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

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Morgan Stanley on Tesla (TSLA): 'Investors are becoming more cautious on China EVs'

August 17, 2023 4:11 PM EDT

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $250.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Investors are becoming more cautious on China EVs after a solid run in the past 3 months, with Tesla's further promotional activity of particular... More

Tesla (TSLA) notifies lithium supplier of potential lawsuit over failed deal

August 17, 2023 2:30 PM EDT

Lithium supplier, Core Lithium has been notified by electric vehicle maker, Tesla (NASDAQ: TSLA) regarding a 2022 supply agreement that failed to be realized within the contracted timeframe, according to a statement from the Australian mining company.

Despite prior arrangements, the... More

Tesla (TSLA) to begin mass output of revamped Model 3 in China

August 17, 2023 7:57 AM EDT

Tesla (NASDAQ: TSLA) is poised to begin mass production of the electric vehicle giants updated Model 3 in China as early as next month, according to people familiar with the situation.

Sources, who opted to remain anonymous as the details are not yet public, have revealed that Tesla is nearing the completion of display... More

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August 16, 2023 1:25 PM EDT

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VinFast shares slip after soaring in debut trading day

August 16, 2023 9:55 AM EDT

Investing.com -- Shares in VinFast Auto (NASDAQ: VFS) slumped sharply in early U.S. trading on Wednesday after the Vietnamese electric vehicle start-up's stock soared by 255% in their debut on the Nasdaq Global Select Market on Tuesday.


The firm, which went public via a merger with special-purpose acquisition company Black Spade, ended the prior session valued at... More

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August 16, 2023 9:53 AM EDT

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Target, Cava and Coinbase rise premarket; Tesla, Tower Semiconductor fall

August 16, 2023 8:08 AM EDT

Investing.com -- U.S. futures traded just higher Wednesday, with investors wary ahead of the release of the minutes from the last Federal Reserve meeting, which could provide future monetary policy guidance.


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



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Dow futures edge higher; Fed minutes in the spotlight

August 16, 2023 6:58 AM EDT

Investing.com -- U.S. stock futures edged higher Wednesday, rebounding after the previous sessions sharp losses ahead of the release of minutes from the last Federal Reserve as well as earnings from retail giant Target.


By 06:30 ET (10:30 GMT), the Dow futures contract was up 10 points, or 0.1%, S&P 500 futures traded 2 points, or 0.1% higher, and Nasdaq 100 futures climbed 23 points, or 0.2%.


The main equities indices all fell over 1% Tuesday after stronger-than-expected retail sales data increased worries interest rates could stay higher for longer, while U.S. big banks dropped on a... More

Tesla cuts prices in China for second time in three days as price war fears mount

August 16, 2023 6:38 AM EDT

Investing.com -- Tesla (NASDAQ: TSLA) has announced its second price cut in China in three days, further fueling worries of a potential price war in the country's lucrative electric vehicle (EV) market.

The Elon... More

Target to report, VinFast's market debut - what's moving markets

August 16, 2023 6:09 AM EDT

Investing.com -- U.S. stock futures inch into the green, hinting at a recovery from declines in the preceding session, as investors looked ahead to results from big-box retailer Target . Elsewhere, private equity TPG reportedly approaches EY over purchasing a stake in the financial services group's consulting arm, while VinFast's backdoor listing sees the value of the Vietnamese electric vehicle start-up climb above U.S. car giants Ford and General Motors.

1. Futures rise after declines on Wall Street

U.S. stock... More

Target to report, VinFast's market debut - what's moving markets

August 16, 2023 6:09 AM EDT

Investing.com -- U.S. stock futures inch into the green, hinting at a recovery from declines in the preceding session, as investors looked ahead to results from big-box retailer Target . Elsewhere, private equity TPG reportedly approaches EY over purchasing a stake in the financial services group's consulting arm, while VinFast's backdoor listing sees the value of the Vietnamese electric vehicle start-up climb above U.S. car giants Ford and General Motors.


