Tesla raises price of high-performance Model Y in China by 14,000 yuan
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Tesla (TSLA) shares dip as Panasonic announced production cut
October 30, 2023 2:29 PM EDTShares of electric vehicle maker, Tesla (NASDAQ: TSLA) dipped more than 5% Monday after Panasonic Holdings, a crucial supplier, revealed a reduction in automotive battery production during the September quarter. The announcement comes amidst growing concerns over a worldwide deceleration in EV sales.
Panasonic... More
Ford (F) to add 15k Tesla (TSLA) superchargers
October 30, 2023 12:10 PM EDTFord Motor (NYSE: F) announced Monday that the Detroit automaker will add north of 15,000 Tesla (NASDAQ: TSLA) Superchargers to the companys electric vehicle charging network, up from its earlier projection of 12,000 chargers.
The Detroit automaker said it plans to increase the scope of its BlueOval Charge Network in... More
Tesla (TSLA) workers refuse walkout as strike fails in Sweden
October 30, 2023 9:35 AM EDTIF Metall, a Swedish trade union, announced that Tesla (NASDAQ: TSLA) would face a strike initiated by its members this past Friday. The union highlighted Tesla's refusal to sign a collective bargaining agreement as the reason behind the action, potentially disrupting or severely impeding Tesla's operations in... More
Bernstein reiterates Underperform on Tesla (TSLA), says FY24 estimates remain 'too high'
October 30, 2023 8:44 AM EDTBernstein reiterated their Underperform rating on Tesla (NASDAQ: TSLA), with a 12-month price target of $150.00 on the electric vehicle stock, as analysts with the research company believe FY24 consensus margin and volume estimates remain too high.
Throughout this year, Tesla bulls have... More
Tesla (TSLA) not part of EU probe into Chinese subsidies
October 27, 2023 1:56 PM EDTThe south China Morning Post reports Friday that electric vehicle giant, Tesla (NASDAQ: TSLA) will not be a part of the European Unions investigation into subsidies granted by the Chinese government but may be subject to duties based on their own discovered... More
Hertz (HTZ) slows EV plans, faults Tesla (TSLA) price cuts and repair costs
October 27, 2023 9:13 AM EDTHertz Global (NASDAQ: HTZ) revealed during its 3Q earnings call on Thursday that the rental car company has decided to slow the process of electrifying the companys fleet after EV partner, Teslas (NASDAQ: TSLA) price cuts kneecapped the resale value of a majority of electric cars in the rental fleet by a third.
Our in-fleeting... More
Tesla (TSLA) reverses price cut on Model Y variant in China
October 27, 2023 8:29 AM EDTAccording to a local website, Tesla (NASDAQ: TSLA), on Friday, increased the cost of its Model Y Performance sport-utility vehicle in China by approximately $2,000, undoing a price cut put into effect back in August.
The top-tier version of the electric SUV now... More
