Rivian (RIVN) dips as Ford (F) cuts stake in the EV maker to about 1%

New York Tesla (TSLA) employees announce campaign to form union

Tesla (NASDAQ; TSLA) employees in upstate New York announced in a letter to management early Tuesday that the group plans to launch a campaign to form a union. The union, if formed, would be a first for Tesla, which up until now has managed to avoid unionization at its U.S. facilities unlike other major... More

Ford (F) halts F-150 Lightning production due to potential battery issue

Shares of Ford (F) are down 1.34% in mid-day trading on Tuesday after the American automaker announced a pause to production and shipments of its electric F-150 Lightning pickup due to what the company is calling a potential battery issue.

Ford spokeswoman Emma Bergg declined to disclose details of... More

Ford (F) announces $3.5B investment to build New LFP Battery Plant in Michigan

Ford Motor Company (NYSE: F) announced today that the American automaker is investing $3.5 billion to build the countrys first automaker-backed LFP battery plant in Michigan, offering customers a second battery technology within Fords EV lineup.

The BlueOval Battery Park Michigan plant, as its being called, will initially employ 2,500 people when production of LFP batteries begins in 2026. Ford also has the option to further grow its battery capacity at its Marshall, Michigan, plant, which will be part of a wholly owned Ford subsidiary.

We are committed to... More

'I think it's time for Tesla to grow up' - Ross Gerber plans activist run for board seat

Ross Gerber, a vocal Tesla (NASDAQ: TSLA) supporter and shareholder, confirmed Friday during an audio conference with Bloomberg that the Gerber Kawasaki investment firm CEO will pursue a seat on the electric vehicle companys board of directors.

Tesla needs to build... More

Tesla (TSLA) must unlock EV chargers or leave billions on the table

An exclusive story by Reuters reports today, citing administration officials, that the Department of Transportation is expected to finalize a requirement next week that will pressure Tesla (NASDA: TSLA) to expand beyond its proprietary charging equipment in the U.S. and add the charger used by its competitors.

Tesla CEO, Elon Musk has previously talked about the possibility of opening the companys Supercharging network to competitors, but has yet to do so in the United States. However, if the requirements are finalized and Tesla still refuses, the auto maker will be left... More

Tesla (TSLA) 30-day option implied volatility at 72 as shares trade $200

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 72; compared to its 52-week range of 49 to 96.

Tesla (TSLA) Declines Over 5%

Tesla (NASDAQ: TSLA) Declines Over 5%

Active options: TSLA GOOGL NVDA LYFT AAPL GOOG PYPL META

Active options: TSLA GOOGL NVDA LYFT AAPL GOOG PYPL META

Ford cuts Rivian stake to about 1%

(Reuters) -Ford Motor Co has cut its stake in Rivian Automotive Inc to 1.15%, as part of a plan to scale down its holdings in the electric-vehicle maker.

Ford, which wrote down the value of its Rivian investment by $7.4 billion in 2022, had said last week that the monetization of... More

Morgan Stanley seeks narrative change at Tesla’s (TSLA) investor day as shares nears valuation

Morgan Stanley reiterated an Overweight rating on Tesla (NASDAQ: TSLA) as the companys stock has nearly doubled since January 3rd, taking the stock to just under their $220 price target. Over the 27 trading days YTD, Tesla has traded an accumulated $ value (VWAP) of $804bn. By comparison, the trailing 27 days leading up to... More

Tesla (TSLA) raises prices in China

Shares of electric vehicle maker Tesla (NASDAQ: TSLA) are down 2.13% in pre-market trading on Friday after the automaker increased the starting price of its Model Y crossovers. According to an update to its online configurator today, the company increased the price of its standard range... More

Tesla (TSLA) PT Raised to $165 at Evercore ISI Ahead of Investor Day

(Updated - February 10, 2023 5:36 AM EST)

Evercore ISI analyst Chris McNally raised the price target on Tesla (NASDAQ: TSLA) to $165.00 (from $140.00) while maintaining a In Line rating.

The analyst comments "Tesla price cuts and the great EV DEMAND question we... More

Tesla (TSLA) option IV into 2023 Investor Day

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 73; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

Active options: TSLA GOOGL GOOG NVDA AAPL AMZN DIS META BBBY F AFRM AMC

Active options: TSLA GOOGL GOOG NVDA AAPL AMZN DIS META BBBY F AFRM AMC

Tesla hikes price of Model Y rear wheel drive version in China

BEIJING (Reuters) - Tesla Inc has increased the price of its Model Y rear wheel drive version to 261,900 yuan ($38,577.11) in China from 259,900 yuan previously, the company said on Friday.

($1 = 6.7890 Chinese yuan)

(Reporting by Beijing newsroom; Editing by Himani Sarkar)

Today's most important downgrades

RBC Capital downgraded Affirm Holdings Inc. (NASDAQ: AFRM) to Sector Perform from Outperform with a price target of $17.00 after the company announced a 19% job cut, reported Q2 results that missed the consensus expectations and provided a gloomier-than-expected outlook.

