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Stellantis (STLA) launches new EV charging service, aims to relieve 'charging anxiety'

June 27, 2023 10:30 AM EDT

Franco-American automaker and Jeep parent company, Stellantis (NYSE: STLA) launched 'Charging & Energy' business unit Free2move Charge on Tuesday, with the aim to make it easier to keep electric vehicles on the road and cash in on an expanding range of services around greener... More

Washington State plans to mandate Tesla's (TSLA) NACS

June 27, 2023 9:40 AM EDT

Washington State officials revealed Thursday that the state plans to follow Texas lead requiring electric vehicle charging companies to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACD) plug, commonly referred to as the Tesla Standard, to their charging stations if they plan to be a part of a state program to electrify highways using federal dollars.

General Motors (NYSE:... More

Tesla (TSLA) autopilot crashes into stopped semi-truck

June 27, 2023 9:08 AM EDT

According to the police, an incident occurred on Friday night in Pennsylvania where a Tesla (NASDAQ: TSLA) vehicle, utilizing its Full Self-Driving (FSD) autopilot software, collided with a stationary truck on a highway, further intensifying the examination of the automaker's driver assistance system.

On Monday, the Pennsylvania State Police revealed that the... More

Tesla (TSLA) remains Underperform at Bernstein, sees near term impact of NACS adoption as limited

June 27, 2023 8:55 AM EDT

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla Inc. (NASDAQ: TSLA) after rival automakers Ford (NYSE: F), General Motors (NYSE: GM) and Rivian (NASDAQ: RIVN) decided to adopt the companys North American Charging Standard (NACS) connectors. Other third-party networks such as EVgo (NASDAQ: EVGO) and Blink... More

Tesla (TSLA) remains top pick at Baird ahead of 2Q delivery and results

June 27, 2023 8:15 AM EDT

Baird reiterated an Outperform rating and $252.00 price target on Tesla (NASDAQ: TSLA) ahead of the electric automakers 2Q delivery and earnings results. Baird continues to consider the company a Best Pick for the year.

Analyst Ben Kallo wrote in a note, We consider TSLA a core holding... More

Tesla (TSLA) recalls Model 3 and Model Y for battery issue

June 26, 2023 1:19 PM EDT

Over the weekend, Tesla (NASDAQ: TSLA) announced a recall affecting 26 of its 2023 Model 3 and Model Y vehicles due to a potential defect in the pyrotechnic battery disconnect. According to the safety report from the National Highway Traffic Safety Administration (NHTSA), the faulty battery disconnect may fail to isolate the high voltage battery of the vehicle following a crash or fault... More

Deutsche Bank raises estimates ahead of Tesla’s (TSLA) 2Q delivery report

June 26, 2023 8:14 AM EDT

Deutsche Bank reiterated a Buy rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the stock to $230.00 (From $200.00) ahead of the companys 2Q23 deliveries and earnings report.

Tesla is scheduled to report its delivery and production numbers for the second quarter of 2023 during the upcoming weekend. Deutsche Bank revised their estimates for the second quarter's deliveries to 448,000 units, indicating a 76% year-on-year increase and a... More

Tesla (TSLA) PT Raised to $230 at Deutsche Bank

June 26, 2023 6:06 AM EDT

Deutsche Bank analyst Emmanuel Rosner raised the price target on Tesla (NASDAQ: TSLA) to $230.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "We continue to view Tesla as an EV leader in the autos sector and more recently this has especially manifested in the EV charging space as OEMs onboard the companys... More