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

Tesla (TSLA) in 'early discussions with a major OEM' to license full self-driving software

Electric vehicle giant, Tesla (NASDAQ: TSLA) held their 2Q earnings call on Wednesday where CEO Elon Musk spoke about the direction of the company, and confirmed that the Electric automaker is in early discussions to license its Full Self-Driving software to a major automaker.

Were not... More

Tesla (TSLA) recalls 15K Model S and X EVs for seatbelt issues

Over 15,000 Model S sedans and Model X SUVs from the 2021 through 2023 model years are being recalled by Tesla (NASDAQ: TSLA) due to a potential issue with their front seat belts, which may lead to detachment. This poses a significant safety concern as occupants could be exposed to an increased risk of injury in the event of a crash.

The National Highway Traffic Safety... More

Musk talks price cuts, FSD and robotaxis on Tesla (TSLA) earnings call

Tesla (NASDAQ: TSLA) held its Q2 earnings call after market closed Wednesday. According to the release, the electric vehicle makers profits grew 20% in the quarter to $0.91 per share, coming in ahead of the streets estimate of $0.79. Revenue for the quarter increased 47% to $24.93 billion, versus the consensus estimate of $24.29 billion.

Tesla CEO Elon Musk joined the call to announce the companys record vehicle production and deliveries and record revenue during Q2. These results come after the companys Model Y became the best-selling vehicle of any kind globally in Q1,... More

JPMorgan Stays Underweight on Tesla (TSLA), PT $120, 'lowering our earnings estimates for Tesla shares today and suspect the Street will as well'

JPMorgan analyst Ryan Brinkman reiterated an Underweight rating and $120.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "We are lowering our earnings estimates for Tesla shares todayand suspect the Street will as wellafter the companys fourth straight operating profit miss vs. Bloomberg consensus, brought about again by the continued trading of profits for sales. Automotive adjusted gross margin excluding the sale of regulatory credits remains at the front and center of investor attention after this key performance metric shocked investors last quarter by plummeting -1,100 bps y/y from a then... More

Tesla (TSLA) to expand German EV plant near Berlin, aims for Europe’s largest vehicle factory

Tesla (NASDAQ: TSLA) aims to boost the production capacity of its assembly plant located outside Berlin to an impressive one million electric vehicles annually. This strategic move positions the company to become the largest car plant in Europe, coinciding with a period in which German automakers are facing challenges in keeping up with the transition to electric vehicles.

On Wednesday, thousands of pages of Tesla's expansion plans were made public, and if these plans receive approval from local officials, the production output of the plant will surpass that of Volkswagen's... More

Sales of EVs in India to reach 376k units by 2030, says P&S Intelligence

Market research company, P&S Intelligence released a report Wednesday predicting the sales volume of Electric vehicles in India to be on track to hit 376,000 units by 2030, rising from 37,792 units in 2022 at a 33.3% CAGR.

The rise is mainly attributed to the expanding construction of manufacturing facilities, a boost in foreign direct investment, and a robust effort to enhance the charging infrastructure.

Uttar... More

Nissan to adopt Tesla (TSLA) charging standard in U.S. and Canada

Nissan revealed Wednesday that they have agreed to adopt Teslas (NASDAQ: TSLA) North American Charging Standard (NACS) technology in the U.S. and Canada, joining global peers such as Ford (NYSE: F), General Motors (NYSE:... More

Tesla (TSLA) lays out plans to expand German factory into Europe's largest car plant

One day after Tesla (NASDAQ: TSLA) held a question-and-answer session with local citizens in Germany, the local environment ministry and water authority published application documents submitted by the electric automaker describing a long list of modifications planned for the plant.

The sweeping changes are a key next... More

Tesla needs to prove it's more than just a car company for stock to keep moving higher - Morgan Stanley

Morgan Stanley analyst Adam Jonas has reiterated an Equal Weight rating and a $250 per share price target on Tesla (NASDAQ: TSLA) stock today as the electric vehicle (EV) company prepares to report on its second-quarter performance.

