Tesla (TSLA) fires dozens in NY following union effort

Go back to Tesla (TSLA) fires dozens in NY following union effort

Goldman Sachs expects sustainable energy to be highlight of Tesla (TSLA) investor day

February 17, 2023 7:26 AM EST

Goldman Sachs reiterated a Buy rating and $200.00 price target on Tesla Inc. (NASDAQ: TSLA) ahead of the electric vehicle makers investor day on March 1st in Austin Texas. Analyst Mark Delaney expects the company to primarily focus on the Energy segment, with CEO Elon Musk planning to present Master Plan 3 and discuss whats needed for the world to transition to sustainable energy. Delaney also expects topics will include Full Self Driving (FSD) and the Optimus robot and financial drivers (including EBIT margins/opex leverage, and capital allocation).

Goldman Sachs... More

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

February 16, 2023 1:08 PM EST

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.

February 16, 2023 9:06 AM EST

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'

February 16, 2023 8:36 AM EST

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

February 16, 2023 8:25 AM EST

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 says it laid off 4% New York employees before union campaign

February 16, 2023 7:57 AM EST

(Reuters) -Tesla Inc said on Wednesday it laid off 4% of the employees in the Autopilot labeling team in Buffalo as part of a performance review cycle conducted every six months.

The automaker responded to a union complaint filed with a government agency alleging that the company laid off dozens of employees from its Autopilot department at its Buffalo plant in New York, a day after workers launched a campaign to form a union.

The company said the impacted employees were identified on Feb. 3, which was before... More

Tesla fires employees in retaliation to union campaign - complaint

February 16, 2023 7:55 AM EST

Tesla fires employees in retaliation to union campaign - complaint - Reuters

... More

Tesla (TSLA) 30-day option implied volatility at 72

February 16, 2023 5:29 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 72; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

... More

Tesla sold out Model Y in U.S. for this quarter - Electrek

February 15, 2023 8:25 PM EST

(Reuters) - Electric vehicle maker Tesla Inc has sold out its Model Y for this quarter in the United States, with no more production builds until April, Electrek reported on Wednesday, citing sources familiar with the matter.

The expected delivery date for the fully electric, mid-sized sports utility... More

Tesla (TSLA) call put ratio 1.6 calls to 1 put as shares rally 1.6%

February 15, 2023 3:43 PM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 72; compared to its 52-week range of 49 to 96 as shares rally 1.6%.

... More

Active options: TSLA AAPL GOOGL PLTR NVDA AMZN META AMC MSFT UPST

February 15, 2023 1:04 PM EST

Active options: TSLA AAPL GOOGL PLTR NVDA AMZN META AMC MSFT UPST

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Factbox-Tesla CEO Musk signals Part 3 of Master Plan is ready

February 15, 2023 11:55 AM EST

(Reuters) - Tesla Inc Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March 1, in which he has set out bold goals for growth of the electric-car maker.

PART I (2006) - THE SECRET TESLA MOTORS MASTER PLAN (JUST BETWEEN YOU AND ME):

BUILD SPORTS CAR AND AFFORDABLE EVs

Before Tesla put out its first production car, Musk set expectations for three: a sports car, a cheaper four-door family car and an even more affordable third model.

The plan was unveiled in 2006 and the first model, the Roadster... More

No, Natixis doesn't have 6% stake in Tesla (TSLA)

February 15, 2023 10:35 AM EST

(Updated - February 15, 2023 12:58 PM EST)

Natixis confirmed to StreetInsider.com that it doesn't have a 189,784,078 share stake in Tesla (NASDAQ: TSLA), but that the stake disclosed in the firm's recent Q4 13F filing with the SEC was posted in... More

Active options: TSLA NVDA AAPL PLTR MSFT GOOGL AMZN AMC GOOG

February 15, 2023 9:48 AM EST

Active options: TSLA NVDA AAPL PLTR MSFT GOOGL AMZN AMC GOOG

... More

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

February 15, 2023 9:25 AM EST

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

Musk says he aims to replace himself as Twitter CEO in late 2023

February 15, 2023 8:31 AM EST

Elon Musk, speaking virtually at the World Government Summit in Dubai on Wednesday, said towards the end of this year is "good timing" to find someone to run the social media platform Twitter.

Musk has previously said he is looking for someone to run the platform he acquired for... More

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

February 15, 2023 8:25 AM EST

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

Airbnb, TripAdvisor, Tesla rise premarket; Barclays, Devon Energy fall

February 15, 2023 8:08 AM EST

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, February 15th. Please refresh for updates.

Airbnb (NASDAQ: ABNB) stock rose 8.4% after the house rental firm reported better-than-expected fourth-quarter numbers, and forecast current-quarter revenue above market estimates on resilient travel demand.

TripAdvisor (NASDAQ: TRIP) stock... More

Tesla to halt some China production for upgrades - Bloomberg News

February 15, 2023 7:22 AM EST

(Reuters) - Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday.

Tesla is developing a revamped version, codenamed "Highland", of the Model 3, which was... More

Barclays starts Tesla (TSLA) at Overweight, prefers General Motors (GM) over Ford (F)

February 15, 2023 6:06 AM EST

Barclays analyst Dan Levy initiated research coverage of the U.S. Autos & Mobility industry with a Neutral view. This stance is based on three key factors: 1) A mixed cycle view; 2) Megatrends positive for industry long term, but not without challenges; and 3) Valuations currently reasonable.

