Musk meets with top Biden officials to discuss EV and energy goals

Warren Buffet backed EV maker BYD in talks to acquire insurer Yi'an

BYD, the Chinese electric vehicle company in China, announced on Tuesday that the Warren Buffet backed automaker is working on a potential acquisition of Yi'an P&C Insurance Co, an insurer that was seized by Chinese regulators two years ago as part of a crackdown on financial... More

Tesla (TSLA) to increase CAPEX and ramp battery cell and semi-truck production

Tesla (NASDAQ: TSLA) announced in a 10-K filing on Tuesday that the electric vehicle company will increase its capital expenditure next year as the electric-vehicle maker increases production of a new battery cell and the Semi heavy duty truck.

Tesla wrote in the filing that we are likely to see heightened levels of capital... More

Tesla (TSLA) to offer additional discounts and supercharging incentives

(Updated - January 30, 2023 2:33 PM EST)

UPDATE: Teslarati has confirmed with Tesla that newest discount/supercharging incentives are for Model S and X vehicles only.

Story by teslarati.com reports today that Tesla (NASDAQ: TSLA) is now offering an additional $3000 discount or 3 years of free Supercharging incentives with the purchase of new vehicles. However, the... More

Berenstein spoke with investors following Tesla’s (TSLA) mixed Q4 report

Bernstein reiterated an Underperform rating on Tesla (NASDAQ: TSLA) with a $150.00 price target after speaking with the company and several investors. Tesla has rallied dramatically despite reporting mixed results on Jan 25. Tesla missed margins significantly but provided reassuring guidance and commentary on demand and beat on EPS due to a lower-than-expected tax rate and... More

Lucid Group (LCID) doubles on Saudi rumors

Shares of electric vehicle maker Lucid Group (NASDAQ: LCID) nearly doubled intra-day Friday on rumors reported at Betaville that Saudi Arabia's Public Investment Fund is working on plans to buy the remaining stake that it doesnt own.

The stock has since... More

Tesla's Musk meets top Biden officials on EVs in Washington

By Nandita Bose, David Shepardson and Raphael Satter

WASHINGTON (Reuters) -Tesla Chief Executive Elon Musk met two top White House officials on Friday in Washington to discuss how the car maker and Democratic President Joe Biden could work together to advance electric vehicle production and speed electrification of U.S. vehicle networks.

Musk met John Podesta, a Democratic stalwart who serves as Biden's senior adviser for clean energy innovation, and Mitch Landrieu, who oversees infrastructure spending, the White House said. The billionaire and Biden have often been at odds over political and labor issues.

"John... More

Tesla (TSLA) CEO Elon Musk meets top Biden admin officials to discuss electrification goals - Reuters

Tesla (NASDAQ: TSLA) CEO Elon Musk meets top Biden admin officials to discuss electrification goals - Reuters

Midday movers: American Express, Tesla, Intel and more

Liz Moyer

Investing.com -- Tech underpinned another move higher for stocks on Friday as investor fears about a recession faded ahead of the Federal Reserve policy meeting next week. Here are the midday movers for Jan. 27.

Tesla (TSLA) Extends Gain, Now Up 10.6%

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 10.6%

Morgan Stanley Bullish as Tesla (TSLA) ushers in the 'Great EV Deflation'

Morgan Stanley reiterated an Outperform rating and $220.00 price target on Tesla (NASDAQ: TSLA) as the electric vehicle giants recent price cuts usher in, what analyst Adam Jonas calls, the Great EV Deflation.

Jonas wrote in a note, In recent days, Ive asked several dealers and automotive experts if theyve ever seen a car company cut prices by 13 to 20% across the vast majority of its product range in one move. Nobody can think of a precedent.

Some... More

Tesla (TSLA) Extends Gain, Up 8.5%

Tesla (NASDAQ: TSLA) Extends Gain, Up 8.5%

Tesla (TSLA) Extends Gain, Now Up 6.2%

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 6.2%

Tesla (TSLA) call put ratio 1.3 calls to 1 put

Tesla (NASDAQ: TSLA) February weekly call option implied volatility is at 69, February is at 63; compared to its 52-week range of 49 to 96.

