Tesla (TSLA) in preliminary talks to build Indonesian factory

Deutsche Bank views Tesla (TSLA) cuts as 'bold offensive move'; Reiterates buy

Deutsche Bank reiterated a Buy rating and $250.00 price target on Tesla (NASDAQ: TSLA) following a price cut by the automaker in a bold offensive move to bring costs below the IRS threshold and qualify for the $7,500 IRA EV tax credit. However, the unprecedented magnitude and global scope of the cuts clearly also reflect pressure on demand. Model prices in North America and Europe were slashed by 6-20% depending on the model.

Analyst Emmanuel Rosner wrote in a note,... More

Deutsche Bank on Tesla (TSLA): 'this could be the cut to end all cuts'

Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating and $250.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla slashed overnight the prices of many of its vehicle prices in North America and Europe, by 6-20% depending on model. These cuts bring down US prices for most Tesla models and... More

Wells Fargo cuts price target on Tesla (TSLA) ahead of 4Q Report

Wells Fargo reiterated an Equal Weight rating on Tesla Inc. (NASDAQ: TSLA) and cut the price target to $130.00 (from $230.00) ahead of 4Q results and as recent sales and large price cuts in China raise growth concerns. The company is scheduled to report 4Q results after the market closes on January 25th.

Analyst Colin... More

Morgan Stanley on Tesla (TSLA): 'Within a painful reset of EV expectations globally, we see Tesla as a winner'

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Tesla (NASDAQ: TSLA)

The analyst comments "Could Teslas lower prices stimulate higher demand? Sure. Can aggressive pricing discourage or drive-out competition? Probably. But at a time of slowing economic growth and... More

RBC Capital on Tesla (TSLA): 'In our view, demand clearly has been tougher'

RBC Capital analyst Joseph Spak reiterated an Outperform rating and $186.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "In our view, demand clearly has been tougher and there is now hiding from the fact that price cuts hurt gross margins. Recall, late last year we cut 2023 auto gross margins (ex-credits) and now model 25.4% vs. Visible Alpha consensus of 27.7% (which has come down in recent weeks). To us, TSLA clearly seems to be focused on using its margins/cost structure to drive volume and fill up its new capacity (Berlin, Austin) which should... More

Evercore sidelined following Tesla’s (TSLA) latest price cuts

Evercore ISI reiterates an In Line rating and $140.00 price target on Tesla Inc. (NASDAQ: TSLA) following the companys latest price cuts. The company dramatically cut prices overnight by a weighted avg. ~$10k or 16% on Model 3s and Ys to make most of their US offerings eligible for a $7.5k US/IRA consumer credit. Combining this US cut and next 2-month IRA $7.5k (moving to $3.75k mid-March), the starting price of... More

GM remains a top pick at Citi ahead of 4Q reporting

General Motors (NYSE: GM) remains a top pick at Citi Research ahead of 4Q reporting. Mobileye (NASDAQ: MBLY) remains Citis Top Supplier Pick, followed by Aptiv (NYSE: APTV). No changes were made to Citis prior stock setup views from earlier this week. However, refreshed 2023E supplier EPS estimates are 1-4%... More

Expansion delayed at Tesla’s (TSLA) Shanghai gigaplant

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) has reportedly delayed its plans to expand the companys Shanghai factory according to a report by Bloomberg on Thursday, citing people familiar with the matter. The reason for the delay is reportedly connected to Elon Musks... More

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) Climbs 5%

Tesla (NASDAQ: TSLA) Climbs 5%

Tesla, Bed Bath&Beyond rise premarket; Ichor, CarMax and Salesforce fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, January 11th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock rose 1.7% after the electric car manufacturer applied to expand its gigafactory in Texas with an... More

Tesla (TSLA) Nears Preliminary Deal To Set Up Factory In Indonesia - Bloomberg

Tesla (NASDAQ: TSLA) Nears Preliminary Deal To Set Up Factory In Indonesia - Bloomberg

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

Tesla (TSLA) option IV ticks lower

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 86, January is at 73; compared to its 52-week range of 43 to 96.

Tesla files for $776 million expansion of Texas gigafactory

(Reuters) -Tesla has applied to expand its gigafactory in Texas with an investment totaling $775.7 million, government filings showed, marking one of its largest expansion drives since setting up the $5.5 billion gigafactory in Germany last year.