The current set-up is unprecedented, with US vehicle prices at all-time highs and US inventories still at depressed levels. On one hand, recession risks imply challenges... More

Tesla (TSLA) option IV into Tesla will open part of its U.S. charging network to EVs made by rivals, Reuters reports

February 15, 2023 5:41 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 72; compared to its 52-week range of 49 to 96 into Tesla will open part of its U.S. charging network to electric vehicles (EVs) made by rivals, Reuters reports.

... More

Tesla to open U.S. charging network to rivals in $7.5 billion federal program

February 15, 2023 5:02 AM EST

By Hyunjoo Jin and Jarrett Renshaw

SAN FRANCISCO (Reuters) -Tesla Inc will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to expand the use of EVs and cut carbon emissions.

The move could help turn Tesla into the universal "filling station" of the EV era - and risk eroding a competitive edge for vehicles made by the company, which has exclusive access to the biggest network of high-speed Superchargers in the United States.

By late 2024, Tesla would open 3,500 new and existing Superchargers... More

Musk donated around $1.95 billion in Tesla shares last year

February 14, 2023 10:39 PM EST

(Reuters) - Tesla chief executive Elon Musk donated shares worth $1.95 billion in the world's most valuable automaker to charity last year, a filing with the U.S. Securities and Exchange Commission (SEC) showed on Tuesday.

Musk donated about 11.6 million shares between August and December last year, according to... More

Barclays Starts Tesla (TSLA) at Overweight, 'clear lead in both the global EV transition and the emergence of the software defined vehicle'

February 14, 2023 4:21 PM EST

(Updated - February 14, 2023 4:43 PM EST)

Barclays analyst Dan Levy initiates coverage on Tesla (NASDAQ: TSLA) with a Overweight rating and a price target of $275.00.

The analyst comments "Despite the questions which emerged around TSLA amid its solid underperformance through the... More

Tesla (TSLA) February option implied volatility at 78 as shares rally 7.2%

February 14, 2023 3:36 PM EST

Tesla (NASDAQ: TSLA) February call option implied volatility is at 78, March is at 72; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

... More

Tesla (TSLA) Extends Gain, Now Up 7%

February 14, 2023 3:25 PM EST

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

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

February 14, 2023 2:02 PM EST

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

Tesla (TSLA) option implied volatility into 2023 Investor Day

February 14, 2023 10:46 AM EST

Tesla (NASDAQ: TSLA) February call option implied volatility is at 78, March is at 70; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

... More

Tesla (TSLA) Extends Gain, Now Up 4.5%

February 14, 2023 10:02 AM EST

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 4.5%

... More

Active options: TSLA PLTR AAPL NVDA AMZN GOOGL MSFT META CCL AMC

February 14, 2023 9:49 AM EST

Active options: TSLA PLTR AAPL NVDA AMZN GOOGL MSFT META CCL AMC

... More

Tesla (TSLA) Climbs 1.9%

February 14, 2023 9:47 AM EST

Tesla (NASDAQ: TSLA) Climbs 1.9%

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Tesla workers launch campaign to form union in New York

February 14, 2023 7:06 AM EST

(Reuters) -Tesla Inc workers in New York state said on Tuesday they are launching a campaign to form a union, setting the stage for the latest labor challenge for Chief Executive Elon Musk.

In a letter to the electric carmaker's management, the employees announced their plan to unionize with Workers United Upstate New York.

The union, if formed, would be a first for Tesla, which up until now has managed to avoid... More

Tesla (TSLA) could see 'Valentine's Day Massacre' amid weak China deliveries - Johnson

February 14, 2023 6:32 AM EST

Bearish Tesla (NASDAQ: TSLA) analyst Gordon Johnson of GLJ Research sees a potential "Valentines Day Massacre" for the stock following weak China deliveries for the Feb. 6th-to-Feb.12th period, suggesting the recent price cuts in the all-important country are not working.

Johnson highlighted Tesla sold just 6.963K cars in China domestically this... More

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

February 14, 2023 5:20 AM EST

By Daniel Shvartsman

Investing.com -- George Soros's fund Soros Fund Management opened new positions in Horizon Therapeutics (NASDAQ: HZNP) and First Horizon National Corporation (NYSE: FHN), while also nearly doubling its position in Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), and trimming its position in Amazon.com (NASDAQ: AMZN).

Soros Fund Management opened a position worth $325M in Horizon Therapeutics as of the... More

Tesla changes U.S. prices for fourth time in two months

February 14, 2023 4:13 AM EST

(Reuters) - Tesla has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price adjustment by the electric vehicle maker since the start of the year.

Tesla increased the price of its Model Y performance crossover by $1,000 to $58,990, its website showed. It cut the price of the rear-wheel drive Model 3 sedan, its cheapest model, by $500 to $42,990, the website showed.

Both vehicles qualify for $7,500 in federal tax credits.

Tesla rolled out sweeping price cuts in January across its line-up and in all of its major markets.... More