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

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 sold 74,402 China-made EVs in February, up 32% y/y

SHANGHAI (Reuters) - Tesla sold 74,402 China-made electric vehicles (EV) in February, up 31.65% from a year earlier, China Passenger Car Association (CPCA) data showed on Friday.

That was up 12.6% from January, when the U.S. electric car maker delivered 66,051 China-made Model 3 and Model Y electric cars.

Rival BYD with its Dynasty and... More

Tesla (TSLA) PT Raised to $218 at Daiwa Securities

Daiwa Securities analyst Jairam Nathan raised the price target on Tesla (NASDAQ: TSLA) to $218.00 (from $200.00) while maintaining a Outperform (2) rating.... More

KGI Securities Downgrades Tesla (TSLA) to Neutral, 'lack of catalysts ahead of 1Q23 results'

(Updated - March 3, 2023 3:42 AM EST)

KGI Securities analyst Jennifer Liang downgraded Tesla (NASDAQ: TSLA) from Outperform to Neutral with a price target of $196.00.

The analyst comments "We maintain our 12M target price at US$196, but downgrade Tesla from Outperform to... More

Tesla (TSLA) call put ratio 1.3 calls to 1 put after Investor Day

Tesla (NASDAQ: TSLA) March weekly (10) call option implied volatility is at 63, March is at 62; compared to its 52-week range of 49 to 96. Call put ratio 1.3 calls to 1 put.

Active options: TSLA AAPL AMC NVDA AMZN SI CRM AMD META

Active options: TSLA AAPL AMC NVDA AMZN SI CRM AMD META

Tesla (TSLA) weekly option IV at 63

Tesla (NASDAQ: TSLA) March weekly (10) call option implied volatility is at 63, March is at 62; compared to its 52-week range of 49 to 96. Call put ratio 1.3 calls to 1 put.

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

Investing.com U.S. stocks were higher after the close on Thursday, as gains in the Utilities, Technology and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average gained 1.05%, while the S&P 500 index climbed 0.76%, and the NASDAQ Composite index gained 0.73%.

The best performers of the session on the Dow Jones Industrial Average were Salesforce Inc (NYSE: CRM), which rose 11.50% or 19.24 points to trade at 186.59 at the close. Meanwhile, Intel Corporation (NASDAQ: INTC) added 3.43% or 0.87... More

Tesla to get over $330 million in tax abatement from Nevada

(Reuters) - Nevada on Thursday approved more than $330 million in tax abatement for electric vehicle maker Tesla Inc that is set to invest more than $3.6 billion in the state to expand its Gigafactory complex with two new factories.

Tesla said in January that one of the two new... More

Stifel Reiterates Hold Rating on ON Semiconductor (ON), 'onsemi’s LT turnaround efforts have been fairly priced in'

Stifel analyst Tore Svanberg reiterated a Hold rating and $78.00 price target on ON Semiconductor (NASDAQ: ON)

The analyst comments "At its Investor Day, Tesla announced plans for a 75% reduction in silicon carbide component usage for its next powertrain, reportedly without compromising... More

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

Tesla CEO Elon Musk's comments 'bode well' for Nvidia - Citi

Citi analyst Atif Malik told investors in a note on Thursday that Tesla (NASDAQ: TSLA) Chief Executive Elon Musk's comments in a Q&A session at its Investor Day "bode well" for NVIDIA (NASDAQ: NVDA).

The analyst, who has a Buy... 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

U.S. stocks are mixed as Treasury yields spike

By Liz Moyer 

Investing.com -- U.S. stocks were mixed as Treasury yields spiked on the outlook for higher for longer interest rates.

At 10:15 ET, the Dow Jones Industrial Average was up 124 points or 0.4%, while the S&P 500 was down 0.2% and the NASDAQ Composite was down 0.5%.

The 10-year Treasury yield surged above 4% and reached a four-month high as investors bet on the Federal Reserve to keep policy... More

Tesla (TSLA) call put ratio 1.5 calls to 1 put as shares sell off 5.8%

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 82, March is at 65; compared to its 52-week range of 49 to 96 after Investor Day. Call put ratio 1.5 calls to 1 put.

