U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.05%

TD Cowen Defending Boeing (BA): '"New" Software Issue Article Looks Misleading'

TD Cowen analyst Cai von Rumohr reiterated an Outperform rating and $230.00 price target on Boeing (NYSE: BA)

The analyst comments "Today's Leeham News article looks misleading in that the software issue it describes as "new" has been known for over a year and... More

Wolfe on DexCom (DXCM) as Shares Slide over 5 pct: 'we think risk of an exodus of current DXCM users for Libre is extremely low'

Wolfe on DexCom (NASDAQ: DXCM) as Shares Slide over 5 pct: 'we think risk of an exodus of current DXCM users for Libre is extremely low'.

Analyst Mike Polark comments "This morning, ABT announced that the FDA cleared Libre 2 and 3 for automated insulin delivery (AID): Modified versions of the sensor were cleared. What was changed? We asked the company. Reply? Modest adjustment to how the sensor... More

Tesla (TSLA) recalls 3,470 Model Y EVs

The National Highway Traffic Safety Administration (NHTSA) reported over the weekend that electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) has issued a recall notice for 3,470 Model Y vehicles in the U.S. built between 2022-2023.

According to the NHTSA report, bolts in the second-row seats may be loose.... More

Tesla (TSLA) cuts Model S and Model X prices in U.S.

According to Teslas (NASDAQ: TSLA) website over the weekend, the electric vehicle company decided to cut prices on its two most expensive electric vehicles in the United States. The cuts come just days after Chief Executive Elon Musk said recent price cuts on other models had stoked demand.

These most recent price cuts... More

Jefferies raises price target on Tesla (TSLA)

Jefferies reiterated a Buy rating on Tesla (NASDAQ: TSLA) and raised the price target on the stock to $230.00 (From: $180.00) following the electric vehicle makers 2023 investor day.

After a harrowing H2, the Austin investor day demonstrated Tesla remains very much a "Day 1" company. Analyst Philippe Houchois wrote in a note.... More

Morgan Stanley questions how competition can keep up with Tesla (TSLA); Reiterates Outperform

Morgan Stanley reiterated an Outperform rating and $220.00 price target on Tesla (NASDAQ: TSLA) following the electric vehicle makers 2023 investor day.

The company revealed their master plan 3 with vertical integration and new technologies to support CEO Elon Musks dream of creating a sustainable energy economy. However, vertical integration efforts only pay off if you manufacture at an extraordinarily high scale (1mn-2mn units per model, >1mm units per factory).

Analyst, Adam Jonas wrote in a note, The word 'petawatt'... More

Tesla (TSLA) sold 74,402 China-made EVs in February

According to China Passenger Car Association (CPCA) data released on Friday, electric vehicle maker, Tesla (NASDAQ: TSLA) sold 74,402 China-made electric vehicles (EV) in February, up 31.65% from a year earlier and 12.6% QoQ.

Tesla had planned to run its Shanghai plant at an average weekly output rate... More