India to push for EV investments with new policy says minister Goyal

Tesla (TSLA) achieves a breakthrough in affordable EVs

Reuters reports Thursday, citing unnamed sources, that electric automaker, Tesla (NASDAQ: TSLA) is on the verge of a major technological breakthrough that could change the way electric vehicles (EVs) are made.

According to the report, Tesla has integrated a range of innovations to achieve a technological milestone that has the potential to revolutionize its electric vehicle manufacturing process, aligning with Elon Musk's goal of reducing production expenses by half.

As per the unnamed... More

Tesla (TSLA) interested in Sunrise New Energy (EPOW) battery components

Shares of battery components company, Sunrise New Energy (NASDAQ: (EPOW) rose as much as 20% on Wednesday after the company revealed that they have received interest from electric vehicle maker Tesla Inc. (NASDAQ: TSLA) for its products.

Sunrise, through its joint venture,... More

Active options: TSLA AAPL NVDA AMZN AMD AMC NFLX ORCL F MSFT

Active options: TSLA AAPL NVDA AMZN AMD AMC NFLX ORCL F MSFT

UBS maintains Neutral rating on Tesla (TSLA); Initiates coverage on Rivian (RIVN)

UBS Global reiterated a Neutral rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the EV stock to $290.00 (From $270.00). The adjustment comes in light of Tesla's ongoing strategy of leveraging its cost advantage and stimulating demand through price reductions.

UBS analyst, Joseph Spak believes this pricing strategy could potentially provide Tesla with a formidable competitive edge, allowing the company to expand its customer base. This approach may also create challenges for competitors grappling with higher operating costs. However, while this strategy has the potential to be a game-changer, it... More

Tesla shows interest in Sunrise New Energy's battery components

(Reuters) - Battery components maker Sunrise New Energy said on Wednesday that it had received interest for its products from electric vehicle maker Tesla Inc.

Sunrise shares rose as much as 11% to $1.87 in morning trade.

The China-based company, through its joint venture, manufactures and sells graphite anode... More

Tesla (TSLA) option IV amid United Auto Workers contract negotiations

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 50; compared to its 52-week range of 42 to 96 amid United Auto Workers contract negotiations.

Billionaire investor Ron Baron says Tesla (TSLA) could grow fivefold

Billionaire investor, and CEO of Baron Capital, Ron Baron appeared on CNBCs Squawk Box Wednesday morning to discuss his investments with Tesla (NASDAQ: TSLA) and CEO Elon Musk.

The billionaire stood by his optimistic outlook on Tesla, expecting the electric vehicle (EV)... More

Active options: TSLA AAPL NVDA AMZN F ORCL META AMD

Active options: TSLA AAPL NVDA AMZN F ORCL META AMD

Tesla (TSLA) option implied volatility flat

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 51; compared to its 52-week range of 42 to 96.

Ford, BP, Tesla, Moderna rise premarket; Spirit Airlines, Nio fall

Investing.com -- U.S. futures traded marginally lower Wednesday, as investors cautiously awaited the release of consumer inflation data which could provide clues as to future Federal Reserve monetary policy.

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

Apple (NASDAQ: AAPL) stock fell 0.1% the day after the tech giant revealed four new iPhone models at its... More

Early Tesla Investor Ron Baron Now the Largest Investor In SpaceX; Guides Tesla Unit Growth of 25%-30%, 4-5x Growth in 7 Years - CNBC

(Updated - September 13, 2023 7:34 AM EDT)

Early Tesla Investor and Billionaire Fund Manager Ron Baron Says We Are The Largest Investor In SpaceX - CNBC

India to draft new policy in push for EV investment, minister says

By Aditi Shah and Tanvi Mehta

NEW DELHI (Reuters) -India will come up with new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, the commerce minister said on Wednesday.

Piyush Goyal's comments come as U.S. EV maker Tesla continues talks with Narendra Modi's administration on the possibility of building a factory in India.

India Trade Minister: Tesla Plans To Source Components Worth $1.7-$1.9 Billion From India - Reuters

(Updated - September 13, 2023 6:52 AM EDT)

India Trade Minister: Tesla Plans To Source Components Worth $1.7-$1.9 Billion From India - Reuters

Morgan Stanley is adding to its position in Adobe (ADBE), removes Cisco (CSCO) position

Morgan Stanley strategist Daniel Skelly on changes the firm made to its US Model Portfolio.

