Tesla (TSLA) delivery times extended as China discounts stoke demand

Elon Musk’s Twitter considered selling usernames to boost revenue

According to a New York Times report, citing people familiar with the matter, social media platform Twitter considered selling usernames to generate new revenue. Twitter employees have held conversations about selling some usernames for the service since at least December, the people said. Some engineers have suggested holding online auctions where users can bid on usernames.

It remains unclear on if the project will move forward and if the plan affects all usernames or only a subset. However, CEO Elon Musk said last month that he wanted to start eliminating inactive accounts on... More

Tesla (TSLA) in preliminary talks to build Indonesian factory

An exclusive report by Bloomberg reports that electronic vehicle giant Tesla Inc. (NASDAQ: TSLA) is close to sealing a preliminary deal to set up a factory in Indonesia.

According to people familiar with the matter, the plant would produce as... More

Morgan Stanley sees strength in Tesla (TSLA) as EV market transitions

Morgan Stanley reiterated an Overweight rating and $250.00 price target on Tesla (NASDAQ: TSLA) as analysts believe the global EV market has begun a transition from acute under supply to potential oversupply.

Analyst Adam Jonas believes that 2023 is the year execution on manufacturing costs and... More

Tesla (TSLA) to build $776m expansion at giga Texas

Government filings show that electric vehicle maker, Tesla (NASDAQ: TSLA) has applied for to expand its gigafactory in Texas using a $775.7 million investment. This expansion will mark one of the companys largest expansion drives since setting up the $5.5 billion gigafactory in Germany... More

Morgan Stanley on Tesla (TSLA): 'we believe a floor in the earnings must be reached before investors get comfortable with a floor in the valuation of the equity'

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

The analyst comments "The global EV market is experiencing a transition from acute under supply to potential oversupply. We believe 2023is a year during which execution on manufacturing costs and supply chain management will further separate the winners... More

Revel announces plans to expand EV charging across NYC

Revel, a Brooklyn based electric mobility and infrastructure company, announced Monday that the company aims to expand the number of available fast chargers for electric vehicles across New York City.

The company plans to develop and open five new EV fast charging superhubs across multiple boroughs to add 136 public charging stalls, open 24/7 and compatible with any EV. The largest site will be... More

BoA reviews record EV sales in November

Strong PHEV sales in Europe lead to a historic EV sales peak in November. Analyst Bank of America analyst, Horst Schneider believes that the boom in Europe might be driven by the upcoming subsidy phase-out in Germany by year-end 2022. Only vehicles delivered in 2022 are eligible for this subsidy.

The global EV penetration rate also hit a new record-high in November at 15.1%, driven by 23% penetration rate in China and 18% in Europe.... More

Britishvolt speaking with investors about possible sale

Britishvolt, an EV battery startup located in the U.K., announced Monday that the company has entered talks with investors about selling a majority stake in the company. However, the company chose not to disclose any names.

Management said back in November that Britishvolt had received some short-term... More

Tesla (TSLA) Climbs 6.7%

Tesla (NASDAQ: TSLA) Climbs 6.7%

Berkshire Hathaway sells 1M BYD shares

According to a filing with the Chinese stock exchange, Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.058 million Hong Kong-listed shares of electric vehicle maker BYD at an average price of HK$191.44 ($24.52) per share.

The sale lowered Berkshire's holdings in BYD's total issued H-shares to 13.97%... More

Tesla (TSLA) PT Lowered to $135 at BofA Securities

BofA Securities analyst John Murphy lowered the price target on Tesla (NASDAQ: TSLA) to $135.00 (from $275.00) while maintaining a Neutral rating.... More

Tesla (TSLA) 30-day option implied volatility at 82

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 82; compared to its 52-week range of 49 to 96.

Waiting times for some Tesla models in China increase after automaker discounts

SHANGHAI (Reuters) - Prospective Tesla Inc buyers in China are waiting longer for certain versions of its Model Y car, suggesting the electric-vehicle maker's decision to cut prices is stoking demand in its second-largest market.

Tesla cut prices by 6% to 13.5% on Friday, bringing some of its auto prices to near BYD's best-selling models in a step analysts said was a sign that a price war could be building as demand in China has faltered.

The waiting time for orders of the rear-wheel-drive and long-range versions of Model Y were a week longer on Monday than on Friday,... More

Active options: TSLA AAPL AMZN AMD MSFT META NVDA BBBY

Active options: TSLA AAPL AMZN AMD MSFT META NVDA BBBY

Tesla offers discount in Singapore on EVs in inventory

SINGAPORE (Reuters) - Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said on Monday.