Active options: TSLA CRM AAPL AMZN NVDA MPW AMD META SNOW SI

Active options: TSLA CRM AAPL AMZN NVDA MPW AMD META SNOW SI

Roth/MKM on Wolfspeed (WOLF): 'Tesla comments could weigh on WOLF stock, but there is a good chance claims might not materialize'

Roth/MKM analyst Craig Irwin reiterated a Buy rating and $95.00 price target on Wolfspeed (NYSE: WOLF).

The analyst comments "Tesla comments could weigh on WOLF stock, but there is a good chance claims might not materialize, or the whole industry benefits. The... More

Macy's, Salesforce and Okta rise premarket; Silvergate, Tesla fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, March 2nd. Please refresh for updates.

Macys (NYSE: M) stock rose over 6% after the department store chain reported better-than-expected fourth quarter results and offered upbeat profit guidance.

Salesforce (NYSE:... More

Chipmakers slip after Tesla flags decrease in silicon carbide use

(Updated - March 2, 2023 9:21 AM EST)

By Scott Kanowsky

Investing.com -- Shares in European and U.S. chipmakers slipped on Thursday after electric car manufacturer Tesla (NASDAQ: TSLA) noted during its latest investor day that it is using less silicon carbide wafers.

Switzerland-based STMicroelectronics NV (EPA: STM), a parts supplier to Tesla, dropped by more than 8% in its largest intraday fall since May. Rival Infineon Technologies AG (ETR:IFXGn), as well as semiconductor firm... More

JPMorgan Reiterates Underweight Rating on Tesla (TSLA), 'Expect Negative Reaction'

JPMorgan analyst Ryan Brinkman reiterated an Underweight rating on Tesla (NASDAQ: TSLA).

The analyst comments "Our estimates and fundamental view on Tesla shares are unchanged after the firms investor day yesterday which was heavy on discussion relative to clean energy transition and on the companys approach to designing and developing vehicles generally, but short on specifics or measurable metrics to track its progress. From our conversations with investors heading into the event, it seems clear expectations were higher than Tesla met with regard to certain elements of the product road... More

Tesla (TSLA) shares dip as analysts say investor day was short of details

Investing.com -- Shares in Tesla, Inc. (NASDAQ: TSLA) fell in premarket trade on Thursday after analysts said plans laid out by the electric car maker at its latest investor day lacked... More

Elon Musk's 'Master Plan' for Tesla fails to charge up investors

By Nivedita Balu and Akash Sriram

(Reuters) - Tesla Inc's shares fell about 7% on Thursday, after Chief Executive Elon Musk and team's nearly four-hour presentation failed to impress investors looking out for an announcement on an affordable electric car.

Musk and more than a dozen executives laid out fresh plans to cut assembly costs by half, invest in a new plant in Mexico and discussed the company's innovation in managing its operations at Tesla's investor day on Wednesday.

However, the event, where Musk revealed the EV... More

Tesla (TSLA) falls 5.6% following disappointing Investor Day

Tesla (NASDAQ: TSLA) falls 5.6% following disappointing Investor Day

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

Tesla (TSLA) call ratio 1.4 calls to 1 put into shares trade $192 before the bell

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 107, March is at 70; compared to its 52-week range of 49 to 96. Call put ratio 1.4 calls to 1 put into shares trade $192 before the bell.

Factbox-Tesla investor day gives a rare look at executive bench

By Hyunjoo Jin

SAN FRANCISCO (Reuters) - More than a dozen Tesla executives took the stage at the company's Investor Day on Wednesday, a departure from its previous such events where Elon Musk tended to dominate.

The move, a first for Tesla, appeared to be aimed at showcasing the depth of its executive bench as at a time when investors have worried Musk's distraction with Twitter could hamper growth for the electric vehicle (EV) maker.

"We've obviously got significant bench strength here," Tesla CEO Musk said as he sat flanked by 16 executives.

