South Korea fines Tesla (TSLA) $2.2m for false advertising

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Tesla (TSLA) files to expand trademark to 'not for land vehicles'

January 4, 2023 1:55 PM EST

In an exclusive report by Electrek, Tesla (NASDAQ: TSLA) has filed to extend its trademark to include electric motors "not for land vehicles," hinting that the electric vehicle... More

Tesla's (TSLA) 'ominous' start has investors concerned

January 4, 2023 8:09 AM EST

Wedbush reiterated an Outperform rating and $175.00 price target on Tesla (NASDAQ: TSLA) after the electric vehicle giant saw a major sell-off Tuesday as a result of soft 4Q delivery numbers.

Analyst, Daniel Ives described the sell-off as an "ominous start for the company to kick off 2023 after a horrific 2022". However, the EV makers main worry for now is... More

Truist cuts revenue estimates and price target following Rivian (RIVN) production miss

January 4, 2023 7:53 AM EST

Truist Securities reiterated a Buy rating on Rivian Automotive (NASDAQ: RIVN) and cut the companys price target to $50.00 (from $65.00) following the electric vehicle makers 4Q production and delivery miss.

Rivian reported the 4Q production of 10,020 vehicles, coming in short of the streets estimated 10,892. Deliveries were... More

Tesla (TSLA) PT Lowered to $186 at RBC Capital, '4Q22 deliveries miss, could spark lower mid-term expectations'

January 3, 2023 10:59 AM EST

RBC 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

Morgan Stanley on Tesla (TSLA): 'we still see there being an attractive entry for investors as TSLA trades closer to our $80 bear case'

January 3, 2023 8:53 AM EST

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $250.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "We reiterate our OW rating on Tesla and believe recent share price weakness is a window of opportunity to buy the global EV... More

BYD reports December sales in line with overall market

January 3, 2023 8:26 AM EST

Chinese 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 EST

According 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

Piedmont Lithium (PLL) Amends Supply Deal with Tesla (TSLA)

January 3, 2023 6:50 AM EST

Piedmont Lithium (Nasdaq: PLL) today announced that it has amended its agreement with Tesla, Inc. (NASDAQ: TSLA) to supply the U.S. automaker with spodumene concentrate (SC6) from North American Lithium (NAL).

Piedmont and Tesla have mutually agreed to amend their... More

4 analysts discuss Tesla (TSLA) stock after Q4 deliveries miss estimates; shares drop

January 3, 2023 6:47 AM EST

Shares of Tesla (NASDAQ: TSLA) are down more than 3% in pre-open Tuesday after the electric vehicle (EV) maker reported it delivered over 405,000 units in the fourth quarter of 2022, missing the average analyst estimates.

Year-over-year (YoY), vehicle deliveries grew by 40%. The total 2022 production growth was 47%, below Tesla's goal of 50%. The EV company said it produced more than 439,000 EV units in Q4, growing 47% YoY.

We continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the... More

Tesla (TSLA) PT Lowered to $125 at JPMorgan

January 3, 2023 6:43 AM EST

(Updated - January 3, 2023 6:44 AM EST)

JPMorgan analyst Ryan Brinkman lowered the price target on Tesla (NASDAQ: TSLA) to $125.00 (from $150.00) while maintaining a Underweight rating.

The analyst comments "Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product... More

Tesla (TSLA) PT Lowered to $299 at Truist Securities Following Q4 Deliveries Update

January 3, 2023 6:42 AM EST

(Updated - January 3, 2023 11:08 AM EST)

Truist Securities analyst William Stein lowered the price target on Tesla (NASDAQ: TSLA) to $299.00 (from $348.00) while maintaining a Buy rating.

The analyst comments "TSLA's Q4 deliveries below consensus, likely better than buyside fears. Reiterate... More

Tesla (TSLA) PT Lowered to $205 at Goldman Sachs

January 3, 2023 6:17 AM EST

Goldman Sachs analyst Mark Delaney lowered the price target on Tesla (NASDAQ: TSLA) to $205.00 (from $235.00) while maintaining a Buy rating.... More

Elon Musk's SpaceX to raise $750 million at a $137 billion valuation - report

January 3, 2023 5:23 AM EST

The private spaceflight company SpaceX, founded by Tesla (NASDAQ: TSLA) CEO Elon Musk, is reportedly looking to raise $750 million in a new funding round.