Jonas is relatively cautious on the earnings revision outlook while prepared for the company to tout its AI chops. He recently downgraded this EV stock following a strong year-to-date (YTD) rally... 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) appears to be taking solar share in California - Barclays

Barclays analyst Christine Cho: "We think the value proposition for a TSLA system is more enticing in a solar + storage market (vs. a solar-only
market), and initial datapoints from CA data indicate that TSLA has taken share, primarily in Tiers 1 and 2. It started in April and the momentum has accelerated into May. It appears that SEDG... More

Cathie Wood's ARK writes down Twitter stake, wants to buy more stock but 'no one wants to let any go'

Cathie Woods ARK Investment Management has written down its stake in Elon Musks social media business Twitter by 47%, according to the Wall Street Journal.

The billionaire and Tesla (NASDAQ: TSLA) CEO took Twitter private last year and Wood was one of the backers... More

Morgan Stanley on Tesla (TSLA): We see them eating a larger slice of the EV pie

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $250.00 price target on Tesla (NASDAQ: TSLA).

"Slowing sales and rising inventory may be force a recalibration of legacy auto EV strategies even sooner than we expected. We see Tesla eating a... More

Tesla faces citizen grilling on impact of German plant expansion

By Victoria Waldersee, Nette Noestlinger and Leon Malherbe

GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents' concerns by holding a question-and-answer session on the EV maker's planned expansion that would make its local plant the biggest car factory in the country.

Tesla, which currently produces around 5,000 cars a week, hopes to double the plant's production capacity to 1 million vehicles a year and add 50 gigawatt hours of battery production capacity, though it has not provided a timeline.

Ramping up output at its first European production hub is crucial to Tesla's goal of vanquishing market... More

Tesla (TSLA) July 290 straddle into quarter results and outlook

Tesla (NASDAQ: TSLA) July 290 straddle is priced for a move of 8% into the expected release of quarter results after the bell on July 19.

Stocks expected to have increasing option volume: TSLA JBHT NFLX NVS LMT PLD

Stocks expected to have increasing option volume: TSLA JBHT NFLX NVS LMT PLD

Stock market today: Dow rises as banks, tech shine, but telecoms stifle gains

Investing.com -- The Dow closed higher Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street banks and other major corporations later this week, though broader market gains were kept in check by a stumble in telecoms.

The Dow Jones Industrial Average rose 0.2%, or 76 points, the Nasdaq was up 0.9%, and the S&P 500 rose 0.3%.

Financials... More

SpaceX Forecasts Doubling of Revenue to $8 Billion - TheInformation

SpaceX Forecasts Doubling of Revenue to $8 Billion - The Information

Retail sales, Bank of America earnings, Lockheed Martin: 3 things to watch

Investing.com -- Stocks are rising on Monday ahead of a big week of earnings including Goldman Sachs (NYSE: GS), Tesla (NASDAQ: TSLA), and Netflix (NASDAQ: NFLX).

Investors are studying earnings for clues about business and consumer spending trends. Goldman is expected to be affected by a slump in deal... More

S&P 500 rises as financials, tech shine ahead of further earnings parade this week

Investing.com -- The S&P 500 racked up gains Monday, led by tech and financials as investors looked ahead to more quarterly results from Wall Street banks and other major corporations later this week.

The S&P 500 rose 0.4%, the Dow Jones Industrial Average rose 0.2%, or 79 points, and the Nasdaq was up 0.9%.

Financials rallied more than 1% as investors anticipate further signs of the strength in... 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) July option implied volatility into quarter results

Tesla (NASDAQ: TSLA) July call option implied volatility is at 91, August is at 57; compared to its 52-week range of 44 to 96 into the expected release of quarter results after the bell on July 19.

Active options: TSLA AAPL NVDA AMZN META AMD

Active options: TSLA AAPL NVDA AMZN META AMD

U.S. stocks are climbing ahead of busy earnings week

Investing.com -- U.S. stocks are muted ahead of a heavy week of earnings reports.

At 9:53 ET (13:53 GMT), the Dow Jones Industrial Average was up 18 points or less than 0.1%, while the S&P 500 was up 0.1% and the NASDAQ Composite was up 0.3%.

This week features a number of earnings reports from large companies, including Goldman Sachs (NYSE: GS), Tesla, Inc. (NASDAQ: TSLA), and... More

Argus name Tesla and 3 other stocks to its focus list

In a note to clients on Monday, Argus director of research Jim Kelleher picked out four new stocks for its focus list. The stocks, which are all rated Buy, include electric vehicle giant Tesla, software firm Adobe, retailer Walmart, and pharmaceutical business Merck. Here's why:

Adobe Systems (NASDAQ: ADBE): The firm believes Adobe's proposed $20 billion purchase of collaboration platform Figma fills a critical need for the company, complementing and enhancing Adobe's content creation tools. "In our view, Adobe has... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Big Tech takes the stage

S&P 500 (SPX) hit fresh 15-month highs last week before the bulls managed to secure the first close above the 4500 mark for the first time since March 2022. The index rose 2.4% as Big Tech stocks continue to lead the way higher.

