Great Wall Motor responds to EU anti-subsidy probe

Tesla (TSLA) begins deliveries of new Model 3+ 'Highland' in the Netherlands

Tesla (NASDAQ: TSLA) has begun deliveries of their Model 3+ "Highland" electric vehicle in the another European country as drivers from the Netherlands report receiving their newly-designed vehicles this morning.

Following the earlier launch of the Model 3+ by Tesla a few months back, deliveries officially kicked off earlier this month, putting an end to months of speculation surrounding the timeline for the automaker's release... More

bp Pulse (BP) announces $100M EV charging deal with Tesla (TSLA)

bp (NYSE: BP) announced Thursday morning that the oil and gas companys EV charging business, bp Pulse, has struck a deal with electric automaker, Tesla (NASDAQ: TSLA) to acquire ultra-fast charging hardware units from the automaker for $100M.

According to the announcement, starting in 2024, the Tesla chargers will be deployed at key sites across the bp family... More

Lawyer says Tesla (TSLA) knew of autopilot steering fault before fatal crash

During closing arguments in a California state court on Tuesday, an attorney involved in a lawsuit against Tesla (NASDAQ: TSLA), pertaining to a fatal accident, highlighted an internal safety analysis conducted by the company. The analysis revealed that Tesla was aware of a steering malfunction in its Autopilot driver assistant feature approximately two years prior.

This revelation occurred in the first U.S. trial that addresses allegations of Autopilot's involvement in a fatal incident. The plaintiffs are collectively seeking a jury award of $400 million, not including punitive damages. The verdict... More

XPeng (XPEV) introduces 7-seat X9 at 2023 Tech day

Chinese electric vehicle maker, XPeng (NYSE: XPEV) held its fifth annual Tech Day in Guangzhou on Tuesday where the automaker revealed a series of innovative technological milestones and pioneering industry accomplishments.

This years event showcased the most recent progressions in XPENG's XNGP ADAS, smart cabin system, powertrain system, electrical and electronic architecture, smart manufacturing, flying car, and robot technology.

However, the highlight of the event was the grand introduction of the... More

Active options: TSLA MARA NVDA RIOT COIN AAPL NFLX VZ AMD

Active options: TSLA MARA NVDA RIOT COIN AAPL NFLX VZ AMD

Bernstein reiterates Underperform on Tesla (TSLA) following 3Q cost reductions

Bernstein reiterated an Underperform rating on Tesla (NASDAQ: TSLA)with a 12-month price target of $150.00 on the electric automakers stock following the companys 3Q report and earnings call.

The automaker reported a disappointing 3Q with average COGS per car declining $2.5k from 39.2k in 3Q22 to $36.7k in 3Q23. Tesla bulls are holding on to... More

Tesla aware of Autopilot steering malfunction before fatal crash -lawyer

By Dan Levine and Hyunjoo Jin

(Reuters) - An attorney suing Tesla over a fatal accident cited an internal safety analysis conducted by the company that showed it knew about a steering malfunction in its Autopilot driver assistant feature about two years earlier.

The disclosure came during closing arguments on Tuesday in a California state court in the first U.S. trial over allegations that Autopilot led to a death. The plaintiffs are seeking a combined $400 million jury award, excluding punitive damages. The trial's outcome could help shape similar cases across the country.

The civil lawsuit... More

Tesla's relative cost reductions this year are much less than might appear - Bernstein

Bernstein analyst Toni Sacconaghi reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA).

The analyst commented: "Amid a disappointing quarter for Tesla, investors (and the company) have highlighted cost reductions as a silver lining. Tesla's average COGS per car has declined $2.5k from $39.2k... More

U.S. DOJ seeks Tesla (TSLA) documents on driving range

Tesla (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

Active options: TSLA AAPL NVDA AMZN AMD NFLX PLTR BAC T MARA

Active options: TSLA AAPL NVDA AMZN AMD NFLX PLTR BAC T MARA

Tesla (TSLA) discloses DOJ requests for information on 'personal benefits'

Tesla (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

Chevron, Apple, Tesla fall premarket; Walgreens, Pinterest rise

Investing.com -- U.S. futures fell Monday, pressured by rising bond yields ahead of quarterly earnings from a number of tech giants this week.

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

Hess (NYSE: HES) stock rose 0.8% and... More

US Justice Department issues subpoenas to Tesla in ongoing probes

By Aditya Soni and David Shepardson

(Reuters) -The U.S. Justice Department has sought documents and issued subpoenas to Tesla as it scrutinizes the automaker's driver assistance system Autopilot and vehicle driving range, among other issues, the company said on Monday.

Tesla said in a regulatory filing it has received requests for information "including subpoenas, from the DOJ. These have included requests for documents related to Teslas Autopilot and FSD features" and other requests "associated with personal benefits, related parties, vehicle range and personnel decisions."

Treasury yields, Foxconn, tech earnings - what's moving markets

Investing.com -- Rising U.S. Treasury yields continue to weigh on stock markets at the start of a week that includes the release of earnings from a number of tech giants. Crude slips back as aid enters Gaza, while Apple is under pressure as its main supplier, Foxconn, faces a tax probe in China.

U.S. bond yields are on the rise again, with the yield on the benchmark 10-year Treasury back up to 4.969% on Monday, just short of... More

Active options: TSLA NVDA AAPL AMZN AMD BAC META NFLX PLTR MSFT

Active options: TSLA NVDA AAPL AMZN AMD BAC META NFLX PLTR MSFT

Tesla (TSLA) option implied volatility flat as share price lower after quarter results

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 50, November is at 52; compared to its 52-week range of 42 to 96.

SunCar (SDA) launches online insurance solution for Li Auto (LI) customers

Auto-insurance provider and intermediator, SunCar Technology Group (NASDAQ: SDA) announced Friday that it has launched an online insurance solution for Li Auto (NASDAQ: LI) electric vehicle drivers.

Available through the Li Auto car owners' app, SunCar now provides a range of online insurance options, such as H5 on mobile, enabling car owners to swiftly and conveniently compare and buy auto... More

Active options: TSLA NVDA AAPL AMZN NFLX AMD BAC

Active options: TSLA NVDA AAPL AMZN NFLX AMD BAC

US EV sales skyrocket in 3Q, China expands reach

According 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

Tesla'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

Tesla (TSLA) PT Lowered to $210 at DZ Bank

DZ Bank analyst Matthias Volkert lowered the price target on Tesla (NASDAQ: TSLA) to $210.00 (from $230.00) while maintaining a Sell rating.... More