Tesla (TSLA) sues Chinese tech firm in IP dispute

Deutsche Bank warns of downside risk on Tesla (TSLA)

Deutsche Bank hosted investor meetings with Tesla as part of the IAA Cars Conf. In the very near term, we came away with the sense there could be downside risk to investors expectations for volume and margin in Q3, reflecting planned summer production shutdowns which will push both production and deliveries down QoQ, discounts on inventories, and limited positive costs offsets... More

Tesla (TSLA) China celebrates 2M vehicle production milestone

On Wednesday, Tesla's China branch made an announcement about a significant achievement at their Shanghai facility. Through their social media channels, the company shared that Giga Shanghai has reached the remarkable milestone of manufacturing its two millionth vehicle in less than four years since the plant commenced its... More

German Chancellor reveals plans for EV expansion law at IAA Munich

German Chancellor, Olaf Scholz took a tour of this years IAA car show in Munich on Tuesday where he revealed a groundbreaking initiative to expand the electric vehicle industry in his country.

In his address, he praised the German car industry's dedication to electrification while expressing his disapproval of ongoing protests. Scholz announced a new law, expected in the coming weeks, designed to significantly increase the number of electric vehicle charging stations across the country.

Under... More

Active options: TSLA AAPL NVDA AMD AMZN MSFT INTC NFLX PLTR CCL

Active options: TSLA AAPL NVDA AMD AMZN MSFT INTC NFLX PLTR CCL

Renault CEO says Ampere IPO value could reach $10 Billion

According to CEO Luca de Meol, Renault's Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around 10 billion euros ($10.8 billion).

During an interview with the Financial Times at the Munich IAA car show on Monday, De Meo suggested that Ampere's market worth could range... More

Lowe's, Airbnb, Oracle rise premarket; Charter Communications fall

Investing.com -- U.S. futures traded with small losses Tuesday, as weak Chinese services activity data increased concerns about the economic recovery of the worlds second largest economy.

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

Lowes (NYSE:... More

Tesla sues Chinese firm over tech secret infringement -Chinese state media

BEIJING (Reuters) - Tesla Shanghai has sued a Chinese firm over tech secret infringement and unfair competition disputes, Shanghai Securities Journal reported on Tuesday.

The lawsuit against Bingling Intelligent Technology, a chip designer and auto parts maker based in Changzhou, Jiangsu province, will be heard in the Shanghai... More

Active options: TSLA NVDA AAPL AMD AMZN DIS NIO META MSFT INTC BABA

Active options: TSLA NVDA AAPL AMD AMZN DIS NIO META MSFT INTC BABA

Active options: TSLA NVDA AAPL AMZN AMD DIS META INTC MSFT PLTR NIO HZNP

Active options: TSLA NVDA AAPL AMZN AMD DIS META INTC MSFT PLTR NIO HZNP

Chinese EV rivals shine in August, Li Auto (LI) hits record sales

Teslas (NASDAQ: TSLA) Chinese rivals reported impressive August delivery numbers on Friday with Li Auto (NASDAQ: LI) achieving an all-time high in sales. XPeng (XPEV) reported its strongest month in over a year, while Nio (NYSE: NIO) came close to achieving a new delivery record.

Li Auto (LI)

Li Auto recorded a 2.3% increase in deliveries, with 34,914 vehicles delivered in August compared to the previous record of 34,134 vehicles in July and an astonishing 664% surge... More

UBS cuts estimates on Renault and Volkswagen as Chinese competition rises

UBS downgraded French automaker, Renault to a Sell rating (From Neutral) and cut their 12-month price target on the automotive stock to 31.00 (From 42.00) as competition from Chinese rivals intensifies.

UBS anticipates continued robust financial performance in the upcoming quarters with the potential for additional positive surprises. However, it is noteworthy that most indicators have ceased to show improvement. An analysis by UBS, including the examination of the BYD teardown Q-Series, leads analyst David Lesne to believe that legacy automakers... More

Tesla (TSLA) cuts prices in China, releases refreshed Model 3

Shares of Tesla (NASDAQ: TSLA) are up 0.16% in pre-market trading Friday morning after the company announced that they have once again cut prices in China.

The electric automaker announced that they have slashed prices for their premium Model S and Model X vehicles sold in China by between 14% and 21%, according to its official website.

The company also revealed Friday their redesigned Model 3, which is manufactured in China and boasts... More

Tesla (TSLA) China Cuts Price Of Model S Plaid By 19%

Tesla (TSLA) China Cuts Price Of Model S Plaid By 19%, according to a Bloomberg report late Thrusday.

Tesla (TSLA) option IV amid GM, F, STLA union contract headlines

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 46; compared to its 52-week range of 42 to 96.