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

Tesla (TSLA) cuts Supercharging prices in Europe

Tesla (NASDAQ: TSLA) has cut Supercharger prices across most markets in Europe, decreasing fees by over ten percent as energy prices are stabilizing downward following the crisis.

In Europe, there have been major swings in electricity rates over the last year due to the war in Ukraine. Tesla had to adjust... More

BYD cuts starting price for Seal EV in bid to extend market lead over Tesla (TSLA)

Chinese automaker BYD Co cut the starting price of its best-selling Seal sedan by 10% on Wednesday as the electric vehicle maker aims to extend its lead in the world's largest auto market.

The new price for the vehicle is now 18% cheaper than the rear-wheel drive Model 3 made by the companys closest competitor, Tesla (NASDAQ: TSLA).

China's EV market is in the midst of a price war started by Tesla earlier this year, with several EV... More

Tesla (TSLA) achieves 5,000-unit weekly production milestone for Model Y

Electric vehicle giant, Tesla (NASDAQ: TSLA) said Tuesday that the automakers Texas facility has reached a 5,000-unit weekly production rate for its Model Y, equating to a roughly 260,000 vehicles annually.

The popularity of Tesla's Model Y has surpassed that of its sibling, the... More

U.S. EV shares slump following news of Lucid (LCID) and Fisker (FSR) poor 1Q results and production cuts

U.S. electric automakers saw a decline in share prices Tuesday morning following cuts to production forecasts by Lucid Group Inc (NASDAQ: LCID) and Fisker Inc (NYSE: FSR), with Lucid sliding 9% in early trading.

Fisker shares were last down 5.3% after the company reported quarterly results. The company reported 1Q EPS of ($0.38), $0.08 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $198 thousand versus the consensus estimate of $6.33 million. The EV maker also announced... More

Barclays predicts April back step as EV penetration reaches 14% in March report card

Barclays released a March EV report card as EV penetration reached 14%, up m/m and y/y, but still below elevated 4Q22. Analyst Dan Levy believes April is poised to be a slight step back in uptake, in-line with typical 1st month-of-quarter patterns. Tesla (NASDAQ: TSLA), however, had an impressive March share, benefiting from price cuts and an increased focus on low cost EVs exported from China.

China once again had the highest EV penetration rate among the major global regions (30% in March), yet was flat m/m.... More

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

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) 30-day option implied volatility

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 45 to 96.

Active options: AMD TSLA AAPL ET NVDA AMC SHOP AMZN BAC

Active options: AMD TSLA AAPL ET NVDA AMC SHOP AMZN BAC

Tesla (TSLA) option implied volatility near low end of range

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 45; compared to its 52-week range of 45 to 96 as shares rally 5.4%.

Active options: AMD TSLA AAPL ET NVDA AMC SHOP AMZN BAC MSFT

Active options: AMD TSLA AAPL ET NVDA AMC SHOP AMZN BAC MSFT

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

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) Extends Gain, Up 4.8%

Tesla (NASDAQ: TSLA) Extends Gain, Up 4.8%

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

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

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

Tesla's April sales of China-made EVs down 14.7% from March - CPCA

BEIJING/SHANGHAI (Reuters) -Tesla Inc delivered 75,842 China-made electric vehicles (EVs) in April, down 14.7% from March, data from the China Passenger Car Association (CPCA) showed on Friday.

The figure was however a huge jump from a year earlier, when the city of Shanghai - where Tesla has a factory - was in COVID-19 lockdown. In April last year, the company delivered only 1,512 China-made Model 3 and Model Y cars in the world's largest auto market.

Tesla raises prices for new Model S, Model X in China

BEIJING (Reuters) - Tesla Inc has raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751), its website showed on Friday.

($1 = 6.9060 Chinese yuan renminbi)

(Reporting by Shanghai newsroom and Liz Lee; Editing by Christian Schmollinger)

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

According to a report by Teslamag.de, citing reliable sources, electric vehicle giant Tesla (NASDAQ: TSLA) has begun building a Model Y variant in Germany using batteries made by the Chinese company, BYD. With these purchases, BYD becomes the fourth battery supplier for Tesla, alongside Panasonic, LG Energy Solutions and CATL.

A Model Y without an additional designation has been in the Tesla configurator for Europe since last August. The new Model Y, like the Giga Texas Model Y All-Wheel-Drive, uses both front... More

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

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

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

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