"Adding a position in Adobe Inc. (ADBE) given its leading position in software for creative content as Generative AI tailwinds build. Removing Costco Wholesale Corp. (COST) due to full valuation and potential cyclical... More

UBS Assumes Tesla (TSLA) at Neutral, 'at current levels we'd wait for a better entry point'

(Updated - September 13, 2023 6:07 AM EDT)

UBS analyst Joseph Spak assumes coverage on Tesla (NASDAQ: TSLA) with a Neutral rating and a price target of $290.00 (from $270.00).

The analyst comments "We assume coverage of Tesla with a Neutral rating, $290 PT. Tesla is leveraging... More

U.S. committee recommends royalties on mining minerals for EVs

A federal committee, Tuesday, put forth a suggestion to introduce royalties on U.S. hardrock mining with an aim to boost domestic mining production by generating additional funds for the agencies responsible for granting new mining permits.

This proposal is just one element of a comprehensive set of recommendations designed to enhance the supply of essential materials like lithium, cobalt, and nickel. Materials crucial for supporting the growth of a domestic electric vehicle (EV) industry, which plays a... More

Active options: TSLA AAPL NVDA ORCL AMZN AMC AMD INTC BAC

Active options: TSLA AAPL NVDA ORCL AMZN AMC AMD INTC BAC

Tesla (TSLA) listed a most shorted stock for third month in a row

According to a report from securities lending data firm Hazeltree on Tuesday, Tesla (NASDAQ: TSLA) remained at the top of the list of the most heavily shorted large-cap U.S. stocks for the third consecutive month in August.

On Monday, Tesla's stock... More

U.S. stocks fall after Oracle disappointed; inflation data in view

Investing.com -- U.S. stocks are falling early Tuesday after Oracle's outlook disappointed investors. Next up is August's inflation reading, a report due out Wednesday that could be a factor in the Federal Reserve's decision about interest rates later this month.

At 11:15 ET (15:15 GMT), the Dow Jones Industrial Average fell 29 points or 0.1%, while the S&P 500 fell 0.5%, and the NASDAQ Composite fell 0.8%.

The three major Wall Street indices closed higher Monday, with the tech-heavy Nasdaq leading the way, gaining 1.1%, as Tesla (NASDAQ: TSLA) surged on... More

Active options: TSLA AMC NVDA AAPL ORCL AMD DIS AMZN CGC

Active options: TSLA AMC NVDA AAPL ORCL AMD DIS AMZN CGC

Tesla (TSLA) and suppliers to invest $15B in Mexican gigafactory

Mexican authorities announced on Monday that Tesla (NASDAQ: TSLA) and its suppliers are planning to invest $15 billion in a factory that is currently under construction over the next two years. This figure is three times higher than the previous estimate provided by Mexican... More

RBC Capital gets a peek inside Tesla's (TSLA) Nevada Gigafactory

RBC Capital Markets reiterated an Outperform rating on Tesla (NASDAQ: TSLA), with a 12-month price target of $305.00, after hosting investors for a tour of the companys Nevada gigafactory.

The plant currently boasts a 35-38 gwh capacity. The facility also produces energy storage batteries, with a majority being dedicated to car... More

U.S. futures slip; Disney, Charter reach distribution deal - what's moving markets

Investing.com -- U.S. stock futures decline after a spike in Tesla's (NASDAQ: TSLA) shares bolsters equities on Monday, as traders look ahead to the release of major economic data later in the week. Elsewhere, British chip designer Arm will reportedly stop taking orders for its much-anticipated initial public offering a day early due to solid investor demand, while Disney and Charter... More

RBC Capital Takeaways from Tesla (TSLA) Meeting in Texas

RBC Capital analyst Tom Narayan reiterated an Outperform rating and $305.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "Unlike legacy OEM peers in the US who are pursuing JVs to make battery cells, Tesla is going solo which should enable it to capitalize on IRA credits more than any other automaker and even be a tier 1 battery supplier. On battery chemistry, lithium should not be a bottleneck to EV demand. Insourcing power electronics is a key differentiator and Tesla can be a Tier 1 supplier there as well. Finally, autonomy is... More

Tesla, suppliers to invest $15 billion in Mexico factory - local governor

MEXICO CITY (Reuters) - A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over the next two years in a factory that is still under construction, an amount that is triple what Mexican officials previously announced.

