Musk unveils new AI start-up in bid to rival ChatGPT

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Tesla (TSLA) files lawsuit against Cap-XX over EV battery technology

July 17, 2023 2:55 PM EDT

Tesla (NASDAQ: TSLA) filed a lawsuit against Cap-XX, an Australian company, in a federal court in Texas Friday. According to Tesla, Cap-XX's supercapacitors, which are utilized to store energy in electric-vehicle batteries, violate two U.S. patents owned by a Tesla... More

Tesla (TSLA) directors to pay $735M in overcompensation lawsuit

July 17, 2023 2:35 PM EDT

According to a recent filing in a Delaware court on Monday, Tesla (NASDAQ: TSLA) directors, including Oracle co-founder Larry Ellison, have agreed to return $735 million to the company in a settlement that aims to resolve allegations that they significantly overcompensated themselves, making it one of the most substantial shareholder settlements of its... More

Tesla (TSLA) estimates raised at Wells Fargo ahead of 2Q release

July 17, 2023 8:04 AM EDT

Wells Fargo reiterated an Equal Weight rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the stock to $256.00 (From $170.00) ahead of the electric vehicle makers 2Q earnings release and webcast.

Tesla is scheduled to report 2Q results on Wednesday, July 19th. According to Wells Fargo anticipates... More

Tesla (TSLA) begins sale of Model Y in South Korea

July 14, 2023 8:18 AM EDT

Tesla (NASDSAQ: TSLA) opened sales for their Model Y rear wheel drive electric vehicle in South Korea Friday. A move that is expected to further accelerate the adoption of electric vehicles in the country.

As per the company's website, the listed price for the Model... More

Tesla (TSLA) Model Y registrations surging in U.S. says Kelly Blue Book

July 13, 2023 2:38 PM EDT

Kelly Blue Book, one of the most trusted automotive valuation and research companies, released the results of a study Wednesday showing that registrations for the Model Y, Teslas (NASDAQ: TSLA) least expensive SUV, grew by 103% between January and May. The Model Y currently starts at... More

Microsoft (MSFT) 'will improve on dominant enterprise IT position' - Oppenheimer

July 13, 2023 9:18 AM EDT

Oppenheimer analyst Timothy Horan raised the price target for Microsoft (NASDAQ: MSFT) to $410 from $330 per share, maintaining an Outperform rating on the stock in a note Thursday.

Horan upped the MSFT price target after a deep dive into the company's enterprise and cloud... More

Tesla (TSLA) in talks to build factory in India

July 13, 2023 8:35 AM EDT

According to reports buy the Times of India, Thursday, Tesla (NASDAQ: TSLA) is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles.

According to the report, the vehicles will have a starting price of 2 million rupees... More