Baird reiterates Outperform on Tesla (TSLA) as EV maker is 'best positioned among its peers'

Citi Updates Deliveries Estimate on Tesla (TSLA): 'Our Q3 delivery estimate is reduced to 450k from 468.5k'

September 28, 2023 4:07 PM EDT

Citi analyst Itay Michaeli reiterated a Neutral rating and $278.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "Ahead of Teslas Q3 vehicle delivery release, were updating our model to reflect latest available datapoints. Our Q3 delivery estimate is... More

Britain keeps timeline for 2035 fossil fuel Car phase-out despite delay

September 28, 2023 1:58 PM EDT

Britain revealed Thursday that the country will continue with its previous timetable to eliminating fossil fuel-burning cars by 2035, mitigating the consequences of last week's five-year delay, which now mandates that petrol and diesel vehicles must incorporate hybrid engines.

This announcement means that the policy shift introduced last week by Prime Minister Rishi Sunak's will not generate as much disruption to the industry as manufacturers had... More

Tesla (TSLA) trial concerning an autopilot death begins in California

September 28, 2023 11:51 AM EDT

The first U.S. trial over allegations that Tesla's (NASDAQ: TSLA) Full Self-Driving (FSD) autopilot technology factored into to the death of a Tesla driver in a fatal accident. The outcome of this trial has the potential to establish important legal precedents for similar cases nationwide.

Taking place in a California state court, this trial is the result of a civil lawsuit alleging that the Autopilot system was responsible for causing Micah Lee's Model 3 to abruptly deviate from a highway just east of Los Angeles,... More

Lucid (LCID) opens EV factory in Saudi Arabia

September 27, 2023 2:10 PM EDT

Electric automaker, Lucid Group (NASDAQ: LCID) announced Wednesday the opening of the companys first international manufacturing plant. The facility is located in Saudi Arabia's Jeddah city and was constructed under a deal designed to help boost the Middle Eastern country's transition to... More

Morgan Stanley observes the UAW strike as Tesla (TSLA) influence 'looms larger that it appears'

September 27, 2023 11:05 AM EDT

Morgan Stanley remains bullish on Tesla (NASDAQ: TSLA) with an Outperform rating and a $400.00 price target on their Top Pick as the UAW continues to strike against the auto industry.

Morgan Stanley sees the UAW strike of 2023 as very similar to the 2019 strike against General Motors (NYSE: GM), but with a significant difference. Last time there was no viable alternative to domestic auto production outside of the Detroit 3 (GM, Ford, Stellantis).

In 2019, when the UAW went on strike for a grueling six weeks, Tesla (NASDAQ:... More

Deutsche Bank cuts Tesla (TSLA) Q3 estimates and warns that 2024 is 'at much larger risk'

September 27, 2023 5:54 AM EDT

Tesla's (NASDAQ: TSLA) Q3 deliveries and production figures could miss Street expectations, primarily due to global plant downtime for upgrades and Project Highland, according to Deutsche Bank analyst Emmanuel Rosner.

The analyst lowered Q3 delivery estimates to 440,000 units, a 6% sequential decrease from the previous estimate of 455,000 units.

Looking at 2024, however, we see considerable downside... More

Tesla (TSLA) is subject to EU Chinese anti-subsidy probe

September 26, 2023 10:55 AM EDT

The Financial Times reports Tuesday morning that Tesla (NASDAQ: TSLA), along with other European carmakers exporting from China, will be part of a probe by the EU into whether the country's electric vehicles industry is receiving unfair subsidies.

EU executive vice-president Valdis... More

Active options: TSLA AAPL NVDA AMZN AMD META MSFT RIVN NIO

September 26, 2023 9:51 AM EDT

Active options: TSLA AAPL NVDA AMZN AMD META MSFT RIVN NIO

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Tesla, United Natural Foods, Snap fall premarket; Fisker, DraftKings rise

September 26, 2023 8:09 AM EDT

Investing.com -- U.S. futures fell Tuesday, with investors dealing with the fallout from the Federal Reserve's hawkish policy update last week as well as a potential government shutdown.

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

Tesla (NASDAQ: TSLA) stock fell... More

Baird Notes Confusion Around Tesla (TSLA) Q3 Deliveries

September 26, 2023 7:39 AM EDT

(Updated - September 26, 2023 7:39 AM EDT)

Baird analyst Ben Kallo reiterated an Outperform rating and $300.00 price target on Tesla (NASDAQ: TSLA) after launching their delivery times and ASP tracker for Q3. The analyst said planned factory downtime and questions regarding demand have created... More

Tesla (TSLA) facing EU anti-subsidy probe over China exports; Shares dip

September 26, 2023 6:10 AM EDT

Tesla (NASDAQ: TSLA) and other European car manufacturers that export vehicles from China to the European Union (EU) will be included in the EU's investigation into whether China's electric vehicle industry is benefiting from unfair subsidies, according to the Financial Times.... More

Tesla to face EU anti-subsidy probe over China exports- FT

September 26, 2023 5:52 AM EDT

(Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.