Heres' a... 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

After-hours movers: Salesforce surges on beat, Silvergate falls on 'going concern' warning

After-Hours Stock Movers:

Funko (NASDAQ: FNKO) 27% LOWER; reported Q4 EPS of ($0.35), $0.26 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $333.04 million versus the consensus estimate of $315.51 million. Lowers guidance.

Silvergate Capital (NYSE: SI) 24% LOWER; delayed 10-K, 'going concern' warning

Salesforce (NYSE:... More

Tesla (TSLA) says Cybertrucks, Optimus, and futures vehicles will be 48V

Tesla (NASDAQ: TSLA) says Cybertrucks, Optimus, and futures vehicles will be 48V

Tesla (TSLA) said next drive unit will use zero rare earths

Tesla (NASDAQ: TSLA) said next drive unit will use zero rare earths

Tesla (TSLA) said next drive unit will be even more scalable

Tesla (NASDAQ: TSLA) said next drive unit will be even more scalable with 75% reduction in silicon carbide. All-in cost down $1,000.

Tesla (TSLA) executive discusses reducing costs by more than 50% by building more efficiently

Tesla (NASDAQ: TSLA) executive discusses reducing costs by more than 50% by building more efficiently.

Tesla (TSLA) executive confirms CyberTruck coming this year

Tesla (NASDAQ: TSLA) executive confirms CyberTruck coming this year

Tesla (TSLA) shows two additional unveiled cars on slide that will sell 300M and 700M vehicles, respectively

Tesla (NASDAQ: TSLA) shows two additional unveiled cars on slide that will sell 300M and 700M vehicles, respectively.

Tesla (TSLA) investor day starts

Tesla (NASDAQ: TSLA) investor day starts.

Tesla (TSLA) call put ratio 1.4 calls to 1 put into 2023 Investor Day

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 111, March is at 70; compared to its 52-week range of 49 to 96 into 2023 Investor Day today. Call put ratio 1.4 calls to 1 put.

S&P 500 slips as 10Y Treasury briefly tops 4% on fresh signs of sticky inflation

By Yasin Ebrahim

Investing.com The S&P 500 slipped Wednesday, struggling to shake off shackles following a slump in February as Treasury yields continued to advance amid signs the disinflation in goods has run out of steam.

The S&P 500 fell 0.57%, the Dow Jones Industrial Average fell 0.17%, or 54 points, and the Nasdaq Composite was down 0.73%.

The February ISM Manufacturing PMI rose to 47.7 from 47.4, but a deeper dive into the data showed fresh signs of price pressures.

The prices paid index of the ISM manufacturing report rose out of... More

Active options: TSLA AMZN NVDA AAPL AMC GOOGL META RIVN

Active options: TSLA AMZN NVDA AAPL AMC GOOGL META RIVN

U.S. NTSB cites speeding in fatal Tesla 2021 Florida crash

By David Shepardson

WASHINGTON (Reuters) -The National Transportation Safety Board said on Wednesday the probable cause of a fatal September 2021 Tesla Model 3 crash in Coral Gables, Florida, was the driver decision to travel at high speed.

The crash occurred on a residential street with a 30-mile-per-hour (48-kph) speed limit and resulted in the deaths of the 20-year-old driver and a 19-year-old passenger.

The NTSB said the vehicle was traveling... More

Tesla (TSLA) March weekly option implied volatility at 110 into 2023 Investor Day

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 110, March is at 69; compared to its 52-week range of 49 to 96 into 2023 Investor Day today. Call put ratio 1.3 calls to 1 put.

Factbox-Tesla CEO Musk to unveil Part 3 of Master Plan at Investor Day

By Akash Sriram and Hyunjoo Jin

(Reuters) - Tesla Inc Chief Executive Elon Musk has promised to unveil the third part of his Master Plan on Wednesday, 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 vehicles: a sports car, a cheaper four-door family car and an even more affordable third model.

The plan was... More

Tesla vows to halve EV production costs, Musk keeps affordable car plan under wraps

By Hyunjoo Jin, Joseph White and Akash Sriram

SAN FRANCISCO (Reuters) -Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle.

Shares fell more than 5% in after hours trade following the company's investor day from its Texas headquarters.

