Tesla (TSLA) employees shared sensitive images recorded by customer vehicles: 'It was a breach of privacy'

Chinese vehicle sales fall flat in March as price war continues

The China Passenger Car Association (CPCA) released data Monday showing growth in vehicle sales was flat in March compared to a year earlier. According to the CPCA, car sales in March were 1.61 million units. In the first three months, sales had fallen 13.4% to 4.33 million units.

Sales of new energy vehicles (NEVs), which include pure battery electric cars and plug-in hybrids, rose 21.9% in March and accounted... More

Tesla (TSLA) prepares for 2023 Cyber Roundup shareholder meeting on May 16

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) will hold its 2023 Annual Shareholder Meeting (also known as the 2023 Cyber Roundup) on Tuesday, May 16 at 4 PM CT at its Gigafactory in Texas.

This years annual meeting features the potential return of the companys former Chief Technology Officer JB Straubel. The former CTO has been nominated to become a member of Teslas Board of Directors. Straubel is considered one of the companys co-founders and has been... More

BYD launches new chassis suspension system in effort to move upmarket

Chinese automaker, BYD on Monday announced the launch of their new chassis suspension system as the electric vehicle maker ramps up efforts to move upmarket with premium products.

The BYD DiSus Intelligent Body Control System is similar to the chassis suspension systems available in premium and luxury... More

Tesla (TSLA) facing class action lawsuit over alleged privacy violations

San Francisco resident and Tesla (NASDAQ: TSLA) owner, Henry Yeh on Friday filed a lawsuit against the electric carmaker in a prospective class action case accusing the company of violating the privacy of customers.

The lawsuit in the U.S. District Court for the Northern District of California followed reports on Thursday that groups of Tesla employees privately shared via an internal messaging system sometimes highly invasive videos and images... More

Morgan Stanley views Tesla’s (TSLA) move for a new factory in Mexico as 'critical' to diversify supply chain; Reiterates outperform

Morgan Stanley reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA) after spending a week in Mexico meeting with corporates and policy makers. According to analyst Adam Jonas, Tesla's newest destination, Nuevo Leon Mexico, is critical to the company's continuing efforts to... More

U.S. EPA to propose new vehicle emission cuts, expects big EV push

According to a Reuters report Thursday, the U.S. Environmental Protection Agency is set as early as next week to propose new rules to spur sweeping cuts in vehicle emissions. The new rules are expected to cover the 2027 through 2032 model years and will push automakers to dramatically expand electric... More

Active options: TSLA AMC NVDA AMZN AAPL AMD MU GOOGL AI GOOG

Active options: TSLA AMC NVDA AMZN AAPL AMD MU GOOGL AI GOOG

Tesla (TSLA) option implied volatility flat as shares near a two-week low

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 64; compared to its 52-week range of 49 to 96 as shares near a two-week low.

Active options: TSLA AAPL NVDA AMC AMZN AMD AI GOOGL BABA

Active options: TSLA AAPL NVDA AMC AMZN AMD AI GOOGL BABA

Chrysler parent Stellantis (STLA) unveils new Ram EV pickup truck

American automaker, and parent company of Chrysler, Stellantis (NYSE: STLA) unveiled its new electric Ram pickup truck on Wednesday. The truck is poised to debut on the market late in 2024 as a key part of the automaker's strategy to electrify its vehicle lineup.

The... More

Tesla (TSLA) 30-day option implied volatility flat at 64

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 64; compared to its 52-week range of 49 to 96.

Active options: TSLA NVDA AAPL AMD AMZN GOOGL AMC GOOG PLTR

Active options: TSLA NVDA AAPL AMD AMZN GOOGL AMC GOOG PLTR

UK EV sales reach record highs in best month ever

The Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More

Stellantis (STLA) and BMW in talks with Panasonic to build battery plants

The Wall Street Journal reports Tuesday, citing people familiar with the matter, that Stellantis (NYSE: STLA) and BMW are in talks with Panasonic about teaming up to build electric vehicle battery plants in North America.

Stellantis, the world's third-largest automotive group by... More

Active options: TSLA AMC AAPL AMZN NVDA BAC AI META MSFT GOLD

Active options: TSLA AMC AAPL AMZN NVDA BAC AI META MSFT GOLD

Tesla to warn of data privacy risk from car security cameras in Germany

By Victoria Waldersee

BERLIN (Reuters) - Tesla will warn that its 'sentry mode', which records a car's surroundings, risks infringing data privacy laws in Germany after consumer group vzbv sued the manufacturer for failing to mention this in advertising.

The case is the latest in a series of disputes in countries from China to the Netherlands over the cameras in Tesla cars, which... More

Active options: TSLA AAPL NVDA GOOG SNOW AMZN META AI BABA ZIM GOOG

Active options: TSLA AAPL NVDA GOOG SNOW AMZN META AI BABA ZIM GOOG

Virgin Orbit, AMC Entertainment and Ncino fall premarket; Etsy rises

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, April 4th. Please refresh for updates.

Virgin Orbit (NASDAQ: VORB) stock slumped 24% after Richard Bransons cash-strapped space-launch firm filed for Chapter 11 bankruptcy in a court in the U.S. state of... More

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

Bill Gates says calls to pause AI won't 'solve challenges'

By Jennifer Rigby

LONDON (Reuters) - Calls to pause the development of artificial intelligence will not solve the challenges ahead, Microsoft co-founder Bill Gates told Reuters, his first public comments since an open letter sparked a debate about the future of the technology.

The technologist-turned-philanthropist said it would be better to focus on how best to use the developments in AI, as it was hard to understand how a pause could work globally.

His interview with Reuters comes... More

Morgan Stanley on Tesla (TSLA): More price cuts needed

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA).

"Given the slowing economic environment, increased pressure on financial institutions willingness to lend, and competition (BYD and others), we believe Tesla and its EV competition may... More

Tesla delivers 88,869 China-made EVs in March - CPCA

(Reuters) - Tesla sold 88,869 units of China-made electric vehicles (EV) in March for both domestic sales and exports, up 35.0% from a year ago, data published by the China Passenger Car Association (CPCA) showed on Tuesday.

That was up 19.4% from February, when the U.S. electric car maker delivered 74,402... More

Tesla (TSLA)option implied volatility flat at 62

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 62; compared to its 52-week range of 49 to 96 into the expected release of quarter results on April 19.