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

GM’s Mary Barra pushes back against autonomous vehicles doubters

General Motors (NYSE: GM) CEO Mary Barra spoke at a Sanford Bernstein conference Friday where she doubled down on her confidence that the company will experience significant growth opportunities in the autonomous vehicle industry over the next decade.

Barra restated her prediction that Cruise could generate $50 billion a year in annual revenue by... More

Tesla’s (TSLA) price cuts drive online traffic spike

Citi has recently revised their "mindshare" tracker for electric vehicles (EVs), which keeps tabs on web traffic related to EVs. This tracker evaluates the level of engagement on websites associated with the overall EV market, as well as specific brands or companies, with the latter serving as a possible predictor of future EV market share and brand... More

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

Active options: TSLA NVDA AAPL AMZN INTC SOFI PLTR AMD MSFT META

Active options: TSLA NVDA AAPL AMZN INTC SOFI PLTR AMD MSFT META

Elon Musk scheduled to visit Tesla's Shanghai plant on Weds night - sources

SHANGHAI (Reuters) - Elon Musk is scheduled to travel to Tesla's Shanghai factory on Wednesday night to meet with staff there, two sources familiar with the matter said.

The Tesla CEO's private jet landed in the financial hub earlier in the day after flying from Beijing, according to... More

Tesla (TSLA) CEO Elon Musk scheduled to visit Shanghai plant on Wednesday evening - Reuters

Tesla (NASDAQ: TSLA) CEO Elon Musk scheduled to visit Shanghai plant on Wednesday evening - Reuters

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

Tesla (TSLA) option implied volatility as shares close above $200

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 53; compared to its 52-week range of 44 to 96 as shares trade above 200-day moving average.

Active options: TSLA AAPL NVDA AMD MSFT META AMZN

Active options: TSLA AAPL NVDA AMD MSFT META AMZN

Wood: Software stocks next to benefit from AI boom after Nvidia

Investing.com -- Software providers will be the next businesses to benefit from a spike in interest in artificial technology that has spurred on rapid growth in Nvidia (NASDAQ: NVDA) shares, according to ARK Investment Management chief executive and founder Cathie Wood.

Speaking on Bloomberg TV on Wednesday, Wood said her flagship ARK Innovation ETF (NYSE:... More

Volkswagen won't join China discount battle "at any price" - COO

BERLIN (Reuters) -Volkswagen will not participate in a discount battle in China "at any price", Chief Operating Officer Ralf Brandstaetter said in an interview released on Wednesday.

The German carmaker is under growing pressure in its most important market from up-and-coming Chinese manufacturers who are more successful with electric cars than their Western rivals.

Elon Musk greeted with flattery and feasts during China trip

By Martin Quin Pollard

BEIJING (Reuters) -Billionaire Elon Musk was showered with praise during a trip to China this week, with people on social media calling him "a pioneer", "Brother Ma" and "a global idol" while the CEO of Tesla, Twitter, SpaceX and other companies also met in person with three government ministers.

Since landing in Beijing on Tuesday, Musk has met with China's foreign, commerce and industry ministers and has dined with Zeng Yuqun, chairman of top battery supplier CATL.

Little is known of those conversations. The industry ministry only said Musk and its head exchanged... More

Stock market today: Dow ends flat as chips cool rally; Debt-ceiling passage eyed

Investing.com -- The Dow ends lower after giving up gains Tuesday, as the rally in semiconductor stocks cooled and investors mulled over the prospect of Congress passing the debt ceiling bill before the June 5 deadline to avoid a default.

The S&P 500 ended flat, the Dow Jones Industrial Average fell 0.2%, or 50 points lower, and the Nasdaq rose 0.3%.

The debt ceiling bill -- will first have to clear The House of Representatives Rules Committee Tuesday before proceeding to voting in the House on Wednesday and Senate later this week -- will require votes from both... More

Tesla (TSLA) option implied volatility as shares trade above 200-day moving average

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 53; compared to its 52-week range of 44 to 96 as shares trade above 200-day moving average.

S&P 500 turns negative as chip-led rally fades; Debt-ceiling bill in focus

Investing.com -- The S&P 500 gave up gains Tuesday, as investors mulled over the prospect of Congress passing the debt ceiling bill before the June 5 deadline to avoid a default.

The S&P 500 was down 0.3%, the Dow Jones Industrial Average fell 0.6%, or 161 points lower, the Nasdaq fell 0.1%.

The debt ceiling bill -- will first have to clear The House of Representatives Rules Committee Tuesday before proceeding to voting in the House on Wednesday and Senate later this week -- will require votes from both sides of the political aisle to pass into law before... More

China was top market for Tesla Model Y, world's best-selling car in Q1

By Hyunjoo Jin and Akash Sriram

SAN FRANCISCO (Reuters) - China was the biggest market for Tesla's Model Y electric sport utility vehicles, helping it become the world's top selling vehicle in the first quarter of this year, according to data from market research firm JATO shared with Reuters.

Elon Musk on Tuesday visited China for the first time in three years, highlighting the importance of the world's biggest electric market.

Tesla sold 267,171 Model Ys in the first quarter of this year, of which... More

Midday movers: Nvidia, Tesla, SoFi Technologies and more

Investing.com -- Stocks are mixed on Tuesday on hopes about a tentative agreement on the debt ceiling despite objections from some lawmakers. Here are the market movers for May 30.

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

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

The National Highway Traffic Safety Administration (NHTSA) announced on Tuesday the closing of its investigation into 580,000 Tesla (NASDAQ: TSLA) vehicles regarding the inclusion of games in Tesla's "Passenger Play" feature accessible through the front center touchscreen.

Following the start of the investigation in... 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