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

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

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

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

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

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

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

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

With Tesla Push, India Mulls Import Tax Cut If EV Makers Build Locally - Reuters

With Tesla Push, India Mulls Import Tax Cut If EV Makers Build Locally - Reuters

Tesla (TSLA) Investors can expect to see payouts from Elon Musk's SEC settlement soon

In a Wednesday night court filing concerning a legal dispute stemming from a tweet sent by Tesla (NASDAQ: TSLA) CEO Elon Musks in 2018 shows 3,350 eligible claimants will share in a $41.53 million payout.

Musk drew the SEC's attention in August 2018, tweet saying he was thinking about taking Tesla private and had "funding secured" with "investor support." When the plan fell... More

Tesla (TSLA) virtual power plants will energize Texas grid

A recent press release by the Public Utility Commission of Texas (PUCT) reveals that electric vehicle company, Tesla (NASDAQ: TSLA) will be providing Virtual Power Plant (VPP) solutions to the state's power grid. This initiative is a component of the Aggregate Distributed Energy Resource (ADER) initiative promoted by PUCT in 2022.

According to the press... More

Tesla (TSLA) cuts production targets in Germany as output slows

A story by Business Insider Wednesday, citing internal documents and unnamed sources, reports that electric vehicle maker, Tesla (NASDAQ: TSLA) has decided to cut their production targets for their German facility to 4,350 a week in July and August after hitting 5,000 a week in March with plans to reduce it further.

In late March, the American EV maker shared a... More

Foot Locker, Tesla, Peloton fall premarket; Kohl's, Urban Outfitters rise

Investing.com -- U.S. futures traded higher Wednesday, as investors digested more corporate earnings, particularly from the retail sector, ahead of the release of numbers from chip designer Nvidia (NASDAQ: NVDA).

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

Kohls (NYSE: KSS) stock rose 3.5% after the department store operator beat quarterly profit estimates, as leaner inventories, lower costs, and fewer discounts helped to counter a broader retail... More

Tesla's German plant lowers production target amid slower output - Business Insider

BERLIN (Reuters) - Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it further, according to a Business Insider report citing internal documents and anonymous sources.

The U.S. carmaker had posted on X, the social media platform formerly known as Twitter, in late March that it hit 5,000 cars per week at the plant in Gruenheide near Berlin, but workers who declined to be named told Business Insider that this was... More

Xiaomi Wins Approval From China's State Planner To Manufacture Electric Vehicles - Reuters

Xiaomi Wins Approval From China's State Planner To Manufacture Electric Vehicles - Reuters