More than a dozen Tesla executives led by Musk discussed everything from a white-paper plan for the globe to embrace sustainable energy to the company's innovation in managing its operations from manufacturing to service.

Midday movers: Novavax, Eli Lilly, Kohl's and more

By Liz Moyer

Investing.com -- Stocks edged lower on Wednesday to start a new month after ending lower for February. Here are the midday movers for March 1.

Tesla (TSLA) down 1.6% into investor day starting at 4PM ET today

Tesla (NASDAQ: TSLA) shares are down 1.6% into investor day starting at 4PM ET today.

Tesla (TSLA) March weekly option IV increases into Investor Day

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 108, March is at 78; compared to its 52-week range of 49 to 96 into 2023 Investor Day. Call put ratio 1.3 calls to 1 put.

Active options: TSLA NVDA AMC NIO AAPL LAZR RIVN BABA META MSFT

Active options: TSLA NVDA AMC NIO AAPL LAZR RIVN BABA META MSFT

Tesla plans gigafactory in first Mexico investment

MEXICO CITY (Reuters) -Tesla will open a gigafactory in Mexico, Chief Executive Elon Musk said on Wednesday, as the electric vehicle behemoth pushes to expand its global output.

Mexico on Tuesday said Tesla had chosen the northern border state of Nuevo Leon for a new factory worth more than $5 billion, calling it the "the biggest electric vehicle plant in the world".

Tesla will ramp up output at all of its gigafactories, Musk said at an Investor Day event Austin, Texas. The company laid out plans to cut assembly costs by half in future generations of cars and... More

Kohl's, Rivian and AMC Entertainment fall premarket; GM and Procter&Gamble rise

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, March 1st. Please refresh for updates.

Kohl's (NYSE: KSS) stock fell 7.3% after the department store chain reported a holiday-quarter loss and forecast full-year profit below expectations as customers tightened their spending.

Lowes (NYSE:... More

Dow futures rise 60 pts; ISM manufacturing PMI, retail sector in focus

By Peter Nurse

Investing.com -- U.S. stocks are seen opening higher Wednesday, rebounding after a losing month ahead of the release of manufacturing activity data as well as more earnings from the retail sector.

At 07:00 ET (12:00 GMT), the Dow futures contract was up 60 points, or 0.2%, S&P 500 futures traded 12 points, or 0.3% higher, and Nasdaq 100 futures climbed 60 points, or 0.5%.

February was a difficult month for stocks, with strong economic data prompting concerns that the Federal Reserve will raise borrowing costs to a higher level than previously... 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 set to confirm new factory in Mexico after striking water deal

Investing.com -- Tesla (NASDAQ: TSLA) is set to confirm on Wednesday that it will build an assembly plant in Mexico, after President Andres Manuel Lopez Obrador appeared to drop some of his objections to the electric carmakers plans.

At a news conference on Tuesday, Lopez Obrador had claimed that the Tesla company is coming, without giving away too much further detail. More information is expected from Teslas Investor Day event later on Wednesday.

The investment is set to be the biggest yet in Mexico to benefit from the Biden Administrations... More

Tesla (TSLA) option implied volatility bid into 2023 Investor Day

Tesla (NASDAQ: TSLA) March weekly call option implied volatility is at 94, March is at 69; compared to its 52-week range of 49 to 96 into 2023 Investor Day today. Call put ratio 1.6 calls to 1 put.

Stocks expected to have increasing option volume:TSLA PLUG PSTG NIO SPCE FSLR DELL KR COST

Stocks expected to have increasing option volume: TSLA PLUG PSTG NIO SPCE FSLR DELL KR COST

Exclusive-Tesla readies revamp of Model Y codenamed 'Juniper' - sources

SHANGHAI/SAN FRANCISCO (Reuters) - Tesla is readying a production revamp of its top-selling Model Y, according to three people with knowledge of the plan.

The changes to the Model Y code-named Project Juniper - involve the exterior and interior of the electric vehicle (EV) with a target of starting production in 2024, according to two of the people, who asked not to be identified because the planning remains private.

A revamp of the Model Y would mean Tesla is on track to offer new versions of its top-selling models over the next two years, addressing pressure in... More