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StreetInsider.com Top Tickers, 6/12/2026
- S&P, Dow edge higher on Mideast deal hopes; SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
U.S. DOJ seeks Tesla (TSLA) documents on driving range
October 23, 2023 10:12 AM EDTTesla (NASDA: TSLA) revealed Monday that the U.S. Department of Justice (DOJ) is seeking documents from the automaker related to the driving range of the companys electric vehicles. The revelation follows reports that the company allegedly exaggerated their potential distance... More
Tesla (TSLA) discloses DOJ requests for information on 'personal benefits'
October 23, 2023 9:47 AM EDTTesla (NASDAQ: TSLA) confirmed in its quarterly SEC report that the electric automaker has received requests for documents from United States Department of Justice (DOJ) including subpoenas regarding certain matters associated with personal benefits, related parties, vehicle range and personnel decisions.
The company is required to report any contacts with government agencies regarding... More
US EV sales skyrocket in 3Q, China expands reach
October 20, 2023 8:41 AM EDTAccording to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.
The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More
Tesla (TSLA) raises price of Model X Plaid by $5K
October 20, 2023 8:10 AM EDTTesla's (NASDAQ: TSLA) Model X Plaid all-wheel drive in the United States now stands at $94,990, up from $89,990 according to the electric vehicle maker's website on Thursday.
The price adjustment follows CEO Elon Musk's recent remarks about maintaining demand through price reductions, despite expressing... More
Toyota (TM) adopts Tesla’s (TSLA) NACS
October 19, 2023 4:25 PM EDTToyota (NYSE: TM) announced Thursday, the Japanese automakers North American segment has reached an agreement with Tesla (NASDAQ: TSLA) to adopt the electric vehicle giants North American Charging Standard (NACS) connection for its battery electric vehicles... More
Tesla (TSLA) PT Lowered to $275 at Deutsche Bank
October 19, 2023 10:52 AM EDTDeutsche Bank analyst Emmanuel Rosner lowered the price target on Tesla (NASDAQ: TSLA) to $275.00 (from $285.00) while maintaining a Buy rating.
The analyst comments "In the near term, we continue to believe worries over limited 2024 growth and expected drag from Cybertruck could dampen investor sentiment,... More
Chinas CATL reports severe drop in profit growth as EV demand weakens
October 19, 2023 10:12 AM EDTChina's CATL, the leading global battery manufacturer for electric vehicles (EV), announced on Thursday that its third-quarter profits had grown by 10.7%, representing the companys slowest quarter since the beginning of last year. Management attributes the slowdown to a combination of reduced demand and intensified competition.
This growth figure stands in stark contrast to the 63.2% profit increase in the previous quarter and the substantial 188.4% surge experienced in the third quarter of 2022.
Recent data revealed that CATL witnessed a decline... More
