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

RBC Capital builds on confidence as Tesla (TSLA) shows they can spur demand growth

RBC Capital reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised their price target on the stock to $223.00 (From $186.00) following the electric vehicle companys 4Q earnings results.

Analyst Tom Narayan wrote in a note, TSLA is demonstrating they can spur demand growth while maintaining margins above 20%, a positive for the near- and long-term outlook.... More

Tesla (TSLA) PT Raised to $223 at RBC Capital

RBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $223.00 (from $186.00) while maintaining a Outperform rating.

The analyst comments "TSLA is demonstrating they can spur demand growth while maintaining margins above 20%, a positive for the near- and long-term... More

Tesla (TSLA) raised at Wedbush as price cuts sway Chinese buyers

Wedbush reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised the price target on the stock to $225.00 (From $200.00) following recent survey work. Based on the survey work, analyst Daniel Ives believes that the China EV reacceleration story for Tesla is just starting to hit its... More

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

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 sales of China-made electric vehicles up 18% in January

BEIJING (Reuters) - Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China Passenger Car Association showed on Friday.

That was up 18% from December, when the U.S. electric car maker sold 55,796 China-made vehicles, and 10% higher versus January last year.

Tesla's Shanghai plant in... More

Active options: TSLA AMZN META AAPL GOOGL AMD NVDA MSFT F

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Active options: TSLA AMZN META AAPL GOOGL AMD NVDA MSFT F SOFI

Tesla (TSLA) call put ratio 2 calls put 1 as shares rally 7.5%

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 74; compared to its 52-week range of 49 to 96. Call put ratio 2 calls put 1.

Tesla (TSLA) Extends Gain, Up 7.5%

Tesla (NASDAQ: TSLA) Extends Gain, Up 7.5%

Active options: TSLA AMD AAPL NVDA AMZN META SNAP AMC PTON SOFI

Active options: TSLA AMD AAPL NVDA AMZN META SNAP AMC PTON SOFI

Active options: TSLA AMD SNAP AMZN NVDA AAPL META AMC PTON SOFI

Active options: TSLA AMD SNAP AMZN NVDA AAPL META AMC PTON SOFI

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Active options: TSLA AMD SNAP AMZN NVDA AAPL META AMC PTON SOFI INTC F

As Tesla ignites an EV price war, suppliers brace for Musk seeking givebacks

By Hyunjoo Jin

SAN FRANCISCO (Reuters) -Tesla Inc suppliers are bracing for pressure from Chief Executive Elon Musk and his team to cut their prices further after the electric car leader aggressively slashed vehicle prices in a slowing economy, industry officials who work with the automaker and its suppliers said. 

The suppliers saw as ominous last month's comments by Tesla Chief Financial Officer Zach Kirkhorn that the carmaker was "attacking every other area of cost" including the supply chain, and would work closely with suppliers. During Tesla's earnings conference call last week, Musk said a recession could... More

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

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

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

By Hyunjoo Jin and Jody Godoy

(Reuters) -Tesla Inc's board had no obligation to review CEO Elon Musk's 2018 tweets announcing a bid to take the electric car maker private, which investors allege were fraudulent, two independent directors testified at trial on Wednesday.

Musk's Aug. 7, 2018 tweets sent Tesla stock soaring and after they fell back down, shareholders sued, alleging they lost money. But board members James Murdoch and Ira Ehrenpreis each said the tweets did not need to be vetted by the company before Musk sent them because he had done so in his individual capacity.

Their testimony... More

Chinese domestic EV makers report January sales decline following Tesla (TSLA) price cuts

Chinas top domestic high-end EV manufacturers: Nio (NYSE: NIO), XPeng (NYSE: XPEV), and Li Auto (NASDAQ: LI), all recorded monthly and year-on-year sales declines in January, with some of the drops exceeding 50%. The weakness follows disrupted production and sales slowed by the weeklong Lunar New Year holiday, as-well-as recent Tesla (NASDAQ: TSLA) price... More

Tesla (TSLA) plans production ramp in Shanghai as price cuts boost demand

In an exclusive story, Reuters reports Wednesday that electric vehicle giant, Tesla, Inc. (NASDAQ: TSLA) plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models. The report cites a planning memo seen by Reuters and a... More

Exclusive-Tesla to raise Shanghai output after price cuts stoke demand -memo

SHANGHAI (Reuters) - Tesla plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to a planning memo seen by Reuters and a person with knowledge of the plan.

The automaker plans to produce a weekly average of nearly 20,000 units at its Shanghai factory in February and March, according to the memo, which detailed output plans for Tesla's most productive and profitable manufacturing... More