Musk did not need Tesla board to review buyout tweets, directors testify

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Go back to Musk did not need Tesla board to review buyout tweets, directors testify

Deutsche Bank Releases Bullish Comments on Tesla (TSLA) Demand Indicators

February 3, 2023 2:27 PM EST

Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating and $220.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Overall, we are encouraged with demand indicators that point to strong orders following the companys price cuts. More recently, we saw... More

Tesla's (TSLA) German and Chinese deliveries up 912% and 10% in January; Cut prices in South Korea

February 3, 2023 7:50 AM EST

(Updated - February 3, 2023 8:57 AM EST)

UPDATE: Headline correction for Germany and China delivery numbers

The German motor authority, KBA reported Friday that the number of new Tesla (NASDAQ: TSLA) vehicles registered in Germany rose in January by 912.2% from last year's figures to 4,241. Tesla models now make up 2.4% of all new registrations in Germany.

According to the China Passenger Car Association, the company also sold 66,051 China-made electric vehicles in January. Up 18% from December, when the U.S. electric... More

Rivian (RIVN) to cut jobs by 6% amidst price war

February 1, 2023 11:56 AM EST

Reuters reports in an exclusive story Wednesday that Rivian Automotive (NASDAQ: RIVN) is laying off 6% of its workforce in an effort to cut costs. The American EV maker, already grappling with falling cash reserves and a weak economy, is now bracing for what may be an industry-wide price war.

The falling EV prices were kicked off by cuts made recently by Elon Musk-led Tesla and Ford... More