China's property sector woes, Goldman Sachs' Fed outlook - what's moving markets

Texas commission approves Tesla (TSLA) charging standard for federal funds despite concerns

A Texas commission voted Wednesday to approve a plan to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) technology to be eligible for federal funds, despite calls for more time to re-engineer and test the connectors.

According to federal regulations, companies must provide NACS rival, Combined Charging System (CCS) as a basic offering to qualify for the... More

Fisker (FSR) inks deal with Tesla (TSLA) to adopt NACS by 2025

California-based, emerging electric vehicle maker, Fisker Inc. (NYSE: FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS) starting in 2025.

This decision offers Fisker vehicle owners more charging... More

Tesla (TSLA) launches affordable Model S and Model X variants

Tesla (NASDAQ: TSLA) introduced more affordable versions of its Model S sedan and Model X SUV in the United States on Monday. These new variants offer shorter driving ranges and are aimed at boosting sales, as elevated borrowing expenses are currently affecting the demand for pricier electric vehicles. The lower cost versions of both vehicles launched Monday are $10,000 less than the regular model,... More

Here are Deutsche Bank's top picks heading into earnings

In a recent note to clients, analysts at Deutsche Bank highlighted two top second-quarter picks heading into their earnings releases.

The firm's analyst Krisztina Katai picked out beauty salon firm Ulta Beauty (NASDAQ: ULTA) and retail giant Walmart (NYSE: WMT), believing both will top consensus expectations. The firm sees WMT raising guidance, while ULTA is expected to reiterate its outlook when it reports earnings for its latest quarter.

The analyst maintained a Buy rating and $182 price target on Walmart, which is... More

China EVs drop as Tesla (TSLA) continues price war

Shares of Chinese electric automakers, XPeng (NYSE: XPEV), Li Auto (NASDAQ: LI) and Nio (NYSE: NIO) are down in early trading Monday morning after American competitor, Tesla (NASDAQ: TSLA) announced additional price cuts to their Model Y vehicles.

Tesla announced Monday, a reduction in prices for... More

Indonesia says Tesla (TSLA) will invest in new battery facility

Following years of active courting, Indonesia revealed Monday that electric carmaker, Tesla (NASDAQ: TSLA) will invest in the manufacturing of battery materials in the country.

Senior Minister Luhut Pandjaitan revealed through a post on Instagram, that he headed an Indonesian delegation that engaged in discussions with... More