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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Bernstein expects low-cost platform details at Tesla’s (TSLA) investor day
February 22, 2023 7:42 AM ESTBernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) ahead of the electric vehicle makers investor day on March 1st. Analyst, Toni Sacconaghi believes that the most important issue for Tesla going into this event is the status of its next-gen, lower cost vehicle platform. Bernstein has no expectation for a product announcement, but incremental detail on pricing, offering and especially timing is most important.
During its Q4 2022 earnings call, Tesla hinted that details of a new model could be revealed at its analyst day. However, a new... More
Magnis signs material supply deal with Tesla (TSLA)
February 21, 2023 1:42 PM ESTAustralian Lithium battery company, Magnis Energy announced on Tuesday that they have signed a binding offtake deal with Tesla Inc (NASDAQ: TSLA) to supply battery anode materials. The deal will last for a minimum of three-years beginning February 2025.
The deal comes while... More
