Tesla (TSLA) cuts December Model Y output at Shanghai plant

Tesla (TSLA) Launches two EVs in Thailand

American electric vehicle maker, Tesla (NASDAQ: TSLA) has launched two models in Thailand on Wednesday as the car maker continues its expansion into the Asian market. The announcement marks the companys first venture into a region that has long been dominated by Japanese... More

Tesla (TSLA) offers additional price cuts in China through end of year

A company representative from Tesla (NASDAQ: TSLA) announced on Wednesday that the electric vehicle maker will be offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models through to the end of 2022.

The discount comes in addition to a previously... More

Tesla (TSLA) denies reports of output cuts; replies 'false news'

Monday morning saw reports, citing people familiar with the matter, claiming that the electric vehicle giant, Tesla (NASDAQ: TSLA) would be cutting production of the Model Y at the companys shanghai location. However, the automaker has come out saying that the claims were... More

Tesla (TSLA) Falls on Report of Shanghai Production Cuts

Tesla (NASDAQ: TSLA) fell 1.7% in pre-open trading Monday following reports the EV maker will cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, Reuters reported.

Active options: TSLA AAPL AMZN META BABA XPEV NFLX NIO AMD NVDA

Active options: TSLA AAPL AMZN META BABA XPEV NFLX NIO AMD NVDA

Tesla cuts output plan for Shanghai plant for Dec -sources

SHANGHAI (Reuters) -Tesla plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month, two people with knowledge of electric vehicle maker's production plan said on Monday.

The planned production cut comes after Tesla reported record sales in China for November.

The output reduction was first reported by Bloomberg, which said the move was a reflection of sluggish demand.

Reuters was not able to determine the reason for the planned reduction in output at the Shanghai factory, Tesla's largest production hub.

A Tesla representative did not... More

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Active options: TSLA AAPL AMZN META BABA XPEV NFLX NIO AMD NVDA

Morningstar reiterates $250 FVE on Tesla (TSLA); says stock is 'undervalued'

Shares of Tesla (NASDAQ: TSLA) are down 1.57% in mid-day trading on Friday after Morningstar released a report reiterating a $250 fair value estimate on the company. Analyst Seth Goldstein views the shares as currently undervalued, with the stock trading in four-star territory.

Goldstein... More

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Active options: TSLA AAPL AMZN CHPT AMC NVDA AMD XPEV NIO NFLX

Tesla (TSLA) delivers first EV Semi-truck; no update on output or pricing

Electric vehicle giant, Tesla (NASDAQ: TSLA) delivered the companys first heavy-duty Semi on Thursday to PepsiCo (NASDAQ: PEP) without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

CEO, Elon Musk appeared... More

Tesla (TSLA) PT Lowered to $300 at CFRA

CFRA analyst Garrett Nelson lowered the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $340.00) while maintaining a Strong Buy rating.... More

Asana, Marvell, Zscaler, Uber fall premarket; PagerDuty rises

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, December 2nd. Please refresh for updates.

Asana (NYSE: ASAN) stock fell 14% after the work management platform company cut its annual revenue guidance despite reporting healthy third-quarter... More

Morgan Stanley reiterates Overweight on Tesla (TSLA) as EV market faces pressure

Shares of Tesla (NASDAQ: TSLA) are up 0.36% in pre-market trading on Friday after Morgan Stanley reiterated an Overweight rating and $330.00 price target for the company. Analyst, Adam Jonas believes that the electric vehicle company, along with all EV makers, may face downward pressure as demand for electric vehicles slows.

However, a report from Morgan Stanleys s commodities strategists and a cross-sector team of equity analysts found that, as EV demand slows,... More

Dow futures down 55 pts; caution ahead of payrolls

By Peter Nurse    

Investing.com -- U.S. stocks are seen opening slightly lower Friday, ending a generally positive week in a cautious mood ahead of the release of the key monthly U.S. employment report.

At 07:00 ET (12:00 GMT), the Dow Futures contract was down 55 points, or 0.2%, S&P 500 Futures traded 3 points, or 0.1%, lower and Nasdaq 100 Futures dropped 16 points, or 0.1%.

The major averages have headed higher this week, boosted by Federal Reserve Chair Jerome Powell signaling a smaller half-percentage point interest rate hike... More

Active options: TSLA AAPL AMZN META NFLX NVDA AMD CRM XPEV

Active options: TSLA AAPL AMZN META NFLX NVDA AMD CRM XPEV

Tesla (TSLA) recalls 435,000 EVs in China over marker light issue

According to a Chinese regulatory body Tesla (NASDAQ: TSLA) will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision. The fix, which counts as a recall, covers... More

Morgan Stanley Bullish on Tesla (TSLA) heading in to 'disappointing year for EVs'

Shares of electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) are up 0.28% in pre-market trading on Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price target. Analyst, Adam Jonas believes that 2023 is shaping up to be a disappointing year for EVs.

Jonas wrote in a note, 2023 is setting up to be a narrative changing year as EV sales growth decelerates significantly from 68% YTD to as little as 15 to 20% growth next year. At... More

Musk set to finally take wraps off Tesla truck - to tough crowd

By Hyunjoo Jin

SAN FRANCISCO (Reuters) - Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt battery electric trucks can take the strain of hauling hefty loads for hundreds of miles.

The launch marks the electric carmaker's first foray into the trucking business as U.S. President Joe Biden's administration is set to offer a generous $40,000 tax credit for clean commercial vehicles.

At the unveiling event in Tesla's battery factory in Nevada, analysts will look for details such as pricing,... More