Tesla (TSLA) mentioned positive at boutique

Tesla (NASDAQ: TSLA) on watch as boutique research firm notes total configurations (ex-Cybertruck) are on track to be up Y/Y and M/M and is being driven primarily by high demand for the Model Y.

Tesla (TSLA) PT Lowered to $257 at Argus

Argus analyst Bill Selesky lowered the price target on Tesla (NASDAQ: TSLA) to $257.00 (from $374.00) while maintaining a Buy rating.... More

Tesla (TSLA) January weekly option implied volatility after sharp rally

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 77, March is at 60; compared to its 52-week range of 49 to 96 after sharp rally.

Active options: TSLA AAPL AMZN NVDA MSFT BBBY INTC META AMC AMD

Active options: TSLA AAPL AMZN NVDA MSFT BBBY INTC META AMC AMD

Today's most important price target changes

Cowen raised the price target on Tesla (NASDAQ: TSLA) to $140.00 from $122.00 while maintaining a Market Perform rating.

The companys shares surged more than 10% today after it insisted that there's no problem with demand for its cars, and forecast another... More

Tesla, insurers take different paths to deal with expensive repairs

By Paul Lienert

(Reuters) - Tesla Inc's electric vehicles are expensive to repair - so much so that the automaker and insurers are addressing the issue in sharply different ways.

Chief Executive Elon Musk says Tesla is making design and software changes to its vehicles to lower repair costs and insurance premiums.

Insurance carriers, meanwhile, are writing off low-mileage Tesla Model Ys that have been in crashes, and sending them to salvage auctions after deeming many too expensive to repair.

During Tesla's fourth-quarter earnings call on Wednesday, Musk said premiums from third-party insurance companies "in... More

Consumer sentiment, inflation data, Chevron earnings: 3 things to watch

By Liz Moyer

Investing.com -- Stocks good a boost from tech on Thursday after Tesla (NASDAQ: TSLA)'s better than expected results for the fourth quarter.

Thursday's preliminary reading of gross domestic product for the final three months of 2022 was also stronger than expected, raising worries that the Federal Reserve would continue to raise interest rates aggressively.

But most market... More

Active options: TSLA AAPL AMZN NVDA MSFT BBBY INTC META AMC AMD

Active options: TSLA AAPL AMZN NVDA MSFT BBBY INTC META AMC AMD

Midday movers: Tesla, Chevron, Southwest Airlines and more

By Liz Moyer

Investing.com -- Tech boosted the major indexes, fueled by a better than expected report on fourth quarter gross domestic product. Here are the midday movers for Jan. 26.

Tesla (TSLA): Morgan Stanley on why the stock is up so much post Q4

Tesla (NASDAQ: TSLA) appears to be finally regaining the trust of investors as its shares trade nearly 10% higher early on Thursday following the company's Q4 earnings release late last night.

Here's Morgan Stanley's Adam Jonas with a point-by-point explanation of what exactly there is to like about the EV maker's latest report:

1. Worries about demand: "Management just told... More

Tesla (TSLA) January weekly option implied volatility is at 93, February is at 36

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 93, February is at 36; compared to its 52-week range of 49 to 96 after quarter results.

Active options: TSLA AAPL AMZN NVDA MSFT AMD META GOOGL NIO RIVN

Active options: TSLA AAPL AMZN NVDA MSFT AMD META GOOGL NIO RIVN

Tesla (TSLA) Extends Gain, Now Up 11%

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 11%

Tesla (TSLA) PT Raised to $140 at Cowen

Cowen analyst Jeffrey Osborne raised the price target on Tesla (NASDAQ: TSLA) to $140.00 (from $122.00) while maintaining a Market Perform rating.... More

Tesla (TSLA) PT Raised to $150 at Wells Fargo

Wells Fargo analyst Colin Langan raised the price target on Tesla (NASDAQ: TSLA) to $150.00 (from $130.00) while maintaining a Equal Weight rating.... More

