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Tesla (TSLA) to launch Powerwall 3
April 12, 2023 2:49 PM EDTAn exclusive report by Fred Lambert of Electrek.co reports that Tesla (NASDAQ: TSLA) is preparing to launch its third-generation home battery pack named Powerwall 3.
Tesla launched its first-generation Powerwall back in 2015 and it almost... More
Zeekr launches compact electric SUV, targets European market
April 12, 2023 1:34 PM EDTChinese electric vehicle maker Zeekr announced Wednesday that the automaker launched a compact, all-electric sport utility vehicle, as it targets a premium market in China that has been dominated by German automakers. The company also announced plans to offer the SUV-styled Zeekr X and its Zeekr 001 EV sedan in Western Europe, but would not disclose when that would be.
With a starting price of 189,800 yuan ($27,615.31) in China, the Zeekr X offers... More
Tesla (TSLA) plans to cut prices in Hong Kong by up to 14.7%
April 12, 2023 8:26 AM EDTElectric vehicle maker, Tesla (NASDAQ: (TSLA) announced that it will adjust the prices of its Model 3 and Model Y vehicles in Hong Kong by up to 14%. The price adjustments will take place on April 15th.
The biggest price reduction in this price adjustment is Model 3 Performance. The "one-for-one"... More
House committee chair Gallagher 'concerned' by Tesla (TSLA) dealings with China
April 11, 2023 11:23 AM EDTMike Gallagher, a Republican representative from Wisconsin and chair of the U.S. committee on China voiced his concerns Monday evening about electric carmaker Tesla Inc's (TSLA.O) dependency on China.
The Chairperson said he would like to know how Tesla's CEO Elon Musk balances U.S. government support for Tesla and its operations in China. The statements came one day after the CEO announced in a tweet that Tesla plans to open a Megapack battery factory in Shanghai.
"I'm concerned about this,"... More
Canaccord remains bullish as Tesla (TSLA) continues price cuts and EPA proposes stricter regulations
April 11, 2023 8:26 AM EDTCanaccord Genuity reiterated a Buy rating and $275.00 price target on Tesla (NASDAQ: TSLA) following the electric vehicle makers latest price cuts.
Analyst George Gianarikas wrote in a note, On Thursday, reports indicated that Tesla has again cut prices across all models sold in the U.S. The company has now cut prices 5 times since the... More
Tesla (TSLA) remains 'best pick' at Baird following price cuts
April 11, 2023 7:58 AM EDTBaird reiterated an Outperform rating and $252.00 price target on Tesla (NASDAQ: TSLA), while continuing the company as their best pick, after the electric vehicle maker announced another round of price cuts with reductions of $1K for the Model 3, $2K for the Y, and $5K for the S/X.
Analyst Ben Kallo wrote in a note, US price cuts continue to make headlines with TSLA margins and macro uncertainty in focus. Despite this second round of... More