It plans to add five new facilities at its Austin site, including a cell test lab and a unit named "Cathode", according to the company's filings on the... More

Tesla (TSLA) applied with the Texas state department of licensing for a massive $700 million expansion of Gigafactory Texas in Austin - Electrek

Tesla (NASDAQ: TSLA) applied with the Texas state department of licensing for a massive $700 million expansion of Gigafactory Texas in Austin - Electrek

Tesla (TSLA) January weekly option implied volatility at 88 as shares sell off 1.8%

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 88, January is at 74; compared to its 52-week range of 43 to 96 as shares sell off 1.8%.

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

Tesla (TSLA) call put ratio 1 call to 1 put as shares sell off 2.7%

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 90, January is at 75; compared to its 52-week range of 43 to 96 as shares sell off 2.9%.

Tesla (TSLA) Earses Gain, Now Down 2.6%

Tesla (NASDAQ: TSLA) Earses Gain, Now Down 2.6%

Protesting Tesla China buyers vow more pressure over price cuts they missed

SHANGHAI (Reuters) - Dozens of Telsa owners protested at a delivery centre in Shanghai on Tuesday, vowing to raise pressure on the electric car maker after it declined to offer them rebates on price cuts the U.S. firm made last week and that they missed out on.

Similar protests by Tesla owners have sprung up in cities including Henan, Wuxi and Hangzhou in recent days, according to owners and social media posts. Tesla has faced online backlash over previous price cuts in China before but nothing as widespread as the current spontaneous protests.

The groups protesting... More

Active options: TSLA AAPL AMZN NVDA BBBY META AMD COIN

Active options: TSLA AAPL AMZN NVDA BBBY META AMD COIN

Tesla (TSLA) Momentum Continues,Up 2.4%

Tesla (NASDAQ: TSLA) Momentum Continues,Up 2.4%

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

Dow futures trade flat, Powell speech in focus

By Oliver Gray 

Investing.com - U.S. stock futures were trading in a tight range during Tuesday's evening trade, after major benchmark averages finished mixed during the regular session as investors rotated toward riskier assets amid signs of a cooling economy and bets of less aggressive interest rates from Federal Reserve... More

Tesla (TSLA) option IV ticks lower

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 80; compared to its 52-week range of 49 to 96.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average down 0.34%

Investing.com U.S. stocks were mixed after the close on Monday, as gains in the Technology, Basic Materials and Utilities sectors led shares higher while losses in the Healthcare, Telecoms and Oil&Gas sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average fell 0.34%, while the S&P 500 index declined 0.08%, and the NASDAQ Composite index climbed 0.63%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE: CRM), which rose 4.68% or 6.58 points to trade at 147.09 at the close. Meanwhile, Intel Corporation... More

Active options: TSLA AAPL AMZN NVDA AMD BABA BBBY META MSFT MARA

Active options: TSLA AAPL AMZN NVDA AMD BABA BBBY META MSFT MARA

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

U.S. asks Tesla about Musk tweet on driver monitoring function

By David Shepardson

WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) Monday said it was in contact with Tesla about a tweet Chief Executive Elon Musk wrote about a driver monitoring function.

A Dec. 31 tweet suggested drivers with more than 10,000 miles using Tesla's "Full Self-Driving" (FSD) software system should be able to disable the "steering wheel nag," an alert that instructs drivers to hold the wheel to confirm they are paying attention. Musk responded: "Agreed, update coming in Jan."

NHTSA Monday... More

Active options: TSLA AAPL AMZN AMD NVDA BBBY BABA T META

Active options: TSLA AAPL AMZN AMD NVDA BBBY BABA T META

Tesla (TSLA) Climbs 6.7%

Tesla (NASDAQ: TSLA) Climbs 6.7%

Tesla, Alibaba, Abercrombie&Fitch rise premarket; Lululemon falls

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, January 9th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock rose 3.5% after the electric car manufacturer signaled longer waiting times for potential buyers of some versions of the Model Y in China, suggesting increased demand... More

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) delivery times extended as China discounts stoke demand

According to Teslas (NASDAQ: TSLA) website, the waiting times for potential buyers of some versions of the Model Y in China may need to wait a little longer as price cuts announced Friday stoke demand in the electric vehicle maker's second-largest market.

Since Tesla cut prices by 6% to... 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