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Tesla (TSLA) reaches 88,869 Chinese deliveries in March

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) sold 88,869 units of China-made electric vehicles in March, according to data published by the China Passenger Car Association (CPCA) showed on Tuesday. That was up 35.0% from a year ago and 19.4% from February, when the U.S. electric car... More

Morgan Stanley says Tesla (TSLA) 'may require further price cuts' to reach delivery goals

Morgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla Inc. (NASDAQ: TSLA) after the electric automaker reported 1Q delivery and production numbers.

Tesla delivered 423k units in the 1Q, in line with the company gathered consensus with a 4.3% increase over last quarter. 1Q deliveries annualize to just under 1.7mm units while 1Q production... More

CFRA promotes Tesla (TSLA) to Strong Buy ahead of 1Q delivery numbers

CFRA upgraded Tesla (NASDAQ: TSLA) to a Strong Buy rating (From: BUY) and raised the price target on the stock to $275.00 (From $250.00) ahead of the electric vehicle giants 1Q delivery report. Tesla will be reporting its 1Q delivery units number likely this... More

XPeng (XPEV) plans rollout of driver assistance software to all Chinese cities by 2024

Chinese electric vehicle maker, XPeng (NYSE: XPEV) announced Friday that the automaker is upgrading its advanced driver assistance software and plans to make all of its functions available to drivers across China by 2024, as it seeks to gain an edge over U.S. rival Tesla... More

Tesla (TSLA) faces new racial bias claims

A new racial bias lawsuit has been filed against Tesla (NASDAQ: TSLA) by a worker who says he was fired for pushing back against comments by his white supervisor that he claims were racist.

John Goode, who oversaw a Tesla service center near Atlanta, filed a lawsuit in San Francisco federal court on Thursday claiming a regional manager blocked him from... More

Stricter EV tax credit rules to take effect on April 18

The U.S. Treasury unveiled Friday stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emission models but grants buyers another two weeks before the new requirements take effect.

The EV battery sourcing guidance issued Friday triggers new requirements for critical minerals and battery components and takes effect for vehicle purchases starting April 18.

The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs... More