Tesla is offering a discount of $5,000 for electric vehicle purchasers who trade in an existing internal... More

Tesla short sellers pile on pressure after most profitable trade in 2022

By Saqib Iqbal Ahmed

NEW YORK (Reuters) - Fresh off their most profitable year ever, short sellers targeting Tesla Inc's stock are heaping more pressure on the electric vehicle maker led by Elon Musk.

Traders who aim to profit by selling borrowed shares and hoping to buy them back later at a lower price have increased their short positions on Tesla to about 79 million, according to data from analytics firm S3 Partners. That is up almost 4%, or $325 million worth of new short sales, over the last 30 days, the data showed.

Tesla short interest stands at $8.76... More

Crowds as Tesla (TSLA) China stores said protestors, not customers - electrek

Crowds as Tesla (NASDAQ: TSLA) China stores said protestors, not customers - electrek (LINK)

Tesla (TSLA) Erases Decline, Up 0.5%

Tesla (NASDAQ: TSLA) Erases Decline, Up 0.5%

Citi says XPeng (XPEV) will suffer most from Tesla (TSLA) price cut

Electric vehicle maker, Tesla (NASDAQ: TSLA) announced on Friday that the company has cut the price of various model configurations of Model 3 and Model Y, with MSRP of entry-level Model 3 down by Rmb36,000 to Rmb229,900 and that of entry-level Model Y down by Rmb29,000... More

Tesla (TSLA) January weekly (13) option implied volatility at 83 as shares sell off 1.3%

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 83, January is at 76; compared to its 52-week range of 43 to 96 as shares sell off 1.3%.

U.S. stocks are rising after December jobs report eases rate fears

By Liz Moyer

Investing.com -- U.S. stocks rallied after jobs data showed a cooling labor market, easing investor concerns about rising interest rates.

At 9:40 ET (14:40 GMT), the Dow Jones Industrial Average was up 210 points or 0.6%, while the S&P 500 was up 0.5% and the NASDAQ Composite was up 0.1%.

Futures had already jumped after Decembers jobs report showed a slightly cooling labor market, with average hourly earnings dipping lower. Investors were hoping for... More

Tesla (TSLA) Pares Decline, Now Down Only 3%

Tesla (NASDAQ: TSLA) Pares Decline, Now Down Only 3%

Active options: TSLA AAPL AMZN BBBY MSFT AMD NVDA NIO META

Active options: TSLA AAPL AMZN BBBY MSFT AMD NVDA NIO META

Tesla (TSLA) Tests Low, Down 8% at $101.5

Tesla (NASDAQ: TSLA) Tests Low, Down 8% at $101.5

Tesla, Bed Bath&Beyond and Silvergate Capital fall premarket; WWE rises

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, January 6th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock fell 6.2% after the... More

XPeng Inc. (XPEV) 'to Suffer The Most' on Tesla (TSLA) China Price Cut - Citi

XPeng Inc. (NYSE: XPEV) 'to Suffer The Most' on Tesla (NASDAQ: TSLA) China Price Cut - Citi

Citi analyst Jeff Chung comments "On 6 Jan, Tesla China announced price cut on various configurations of Model 3 and Model Y,... More

Dow futures rise 45 pts as nonfarm payrolls loom large

By Peter Nurse

Investing.com -- U.S. stocks are seen opening mixed Friday, with investors cautiously awaiting the December jobs report for indications of future monetary policy.

At 07:00 ET (12:00 GMT), the Dow Futures contract was up 45 points, or 0.1%, S&P 500 Futures traded largely flat, while Nasdaq 100 Futures dropped 25 points, or 0.2%.

The three main indices closed lower Thursday after stronger than expected ADP's private payroll data and lower initial unemployment claims raised fears that this would encourage the Federal Reserve to keep interest rates higher for... More

Tesla (TSLA) falls following latest round of price cuts; Li, Nio and XPeng also drop

Shares of Tesla (NASDAQ: TSLA) are down 5.76% in pre-market trading Friday after the electric vehicle maker announced a cut to car prices in China and other Asian markets as part of efforts to stoke demand for output from its Shanghai plant.