Bulls win Tesla 'Super Bowl' on demand as bears focus on plunging gross margins

As one analyst put it, Tesla's (NASDAQ: TSLA) fourth-quarter earnings report had something for bulls and bears. However, based on the +7% price action Thursday morning, the bulls are winning currently. Contributing to the upside are comments from CEO Elon Musk that the recent price cuts have stirred significant demand. The stock has at least two price target hikes on... More

Tesla (TSLA) PT Raised to $200 at Wedbush

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $200.00 (from $175.00) while maintaining a Outperform rating.... More

Tesla (TSLA) up over 7% in premarket as upbeat Musk reassures on 2023 outlook

(Updated - January 26, 2023 5:44 AM EST)

Investing.com -- Tesla (NASDAQ: TSLA) stock gained over 7% in premarket trading on Thursday after the electric vehicle maker insisted that there's no problem with demand for its cars, and forecast another year of solid - if slightly slower - growth.

Tesla reported underlying earnings per share of $1.19 in the fourth quarter, a little ahead of the $1.15 consensus, which had been revised down sharply at the end of last year as the company struggled with production and logistics disruptions at... More

Tesla (TSLA) option implied volatility elevated into shares trading up before the bell

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 144, March is at 75; compared to its 52-week range of 49 to 96 into shares trading up before the bell after quarter results.

Tesla (TSLA) PT Raised to $185 at Wolfe Research

Wolfe Research analyst Rod Lache raised the price target on Tesla (NASDAQ: TSLA) to $185.00 (from $160.00) while maintaining a Outperform rating.... More

Tesla (TSLA) PT Raised to $155 at BofA Securities

BofA Securities analyst John Murphy raised the price target on Tesla (NASDAQ: TSLA) to $155.00 (from $130.00) while maintaining a Neutral rating.... More

Tesla (TSLA) PT Raised to $146 at Citi

Citi analyst Itay Michaeli raised the price target on Tesla (NASDAQ: TSLA) to $146.00 (from $137.00) while maintaining a Neutral rating.... More

After-hours movers: Tesla ticks up on beat, Chevron jumps on massive buyback

After-Hours Stock Movers:

DoubleVerify (NYSE: DV) 8% HIGHER; to be added to S&P SmallCap 600

Wolfspeed (NYSE: WOLF) 7% LOWER; reported Q2 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $216.1 million versus the consensus estimate of $225.54... More

Tesla (TSLA) enters $5 billion unsecured revolving credit facility Citibank

Tesla (NASDAQ: TSLA) enters $5 billion unsecured revolving credit facility Citibank:

Revolving Credit Facility

On January 20, 2023, Tesla, Inc. (Tesla) entered into a credit agreement (the RCF Credit Agreement) with Citibank, N.A., as administrative agent, Deutsche Bank Securities Inc. and the lenders and other agents party thereto. The RCF Credit Agreement provides for a senior unsecured revolving credit facility of up to $5.0 billion (the Credit Facility), which Tesla may draw upon from time to time. Tesla may increase the total commitments under the Credit Facility by up to an additional $2.0 billion, subject to certain conditions, potentially increasing... More

Tesla (TSLA) delivers Q4 beat on 37% surge in revenue

Tesla (NASDAQ: TSLA) reported better-than-expected fourth-quarter earnings results after the close Wednesday with EPS topping lowered estimates.

The EV giant reported non-GAAP EPS of $1.19, up 40% from last year and beating the consensus of $1.15.

Revenue rose 37% from last year to $24.318 billion, versus the... More

Musk bullish on Tesla sales as price cuts boost demand

By Hyunjoo Jin and Akash Sriram

(Reuters) - Tesla Inc's aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers' interest.

The company slightly beat Wall Street targets for fourth-quarter revenue and profit earlier on Wednesday despite a sharp decline in vehicle profit margins, and it sought to reassure investors that it can cut costs to cope with recession and as competition intensifies in the year ahead.

Deep price cuts this month have positioned Tesla as the... More

Tesla (TSLA) Tops Q4 EPS by 4c

Tesla (NASDAQ: TSLA) reported Q4 EPS of $1.19, $0.04 better than the analyst estimate of $1.15. Revenue for the quarter came in at $24.32 billion versus the consensus estimate of $24.68 billion.

