Tesla to build new plant in Mexico worth over $5 billion, government says

Aehr (AEHR) CEO comments on Tesla's (TSLA) silicon carbide statements

Gayn Erickson, CEO of Aehr Test Systems (NASDAQ: AEHR), spoke today at the Power America conference on Wide Bandgap Semiconductors on Aehrs interpretation of Teslas (NASDAQ: TSLA) statements made at Teslas Investor Day on March 1, 2023.

During Teslas investor day, the electric vehicle maker discussed plans for a next... More

J.P. Morgan underwhelmed at Tesla (TSLA) investor day; reiterates underweight

J.P. Morgan reiterated an Underweight rating and $120.00 price target on Tesla (NASDAQ: TSLA) following the electric vehicle companys most recent investor day presentation.

Tesla and CEO Elon Musk held their investor day Wednesday, where the billionaire revealed his Master Plan Part 3. The plan was centered around creating a sustainable energy economy through electrification. However, the presentation... More

Deutsche Bank Reiterates Buy Rating on Tesla (TSLA), PT $250, 'Lack of next-gen details disappointing but thesis intact'

Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating and $250.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "All in, we observed glimpses of technology and manufacturing improvements from the companys various presentations on ways in which it is looking to achieve 50% reduction in the cost of the next-gen platform. While specific financial details were... More

MP Materials (MP) trade down after Tesla (TSLA) announces EV motor with no rare earth metals

Tesla (NASDAQ: TSLA) and CEO Elon Musk held the companys investor day on Wednesday, where the company announced the Tesla has designed a permanent magnet motor that does not use any rare earth materials at all.

Rare earth metals, such as neodymium, dysprosium,... More

Elon Musk speaks on his 'Master Plan' for a future of sustainable energy at Tesla's (TSLA) investor day

Elon Musk and Tesla (NASDAQ: TSLA) held their 2023 investor day today. Musk opened with a presentation of "Master Plan 3", focused on creating a future with sustainable energy.

According to the presentation, in our current combustion energy-based economy, 80% of global energy comes from fossil fuels. However, only 1/3rd of global energy is converted to use for work or heat.

Elon Musk stated during the presentation that, The thing that is needed at a very... More

Tesla (TSLA) working on revamped Model Y

Reuters reports Wednesday, citing three people familiar with the matter, that electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) is readying a production revamp of its top-selling Model Y.

The changes to the Model Y code-named Project Juniper at Tesla - involve the exterior and interior of the crossover electric vehicle... More

Tesla (TSLA) suffers from aging product line as sales slow in China

Data from China Merchants Bank International showed Tuesday that Teslas (NASDAQ: TSLA) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating a bump from discounted prices in its biggest overseas market is waning.

According to the data, the electric vehicle maker nearly... More

Mexico announces new Tesla (TSLA) plant to be built in Monterrey

Mexican President Andres Manuel Lopez Obrador announced Tuesday morning that the government has reached an agreement with electric vehicle maker, Tesla (NASDAQ: TSLA) over the company's plan to build a new plant in the northern city of Monterrey.

Speaking at a news... More