Tesla (TSLA) reportedly using BYD batteries to build Model Y at Giga Berlin

Go back to Tesla (TSLA) reportedly using BYD batteries to build Model Y at Giga Berlin

Tesla (TSLA) to introduce 'end-to-end AI' in FSD v12 says Musk

May 8, 2023 12:16 PM EDT

With the imminent release of Teslas (NASDAQ: TSLA) Full Self-Driving (FSD) v11.4 to employees this week, Musk said the new version will feature so many major improvements and that it should becalled v12. However, The billionaire CEO commented on twitter that the v12 is reserved for when FSD is end-to-end AI, from images in to... More

Tesla (TSLA) to hold groundbreaking ceremony at Texas refinery Monday

May 8, 2023 9:45 AM EDT

Electric vehicle giant, Tesla (NASDAQ: TSLA) will hold a groundbreaking ceremony Monday to celebrate construction of its new $375 million lithium refinery just outside Corpus Christi. The companys billionaire CEO Elon Musk and Texas Gov. Greg Abbott are both expected to speak at the event.

The Tesla lithium refinery in Texas will produce battery-grade lithium. Tesla has noted that it will... More

Chinese state media reports country will speed construction of EV charging facilities

May 5, 2023 12:07 PM EDT

Chinese state media reports Friday, quoting the nation's cabinet, that the country will speed up the construction of charging facilities for new energy vehicles (NEV) such as electric cars, and improve policies for purchasing and using them.

The government is studying policies to promote auto consumption and support... More

Tesla (TSLA) delivered 75,842 China-made vehicles in April, down 14.7% from March

May 5, 2023 8:38 AM EDT

China Passenger Car Association (CPCA) showed on Friday that electric vehicle maker Tesla delivered 75,842 China-made vehicles in April. Deliveries were down 14.7% compared to March, but a huge jump from a year earlier, when the city of Shanghai was in a COVID-19 lockdown. In April last year, the company delivered only 1,512 China-made Model 3 and Model Y cars.

Rival... More

Tesla (TSLA) increases price of new Model S and X in China

May 5, 2023 7:58 AM EDT

According to the companys website Friday, electric automaker, Tesla (NASDAQ: TSLA) raised prices on their Model S and Model X vehicles in China. The move follows hikes to its other vehicles three days prior.

The automaker raised prices by 19,000 Chinese yuan ($2,749)... More

Active options: TSLA AAPL SHOP AMD AMZN NVDA BAC UBER PACW QCOM PARA

May 4, 2023 10:13 AM EDT

Active options: TSLA AAPL SHOP AMD AMZN NVDA BAC UBER PACW QCOM PARA

... More

'We are not setting up a joint venture', VW and Bosch cancel plans for battery cells

May 4, 2023 9:22 AM EDT

Bosch announced Thursday along with German carmaker, Volkswagen that the two companies have cancelled their plans to create a joint venture to equip battery cell factories.

The joint venture, announced at the beginning of 2022, was designed to deliver battery production systems, as well as assisting battery cell manufacturers... More

UAW holds off on endorsing Biden for 2nd term citing EV policies

May 3, 2023 3:22 PM EDT

United Auto Workers (UAW) President Shawn Fain said in a letter to members seen by Reuters Wednesday that the Detroit-based union has yet to endorse President Joe Biden for a second term, citing concerns about electric vehicle policies.

"The federal government is pouring billions into the electric vehicle transition, with no strings attached and no commitment to workers. The EV transition is at serious risk of becoming a race to the bottom. We want to see national leadership have our back on this before we make any commitments," Fain... More

Ford (F) CEO says EV price cuts are 'a worrying trend'

May 3, 2023 3:07 PM EDT

Ford (NYSE: F) CEO, Jim Farley told a Wall Street Journal forum on Wednesday that price cuts in the electric vehicle market "is a worrying trend".

Rival EV automaker Tesla (NASDAQ: TSLA) incited what others are... More

Apple's Steve Wozniak to CNN: buy a Tesla (TSLA) 'if you want a study of AI gone wrong'

May 3, 2023 2:42 PM EDT

Apple (NASDAQ: AAPL) co-founder Steve Wozniak spoke with CNN This Morning Tuesday when he offered some off-hand commentary on Teslas (NASDAQ: TSLA) Autopilot struggles.