(Reporting by Shivani Tanna in... More

Tesla (TSLA) to face EU anti-subsidy probe over China exports - FT

September 26, 2023 5:51 AM EDT

(Updated - September 26, 2023 5:52 AM EDT)

Tesla (TSLA) to face EU anti-subsidy probe over China exports - FT

Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's EV industry is receiving unfair... More

General Motors shares rebound, ending three-day losing streak

September 26, 2023 5:43 AM EDT

General Motors Co (NYSE: GM). saw its shares rise by 1.47% to $33.06 on Monday, marking an end to the company's three-day losing streak. The positive trading session also extended to the broader market, with the S&P 500 Index climbing 0.40% to reach 4,337.44 and the Dow Jones... More

Active options: TSLA NVDA AAPL AMZN AMD MPW META MSFT SE CHPT

September 25, 2023 3:03 PM EDT

Active options: TSLA NVDA AAPL AMZN AMD MPW META MSFT SE CHPT

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EU ministers reach compromise on vehicle emission regulations

September 25, 2023 2:37 PM EDT

European Union ministers reached a consensus on Monday to modify a European Commission proposition concerning new vehicle regulations. The decision came after eight countries, including France and Italy, expressed concerns that the proposed changes might redirect investments away from the electric vehicle industry.

The European Union has been progressively tightening emissions standards for road vehicles since 1992. The Commission's... More

Tesla (TSLA) 30-day option implied volatility below 60

September 25, 2023 10:43 AM EDT

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 57; compared to its 52-week range of 42 to 96.

... More

Global Equities Research Sees 'Monstrous' Q4 for Tesla (TSLA)

September 25, 2023 9:49 AM EDT

Global Equities Research analyst Trip Chowdhry reiterated an Overweight rating and $350.00 price target on Tesla (NASDAQ: TSLA), saying they expect a "monstrous" Q4 from the EV maker.

The analyst commented:

In 3Q'2023, the Fremont Factory shutdown was likely for only... More

Active options: TSLA AAPL NVDA AMZN META AMD PLTR NIO BABA

September 25, 2023 9:44 AM EDT

Active options: TSLA AAPL NVDA AMZN META AMD PLTR NIO BABA

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Active options: TSLA NVDA AAPL AMZN META AMD BABA MSFT F

September 22, 2023 1:33 PM EDT

Active options: TSLA NVDA AAPL AMZN META AMD BABA MSFT F

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Tesla (TSLA) option implied volatility as share price at $255

September 22, 2023 10:12 AM EDT

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 55; compared to its 52-week range of 42 to 96.

... More

Active options: TSLA NVDA META AMZN F AAPL BABA MSFT DKNG

September 22, 2023 9:48 AM EDT

Active options: TSLA NVDA META AMZN F AAPL BABA MSFT DKNG

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Tesla (TSLA) falls as UAW making progress in Ford labor talks

September 22, 2023 9:43 AM EDT

(Updated - September 22, 2023 9:44 AM EDT)

Tesla (NASDAQ: TSLA) is down 1% off the open following reports the UAW is expected to announce it made real progress with Ford in labor talks, according to Reuters.

today is the deadline to... More

Ark Invest founder questions Nvidia and Arm Holdings valuations amid AI focus

September 22, 2023 9:27 AM EDT

Cathie Wood, founder of Ark Invest, has recently expressed reservations about the valuations of Nvidia (NASDAQ: NVDA) and Arm Holdings (NASDAQ: ARM), despite Nvidia's presence in Ark's portfolio. This year, Wood significantly reduced Ark's stake in Nvidia due to concerns about overvaluation.

Wood discussed her investment strategy on CNBC's Squawk Box Europe program, particularly focusing on artificial intelligence (AI). She hinted at a potential overemphasis on AI... More

Barclays expects Tesla (TSLA) to report 3Q delivery miss

September 22, 2023 8:57 AM EDT

Barclays maintained their Equal Weight rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $260.00 on the EV stock ahead of the companys 3Q delivery results. Tesla is expected to report 3Q delivery results on October 3rd.

Analysts expect Tesla to report 3Q deliveries of 455k units, falling short of both the consensus forecast of 463,000 and... More

Barclays Sees Q3 Deliveries 'Miss' from Tesla (TSLA)

September 22, 2023 7:47 AM EDT

Barclays analyst Dan Levy reiterated an Equalweight rating and $260.00 price target on Tesla (NASDAQ: TSLA), saying he expects Q3 delivers to miss consensus.

The analyst commented, "Key takes: 1) Expect 3Q deliveries miss, 455k units vs cons. 463k; 2) 3Q production at 435k units, down... More