RBC Capital examines Tesla’s (TSLA) FSD future, reiterates Outperform
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Autonomy is 'main driver' of Tesla (TSLA) value says Musk
June 16, 2023 1:48 PM EDTTesla (NASDAQ: TSLA) CEO Elon Musk attended Vivatech 2023 in Paris Friday where he revealed that his company is close to achieving fully autonomous vehicles, adding autonomy was the "main driver" of the brand's market value.
TSLA shares jumped by as much... More
Tesla (TSLA) China to offer time-limit insurance and loan incentives for Model 3
June 16, 2023 11:55 AM EDTTesla (NASDAQ: TSLA) China announced, via its official Sina Weibo account Friday, that the electric automaker is offering a limited-time incentive for the China-made Model 3.
The company announced that from June 16th to 30, customers who purchase and successfully take delivery of the... More
General Motors (GM) and Ford (F) executives comment on rebound of US consumer demand
June 15, 2023 2:39 PM EDTTop executives from General Motors (NYSE: GM) and Ford Motors (NYSE: F) commented Thursday that new vehicle demand from U.S. retail and commercial customers is outpacing expectations.
Their comments highlight an optimistic report released by The U.S. Commerce Department indicating a surprising increase in retail sales for May as a growing number of Consumers are purchasing vehicles and various other goods.
"If the consumer remains at this strength, we could significantly outperform what we said" about full-year performance, General Motors Chief... More
Tesla (TSLA) to reduce shifts at German plant, says production targets are on track
June 15, 2023 2:08 PM EDTTesla (NASDAQ: TSLA) announced Thursday that it plans to hire fewer temporary workers at its plant near Berlin compared to the initial ramp-up phase. Additionally, the company will no longer schedule Saturday shifts. However, Tesla remains confident in its ability to meet the... More
Morgan Stanley remains bullish as Tesla (TSLA) prepares to welcome Ford and GM to charging network
June 15, 2023 8:42 AM EDTMorgan Stanley reiterated an Overweight rating and $200.00 price target on Tesla (NASDAQ: TSLA) as the electric vehicle maker prepares to open charging stations to Ford (NYSE: F) and General Motors (NYSE: GM)... More
Lennar, JD.com, Domino's Pizza rise premarket; Tesla falls
June 15, 2023 8:07 AM EDTInvesting.com -- Stocks in focus in premarket trade on Thursday, June 15th. Please refresh for updates.
Lennar (NYSE: LEN) stock rose 2.2% after the homebuilder raised its full-year forecast... More
Tesla (TSLA) PT Raised to $305 at RBC Capital
June 15, 2023 6:19 AM EDTRBC Capital analyst Tom Narayan raised the price target on Tesla (NASDAQ: TSLA) to $305.00 (from $212.00) while maintaining a Outperform rating.... More
Tesla (TSLA) ends record-breaking rally at 13 consecutive days
June 14, 2023 4:00 PM EDTShares of TSLA ended trading Wednesday down 0.74%, ending Teslas (NASDAQ: TSLA) impressive 13-day winning streak. The 13-day rally saw the company gain an astounding 29.3% in share price. The companys previous streak of 11 days was attained in January 2021 and was matched on Friday.
The rally follows... More
Tesla (TSLA) gains momentum in China as registrations reach 16,400 in second week of June
June 14, 2023 2:41 PM EDTTesla (NASDAQ: TSLA) China appears to be gaining momentum in the largest domestic auto market in the world as industry trackers reveal Tesla insurance registrations have reached an impressive 16,400 units for the week ending June 11th, bringing the companys cumulative total of... More
Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector
June 14, 2023 2:27 PM EDTTesla (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Wednesday that he would welcome Toyota (NYSE: TM) into the coalition of automakers that have already adopted his companys charging connector, known as the North American Charging Standard (NACS).
Over the past several weeks, numerous automakers and charging companies have already committed to adopting the NACS connector.
The moves were started by Ford... More
Active options: TSLA NVDA SOFI AAPL AMD INTC AMZN MSFT PLTR BABA
June 14, 2023 2:11 PM EDTActive options: TSLA NVDA SOFI AAPL AMD INTC AMZN MSFT PLTR BABA
... MoreMinister Barrot says he wants Tesla (TSLA) to build a Gigafactory in France
June 14, 2023 11:25 AM EDTFrench digital minister, Jean-Noel Barrot expressed desires Wednesday for Tesla (NASDAQ: TSLA) to build a gigafactory in his country, as President Emmanuel Macron prepares to meet Tesla CEO Elon Musk for the second time in just over a month.
"It will be... More
Tesla (TSLA) curbs electric Semi production citing supply constraints
June 14, 2023 10:11 AM EDTTesla (NASDAQ: TSLA) CEO Elon Musk revealed Tuesday that the electric vehicle giant production of its Class 8 EV semi-truck would be scaled back, citing concerns about supply chain issues. Musk explained, at an energy conference in Austin, Texas, that due to limitations in battery supply, Tesla's plan to increase production of its electric semi will be postponed until late 2024. The first trucks were delivered in December 2022, five years... More
Active options: TSLA SOFI NVDA AMD AAPL PLTR NIO AMZN
June 14, 2023 9:48 AM EDTActive options: TSLA SOFI NVDA AMD AAPL PLTR NIO AMZN
... MoreTesla (TSLA) aims to extend record win streak to 14 consecutive sessions
June 14, 2023 9:37 AM EDTShares of electric vehicle company Tesla Inc. (NASDAQ: TSLA) continue to rise in pre-market trading Wednesday morning, increasing the possibility of a 14-day win streak for the companys stock price.
