U.S. closes investigation into Tesla’s (TSLA) 'Passenger Play' feature

Analysts watch closely as Chinese EVs battle for market share in Europe

As new EV competitors push into Europes mass market segment, how much market share will they be able to take? Analysts are keeping a close eye on the next 24 months for significant indicators of the potential risks that incumbent European automakers may face and the extent to which their market share could be at stake.

The annual sales of new cars in Europe far surpass $100 billion. With the increasing adoption of battery electric vehicles (BEVs) in Europe, the market will witness a steady flow of highly competitive offerings from established companies as well as new... More

Tesla (TSLA) amps up discounts on U.S. Model 3 inventory

In the face of economic uncertainty, increased competition, and the impending redesign of its flagship model, Tesla Inc (NASDAQ: TSLA) has significantly boosted discounts on select already made new Model 3 electric cars. Additional discounts are also being extended to the Model Y and other vehicles in its U.S. inventory, aimed at enticing potential buyers.

In California, Tesla's website reveals that a Model 3 variant available in their inventory is... More

Tesla (TSLA) shipping cars with 50% Charge, offers free supercharging miles

Electric vehicle giant, Tesla (NASDAQ: TSLA) has begun shipping their cars to customers with a 50% charge for safety reasons. As a gesture of goodwill, they're also offering buyers 150 free Supercharging kilometers to make up for any inconvenience caused.

According to Reddit user u/W-001, Tesla gave the following message through email... More

Volkswagen COO says automaker will not join discount battle in China 'at any price'

Volkswagen Chief Operating Officer Ralf Brandstaetter said in an interview released Wednesday that the German automaker would not participate in a discount battle in China "at any price".

"Volkswagen is focusing on a sustainable business model. In concrete terms, this means that we will not participate in the... More

BayWa r.e. collaborates with Tesla (TSLA) to offer Powerwall to growing installation network

International renewable energy supplier, BayWa r.e. announced Tuesday that the German-based company has entered into a First of its kind collaboration with Tesla (NASDAQ: TSLA) to include the electric automakers Powerwall through BayWa r.e. Solar Systems, the company's distribution arm in the... More

Elon Musk says he is open to expanding Tesla (TSLA) in China during surprise Beijing visit

Teslas (NASDAQ: TSLA) billionaire CEO, Elon Musk took an unannounced trip to Beijing on Tuesday, his first trip to the country in over three years, where he is expected to meet with senior Chinese officials and visit Tesla's Shanghai plant.

Just... More

Barclays voices concerns about Tesla's (TSLA) model concentration, remains bullish on the stock

Barclays reiterated an Overweight rating on Tesla (NASDAQ: TSLA) with a 12-monmth price target of $220.00 as analyst Dan Levy believes that the electric vehicle maker is set up well for growth. However, Levy is concerned about the companys model concentration. While Tesla is currently the 16th largest automaker by volume (in 2022), the automaker relies heavily on their bestselling model, the Model Y, which was the largest selling model by volume globally... More

Jet used by Tesla CEO Elon Musk lands in China - Reuters

Investing.com -- A private jet used by Tesla (NASDAQ: TSLA) chief executive Elon Musk has touched down in China, according to an eyewitness cited by Reuters.

Musk is traveling to the country to meet with senior government officials, media reports say, although it was not clear who exactly the billionaire would be speaking with or what topics they would discuss.... More

US agency closes investigation into Tesla game feature

By David Shepardson

WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker's decision to initially allow games to be played on the front center touchscreen.

Shortly after NHTSA opened its investigation into Tesla's "Passenger Play" in December 2021, Tesla agreed to stop allowing video games to be played on vehicle screens while its cars are moving. NHTSA said Tuesday it was not seeking a recall of the vehicles but said its analysis of... More

Wedbush: 'Musk In China at a Key Point for Tesla (TSLA) With Price Wars Underway'

Wedbush analyst Daniel Ives reiterated an Outperform rating and $215.00 price target on Tesla (NASDAQ: TSLA) on news Elon Musk is visiting China for the first time in about three years.

The analyst commented, "As Elon Musk has not been in... More

Tesla (TSLA) gains 3% as Musk visits China for first time in nearly three years

Tesla (NASDAQ: TSLA) shares are up 2.8% in pre-open trading after Elon Musk visited China for the first time in about three years.

Musk is said to be meeting with senior Chinese officials and will visit Tesla's Shanghai plant.

House committee to review debt limit deal, HP to report - what's moving markets

Investing.com -- A House committee is set to examine the debt ceiling deal, with investors hopeful that Congress will sign off on the agreement before a potential U.S. default on June 5. Meanwhile, HP Inc. prepares to report its latest earnings, while Cathie Wood sounds off on a recent surge in Nvidia shares.

1. House committee to take up debt ceiling deal

The newly-forged debt ceiling deal will face one of its first major tests in Congress later today when the House Rules Committee examines the bill.

Some hard-line conservatives on the committee have... More

Barclays Reiterates Overweight Rating on Tesla (TSLA), Sees It Well Positioned for Share Gains

Barclays analyst Dan Levy reiterated an Overweight rating and $220.00 price target on Tesla (NASDAQ: TSLA).

"Key takes: 1. Poised for share gains, but amid demand constraints, model concentration a focus; 2. A car is not an iPhone, further model variants necessary to unlock more... More

Cathie Wood says Nvidia too expensive, Tesla to benefit from AI boom

Investing.com -- Cathie Wood, manager of the ARK Innovation exchange-traded fund (NYSE: ARKK), said on late-Monday that recent stock market darling Nvidia Corporation (NASDAQ: NVDA) was priced ahead of the curve, and that Tesla Inc (NASDAQ: TSLA) was positioned to benefit from recent breakthroughs in artificial intelligence.

In a series of tweets, Wood balked at Nvidias... More

S&P 500 jumps as Washington closes in on debt-ceiling agreement, tech rallies

Investing.com -- The S&P 500 jumped Friday as negotiators in Washington inched closer to a debt-ceiling agreement that is needed to prevent the U.S. from defaulting on its debt payments.

The S&P 500 was up 1.3%, the Dow Jones Industrial Average rose 1%, or 330 points, the Nasdaq added 2%.

Republican and White House negotiators appear closer than ever to a breakthrough in debt-ceiling talks after narrowing on a potential deal that seeks to raise the debt limit and cap federal spending for two years through 2024, according to media reports.

[W]e think the... More

Midday movers: Marvell Technology, Ford Motor, Gap and more

Investing.com -- Stocks are surging on Friday as investor optimism rose about lawmakers reaching an agreement on the debt ceiling in the next few days. Here are the market movers for May 26.

Popular stocks increasing volume: TSLA AMZN NVDA AMD AAPL PLTR

Popular stocks increasing volume: TSLA AMZN NVDA AMD AAPL PLTR

Tesla (TSLA) Climbs 3.2%

Tesla (NASDAQ: TSLA) Climbs 3.2%

Ford, Tesla shares jump over 7% on Superchargers deal

By Shivansh Tiwary and David Shepardson

(Reuters) -Ford Motor Co shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its electric-vehicle owners to access rival Tesla Inc's charging stations in North America.

Tesla's Superchargers could become the standard for EV charging in the United States, Ford CEO Jim Farley told CNBC, but added: "With adapters and software, we really don't have to make a choice right now what the standard is, but I think it's... More

Active options: TSLA AMZN NVDA AMD MRVL AAPL MSFT PLTR COST GOOGL

Active options: TSLA AMZN NVDA AMD MRVL AAPL MSFT PLTR COST GOOGL