Magnis signs material supply deal with Tesla (TSLA)

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Bernstein expects low-cost platform details at Tesla’s (TSLA) investor day

February 22, 2023 7:42 AM EST

Bernstein 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

Tesla scales back German battery plans, won over by U.S. incentives

February 21, 2023 1:01 PM EST

By Victoria Waldersee

BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the U.S. in light of Inflation Reduction Act incentives, the company said, making it one of the first firms to declare a strategy shift prompted by the package.

The U.S. electric-vehicle maker is also preparing to produce cell components such as electrodes, some of which will be sent from its site in Gruenheide in the state of Brandenburg, to the United States, Tesla said on Wednesday.

Cars produced at the Brandenburg site would in the "near... More

Tesla (TSLA) China weekly sales numbers 'disappointing yet again' - GLJ Research

February 21, 2023 9:57 AM EST

GLJ Research analyst Gordon Johnson reiterated a Sell rating and $24.33 price target on Tesla (NASDAQ: TSLA), noting that the company's problems in China are getting worse as sales in the country for the week of Feb. 13-Feb. 19 were disappointing yet again.

The... More

Active options: TSLA LAZR AMC META AAPL AMZN NVDA GOOGL MSFT AMD

February 21, 2023 9:49 AM EST

Active options: TSLA LAZR AMC META AAPL AMZN NVDA GOOGL MSFT AMD

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Potential Sigma Lithium takeover would help Tesla secure capacity and boost profits

February 21, 2023 8:42 AM EST

Shares of lithium producer Sigma Lithium Corp (NASDAQ: SGML) rose 21% in pre-open trading Tuesday following reports late Friday from Bloomberg that EV giant Tesla (NASDAQ: TSLA) was considering a bid for the company. Tesla CEO, Elon Musk, is said to be talking with advisors about a potential bid.

Commenting on the possible deal, Wells Fargo analyst Colin Langan said a... More

Tesla (TSLA) Said to Mull Bid for Battery Metal Miner Sigma Lithium (SGML) - Bloomberg (earlier)

February 21, 2023 7:26 AM EST

Tesla (NASDAQ: TSLA) has been weighing a takeover of batter-metals miner Sigma Lithium Corp (NASDAQ: SGML), according to a report late on Friday from Bloomberg, citing people with knowledge of the matter.

Elon Musk has been speaking with advisers about a bid.

... More

Tesla (TSLA) February weekly option implied volatility at 62, March is at 70

February 21, 2023 4:01 AM EST

Tesla (NASDAQ: TSLA) February weekly call option implied volatility is at 62, March is at 70; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

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Active options: TSLA AAPL AMZN NVDA AMC GOOGL META SHOP AMD MARA

February 21, 2023 3:44 AM EST

Active options: TSLA AAPL AMZN NVDA AMC GOOGL META SHOP AMD MARA

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Tesla (TSLA) Trades at High, Up 2%

February 17, 2023 2:34 PM EST

Tesla (NASDAQ: TSLA) Trades at High, Up 2%

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Tesla's Musk to hold call with Mexico president, factory announcement imminent -Ebrard

February 17, 2023 11:53 AM EST

MEXICO CITY (Reuters) -Electric vehicle maker Tesla Inc will soon confirm it has chosen Mexico as a location for a new plant, and CEO Elon Musk is planning to speak with Mexican President Andres Manuel Lopez Obrador, Mexico's top diplomat said on Friday.

"Very soon we will have confirmation that this... More

Tesla (TSLA) February weekly option implied volatility is at 67, March is at 73

February 17, 2023 10:32 AM EST

Tesla (NASDAQ: TSLA) February weekly call option implied volatility is at 67, March is at 73; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

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Tesla (TSLA) FSD recall a 'very big deal' despite Musk's blase attitude - GLJ's Johnson

February 17, 2023 10:30 AM EST

While Tesla (NASDAQ: TSLA) CEO Elon Musk blew off yesterday's NHTSA recall of its Full Self Driving (FSD) system as "anachronistic" and "just flat wrong", because it was just an over-the-air software update, bearish analyst Gordon Johnson of GLJ Research believes this is a "very important development."

Johnson highlights the 2016 "Paint it Black" video that exaggerated the abilities of Tesla's Autopilot at the direction of Mr. Musk.

The analyst highlights comments that Elon Musk sent to employees regarding this demo. According to Bloomberg, he said: "Just want to be absolutely... More

Tesla (TSLA) Outperforms Nasdaq, Up 0.5%

February 17, 2023 9:57 AM EST

Tesla (NASDAQ: TSLA) Outperforms Nasdaq, Up 0.5%

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Active options: TSLA AAPL AMZN NVDA AMC GOOGL META SHOP AMD MARA

February 17, 2023 9:53 AM EST

Active options: TSLA AAPL AMZN NVDA AMC GOOGL META SHOP AMD MARA

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DoorDash, DraftKings, Deere and AutoNation rise premarket; Moderna falls

February 17, 2023 9:21 AM EST

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, February 17th. Please refresh for updates.

DoorDash (NYSE: DASH) stock rose 5.3% after the online food delivery company reported healthy fourth quarter growth, forecast strong future orders and said it would buy back $750 million worth of stock.

DraftKings (NASDAQ:... More

China's CATL offers EV battery discounts in China -sources

February 17, 2023 7:53 AM EST

SHANGHAI (Reuters) - China's CATL, the world's largest battery maker, has offered discounts to some Chinese automakers it supplies, reflecting a downturn in the price of lithium and a bid to win more orders, three people with knowledge of the offers said.

Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers.

CATL, which counts Tesla, Nio and Volkswagen among its largest clients, is offering targeted rebates, said the people, who... More

Chinese Battery Maker CATL Offers Discounts To Some Chinese Automaker Customers - Reuters

February 17, 2023 7:49 AM EST

Chinese Battery Maker CATL Offers Discounts To Some Chinese Automaker Customers - Sources

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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) option IV moving as shares trade above $200

February 17, 2023 4:48 AM EST

Tesla (NASDAQ: TSLA) February call option implied volatility is at 87, March is at 73; compared to its 52-week range of 49 to 96 into 2023 Investor Day on March 1, 2023.

... More