The firm believes the combination of higher funding costs, latency effects of pricing actions, and expected deceleration into H2/23 GMV and revenues points to a more challenging... More

Tesla (TSLA) PT Raised to $250 at CFRA, Downgraded to Buy

(Updated - February 9, 2023 12:58 PM EST)

CFRA analyst Garrett Nelson raised the price target on Tesla (NASDAQ: TSLA) to $250.00 (from $210.00) while downgrading to a Buy rating (from Strong Buy)

DoD said Elon Musk's Neuralink is being investigated - Reuters

DoD said Elon Musk's Neuralink is being investigated over potentially illegal movement hazardous pathogens - Reuters

Tesla (NASDAQ: TSLA) on watch.

Time to 'fade' Tesla (TSLA) after huge move - BTIG

BTIG's technical analyst Jonathan Krinsky said it is "time to fade" Tesla's (NASDAQ: TSLA) stock after the huge move higher on positive sentiment related to the recent price cuts.

Krinsky highlights that the stock is on its 8th consecutive up... More

BTIG Says Now is Time to Fade Tesla (TSLA) Rally, 'Even if you are bullish on the name, these levels appear overextended'

BTIG Says Now is Time to Fade Tesla (NASDAQ: TSLA) Rally.

CMT Jonathan Krinsky comments "Tesla (TSLA, Not Rated) is working on its 8th consecutive up day. It has more than doubled off its January 6th low. The 24-day rate-of-change (87%) is the... More

Lucid Group (LCID) enters Tesla-led price war with $7,500 EV credit offer

Lucid Group (NASDAQ: LCID) announced Thursday that the American EV company will be offering a new $7,500 credit for customers buying select variants of the Air luxury electric car. The credit unofficially announces the groups entry into what is being called a Tesla-led price war.

The recent... More

Tesla (TSLA) call put ratio 1.8 calls to 1 put with focus on February weekly calls as shares rally 4.9%

Tesla (NASDAQ: TSLA) February weekly call option implied volatility is at 87, February is at 76; compared to its 52-week range of 26 to 49 as shares rally 4.9%. Call put ratio 1.8 calls to 1 put with focus on February weekly calls.

Lucid Group (LCID) responds to competitor price cuts with new EV credit

American electric vehicle maker, Lucid Group, Inc. (NASDAQ: LCID) announced Thursday that, starting today, new customers can receive a $7,500 EV credit when they purchase a new Lucid Air. The limited time offer is available for select configurations of Lucid Air Touring and Air Grand Touring models purchased by March 31, 2023.

"We think... More

Tesla (TSLA) Continues to Surge, Now Up 5.3%

Tesla (NASDAQ: TSLA) Continues to Surge, Now Up 5.3%

Tesla (TSLA) Extends Gain, Up 4%

Tesla (NASDAQ: TSLA) Extends Gain, Up 4%

Active options: TSLA GOOGL GOOG DIS AAPL NVDA AFRM AMZN MSFT

Active options: TSLA GOOGL GOOG DIS AAPL NVDA AFRM AMZN MSFT

Disney, MGM Resorts, Tapestry, Tesla rise premarket; Mattel, Credit Suisse fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, February 9th. Please refresh for updates.

Walt Disney (NYSE: DIS) stock rose 6% after the entertainment giant posted strong first-quarter earnings thanks to the strength of its theme parks division, while also announcing 7,000 job cuts to shore up... More

Increasing competition and share losses have Bernstein doubting Tesla (TSLA)

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as electric vehicle makers report 2022 numbers.

2022 was another year strong year for EV growth. Battery EVs grew ~70% from 3.8M to 6.5M, on top of a strong comp of ~110% in 2021. Amid an overall decline in the auto market, BEVs now account for 8.3% of total light vehicle volumes.

Despite unit growth of 40%, Tesla's BEV share actually declined from 25% in 2021 to 20% in 2022, and down ~800 bps from its peak of 28% in 2020.... More

Tesla (TSLA) option implied volatility into 2023 Investor Day

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 71; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

Tesla's Model Y and Model 3 top-selling vehicles in California in 2022

(Reuters) - Tesla Inc's Model Y and Model 3 electric vehicles were the top-sellers in California last year, outselling Toyota Motor Corp's RAV4 and Camry models, according to an industry body report.

It is the first time a Tesla model topped the annual sales list in California, a major vehicle market... More

Tesla (TSLA) Elon Musk says FSD 11.3 is close to limited release

Tesla (NASDAQ: TSLA) Elon Musk says FSD 11.3 is close to limited release. "Just drove it through SF & LA yesterday. Probably 11.3.2 is able to go wide."

Beep Inc. appoints three new executives in leadership expansion

Autonomous mobility company, Beep, Inc. announced Wednesday that the company has expanded its leadership team with the appointments of three new executives to aid in the scalability of their next generation platform.

Katrina Heineking joins Beep as Executive Vice President, Operations, bringing more than three decades of experience in transit systems in the public and private sectors. Prior to joining Beep, Katrina was responsible for helping create and head... More

Tesla (TSLA) Trades at High, Up 2.4%

Tesla (NASDAQ: TSLA) Trades at High, Up 2.4%

Elon Musk to unveil Tesla's 'Master Plan 3' at first investor day

(Reuters) -Tesla Inc Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker's "Master Plan" when the company holds its first investor day on March 1.

In 2006 and 2016, the billionaire laid out his vision for the electric carmaker, but much of the plans have yet to be achieved.

"Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1," Musk tweeted on Wednesday.

At Tesla's annual shareholder meeting in August, Musk said the third part of... More

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP META LAZR

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP META LAZR