Tesla (TSLA) China to offer time-limit insurance and loan incentives for Model 3

BTC Power joins rivals in adopting Tesla's (TSLA) NACS

In an exclusive story, Reuters reports Tuesday that privately-owned BTC Power will add Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) connection to its electric vehicle chargers starting next year.

The move follows several rival charging companies like ChargePoint (NASDAQ:... More

Elon Musk will speak with PM Modi at U.S. meeting to discuss Tesla’s (TSLA) India investment plans

Reuters reports, citing unnamed sources, that Tesla (NASDAQ: TSLA) CEO Elon Musk will meet directly with Indian Prime Minister Narendra Modi on Tuesday to brief the leader on plans to set up a manufacturing base in the country.

According to the unnamed source, the inaugural high-level meeting to discuss the expansion will occur as part... More

Tesla (TSLA) China saw 14,500 new registrations in third week of June

Industry watchers, analyzing data of first-time vehicle registrations in China, have determined that new registrations of Tesla (NASDAQ: TSLA) vehicles reached 14,500 units for the week ending June 18. Based on these estimations, it appears that Tesla China has successfully sold 40,600 vehicles between June 1 and... More

Rivian (RIVN) a Buy at Canaccord Genuity on management optimism

Canaccord Genuity reiterated a Buy rating and $40.00 price target on Rivian Automotive (NASDAQ: RIVN) following recent statements from CEO, RJ Scaringe and CFO Claire McDonough. They described a material improvement in the broader supply chain environment and said that the companys R1 demand remains healthy and described their backlog as extending into 2024.

Analyst George Gianarikas wrote in a note, Over... More

Hyundai considers adopting Tesla (TSLA) charging standard

Hyundai held its 2023 CEO Investor Day on Tuesday where CEO Jaehoon Chang revealed that the South Korean automaker is considering the adoption of the Tesla (NASDAQ: TSLA) designed North American Charging Standard (NACS) charging connector for their vehicles, but still needs to determine if the switch would be in the customers best interest.

One... More

Bernstein optimistic as China EV sales show resilience

Bernstein released an analysis of the recovering Chinese auto industry following the COVID pandemic which led to extended lockdowns and supply chain interruptions and found that the electric vehicle industry, as a whole, remains resilient.

Analyst Eunice Lee wrote in a note, We are turning more positive on China's auto cycle and hold a cautiously optimistic view of the sector. The slow recovery from the beginning of the... More

Rivian (RIVN) will adopt Tesla's (TSLA) charging standard

Reuters reports in an exclusive story Tuesday that American electric automaker Rivian (NASDAQ: RIVN) said it has agreed to adopt Tesla's (NASDAQ: TSLA) charging standard. Adding momentum to Tesla's bid to set the industry standard.

Tesla struck simular deals in recent weeks with General Motors (NYSE: GM) and Ford (NYSE: F),... More

Hyundai increases annual EV investment to $28B

Hyundai Motor announced Tuesday that the Korean multi-national automaker plans to raise its average annual investment in electrification by nearly two thirds to $28 billion over the next decade to restructure its business in China and boost electric vehicle (EV) sales.

Hyundai CEO Jaehoon Chang told investors that China, the world's largest vehicle market, had been very profitable up until 2016 but it was now the biggest risk as the automaker had lost market share to... More

Citi cuts estimates on EV charging stocks

Citi research updated their estimates on electric vehicle charging stocks Allego (NYSE: ALLG), ChargePoint (NYSE: CHPT) and EVgo (NASDAQ: EVGO) after meeting with management following the companies recent financial results.

Analyst Itay Michaeli wrote in a note, Despite the recent pullback in EV charging stocks, we remain selective with continued preference for Europe exposure (Allego). Though we dont think recent U.S. NACS developments (GM/Ford Tesla) dramatically change the LT fundamental picture for EVgo and ChargePoint, it does introduce NT headline risk while... More

Autonomy is 'main driver' of Tesla (TSLA) value says Musk

Tesla (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

Musk Says Tesla (TSLA) Stock Price High Because of Value of Autonomy

Musk Says Tesla (NASDAQ: TSLA) Stock Price High Because of Value of Autonomy

Active options: TSLA NVDA AAPL AMD NIO MSFT AMZN PLTR

Active options: TSLA NVDA AAPL AMD NIO MSFT AMZN PLTR

EV startups look to extend impressive rally Friday

On Friday, electric vehicle startups such as Nikola (NASADQ: NKLA) and Lordstown Motors (NASDAQ: RIDE) are poised to continue a remarkable rally in share prices, propelling these financially strained companies towards substantial weekly gains.

The impressive winning streak comes without any apparent news or catalyst for the... More

Tesla (TSLA) is no Ford (F), its cost advantage is not as sustainable/long-lasting - Bernstein

Much like Ford (NYSE: F) pioneered the original automobile with its Model T, over 100 years later Tesla (NASDAQ: TSLA) is pioneering the era of electric automobiles, leading some investors to question "whether Tesla today in EVs is akin to the Ford Model T in1908-26."

Speaking on the subject, analyst Toni Sacconaghi, Jr of Bernstein draws five parallels between the two companies:

General Motors (GM) and Ford (F) executives comment on rebound of US consumer demand

Top 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

Active options: TSLA AAPL NVDA AMD MSFT NKLA PLTR NIO AMZN

Active options: TSLA AAPL NVDA AMD MSFT NKLA PLTR NIO AMZN

Tesla (TSLA) to reduce shifts at German plant, says production targets are on track

Tesla (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

Midday movers: Cava Group, Kroger, Lennar and more

Investing.com -- Stocks are rallying after the Federal Reserve paused on its interest rate increases, though left room for more hikes later this year. Here are the market movers for June 15.

Tesla: German plant reducing shifts, production targets on track

By Victoria Waldersee

BERLIN (Reuters) -Tesla will hire fewer temporary workers at its plant outside Berlin than it did in its ramp-up phase and refrain from Saturday shifts, but it is still on track to achieve its production targets, the company said on Thursday.

The comments followed a report by Business Insider... More

U.S. stocks steadying as Fed holds rates, signals hikes ahead

Investing.com -- U.S. stocks were steadying a day after the Federal Reserves latest interest rate move.

At 9:40 ET (13:40 GMT), the Dow Jones Industrial Average was up 72 points or 0.2%, while the S&P 500 was flat and the NASDAQ Composite dipped 0.2%.

Investors are still reacting to the Feds move on Wednesday, when it held rates steady for the first... More

RBC Capital examines Tesla’s (TSLA) FSD future, reiterates Outperform

RBC Capital Markets reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the stock to $305.00 (From $212.00) as the automaker continues to work towards a fully autonomous electric vehicle.

Analyst Tom Narayan wrote in a note, We believe robotaxis (and autonomous vehicles in general) could potentially transform society more than anything else in our... More

Morgan Stanley remains bullish as Tesla (TSLA) prepares to welcome Ford and GM to charging network

Morgan 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

Investing.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

RBC 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

Shares 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

Tesla (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

Tesla (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

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

Minister Barrot says he wants Tesla (TSLA) to build a Gigafactory in France

French 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

Tesla (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

Active options: TSLA SOFI NVDA AMD AAPL PLTR NIO AMZN

Tesla (TSLA) aims to extend record win streak to 14 consecutive sessions

Shares 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

Stellantis (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

Investing.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

Investing.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

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 56; compared to its 52-week range of 44 to 96 as shares trend higher.