S&P 500 rises as tech rally keeps stocks on track for strong quarterly gains

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

April 4, 2023 7:58 AM EDT

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

April 4, 2023 7:47 AM EDT

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

Apple (AAPL) iPhone sell-through down just 3% YoY as US growth turned, claims UBS

April 3, 2023 9:10 AM EDT

UBS analyst David Vogt said in a note to clients Monday that they estimate Apple (NASDAQ: AAPL) iPhone sell-through was down just 3% year-over-year as US growth turned and as comps eased.

The analyst, who has a Buy rating and $180 price target on Apple... More