When asked if the tech guru ever speaks to Tesla CEO Elon Musk, Wozniak said hed never met Musk but that he admires some of the things Musk has done for the world. However, he said much of those achievements... More

Active options: TSLA AMD NVDA AAPL AMZN UBER AMC FRCB SBUX F

May 3, 2023 12:29 PM EDT

Active options: TSLA AMD NVDA AAPL AMZN UBER AMC FRCB SBUX F

... More

Tesla (TSLA) cuts price, resumes orders of long-range Model 3 in US

May 3, 2023 7:54 AM EDT

Teslas (NASDAQ: TSLA) website, late Tuesday, showed the EV automaker has resumed taking orders for its Model 3 long-range version in the United States following a temporary halt last year due to delivery backlogs.

The long-range version of the Model 3 is currently priced at... More

Tesla resumes U.S. orders for a Model 3 version at lower price, range

May 3, 2023 12:57 AM EDT

(Reuters) -Tesla Inc has resumed taking orders for its Model 3 long-range vehicle in the United States, the company's website showed late on Tuesday, after a temporary halt last year due to delivery backlogs.

The long-range version of the entry-level Model 3 is priced at $47,240 currently, about 18.5% less than the $57,990 it was priced at last August when Tesla halted taking orders in the United States and Canada.

... More

Active options: TSLA AMZN NVDA UBER SOFI AAPL AMD META

May 2, 2023 3:00 PM EDT

Active options: TSLA AMZN NVDA UBER SOFI AAPL AMD META

... More

Ford (F) cuts price of Mach-E after Tesla (TSLA) raises prices in multiple markets

May 2, 2023 11:36 AM EDT

Ford (NYSE: F) announced Tuesday that the American automaker is cutting prices on its Mustang Mach-E electric vehicle and reopening orders after a series of price cuts by rival automaker Tesla Inc (NASDAQ: TSLA).

Ford said it is cutting most Mach-E prices by $3,000 or $4,000 depending on the version. Last month, the federal EV tax credit for the Mach-E fell in half to $3,750 from $7,500 after new... More

Active options: TSLA AMZN UBER NVDA SOFI META MSFT AAPL AMD COIN ACRE

May 2, 2023 9:59 AM EDT

Active options: TSLA AMZN UBER NVDA SOFI META MSFT AAPL AMD COIN ACRE

... More

Piper Sandler cuts price target on Tesla (TSLA) following 10-Q filing

May 2, 2023 8:19 AM EDT

Piper Sandler reiterated an Overweight rating on Tesla (NASDAQ: TSLA) and cut their price target on the stock to $280.00 (From $300.00) to reflect information extracted from the electric automakers 10-Q filing.

Analyst Alexander Potter wrote in a note, Most investors will be unsurprised to learn that... More

Uber, Pfizer, Marriott rise premarket; Tesla, Chegg fall

May 2, 2023 8:06 AM EDT

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

Pfizer (NYSE: PFE) stock rose 0.9% after the pharma giant beat first-quarter profit expectations as strong demand for new products helped offset... More

Tesla (TSLA) raises prices in key markets around the world; not about demand say Citi

May 2, 2023 7:45 AM EDT

American electric vehicle giant, Tesla (NASDAQ: TSLA) announced a price hike Tuesday for all variants of the companys Model 3 and Model Y vehicles in key markets, including the U.S., China, Japan, and Canada after several cuts this year. Citi analyst Jeff Chung believes that the hike is not about recovering demand.

According to our channel checks with dealers, we estimate new order... More

Tesla (TSLA) PT Lowered to $280 at Piper Sandler on higher capex and estimate cuts in 2023-2025

May 2, 2023 7:16 AM EDT

Piper Sandler analyst Alexander Potter lowered the price target on Tesla (NASDAQ: TSLA) to $280.00 (from $300.00) while maintaining a Overweight rating.

"We are adjusting our forecast and reducing our DCF-based price target to $280 (down from $300 previously), to reflect information extracted from the 10-Q.... More

Tesla raises prices in US, China, Japan and Canada

May 2, 2023 12:18 AM EDT

By Akriti Sharma

(Reuters) -Tesla Inc has raised prices in a range of up to $290 in Canada, China, Japan and the United States, its website showed on Monday, after the company slashed prices of its top-selling vehicles since the start of the year.

The hike was the first on its two top-selling models at the same time in multiple markets, although prices across its lineup are much lower than in January, after a round of discounts. Shares rose nearly 2% in early trading.

Last month Chief Executive Elon Musk said the company would prioritize sales growth... More