Soros buys Horizon Therapeutics, First Horizon, adds to Alphabet, cuts Amazon

Tesla (TSLA) recalls over 362,000 vehicles due to FSD crash risk

The National Highway Traffic and Safety Administration (NHTSA) announced on their website that Tesla (NASDAQ: TSLA) is recalling 362,758 vehicles equipped with Full Self-Driving Beta (FSD Beta) software or pending installation.

The system may allow the vehicle to act unsafe around intersections, including traveling... More

Tesla's (TSLA) Model Y is sold out for the quarter in U.S.

A story by electrek.co late Wednesday reports that electric vehicle giant Tesla (NASDAQ: TSLA) has sold out the Model Y for the quarter in the United States with no more production builds until... More

Berkshire's Charlie Munger says BYD is so far ahead of Tesla (TSLA) 'it's almost ridiculous'

Charlie Munger, vice chairman of Berkshire Hathaway, appeared at the Daily Journals virtual annual meeting Wednesday and spoke about the state of electric vehicles in China. The billionaire investment banker said on the show that Tesla (NASDAQ: TSLA) pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

I have never helped do anything... More

Bernstein does not expect Tesla (TSLA) to have high volume offering before 2025

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as analyst Toni Sacconaghi struggles to see how the EV maker can meet consensus expectations of ~2.4-2.5M units in 2024.

Last week, Sacconaghi took a high-level look at the global and regional EV market and Teslas market share. Historically in the EV market, newer models have typically gained share. 60% of the top 20 best-selling EV models... More

Tesla (TSLA) fires dozens in NY following union effort

According to a new complaint with the US National Labor Relations Board, Tesla (NASDAQ: TSLA) has fired dozens of employees at Gigafactory New York just one day after a new unionization effort was launched.

According to a Bloomberg report, the union in a filing with the US National Labor Relations Board, has accused Tesla of illegally terminating the employees in retaliation for union activity and to discourage union activity. The union has... More

Marko of JPMorgan Sees 2018 Volmageddon Potentially Repeating

Marko of JPMorgan Sees 2018 Volmageddon Potentially Repeating.

Analyst Marko Kolanovic comments "At the end of 2021, we highlighted geopolitical risk as the key risk for 2022. This significantly impacted all asset classes last year (e.g., FX, commodity, China, etc.). For instance, the energy crisis was significantly aggravated by the onset of war in Europe, and last October China stocks bottomed on extreme geopolitical pessimism (we continue to favor commodities, and we highlighted China as a buying opportunity in late October here). However, over the last three months, complacency set in with investors when it comes to geopolitical risks.... More

Tesla (TSLA) to temporarily halt some production to upgrade Shanghai factory

Bloomberg reports Wednesday, citing people familiar with the matter, that Tesla (NASDAQ: TSLA) will temporarily halt some production at the companys Shanghai factory until the end of February. The interruption facilitates the companys plans to upgrade the factory to start rolling... More

White House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program

UPDATE: updated for quote attribution

President Bidens administration announced Wednesday morning that Tesla (NASDAQ: TSLA) would be opening part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways. A move that could push the electric vehicle company towards becoming the universal filling... More

Barclays says Rivian (RIVN) is 'the closest to Tesla' initiates coverage at Overweight

Barclays initiated coverage of Rivian (NASDAQ: RIVN) with an Overweight rating and a $28 Price Target as analyst Dan Levy believes that the electric automaker is positioned to take solid share in the inflecting North American EV market.

Levy wrote in a note, We are hard pressed to see any company in the... More

Ford (F) underweight at Wells Fargo following lightning production halt

Wells Fargo reiterated an Underweight rating and $10.00 price target on Ford (F) after the American automaker announced that the company will halt production and shipments of their F-150 Lightning model trucks due to a battery issue. Analyst, Colin Langan noted that, while no stop-sale has been issued yet, if... More

Tesla (TSLA) Extends Gain, Now Up 7%

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 7%

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

Citi sees 'fading bullish momentum' in equity markets

In a note to clients Tuesday, Citi analyst Chris Montagu said the bullish momentum in equity markets is fading.

Over the past week, the analyst states that there was a limited direction to investor flows, with a mixture of bullish and bearish daily flows "largely netted out in the end."

"Markets split into bullish... More