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

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Tesla (TSLA) appoints Vaibhav Taneja as new CFO

August 7, 2023 10:17 AM EDT

Electric vehicle giant Tesla (NASDAQ: TSLA) said in a filing Monday that it has appointed Vaibhav Taneja as its new Chief Financial Officer.

Taneja, who has served as Teslas Chief Accounting Officer since 2019, will take on the position in addition to... More

Tesla (TSLA) China recalls Model S and Model X

August 4, 2023 1:14 PM EDT

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

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

August 3, 2023 8:57 AM EDT

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

August 3, 2023 8:33 AM EDT

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 faces California class action on its EV range claims

August 3, 2023 5:42 AM EDT

(Reuters) - Three Tesla owners in California on Wednesday sued the automaker in a proposed class action that accuses the company of falsely advertising the estimated driving ranges of its electric vehicles.

The lawsuit in the U.S. District Court for the Northern District of California cites a Reuters article published last week which reported Tesla had created a "Diversion Team" in Nevada to cancel as many range-related appointments as possible after becoming inundated with owner complaints.

Reuters also reported that about a decade ago Tesla had decided to write algorithms for its in-dash range meter that... More

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August 3, 2023 3:54 AM EDT

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Active options: TSLA NVDA META AAPL MSFT AMZN GOOGL NFLX INTC

August 3, 2023 3:51 AM EDT

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

August 2, 2023 2:08 PM EDT

On Wednesday, Punekarnews, an Indian news outlet, reported that Tesla (NASDAQ: TSLA), operating under its Indian subsidiary, Tesla India Motor & Energy, has recently secured a 5,850-square-foot space in Pune, India's Panchshil Business Park. This development has sparked further rumors and speculation about the all-electric automakers potential market entry into the country.

Tesla's acquisition of the office space signifies a significant step in its endeavor to establish... More

Tesla (TSLA) restarts Magic Dock installations in Texas

August 2, 2023 10:50 AM EDT

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

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

August 2, 2023 4:56 AM EDT

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

August 1, 2023 12:43 PM EDT

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

August 1, 2023 12:03 PM EDT

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

August 1, 2023 11:05 AM EDT

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

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

August 1, 2023 9:48 AM EDT

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

August 1, 2023 8:53 AM EDT

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

August 1, 2023 6:14 AM EDT

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

Active options: SOFI TSLA PLTR AMC NIO NVDA META AAPL

August 1, 2023 4:40 AM EDT

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