Nasdaq Composite Index (IXIC) surged 3.3% last week to also print 15-month highs amid increasing investor optimism surrounding the generative AI revolution. Dow Jones Industrial Average (DJI) rose 2.3% as it still attempts to break the 34500 near-term resistance.

The U.S. equity markets received another boost last week after Junes CPI report showed inflation rose just 0.2%, less than... More

Argus adds Adobe (ADBE), Merck (MRK), Tesla (TSLA), Walmart (WMT) to its Focus List

Argus analyst Jim Kelleher adds Adobe (NASDAQ: ADBE), Merck (NYSE: MRK), Tesla (NASDAQ: TSLA), Walmart (NASDAQ: WMT) to the Focus List.

"Adobe Inc. (NGS: ADBE): Adobe provides software for creative professionals, consumers and enterprises via three segments: Digital Media; Digital Experience; and Publishing and Advertising. The proposed $20 billion purchase of collaboration platform Figma fills a critical need for Adobe. Figma, which enables work-from-home and hybrid work paradigms, will complement and... More

Activision Blizzard, Tesla and Yelp rise premarket; AT&T, PepsiCo fall

Investing.com -- U.S. futures edged lower Monday after underwhelming Chinese growth data, and ahead of this week's deluge of quarterly earnings.

Here are some of the biggest premarket U.S. stock movers today:

Activision Blizzard (NASDAQ: ATVI) stock rose 4% after Microsoft (NASDAQ: MSFT), up 0.1%, agreed to keep the mega-popular gaming franchise "Call of... 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

U.S. corporate earnings ahead, Chinese GDP underwhelms - what's moving markets

Investing.com -- Investors prepare for a raft of fresh corporate earnings this week that will include some of the largest U.S. banks and major tech industry players. Elsewhere, Chinese quarterly growth figures provide further evidence of the country's sputtering recovery from the pandemic. Plus, Microsoft signs a licensing agreement with PlayStation over the "Call of Duty" gaming franchise that could bring the tech giant's mega-merger with Activision Blizzard one step closer to completion.

1. U.S. stock futures mixed

U.S. stock futures were mixed on Monday as investors looked... More

Tesla (TSLA) PT Raised to $300 at Baird

Baird analyst Ben Kallo raised the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $252.00) while maintaining a Outperform rating.... More

Tesla discounts set to power quarterly revenue growth, hit profit

By Akash Sriram

(Reuters) - Tesla's strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period.

The Elon Musk-led electric-vehicle maker has since late last year launched a price war to stoke demand and quell competition from legacy automakers such as Ford Motor and Chinese rivals including BYD.

Tesla's earnings on Wednesday are expected to show its gross profit margin declined to 18.9% in the second quarter, according to 19 analysts polled by Visible Alpha. That... More

Tesla (TSLA) PT Raised to $265 at Wells Fargo, Analyst Sees Lower Margins

Wells Fargo analyst Colin Langan raised the price target on Tesla (NASDAQ: TSLA) to $265.00 (from $170.00) while maintaining an Equal Weight rating.

"TSLA will report Q2 EPS post-close on July 19th. The company beat Q2 delivery volume consensus. However, we forecast auto gross... More

Nasdaq 100 (NDX) special rebalance is unlikely to solve the concentration problem - Goldman Sachs

Goldman Sachs strategist David Kostin weighed in on the upcoming Nasdaq 100 (NDX) Special Rebalance, aimed at tackling the indexs high level of concentration among seven big tech stocks.

The event will take place on July 24 with the weight of the largest 7 stocks in the index expected to drop by 12% (56% to 44%). Still, Apple (NASDAQ: AAPL) and Microsoft (NASDAQ:... More

Tesla (TSLA) July 280 straddle into quarter results

Tesla (NASDAQ: TSLA) July 280 straddle is priced for a move of 8% into the expected release of quarter results after the bell on July 19.

