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 EDTElectric 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 EDTTeslas (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 EDTThree 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 EDTAccording 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
Active options: TSLA NVDA META AAPL MSFT AMZN GOOGL NFLX INTC
August 3, 2023 3:54 AM EDTActive options: TSLA NVDA META AAPL MSFT AMZN GOOGL NFLX INTC
... MoreActive options: TSLA NVDA META AAPL MSFT AMZN GOOGL NFLX INTC
August 3, 2023 3:51 AM EDTActive options: TSLA NVDA META AAPL MSFT AMZN GOOGL NFLX INTC
... MoreTesla (TSLA) leases office space in India, sparking market entry speculation
August 2, 2023 2:08 PM EDTOn 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 EDTTesla (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 EDTActive options: SOFI TSLA PLTR AMC NIO NVDA META AAPL AMD NKLA
... MoreHuge rallies boost Tupperware, Yellow shares into 'meme stock' club
August 1, 2023 12:43 PM EDTBy 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 EDTThe 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 EDTAccording 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 EDTActive options: TSLA SOFI UBER NKLA NIO PLTR AMD NVDA AMC
... MoreMorgan Stanley remains sidelined on Tesla (TSLA) as intern survey shows decline in desirability
August 1, 2023 8:53 AM EDTMorgan 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 EDTMorgan 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 EDTActive options: SOFI TSLA PLTR AMC NIO NVDA META AAPL
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