Tesla (TSLA) disputes $230M attorney fee stemming from board pay lawsuit

Tesla (TSLA) pushes US to adopt stricter fuel efficiency rules

Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.

In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More

Tesla (TSLA) recalls 55K Model x EVs

The National Highway Traffic Safety Administration (NHTSA) announced Tuesday that Tesla (NASDAQ: TSLA) will be recalling 54,676 Model X vehicles produced from 2021 to 2023 due to a potential issue with the vehicle controller, which may not properly detect low brake fluid and subsequently fail to... More

Is Tesla (TSLA) a Buy or a Sell ahead of 3Q results? This prominent analyst weighs in

(Updated - October 16, 2023 5:29 AM EDT)

As Tesla (NASDAQ: TSLA) prepares to release its 3Q earnings report on Wednesday, investors are mulling over whether they should buy, sell, or hold their shares of the automotive stock.

Tesla shares lost 3.6% last week and are down a further 1% in early Monday trade.

Analysts at Morningstar value the electric automaker at $215.00, below the companys current share price of approximately $250.00 on Friday.

Morningstar utilizes a weighted average cost of capital of slightly below 9% to establish their Fair Value estimate. Additionally, their equity valuation... More

Is Tesla (TSLA) a car or tech company?

Tesla (NASDAQ: TSLA) holds the position of the 7th largest stock based on market capitalization in the United States, and is arguably one of the most hotly debated stocks.

Both the company and its CEO, Elon Musk, attract a significant amount of media attention, making them prominent topics of discussion and debate. However, at the core of the debate is the question of whether Telsa is a car company or a technology company.

Thanks to Tesla's continuous technical innovations, the electric vehicle manufacturer has managed to maintain a cost advantage, resulting in... More

Tesla (TSLA) October option IV bid into quarter results and outlook

Tesla (NASDAQ: TSLA) October call option implied volatility is at 65, November is at 51; compared to its 52-week range of 42 to 96 into the expected release of quarter results after the bell on October 18.

Active options: TSLA NVDA JPM AMZN AMD AAPL BAC META CHPT

Active options: TSLA NVDA JPM AMZN AMD AAPL BAC META CHPT

Tesla fights $230 million fee sought by attorneys who sued over board pay

By Tom Hals

WILMINGTON, Delaware (Reuters) -Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a settlement in a dispute over director pay, and the company recommended a fee of $64 million instead.

The maker of electric vehicles called the fee request an "unwarranted windfall" that works out to an hourly rate of $10,690, among the highest fee requests ever in Delaware's Court of Chancery, a key venue for shareholder lawsuits.

Kathaleen McCormick, chief judge on the court, heard about two hours of... More

Tesla (TSLA) October 260 straddle into quarter results

Tesla (NASDAQ: TSLA) October 260 straddle is priced for a move of 7.5% into the expected release of quarter results after the bell on October 18.

Tesla (TSLA) will offer increased pay to employees at German facility

Electric vehicle giant, Tesla (NASDAQ: TSLA) announced Thursday that company plans to increase the pay for its workers at its facility in Germany, where unions have said they earn below the industry average.

The company plans to disclose the exact details of the pay raise... More

Tesla (TSLA) option IV steady as share price down 1.5%

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

Auto report shows surge in EV sales as Tesla's (TSLA) market share shrinks

According to a report from Cox Automotive released on Thursday, 3Q saw a notable surge in electric vehicle sales, surpassing 300,000 units in the United States. However, Tesla (NASDAQ: TSLA), the dominant player in the industry, experienced a drop in its market share to its lowest point on record.

Tesla's market dominance has shrunk to 50%, down from the 62% the company commanded in the 1Q.

This shift occurred despite... More

Tesla to offer German workers pay rise this year

BERLIN (Reuters) - Tesla said on Thursday it will offer a pay rise to workers at its German plant, where unions have said they earn below the industry average.

The U.S. electric vehicle maker said it will inform staff in November of the level of the pay rise, adding it raised wages by 6% last year.

Tesla, unlike... More

Tesla (TSLA) ad spotted at international airport

Tesla (NASDAQ: TSLA) has refrained from spending money on advertising in the past and has only recently indicated plans to test the ad waters earlier this year. However, since the announcement of the automakers intent to promote its cars, several of the company's advertising campaigns have started to appear in... More

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Active options: TSLA AMZN NVDA AAPL AMD PLTR META MSFT DAL

XPEL, Inc. (XPEL) Responds to Blog Publication Regarding Tesla's New Film Protection Offerings

Yesterday, a blog post was published stating that Tesla (NASDAQ: TSLA) has started offering color and clear paint protection film wraps in two of their Service Centers in California. Subsequently, XPEL, Inc. (NASDAQ: XPEL) has had numerous... More

EF Hutton Says Buy Xpel inc. (XPEL), 'Stock Down on Tesla News', 'could achieve a 12% pre-load rate of PPF on new Rivians'

EF Hutton analyst Tim Moore reiterated a Buy rating and $104.00 price target on Xpel inc. (NASDAQ: XPEL).

The analyst comments " We believe that XPEL's current relationship with Tesla will be maintained for volumes into late 2024 and the worst case scenario could be the loss of 7% of total sales for XPEL afterwards. However, in our view, we do not expect this worst case scenario to occur because it is more challenging to install color tints (black, red, blue,... More

Tesla (TSLA) confirms battery cell milestone

Electric vehicle giant, Tesla (NASDAQ: TSLA) announced on "X", formerly Twitter, Wednesday that the automaker has reached a new 4680 battery cell production milestone as it built its 20 millionth cell at Gigafactory Texas.

In only four months, Tesla managed to double its overall count of... More

Active options: TSLA NVDA AAPL META AMZN XOM AMD CHPT PLTR

Active options: TSLA NVDA AAPL META AMZN XOM AMD CHPT PLTR

Idra builds gigapress casting machine for Ford (F) and Hyundai

Idra, a manufacturer of aluminum casting machines in Italy and a supplier to Tesla (NASDAQ: TSLA), has expanded its customer roster to include Ford (NYSE: F), Hyundai, and a European company, reflecting the growing interest among automakers in... More

Active options: TSLA NVDA AMZN AAPL PLTR META XOM AMD PLUG

Active options: TSLA NVDA AMZN AAPL PLTR META XOM AMD PLUG