In March, Tesla CEO Elon Musk said his company would open a gigafactory in northern Nuevo Leon state, part of... More

S&P 500 rises as tesla, big tech rack up gains

Investing.com -- The S&P 500 rose Monday, led by a rally in tesla and big tech as bullish bets on stocks emerged a day ahead of Apples eagerly anticipated iPhone 15 launch.

The S&P 500 rose 0.6%, the Dow Jones Industrial Average added 0.2%, 73 points, Nasdaq rallied 1%.

Tesla (NASDAQ: TSLA) rose more than 9% after Morgan Stanley upgraded the electrical vehicle maker to overweight from equalweight, on optimism that its supercomputer Dojo -- which can process data from Tesla vehicles on... More

Active options: TSLA NVDA AMZN AAPL AMD PLTR META DIS KVUE CGC

Active options: TSLA NVDA AMZN AAPL AMD PLTR META DIS KVUE CGC

U.S. stocks are rising as investors hope for rate pause; data in view

Investing.com -- U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors anticipate nearing the end of its interest rate increases.

At 10:38 ET (14:38 GMT), the Dow Jones Industrial Average was up 55 points or 0.2%, while the S&P 500 was up 0.4% and the NASDAQ Composite was up 0.5%.

The three major Wall Street indices posted a losing week last week, with the blue-chip Dow Jones Industrial Average ending around 0.8 lower. The tech-heavy Nasdaq Composite dropped 1.9% and the broad-based S&P 500 fell 1.3%, their... More

U.S. stocks rise on hopes for Fed rate pause; inflation data in view

Investing.com -- U.S. stocks were rising on hopes the Federal Reserve will leave rates unchanged when it meets this month, as investors anticipate nearing the end of its interest rate increases.

At 9:34 ET (13:34 GMT), the Dow Jones Industrial Average was up 193 points or 0.6%, while the S&P 500 was up 0.7% and the NASDAQ Composite was up 0.9%.

The three major Wall Street indices posted a losing week last week, with the blue-chip Dow Jones Industrial Average ending around 0.8 lower. The tech-heavy Nasdaq Composite dropped 1.9% and the broad-based S&P 500 fell 1.3%, their... More

Active options: TSLA AAPL NVDA AMZN AMD KVUE META AMC PLTR

Active options: TSLA AAPL NVDA AMZN AMD KVUE META AMC PLTR

Tesla, Apple, Hostess Brands, Boeing rise premarket; Alibaba falls

Investing.com -- U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action.

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

Tesla (NASDAQ: TSLA) stock rose 6% after Morgan Stanley upgraded its stance on the electric... More

Nasdaq ends sharply higher as Tesla soars on AI optimism

By Noel Randewich and Shristi Achar A

(Reuters) - The Nasdaq closed sharply higher on Monday as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week.

Tesla rallied 10% after Morgan Stanley upgraded the electric car maker to "overweight" from "equal-weight," saying its Dojo supercomputer could boost the company's market value by nearly $600 billion.

Other megacaps also rose, with Amazon climbing 3.5% and Microsoft adding 1.1%.

Meta Platforms jumped 3.25% after a report on Sunday said the social media platform was working on a new, more powerful AI system.

Walt Disney added 1.2% and... More

Tesla (TSLA) rallies as Morgan Stanley upgrades to Top Pick on Dojo supercomputer boost

Tesla (NASDAQ: TSLA) stock can surge thanks to its Dojo Supercomputer says Morgan Stanley analyst Adam Jonas after upgrading the rating to Overweight from Equal Weight.

Tesla stock is also a new Top Pick at Morgan Stanley with a price target of $400 per share, a new Street-high.

Shares in Tesla rose 5.5% on the news.

Tesla has developed an advanced supercomputing architecture that pushes new boundaries in... More

Tesla (TSLA) 30-day option implied volatility near low end of range

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 48; compared to its 52-week range of 42 to 96.

Tesla jumps as analyst predicts $600 billion value boost from Dojo

(Reuters) -Tesla rallied 6% on Monday after Morgan Stanley said its Dojo supercomputer could power a near $600 billion surge in the electric-car maker's market value by helping speed up its foray into robotaxis and software services.

Tesla, already the world's most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo through next year.

Dojo can open up new addressable markets that "extend well beyond... More