Tesla's shares ended Tuesday with a 3.55% increase, setting a new milestone for the company with a remarkable 13th consecutive session of gains. This achievement surpasses... More
Stellantis (STLA) is evaluating Tesla (TSLA) NACS charging connectors
June 14, 2023 9:10 AM EDTStellantis (NYSE: STLA) revealed Tuesday that the Franco-American automaker continues to evaluate Tesla's (NASDAQ: TSLA) charging standard after Ford Motor Co (NYSE: F) and General Motors Co (NYSE:... More
Activision, Alphabet, UnitedHealth fall premarket; Tesla rises
June 14, 2023 8:12 AM EDTInvesting.com -- Stocks in focus in premarket trade on Wednesday, June 14th. Please refresh for updates.
Activision Blizzard (NASDAQ: ATVI) stock fell 1.9% after a U.S. federal judge granted the Federal Trade Commission's request to temporarily block Microsoft's (NASDAQ: MSFT)... More
Tesla's valuation rises by $240 billion amid record winning streak
June 14, 2023 6:54 AM EDTInvesting.com -- Tesla, Inc.(NASDAQ: TSLA) shares are on track to post gains for a record fourteenth straight session, tacking on to a winning streak that has added $240 billion in market value to the... More
Tesla (TSLA) option implied volatility flat as shares trend higher
June 14, 2023 4:45 AM EDTTesla (NASDAQ: TSLA) 30-day option implied volatility is at 56; compared to its 52-week range of 44 to 96 as shares trend higher.
... MoreTesla (TSLA) FSD implicated in 736 crashes since 2019
June 13, 2023 3:37 PM EDTAccording to data released by the National Highway Traffic and Safety Administration (NHTSA), Tesla's Autopilot software has been involved in 17 fatalities and 736 crashes since 2019.
According to the NHTSA, Tesla officially defines Autopilot as a "SAE Level 2 driving automation system intended to assist and support the driver in executing the driving task." It's important to note that Autopilot is not an autonomous driving technology. However, recent statistics indicate that some individuals are mistakenly treating it as such, leading to unfortunate and tragic incidents.
Transportation Secretary Pete Buttigieg recently stated in an interview with the... More
EnviroSpark Announces Integration of Tesla's (TSLA) NACS Connectors
June 13, 2023 3:08 PM EDTEV charging solutions startup, EnviroSpark announced Tuesday that the company will integrate Tesla-designed (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into its nationwide, EnviroSpark-owned charging network.
"We've already installed and maintained thousands of NACS connectors for partners since our founding in 2014, and in light of the... More
U.S. stocks are rising after cooler-than-expected inflation data as Fed meets
June 13, 2023 9:59 AM EDTInvesting.com -- U.S. stocks were rising after cooler-than-expected inflation as the Federal Reserve starts its two-day policy meeting.
At 9:39 ET (13:39 GMT), the Dow Jones Industrial Average is up 184 points or 0.5%, while the S&P 500 is up 0.6% and the NASDAQ Composite is up 0.7%.
Data out this morning showed inflation rising 4% in May from last year, a cooler pace than expected. Without food and fuel, prices rose 5.3% from last year, meeting expectations.
Cooler-than-expected inflation... More
Active options: TSLA AMD AAPL NVDA AMZN ORCL SOFI
June 13, 2023 9:48 AM EDTActive options: TSLA AMD AAPL NVDA AMZN ORCL SOFI
... MoreToyota (TM) soars after detailing plans for a new battery and innovative EV tech
June 13, 2023 8:53 AM EDTShares of Toyota (NYSE: TM) were sent soaring almost 5% after the company revealed Tuesday that the Japanese auto giant will introduce a high-performance, solid-state battery alongside other technologies to improve the driving range and cut costs of future electric vehicles (EVs).
The plan comes a day before an annual shareholder meeting where governance and strategy - including a slow pivot to battery EVs under former CEO Akio Toyoda - will be scrutinized.
The comprehensive technology roadmap unveiled by the Japanese automotive giant encompasses a wide range of initiatives,... More
Time for Tesla (TSLA) Financial Services has come - Morgan Stanley
June 13, 2023 5:42 AM EDT"We think the time for a full-line Tesla finco has arrived." - says analyst Adam Jonas of Morgan Stanley, as he maintains an Overweight rating on Tesla (NASDAQ: TSLA) with $200 Price Target.
In his latest note on the EV giant, the analyst argues that the company has historically sold the majority... More
Tesla (TSLA) option IV ticks up as shares trend higher
June 13, 2023 5:09 AM EDTTesla (NASDAQ: TSLA) 30-day option implied volatility is at 56; compared to its 52-week range of 44 to 96 as shares trend higher.
... More
