Toyota (TM) to outline 3-year EV strategy changes to suppliers

Tesla (TSLA) weakness continues as investors lash out at Musk

December 14, 2022 3:55 PM EST

Shares of electric vehicle giant, Tesla (NASDAQ: TSLA) are down 2.66% near end of day trading on Wednesday, extending the stocks decline to its lowest level in more than two years as investors lash out at CEO Elon Musk's distraction from the electric car company following... More

Citi’s releases thoughts on recent Tesla (TSLA) weakness

December 14, 2022 7:49 AM EST

Shares of electric vehicle maker Tesla (NASDAQ: TSLA) are down 0.66% in pre-market trading on Wednesday after closing at -4% the day before. Citi analyst Itay Michaeli attributes the companys recent weakness to continued macro/demand/pricing concerns, with the most recent datapoint coming... More

Goldman Sachs remains bullish after cutting price target on Tesla (TSLA)

December 14, 2022 7:24 AM EST

Goldman Sachs reiterated a buy rating on Tesla (NASDAQ: TSLA) and lowered the price target to $235.00 (from $305.00) after lowering estimates to reflect softer supply and demand.

Goldman now assumes 420K deliveries in 4Q22 (from 440K prior) and 1.85 mn units in 2023 (from 1.95 mn prior). They... More

Citi Comments on Tesla (TSLA) Selloff; Blames Demand, Macro, and Price Worries

December 13, 2022 4:39 PM EST

Citi 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 EST

China'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 EST

Morgan 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

Tesla (TSLA) 30-day option implied volatility at 66 as shares sell off 3.6%

December 12, 2022 10:09 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 66; compared to its 52-week range of 49 to 84.

... More

Active options: TSLA AAPL AMD MLCO AMZN NVDA MSFT NFLX

December 12, 2022 9:51 AM EST

Active options: TSLA AAPL AMD MLCO AMZN NVDA MSFT NFLX

... More

Tesla (TSLA) Declines on Open, Down 2.75%

December 12, 2022 9:32 AM EST

Tesla (NASDAQ: TSLA) Declines on Open, Down 2.75%

... More

If the Fed raises rates again next week, the recession will be greatly amplified - Elon Musk

December 9, 2022 2:33 PM EST

If the Fed raises rates again next week, the recession will be greatly amplified - Elon Musk

... More

Tesla (TSLA) to suspend Model Y production in China through end of year

December 9, 2022 10:59 AM EST

Reuters reports today, citing an internal memo and people with knowledge of the matter, that Tesla (NASDAQ: TSLA) will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1.

The interruption of assembly at the end of the month would be part of a cut in planned production of about 30% in the month for the Model Y,... More

Active options: TSLA NVDA AAPL NFLX AMZN AMD DOCU META NIO MSFT LULU

December 9, 2022 10:04 AM EST

Active options: TSLA NVDA AAPL NFLX AMZN AMD DOCU META NIO MSFT LULU

... More

Tesla (TSLA) Climbs on Open, Up 2.5%

December 9, 2022 9:44 AM EST

Tesla (NASDAQ: TSLA) Climbs on Open, Up 2.5%

... More

Tesla (TSLA) to Suspend Output at China Factory Later This Month - Bloomberg

December 9, 2022 7:08 AM EST

Tesla (NASDAQ: TSLA) will suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January amid production line upgrades and slowing consumer demand, according to Bloomberg, citing people familiar with the matter.

... More

Li Auto slips in premarket after inventory charge widens Q3 loss

December 9, 2022 7:03 AM EST

By Geoffrey Smith 

Investing.com -- ADRs in Li Auto (NASDAQ: LI) fell in premarket after the Chinese maker of electric vehicles posted another hefty loss in the third quarter, against the backdrop of higher input costs and repeated economic disruption from COVID-19 lockdowns. 

The company was also forced to book a charge against unsold inventory of its previous flagship product, the Li ONE crossover, as the launch of new models cannibalized the Li ONE's customer base.

Li, seen as one... More

Tesla (TSLA) 30-day option implied volatility at 63 as shares near two-year low

December 9, 2022 4:58 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 63; compared to its 52-week range of 49 to 84 as shares near two-year low.

