If the Fed raises rates again next week, the recession will be greatly amplified - Elon Musk
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Citi Comments on Tesla (TSLA) Selloff; Blames Demand, Macro, and Price Worries
December 13, 2022 4:39 PM ESTCiti analyst Itay Michaeli reiterated a Neutral rating and $176.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "We attribute todays Tesla share price weakness (-4%) primarily to continued macro/demand/pricing concerns, with the most recent datapoint coming from... More
Chinese EV brand Zeekr files for U.S. IPO
December 13, 2022 1:52 PM ESTChina's Geely Automobile Holdings Ltd announced Tuesday that the companys electric car brand, Zeekr, has confidentially filed for a U.S. initial public offering, in what would be the first major Chinese listing in the country in nearly two years.
Reuters on Monday exclusively reported that Zeekr was... More
Should Tesla (TSLA) make a phone? Morgan Stanley surveys investors
December 13, 2022 8:07 AM ESTMorgan Stanley reiterated an Overweight rating and $330.00 price target on Tesla (NASDAQ: TSLA) after conducting a survey of institutional investors and industry experts. The survey was distributed Friday, December 2nd through Morgan Stanleys email distribution list, and was comprised of two multiple choice questions. Question 1: What is more likely, Apple making a car or Tesla making a smartphone? Question 2: What is the potential significance of a smart phone to Tesla?
The survey was... More
Toyota (TM) to outline 3-year EV strategy changes to suppliers
December 12, 2022 11:37 AM ESTToyota Motor (NYSE: TM)
Reuters reports today, citing two people with knowledge of the situation, that Toyota (NYSE: TM) is expected to outline adjustments to its electric vehicle strategy to key suppliers early next year, as... More
