Momentum continues as Nikola (NKLA) gains in pre-market

Tesla (TSLA) sees 10K new China registrations in July’s 2nd week

Industry watchers estimate that Tesla (NASDAQ: TSLA) China saw 10,000 domestic sales during the week ending July 16.

Tesla China does not publicly disclose its weekly sales figures in the country. However, the overall trajectory of the company's domestic sales can be deduced by... More

NHTSA opens new investigation after fatal Tesla (TSLA) accident

The National Highway Traffic Safety Administration (NHTSA) revealed Tuesday that the U.S. regulator has opened a new special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 where the companys Full Self-Driving (FSD) advanced driver assistance system is suspected to have been in... More

Tesla (TSLA) to hold meeting with German citizens to discuss plant expansion

Tesla, Inc. (NASDAQ: TSLA) is scheduled to hold a question-and-answer session on Tuesday for citizens in Germanys state of Brandenburg. The purpose of the session is to address concerns and discuss the potential impact of the company's planned expansion of its electric vehicle (EV) and battery plant. If realized,... More

Morgan Stanley maintains Equal-Weight on Tesla (TSLA) as competitors face 'recalibration'

Morgan Stanley reiterated an Equal-weight rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $250.00 as slowing sales and rising inventory create the possibility for a recalibration of legacy auto EV strategies.

U.S. EV sales appear to have settled near 7.5% of the market share, and penetration of... More

Barclays sees pressure on Enphase (ENPH) and SolarEdge (SEDG) as Tesla (TSLA) gains market share

Barclays reiterated an Equal Weight rating on Enphase Energy (NASDAQ: ENPH) and cut their 12-month price target on the stock to $221.00 (From $226.00), while reiterating an overweight rating on SolarEdge Technologies (NASDAQ: SEDG) with a price target of $359.00 (from $390.00) after California data shows Tesla (NASDAQ: TSLA) taking a larger market share in solar the energy market.

According to recent California datapoints researched by Barclays, Teslas solar and storage market share has seen a... More

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

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

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

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

Nikola (NKLA) shares gain 60% following announced partnerships

Shares of Nikola (NASDAQ: NKLA) gained as much as 60% Thursday after the electric trucking company announced that they have entered into a strategic supply partnership with hydrogen producer BayoTech.

According to the announced deal, BayoTech has agreed to buy up to 50 of Nikolas Class 8 hydrogen fuel cell trucks within the next five years. The initial batch of twelve trucks is scheduled... More

Nikola (NKLA) hopes new law will aid in pursuit to issue new stock

Nikola (NASDAQ: NKLA) revealed Thursday that the electric trucking company has yet again fallen short of winning the amount of shareholder votes needed for the company to issue new stock. The company was forced to adjourned its annual meeting again to try to win more support.

In an effort to gather more support for the proposal, Nikola had rescheduled its annual meeting, originally slated for June 6, to Thursday. Under the current... More

Nikola (NKLA) Trades at High, Up 58%

Nikola (NASDAQ: NKLA) Trades at High, Up 58%

Bosch teams with Nikola (NKLA) in $2.8B hydrogen deal

German engineering company, Bosch revealed Thursday that the company is investing almost 2.5 billion euros ($2.8 billion) in hydrogen fuel cell technology from 2021 to 2026, and has chosen to partner with US electric truck firm Nikola (NASDAQ: NKLA) who will act as the pilot customer of the modules.

According to Bosch, by 2030, approximately 20% of newly manufactured trucks weighing six metric tons or more are expected... More

Nikola (NKLA) and BayoTech Partner to Advance Zero-emission Hydrogen Delivery

Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA... More