... More

3 stock rumors being discussed on trading floors today

December 8, 2022 5:38 PM EST

After five days of selling pressure, stocks finally snapped the streak today following a rise in jobless claims. Amid the upside, several rumors swirled around Wall Street. Below we highlight a few:

MBIA (NYSE: MBI) rose over 4% following a report from StreetInsider.com that the... More

Tesla’s (TSLA) Elon Musk tasks top China executive to aid ramp at Texas gigafactory

December 8, 2022 2:38 PM EST

According to a late Wednesday report by Bloomberg, Tesla (NASDAQ: TSLA) CEO Elon Musk has asked longtime executive and the company's president in China, Tom Zhu, to help run the carmaker's new plant in Austin, Texas as the facility prepares to ramp... More

Tesla (TSLA) call put ratio 1.1 calls to 1 put as shares near two-year low

December 8, 2022 10:05 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 63; compared to its 52-week range of 49 to 84. Call put ratio 1.1 calls to 1 put as shares near two-year low.

... More

Active options: TSLA AAPL AMZN META GME NVDA NIO BABA T AMC NFLX

December 8, 2022 9:46 AM EST

Active options: TSLA AAPL AMZN META GME NVDA NIO BABA T AMC NFLX

... More

Tesla (TSLA) to shorten shifts and delay hiring at Shanghai plant

December 8, 2022 9:25 AM EST

Bloomberg reports this morning, citing people familiar with the situation, that electric vehicle company, Tesla (NASDAQ: TSLA) will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff. The report has shares trading down almost 2%.

According to the... More

Rent the Runway, Hershey, Exxon Mobil rose premarket; Tesla fell

December 8, 2022 8:53 AM EST

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, December 8th. Please refresh for updates.

Rent the Runway (NASDAQ: RENT)... More

Banks may provide Elon Musk with new margin loans against Tesla stock - report

December 8, 2022 8:19 AM EST

Wall Street banks are considering providing Elon Musk, CEO of Tesla (NASDAQ: TSLA) and Twitter, with new margin loans to replace older loans he secured to acquire the social media company, according to Bloomberg News.

Musks advisers and banks, including Morgan Stanley... More

Jobless claims, Costco, Broadcom results, China COVID - what's moving markets

December 8, 2022 7:38 AM EST

By Geoffrey Smith

Investing.com -- The U.S. releases weekly jobless claims into a market spooked by labor market tightness, Costco, Lululemon, and Broadcom announce earnings. China's rally pauses for breath as investors switch their focus to the risk of the COVID-19 virus spreading and Vladimir Putin returns to rattling his nuclear saber. Here's what you need to know in financial markets on Thursday, December 8th.

1. Jobless claims to cast light on labor market tightness

Normally when weekly jobless claims feature in this slot, its a... More

Tesla (TSLA) to Shorten Shanghai Factory Shifts, Delay New Staff Hires - Bloomberg

December 8, 2022 7:00 AM EST

Tesla (NASDAQ: TSLA) to Shorten Shanghai Factory Shifts, Delay New Staff Hires - Bloomberg

Move comes amid plans to cur China productionfacing flagging demand, increased competition in China
... More

Musk Bankers Mull Tesla (TSLA) Margin Loan to Cut Risky Twitter Debt - Bloomberg (earlier)

December 8, 2022 6:59 AM EST

Musk Bankers Mull Tesla (NASDAQ: TSLA) Margin Loan to Cut Risky Twitter Debt - Bloomberg (earlier)

... More

China Nov passenger vehicle sales drop 9.5%, first fall in six months - CPCA

December 8, 2022 3:29 AM EST

SHANGHAI (Reuters) -China's passenger vehicle sales fell for the first time in six months in November and are expected to stay flat next year, an industry body said on Thursday, as demand weakens faster than expected, even as stringent COVID rules are eased.

Vehicle sales last month fell 9.5% from a year earlier to 1.67 million units, the first decline since May, according to the China Passenger Car Association (CPCA).

Many large cities imposed some form of lockdowns last month as COVID-19 cases rose.

"The November sales were far worse than previous expectations," Cui Dongshu, the CPCA's secretary... More