Expansion delayed at Tesla’s (TSLA) Shanghai gigaplant

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

Tesla (TSLA) Underperforms Nasdaq, Down 2.8%

Tesla (NASDAQ: TSLA) Underperforms Nasdaq, Down 2.8%

Tesla (TSLA) China Plant Expansion in Doubt Over Starlink Concerns - Bloomberg (Earlier)

An expansion of Tesla's (NASDAQ: TSLA) plant in Shanghai has been delayed over data concerns, according to Bloomberg, citing people familiar with them atter.

Phase-three expansion originally slated to start mid-year would.

Some central government officials expressed concern about a US... More

Tesla (TSLA) January weekly IV bid above January

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 90, January is at 71; compared to its 52-week range of 43 to 96. Call put ratio 1 call to 1.3 puts.

Active options: TSLA AMZN AAPL BBBY AMC BABA AMD META

Active options: TSLA AMZN AAPL BBBY AMC BABA AMD META

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) January weekly (13) option implied volatility ticks higher

Tesla (NASDAQ: TSLA) January weekly (13) call option implied volatility is at 91, January is at 71; compared to its 52-week range of 43 to 96.

Midday movers: Airline stocks, Tesla, AMC Entertainment and more

By Liz Moyer

Investing.com -- Stocks were rising on Wednesday as investors eye a key report on inflation that could help the Fed decide on the next step with interest rates. Here are the midday movers for Jan. 11.

Twitter said to consider selling user names to boost revenue - NYT

Twitter said to consider selling user names to boost revenue - NYT

Judge rejects Tesla's challenge to Calif. agency in race bias lawsuit

By Daniel Wiessner

(Reuters) - Tesla Inc has suffered another setback in its bid to challenge the powers of California's Civil Rights Department, which is suing the electric carmaker over alleged race discrimination at its flagship assembly plant.

A judge in Oakland, California, in a tentative ruling late Tuesday dismissed Tesla's counter-suit claiming the agency did not notify the company of the bias allegations or give it a chance to settle before suing it last... More

Tesla (TSLA) January weekly option implied volatility at 89 as shares rally 4%.

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 89, January is at 72; compared to its 52-week range of 43 to 96 as shares rally 4%.

Tesla (TSLA) Climbs 5%

Tesla (NASDAQ: TSLA) Climbs 5%

Active options: TSLA AMZN BBBY AAPL MSFT NVDA AMC WBD COIN

Active options: TSLA AMZN BBBY AAPL MSFT NVDA AMC WBD COIN

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

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.