Tesla (TSLA) January weekly option implied volatility is at 101 into 2023
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Tesla (TSLA) PT Lowered to $186 at RBC Capital, '4Q22 deliveries miss, could spark lower mid-term expectations'
January 3, 2023 10:59 AM ESTRBC Capital analyst Joseph Spak lowered the price target on Tesla (NASDAQ: TSLA) to $186.00 (from $225.00) while maintaining a Outperform rating.
The analyst comments "4Q22 deliveries of 405.3k wasn't too far off from our 408.5k forecast but was ~3% shy of sell-side consensus... More
BYD reports December sales in line with overall market
January 3, 2023 8:26 AM ESTChinese electric vehicle maker, BYD announced their December sales numbers with passenger NEV sales jumping 2% MoM and 153% YoY to 234.6k units. The companys December wholesale sales rose by ~5k units MoM, decelerating from 12k/17k increments seen in the last two months. Morgan Stanley analyst, Tim Hsiao believes that... More
Zhu to oversee Tesla’s (TSLA) U.S. assembly
January 3, 2023 7:06 AM ESTAccording to an exclusive report by Reuters Tuesday, Teslas (NASDAQ: TSLA) China chief Tom Zhu has been promoted to take direct oversight of the electric carmakers U.S. assembly plants as well as sales operations in North America and Europe. The report cites an internal posting of reporting lines reviewed by... More
South Korea fines Tesla (TSLA) $2.2m for false advertising
January 3, 2023 6:53 AM ESTAmerican electric vehicle maker, Tesla (NASDAQ: TSLA) has been fined $2.2 million by The Korea Fair Trade Commission (KFTC) for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures. The Korean antitrust regulator said that Tesla had... More
