Tesla (TSLA) leases office space in India, sparking market entry speculation

Tesla (TSLA) China recalls Model S and Model X

Teslas (NASDAQ: TSLA) China unit has initiated a recall of 271 of their Model S and Model X units sue to issues effecting the vehicles seat belts and cameras.

The recall affects 234 Model S and Model X vehicles manufactured between February 5 and May 16, 2023. The reason for the recall is due to a problem during the production or after-sale service, where the first-row seat belts and pretensioners were disassembled and not properly... More

Tesla (TSLA) discusses plans with India's commerce Minister

Reuters reports Thursday, citing two unnamed sources, that Tesla (NASDAQ: TSLA) executives met with India's Commerce Minister, Piyush Goyal last week to discuss the carmaker's plans to establish a manufacturing plant in the country.

Tesla and Goyal discussed the company's plans during the meeting, said the... More

California Tesla (TSLA) owners file class action over false EV range claims

Three Tesla (NASDAQ: TSLA) owners from California filed a proposed class action lawsuit against the automaker Wednesday. The legal complaint alleges that Tesla engaged in false advertising of the estimated driving ranges of its electric vehicles.

The lawsuit, filed in the U.S. District Court for the Northern District of California, references a recent Reuters article outlining how Tesla allegedly formed a "Diversion Team" in Nevada to handle the overwhelming... More

Tesla (TSLA) China sales slide in July

According to data released by the China Passenger Car Association (CPCA) on Thursday, Tesla (NASDAQ: TSLA) sold 64,285 Chinese electric vehicles in July, a 31% decrease from a month earlier.

However, sales of China-made Model 3 and Model Y cars have surged by 128%, reaching 28,217 units, compared to the same period last... More

Tesla (TSLA) restarts Magic Dock installations in Texas

Tesla (NASDAQ: TSLA) recently resumed their Magic Dock technology in Texas. Constructing new Superchargers equipped with the Magic Dock connection, extending its availability to a third region.

A new set of Tesla Superchargers equipped with the Magic Dock was spotted near Fort Worth,... More

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Active options: SOFI TSLA PLTR AMC NIO NVDA META AAPL AMD NKLA

Huge rallies boost Tupperware, Yellow shares into 'meme stock' club

By Medha Singh and Chibuike Oguh

(Reuters) -Shares of Tupperware Brands Corp, Yellow Corp and other U.S. companies have soared in recent days, reminding analysts of so-called "meme stock" rallies in which strong demand from retail investors fueled huge gains in stocks that had fallen out of favor on Wall Street.

Shares of trucking company Yellow jumped more than 78% on Tuesday, after more than doubling in the previous session, following a news report that private equity firm Apollo Global Management was nearing a deal to provide new capital to the firm after it ceased operations and... More

U.S. opens investigation into 280k Tesla (TSLA) EVs over loss of steering control

The National Highway Traffic Administration revealed Tuesday that the U.S. regulatory agency has opened as investigation into 280,000 new Tesla (NASDAQ: TSLA) Model 3 and Model Y vehicles after receiving 12 complaints over loss of steering control and power steering.

Back in June, a driver from Alpharetta, Georgia reported that she was driving her two-week-old Tesla Model Y out of a shopping center when "suddenly steering wheel did not steer. It was hard and saw the alert. Went to very close to opposite side of traffic and some how made... More

Tesla (TSLA) seeking $100M for Texas to California truck charging network

According to emails viewed by Bloomberg News, EV giant, Tesla (NASDAQ: TSLA) is aiming to secure approximately $100 million in federal funds to construct nine electric semi-truck charging stations reaching from the southern border of Texas to northern California.

The company proposed in the emails that each charging unit be equipped with eight 750-kilowatt chargers for Tesla Semi... More

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Active options: TSLA SOFI UBER NKLA NIO PLTR AMD NVDA AMC

Morgan Stanley remains sidelined on Tesla (TSLA) as intern survey shows decline in desirability

Morgan Stanley reiterated an Equal-weight rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $250.00 following their Annual Intern Survey.

Morgan Stanley conducted their 5th Annual Intern Survey of ~575 Morgan Stanley N. American summer interns, providing a window into the... More

Tesla (TSLA) 'Cool Factor' Faded Among Summer Interns - Morgan Stanley

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $250.00 price target on Tesla (NASDAQ: TSLA) after a survey of summer interns showed that Tesla's "cool factor" has faded.

The analyst commented, "Our summer intern class provides a window in the... More

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Active options: SOFI TSLA PLTR AMC NIO NVDA META AAPL

Barclays remains sidelined on Tesla (TSLA), expects modest near-term Cybertruck volumes

Barclays reiterated a Neutral rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $260.00 on the electric vehicle stock as the automaker prepares for the start of Cybertruck deliveries before the end of the year.

Barclays believes that the EV truck market is likely to remain niche for the foreseeable future, with the Detroit 3 (D3) maintaining a dominant position in the pickup market, including the EV truck segment. However,... More

Tesla (TSLA) to cut prices in Hong Kong

The Hong Kong Economic Times reports Monday that U.S. electric automaker, Tesla (NASDAQ: TSLA) will be cutting the prices of multiple variants of their Model 3 and Model Y vehicles in the country starting August 4th.

According to the report, the EV giant will implement... More

Don't discount Tesla and Rivian in the EV truck race - Barclays

Barclays analyst Dan Levy on the U.S. EV truck market: "With the long-awaited Cybertruck start of deliveries expected at some point before year-end, we find it timely to review what exactly should be made of TSLAs polarizing entry into the most lucrative segment in the U.S. auto... More

Tesla to cut prices on some Model 3, Model Y in HK -media

BEIJING (Reuters) - U.S. automaker Tesla is set to cut prices on multiple variants of its Model 3 and Model Y vehicles in Hong Kong from Aug. 4, Hong Kong Economic Times reported on Monday.

The discounts would range from 6% to 11.9%, according to the report.

(Reporting by Beijing Newsroom)