According to CNBC, the funding round, which is likely to be led by Andreessen Horowitz (a16z), values the space... More

Tesla (TSLA) 30-day option implied volatility at 87 into reporting Q4 deliveries

January 3, 2023 2:21 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 87; compared to its 52-week range of 49 to 96 into reporting Q4 deliveries of 405,278 on production of 439,701.

... More

Stocks expected to have increasing option volume: TSLA AAPL SPX QQQ RUT ARKK

January 3, 2023 1:52 AM EST

Stocks expected to have increasing option volume: TSLA AAPL SPX QQQ RUT ARKK

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Tesla (TSLA) says it produced over 439,000 vehicles, delivered over 405,000 in fourth quarter

January 2, 2023 12:20 PM EST

Tesla (Nasdaq: TSLA) announced:

In the fourth quarter, we produced over 439,000 vehicles and delivered over 405,000 vehicles. In 2022, vehicle deliveries grew 40% YoY to 1.31 million while production grew 47% YoY to 1.37 million.

We continued to transition towards a more even regional mix of vehicle builds which again led to a further increase in cars in transit at the end of the quarter.

Thank you to all of our customers, employees, suppliers, shareholders and supporters... More

Tesla (TSLA) 4Q Deliveries 405,278, Est. 420,760 - Bloomberg

January 2, 2023 12:14 PM EST

Tesla (NASDAQ: TSLA) 4Q Deliveries 405,278, Est. 420,760 - Bloomberg

... More

Tesla (TSLA) Illegally Told Staff To Not Discuss Pay, NLRB Claims - Bloomberg

December 30, 2022 3:51 PM EST

Tesla (NASDAQ: TSLA) Illegally Told Staff To Not Discuss Pay, NLRB Claims - Bloomberg

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Active options: TSLA AAPL AMZN NVDA NFLX META AMD MSFT FUTU

December 30, 2022 2:09 PM EST

Active options: TSLA AAPL AMZN NVDA NFLX META AMD MSFT FUTU

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Tesla (TSLA) January weekly option implied volatility is at 101 into 2023

December 30, 2022 11:15 AM EST

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 101, January is at 87; compared to its 52-week range of 43 to 96. Call put ratio 1.1 calls to 1 put.

... More

Active options: TSLA AAPL AMZN NVDA META NFLX AMD NKLA MSFT

December 30, 2022 9:54 AM EST

Active options: TSLA AAPL AMZN NVDA META NFLX AMD NKLA MSFT

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Wall Street analysts weigh on Tesla (TSLA) - one of S&P 500's biggest losers in 2022

December 30, 2022 8:39 AM EST

Today will close the most difficult year for stock trades in 14 years. Why being a stock market investor was challenging in 2022, remember that bond investors had one of the worst years in history.

The S&P 500 is down nearly 20% year-to-date (YTD) after Feds aggressive interest rate hikes weighed on swollen valuations. The energy sector is the biggest outperformer in 2022, capitalizing on high inflation and robust demand for commodities.

On the other hand, the tech sector has had a horrible year with Nasdaq down roughly 33% YTD. Even in such an environment, some of the biggest tech... More

10 things Musk needs to do to help Tesla (TSLA) stock recover in 2023 - Wedbush's Ives

December 30, 2022 6:41 AM EST

Based on yesterdays close of $121.82, Tesla (NASDAQ: TSLA) stock price is down over 65% year-to-date (YTD). This weeks low of $108.24, which is also the 2022 low for Tesla stock, marks the lowest level seen since August 2020.

Several sell-side analysts jumped in this week to defend Tesla and highlight a buying opportunity in stock after a massive selloff since August.

Along... More

Tesla (TSLA) January weekly call option implied volatility at 103

December 30, 2022 4:21 AM EST

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 103, January is at 87; compared to its 52-week range of 43 to 96.

... More