India Considers Lowering EV Import Tax To As Low As 15%, Vs 100% On Some Cars Now - Reuters

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U.S. regulators request additional information in Tesla (TSLA) autopilot investigation

August 29, 2023 3:25 PM EDT

Documents released to the media Tuesday show The National Highway Traffic and Safety Administration (NHTSA) has sent a special order to electric automaker, Tesla (NASDAQ: TSLA) with questions concerning changes to the companys driver monitoring system employed in their autopilot software.

In a notice dated July 26th, the NHTSA expressed concerns about a Tesla update... More

HSBC sees no sign of EV price war in Europe

August 29, 2023 9:09 AM EDT

Despite several reports of major price cuts and margin shrink, HSBC believes that the media reports of a pricing war in the European EV market may be somewhat exaggerated.

German newspaper, Handelsblatt recently referenced a PwC Strategy report to support the notion of a BEV price competition extending to Europe. However, this view is in contrast with statements coming from the automobile manufacturers.

HSBC Global Research found that there is a shortage of collected information on pricing in Europe and has decided to launch... More

Tesla (TSLA) prepares for trial involving autopilot related deaths

August 28, 2023 9:44 AM EDT

Tesla Inc (NASDAQ: TSLA) is preparing to defend itself for the first time at trial against allegations that the automakers Full Self-Driving (FSD) autopilot feature failed, resulting in fatality. The trial will likely be seen as a major test of Chief Executive Elon Musk's claims regarding the technology.

Tesla faces two trials in quick succession.

Happening within California's state court, the first trial is a civil litigation alleging that the Autopilot system led Tesla owner Micah Lee's Model 3 to... More

Vinfast (VFS) becomes third most valuable carmaker as stock surge continues

August 28, 2023 9:10 AM EDT

Shares of electric-vehicle maker Vinfast (NASDAQ: VFS) surged as much as 30% in premarket trading on Monday morning, extending last weeks rally that saw the Vietnamese carmaker more than quadruple its market value to $160 billion.

A premarket share price of $90.55 indicated that the stock was headed towards increasing its market capitalization by nearly $50 billion.... More

Tesla (TSLA) in prime position to further capitalize on EV transformation, claims Wedbush's Ives

August 25, 2023 12:07 PM EDT

Tesla's (NASDAQ: TSLA) sum-of-the-parts story is fully in stride, according to Wedbush analyst Daniel Ives on Friday.

Ives noted the electric vehicle giant's newly released supercharger network OEM deals, energy business, AI-driven autonomous path, unmatched battery ecosystem, and increased production scale/ scope... More