1. Futures rise after declines on Wall... More

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August 16, 2023 4:00 AM EDT

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Tesla cuts Model S and X prices by over 6% in China

August 16, 2023 1:29 AM EDT

BEIJING (Reuters) -Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday.

A post from the carmaker on social media platform Weibo showed the price of the Model S cut 6.7% to 754,900 yuan ($103,477.58)... 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

Home Depot, Tesla, Tencent Music fall premarket; Nvidia, DR Horton rise

August 15, 2023 8:35 AM EDT

Investing.com -- U.S. futures fell Tuesday, ahead of the release of key retail sales data, while weak Chinese economic data raised concerns about slowing global growth.

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

Home Depot... 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

Fisker to add Tesla's EV charging connector by 2025

August 15, 2023 7:46 AM EDT

(Reuters) - Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker's Supercharger network by 2025.

A plethora of automakers, including Ford Motor and General Motors, are moving away from the... More

Fisker (FSR) enters agreement with with Tesla to adopt the North American Charging Standard (NACS)

August 15, 2023 6:23 AM EDT

Fisker (NYSE: FSR) will provide customers with access to Teslas (NASDAQ: TSLA) Supercharger network.

The company announces today that it has signed an agreement with Tesla to adopt the North American Charging Standard (NACS) on its first... More

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August 15, 2023 5:32 AM EDT

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Tesla launches cheaper Model S, X versions in US with shorter ranges

August 14, 2023 10:29 PM EDT

By Mrinmay Dey and Akash Sriram

(Reuters) -Tesla on Monday launched cheaper variants of its Model S sedan and Model X SUV with shorter driving ranges in the U.S., looking to increase sales as high borrowing costs hamper demand for expensive electric vehicles.

Tesla shares were down 2.6% on Tuesday, while rivals also lost ground as investors worried about a price war. Rivian fell by 3.5% while Lucid lost 5.6%.

Tesla has already slashed prices of its vehicles in the U.S., China and other markets, prioritizing sales growth over profit... More

Stock market today: Dow ends higher as Nvidia leads tech rally on dip-buying fever

August 14, 2023 4:19 PM EDT

Investing.com -- The Dow closed higher Monday, as weakness in banks was offset by renewed demand for tech amid a surge in Nvidia (NASDAQ: NVDA) ahead of a slew of incoming economic data set to provide further insight on the consumer.


The Dow Jones Industrial Average rose 0.1%, or 26 points, Nasdaq rose 1%, and the S&P 500 was 0.6% higher.


Nvidia leads dip-buying rally in tech

The recent dip in tech attracted dip buyers, particularly in semiconductor stocks, with Nvidia soaring more than 7% after Morgan Stanley said the... More

S&P 500 climbs as Nvidia rally pushes tech higher

August 14, 2023 2:47 PM EDT

Investing.com -- The S&P 500 rose Monday, as investors piled back into chip stocks including Nvidia (NASDAQ: NVDA) pushing tech higher following recent weakness ahead of a slew of incoming data set to provide further insight on the consumer.


The S&P 500 was 0.3% higher, the Dow Jones Industrial Average fell 0.1%, or 29 points, Nasdaq rose 0.7%.


Nvidia leads dip-buying rally in tech

The recent dip in tech attracted dip buyers, particularly in semiconductor stocks, with Nvidia soaring more than 6% after Morgan Stanley said the recent dip in the... More

Ford (F) hires former Apple (AAPL) exec to lead new business unit

August 14, 2023 10:20 AM EDT

Ford Motor (NYSE: F) announced Monday the appointment of former Apple executive, Peter Stern to head a recently established division dedicated to developing consumer software and the advancement of hands-free highway driving technology.

Stern, who most recently served as vice president of services at Apple, overseeing Apple TV+, iCloud and Apple News+, will... 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

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August 14, 2023 9:52 AM EDT

Active options: TSLA AMC NVDA AAPL AMD AMZN X BABA

... More

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

August 14, 2023 9:17 AM EDT

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

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