US Government Expands EV Tax Credits After Industry Backlash - Bloomberg

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

February 6, 2023 10:47 AM EST

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

February 6, 2023 10:05 AM EST

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

February 6, 2023 7:19 AM EST

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

Bloomberg says Rivian Automotive CEO told staff the company is developing an electric bike

February 3, 2023 2:29 PM EST

Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) is developing an electric bike, Bloomberg said on Friday.

The California-based company's chief executive, RJ Scaringe, reportedly told staff the news at a companywide meeting, according to Bloomberg sources.

The publication stated that Scaringe... More

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