Tesla (TSLA) stock could fall after upcoming Q2 earnings report says Barclays

Barclays analyst Dan Levy reiterated an Equal Weight rating on Tesla (NASDAQ: TSLA) shares as the electric vehicle (EV) maker prepares to report Q2 earnings.

Levy believes Tesla stock has a tough set-up into the earnings report as momentum has outweighed fundamentals. The analysts price target of $260 per share signals a 6.4%... More

Barclays Reiterates Equalweight Rating on Tesla (TSLA), Sees 'tough set-up' into Q2 EPS report

Barclays analyst Dan Levy reiterated an Equalweight rating and $260.00 price target on Tesla (NASDAQ: TSLA).

"Key takes: 1. Margin trajectory & demand elasticity questions remain core focus into print; 2. 2Q gross margin est. 17.5%, pricing key headwind, 2Q = trough; 3. Tough set-up momentum has outweighed fundamentals.... More

Active options: TSLA AAPL NVDA META AMZN

Active options: TSLA AAPL NVDA META AMZN

This week in tech: Alphabet and Musk get in the AI ring; Coinbase triumphs

By Louis Juricic and Sarina Isaacs

Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of tech this week: AI moves from Alphabet and Elon Musk; a Coinbase surge on a court win; and Salesforce's price hike.

InvestingPro subscribers get tech headlines like these in real time.... More

European stocks fall after underwhelming Chinese growth data; earnings to ramp up

Investing.com - European stock markets retreated Monday after the release of underwhelming Chinese growth data, while the second-quarter earnings season gets underway in earnest.

At 03:30 ET (07:30 GMT), the DAX index in Germany traded 0.2% lower, the FTSE 100 in the U.K. traded down 0.1% and the CAC 40 in France fell 0.7%.

Sentiment in Europe has been hit Monday by the release of data showing that economic growth in China, a major export market for Europes largest companies, slowed substantially through the second quarter.

S&P 500 off highs on Citigroup slip as major Wall Street banks kick off earnings

Investing.com -- The S&P 500 gave gains Friday as financials were hurt by a slip in Citigroup as the Wall Street bank failed to replicate the better-than-expected quarterly results delivered by rivals JPMorgan and Wells Fargo .

The S&P 500 rose 0.1%, the Dow Jones Industrial Average rose 0.50%, or 171 points, and the Nasdaq was up 0.1%.

Tesla (TSLA) To Tap ABS Market For First Time Since Credit Upgrade - Bloomberg

Tesla To Tap ABS Market For First Time Since Credit Upgrade - Bloomberg

Tesla (TSLA) July option implied volatility into quarter results

Tesla (NASDAQ: TSLA) July call option implied volatility is at 71, August is at 54; compared to its 52-week range of 44 to 96 into the expected release of quarter results after the bell on July 19.

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

Shares of electric trucking company, Nikola (NASDAQ: NKLA) soared nearly 61% (a more than four-month high) Thursday during the companys busiest trading session on record. The companys trading momentum continued into Friday as the company was up as much as 20% in... More

BYD proposes $1B plan to build EVs in India

Reuters reports in an exclusive report Friday that BYD Co, Chinas largest producer of EVs, has submitted a $1 billion investment proposal to build electric cars and batteries in India with its privately held partner, Megha Engineering and Infrastructures.

According to Three people familiar with the situation, BYD and Megha submitted the proposal to Indian regulators to form an EV joint... More

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

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

BYD Proposes $1B India Plan To Build EVs, Batteries - Reuters

BYD Proposes $1B India Plan To Build EVs, Batteries - Reuters

Tesla (TSLA) July 277.50 straddle into quarter results

Tesla (NASDAQ: TSLA) July 277.50 straddle is priced for a move of 8% into the expected release of quarter results after the bell on July 19.

Active options: TSLA AAPL NVDA META AMZN RIVN CVNA BABA

Active options: TSLA AAPL NVDA META AMZN RIVN CVNA BABA

Active options: TSLA AAPL NVDA META AMZN RIVN CVNA BABA

Active options: TSLA AAPL NVDA META AMZN RIVN CVNA BABA

Tesla begins sale of cheaper Model Y vehicle in South Korea

SEOUL (Reuters) - Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price of 56.99 million won ($45,139), the automaker' s website said, making the vehicles eligible for the maximum rate of government subsidies.

The car, which boasts a driving range of 350 kilometres (217.48... More