For earnings history and earnings-related data on Tesla (TSLA) click here.

Active options: TSLA MSFT AAPL NVDA GOOGL SHOP AMD AMC META

Active options: TSLA MSFT AAPL NVDA GOOGL SHOP AMD AMC META

Midday movers: Microsoft, Tesla, Boeing and more

By Liz Moyer

Investing.com -- Tech stocks weighed on the major indexes after Microsoft forecast slowing revenue growth. Here are the midday movers for Jan. 25.

Elon Musk rejects report that he is exploring raising up to $3 Billion to help pay Twitter debt

The Wall Street Journal claimed Wednesday that Elon Musk and his team are weighing up whether to use up to $3 billion in potential new fundraising to repay a portion of the $13 billion Twitter debt, but Musk himself denied the claims in a tweet.

The report states that sources... More

Musk denies on Twitter he is seeking to raise up to $3 billion to payoff Twitter debt

Musk denies on Twitter he is seeking to raise up to $3 billion to payoff Twitter debt

IAS, Twitter partner on third-party brand safety and suitability measurement for advertisers

Today, Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, and Twitter, Inc.... More

Tesla (TSLA) on watch as Musk explores raising up to $3 billion to payoff Twitter debt - WSJ

Tesla (NASDAQ: TSLA) on watch as Musk explores raising up to $3 billion to payoff Twitter debt - WSJ

Tesla (TSLA) announces $3.6B investment to expand Nevada gigafactory

Tesla (NASDAQ: TSLA) announced Wednesday that the electric vehicle maker will be investing an additional $3.6B to continue growing the companys gigafactory in Nevada. Since 2014, Tesla has invested $6.2 billion in Nevada and built a 5.4 million square foot Gigafactory, providing 17,000 local constructions... More

Tesla (TSLA) January weekly option implied volatility elevated into quarter results

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 145, March is at 76; compared to its 52-week range of 49 to 96 into the expected release of quarter results today after the bell.

Tesla shares slip ahead of latest earnings release

By Scott Kanowsky

Investing.com -- Shares in Tesla, Inc. (NASDAQ: TSLA) fell in early U.S. trading on Wednesday, after analysts cut their price target for the electric vehicle manufacturer ahead of the company's quarterly results.

Analysts at Morgan Stanley slashed their price target for the stock to $220 a share from $250 but retained its overweight rating.... More

Tesla’s (TSLA) FSD falls in Consumer Reports ratings

Consumer Reports announced Wednesday that Teslas (NASDAQ: TSLA) Full Self-Driving (FSD) system has fallen in the rankings of 12 driver assistance programs evaluated by the nonprofit.

Of 12 systems tested by Consumer Reports, Ford Motor's (NYSE: F) BlueCruise was first, followed by General Motors' (NYSE:... More

U.S. stock futures fall amid slew of fresh corporate earnings

By Scott Kanowsky

Investing.com -- Wall Street futures were lower on Wednesday, with traders looking ahead to a fresh set of corporate results and key U.S. gross domestic product figures later this week.

At 06:55 ET (11:55 GMT), the Dow Futures contract was down 179 points or 0.53%, S&P 500 Futures traded 29 points or 0.74% lower, and Nasdaq 100 Futures dipped 147 points or 1.24%.

Weighing on sentiment ahead of the U.S. session were disappointing results from Microsoft Corporation (NASDAQ: MSFT). The... More

Tesla (TSLA) PT Lowered to $120 at JPMorgan

JPMorgan analyst Ryan Brinkman lowered the price target on Tesla (NASDAQ: TSLA) to $120.00 (from $125.00) while maintaining a Underweight rating.... More

Tesla (TSLA) PT Lowered to $220 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $220.00 (from $250.00) while maintaining a Overweight rating.... More

Tesla (TSLA) January weekly 144 straddle priced into quarter results

Tesla (NASDAQ: TSLA) January weekly 144 straddle priced for a move of 9% into the expected release of quarter results today after the bell.

Tesla (TSLA) January weekly option implied volatility into quarter results

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 128, March is at 75; compared to its 52-week range of 49 to 96 into the expected release of quarter results today after the bell.