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

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

August 16, 2023 1:46 PM EDT

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

August 15, 2023 8:53 AM EDT

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

August 15, 2023 8:01 AM EDT

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

China EVs drop as Tesla (TSLA) continues price war

August 14, 2023 10:03 AM EDT

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

Tesla, Nikola and AMC fall premarket; Okta, U.S. Steel rise

August 14, 2023 8:11 AM EDT

Investing.com -- U.S. futures traded higher Monday, with investors awaiting more earnings, this time from the crucial retail sector.

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

Tesla (NASDAQ: TSLA) stock fell 2.4% after the... More

Tesla shares slip after electric car giant unveils price cuts in China

August 14, 2023 6:32 AM EDT

Investing.com -- Shares in Tesla (NASDAQ: TSLA) dipped in premarket U.S. trading on Monday after the electric carmaker slashed the prices for some of its China-made vehicles, fueling concerns over an intensifying price war in the country.

In a statement on Monday, Tesla said... More

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

August 14, 2023 5:53 AM EDT

Investing.com -- Fears over China's debt-laden property sector mount after key player Country Garden halts trading on some of its mainland bonds. Elsewhere, economists at Goldman Sachs predict when the Federal Reserve will begin cutting interest rates after an aggressive policy tightening campaign, while investors look ahead to results from large big-box brands and retail sales figures for July.

1. China's property sector woes deepen

Chinese residential real estate giant Country Garden (HK:2007) suspended trading in more than... More

Tesla cuts prices in China for select Model Y versions

August 13, 2023 8:13 PM EDT

BEIJING (Reuters) -Tesla on Monday said it has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, sending its shares lower on concern of further pressure on its profit margins.

This marks the first time since January that Tesla has reduced its vehicle prices in China, although the U.S. electric carmaker has turned to other incentives to boost sales in the face of rising competition in recent months.

The move came after sales of Tesla's China-made vehicles fell 31% in July from June, their first month-on-month decline since December, as the... More

BYD calls for Chinese automotive unity, 'demolish the old legends'

August 11, 2023 2:30 PM EDT

China's top-selling automobile manufacturer, BYD, has ignited a surge of online attention after the automaker signaled for unity, calling for the industry to band together and demolish the old legends.

During a recent event commemorating a production milestone, BYD shifted the focus to a grander objective: to spotlight China's ascent as a powerhouse in the global automotive manufacturing arena.

"I believe the time has come for Chinese brands," said founder Wang Chuanfu. "It's an emotional need for the 1.4 billion Chinese people to see a Chinese brand becoming global."

China's carmakers are caught in a fierce price... More

Active options: TSLA NVDA AAPL BABA DIS AMZN AMD PLUG PLTR

August 11, 2023 9:51 AM EDT

Active options: TSLA NVDA AAPL BABA DIS AMZN AMD PLUG PLTR

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Illinois EPA announces funding dates for next round of EV rebates

August 10, 2023 3:06 PM EDT

The Illinois Environmental Protection Agency (EPA) announced Thursday that the upcoming funding phase for the Electric Vehicle (EV) Rebate Program in Illinois will begin on Wednesday, November 1, 2023, and conclude on Wednesday, January 31, 2024.

Those who buy a new or used all-electric vehicle from a licensed dealer in Illinois, fulfill all... More

Tesla (TSLA) selects Volex as licensed partner to build NACS

August 10, 2023 2:35 PM EDT

Volex, a specialist in critical power and data transmission, has been selected as an official licensed partner by Tesla for the North American Charging Standard Charging system. Surprisingly, the company said that they are already prepared to provide the NACS connector to car manufacturers.

Volex's press release regarding the Tesla NACS coupler confirms that the... More

US Government Investigating Fatal Tesla (TSLA) Model Y Accident - Bloomberg

August 10, 2023 11:20 AM EDT

US Government Investigating Fatal Tesla (NASDAQ: TSLA) Model Y Accident - Bloomberg

National Highway Traffic Safety Admin. Probes Virginia Crash

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Tesla (TSLA) option IV near low end of range

August 10, 2023 10:39 AM EDT

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 43; compared to its 52-week range of 42 to 96.

... More

Active options: TSLA NVDA DIS BABA AAPL AMD AMZN PLTR

August 10, 2023 9:57 AM EDT

Active options: TSLA NVDA DIS BABA AAPL AMD AMZN PLTR

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