According... More

China EV Stocks Hit on Tesla Price Cuts

Tesla (NASDAQ: TSLA) competitors in China are getting hit this morning on the company's significant Model 3 and Y price cuts. Tesla slashed prices for all versions of its Model 3 and Model Y cars in China by between 6% to 13.5%.

Tesla (TSLA) sinks 5% on more China price cuts

Tesla (NASDAQ: TSLA) shares are down another 5% in pre-open trading after cutting prices for all versions of its Model 3 and Model Y cars in China by between 6% to 13.5%. The company also made price cuts in various other Asian markets.

Factbox-Details of Tesla price cuts in China, other Asian markets

(Reuters) - Tesla cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke demand for output from its Shanghai plant, a person with direct knowledge of the plan said.

Following are details of the price cuts:

CHINA

Tesla slashed prices for all versions of its Model 3 and Model Y... More

CICC Starts Tesla (TSLA) at Outperform

CICC initiates coverage on Tesla (NASDAQ: TSLA) with a Outperform rating and a price target of $160.00.

For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.

Shares of Tesla closed at $110.34 yesterday.

Today's most important upgrades

Edward Jones upgraded Tesla (NASDAQ: TSLA) to Buy from Hold and adds to its Focus List. According to the firm, the share price of Tesla, which has declined significantly over the past year due to concerns of slowing economic growth and Elon Musk's time spent managing Twitter, does not... More

Active options: TSLA AAPL AMZN MSFT NVDA BABA BBBY NFLX META SI

Active options: TSLA AAPL AMZN MSFT NVDA BABA BBBY NFLX META SI

Tesla (TSLA) will continue to grow due to global regulations - Edward Jones

Edward Jones analyst Jeff Windau upgraded Tesla (NASDAQ: TSLA) to Buy from Hold, also adding the stock to the firm's Focus List in a note to clients on Thursday.

At the time of writing, Tesla shares are down almost 3%, following a more than 5% gain in Wednesday's session.

The... More

Twitter laid off about 40 data scientists and engineers working on advertising late Wednesday - The Information

Twitter laid off about 40 data scientists and engineers working on advertising late Wednesday night in what amounted to at least the third round of cuts since mid-December - The Information.

Edward Jones Upgrades Tesla (TSLA) to Buy, Adds to Focus List

(Updated - January 5, 2023 1:25 PM EST)

Edward Jones analyst Jeff Windau upgraded Tesla (NASDAQ: TSLA) from Hold to Buy and adds to Edward Jones Focus List.

The analyst commented "Tesla's stock price has declined significantly over the past year due to... More

Tesla (TSLA) January weekly option implied volatility above 100 as shares sell off 5%

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 105, January is at 86; compared to its 52-week range of 43 to 96 as shares sell off 5%.

Active options: TSLA AAPL AMZN MSFT BBBY NVDA SI BABA COIN META

Active options: TSLA AAPL AMZN MSFT BBBY NVDA SI BABA COIN META

Tesla (TSLA) Declines 4%

Tesla (NASDAQ: TSLA) Declines 4%

Tesla, EV rivals absorb costs after China pulls plug on subsidy

SHANGHAI (Reuters) - Chinas decision to end a more than decade-long subsidy for electric vehicle purchases has forced automakers, including Tesla, to deepen discounts to maintain sales as demand eases in the world's largest market.

The government originally planned to phase out the support scheme for EV makers and battery suppliers by the end of 2020, but extended it until the end of December in response to the pandemic.

As China grapples with the upheaval of an upsurge in COVID-19 cases and its economy grows at the slowest pace in decades, Tesla, Xpeng and SAIC-GM-Wuling have opted to... More

Tesla (TSLA) target lowered at Mizuho on macro challenges, company remains 'long-term global EV leader'

Vikay Rakesh of Mizuho Securities maintained a 'Buy' recommendation on Tesla, Inc (NASDAQ: TSLA), but lowered his Price Target on shares to $250 from $285 citing the worsening macro environment with 'headwinds to the consumer and discretionary spending.'

In his latest note on the company, the analyst points... More

Tesla (TSLA) PT Lowered to $250 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Tesla (NASDAQ: TSLA) to $250.00 (from $285.00) while maintaining a Buy rating.... More

Tesla's Dec sales of China-made cars fall to the lowest in five months

SHANGHAI (Reuters) -Tesla Inc delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association (CPCA) on Thursday.

That was a 44% drop from November and 21% fewer than a year earlier as the U.S. automaker reduced output and cut prices to deal with rising inventories amid weakening demand.