Tesla (TSLA) wins Autopilot trial involving fatal crash

Tesla (TSLA) delivers 72K China-made EVs in October; down 2.6% M/M

November 2, 2023 8:37 AM EDT

The China Passenger Car Association, Thursday, released Tesla's (NASDAQ: TSLA) October 2023 delivery results, announcing that the electric automaker delivered 72,115 China-made electric vehicles in the month, down 2.6% M/M.

Sales of China-made Model 3 and Model Y cars edged up 0.6% from a year... More

Deutsche Bank says losses may extend but will not derail EV transition

October 31, 2023 1:59 PM EDT

As emerging electric and legacy automakers voice concerns over what appears to be a deceleration of demand for battery electric vehicles, Deutsche Bank research analysts believe the existing BEV losses may extend but will not halt the industrys movement towards an EV transition.

During our IAA conference there was a debate if BEV adoption is slowing. This has now become a full blown concern about a potential EV demand meltdown. Writes Deutsche Bank analysts in a... More

Tesla wins Autopilot trial involving fatal crash

October 31, 2023 1:35 PM EDT

Tesla wins Autopilot trial involving fatal crash

Tesla on Tuesday won U.S. trial over allegations that its Autopilot driver assistant feature led to a death.Jury found there was not a manufacturing defect in the system.The case, in a California state court, was... More

Tesla wins first US Autopilot trial involving fatal crash

October 31, 2023 1:34 PM EDT

By Dan Levine and Hyunjoo Jin

(Reuters) -Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the automaker as it faces several other lawsuits and federal investigations related to the same technology.

The verdict represents Tesla's second big win this year, in which juries have declined to find that its software was defective. Tesla has been testing and rolling out its Autopilot and more advanced Full Self-Driving (FSD) system, which Chief Executive Elon Musk has touted as crucial to his company's... More

Toyota (TM) to invest additional $8B in North Carolina EV battery plant

October 31, 2023 11:07 AM EDT

Toyota Motor (NYSE: TM), on Tuesday, announced that the Japanese automaker will make an additional $8B investment alongside the creation of approximately 3,000 new jobs, at its North Carolina electric-vehicle battery production facility.

The investment amplifies the Japanese automaker's efforts to transition... More

Active options: TSLA NVDA F AMZN PINS AMD META AAPL SOFI

October 31, 2023 9:57 AM EDT

Active options: TSLA NVDA F AMZN PINS AMD META AAPL SOFI

... More

Pfizer, Tesla, Caterpillar, JetBlue fall premarket; Pinterest, Arista rise

October 31, 2023 8:05 AM EDT

Investing.com -- U.S. futures edged higher Tuesday, ahead of the start of the latest two-day policy meeting of the U.S. Federal Reserve.

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

Pfizer (NYSE: PFE) stock fell 0.2% after the drugmaker reported its first quarterly... More

Active options: TSLA AMZN NVDA AAPL SOFI F META GOOGL AMD PLTR PFE

October 30, 2023 4:11 PM EDT

Active options: TSLA AMZN NVDA AAPL SOFI F META GOOGL AMD PLTR PFE

... More

Tesla (TSLA) shares dip as Panasonic announced production cut

October 30, 2023 2:29 PM EDT

Shares 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 EDT

Ford 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

Active options: TSLA AMZN SOFI NVDA F AAPL AMD GM META COIN

October 30, 2023 9:42 AM EDT

Active options: TSLA AMZN SOFI NVDA F AAPL AMD GM META COIN

... More

Tesla (TSLA) workers refuse walkout as strike fails in Sweden

October 30, 2023 9:35 AM EDT

IF 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 EDT

Bernstein 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

'FY 24 estimates remain (way) too high' - Bernstein

October 30, 2023 5:51 AM EDT

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

The analyst commented: "For FY 24, we believe Tesla will likely see lower margins AND disappoint on volumes, and we are significantly below consensus... So do... More

Tesla (TSLA) 30-day option implied volatility steady

October 30, 2023 4:07 AM EDT

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

... More

Tesla (TSLA) not part of EU probe into Chinese subsidies

October 27, 2023 1:56 PM EDT

The 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

Shares fall after Ford (F) cuts FY23 forecast on wider EV losses

October 27, 2023 11:22 AM EDT

Ford Motor (NYSE: F) shares plummeted 6% during Friday's pre-market trading session following a report of increased losses in its electric-vehicle (EV) division.

The Detroit automaker attributed the losses to intensified competition triggered by Tesla's (NASDAQ: TSLA) aggressive pricing strategies.

Additionally, Ford retracted its 2023 projection, citing uncertainties surrounding... More

Hertz (HTZ) slows EV plans, faults Tesla (TSLA) price cuts and repair costs

October 27, 2023 9:13 AM EDT

Hertz 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 EDT

According 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

Satori's Dan Niles says he covered shorts in Tesla and Apple, looks to re-short higher

October 27, 2023 6:05 AM EDT

Dan Niles, a prominent hedge fund manager, said on the social media platform X that while he covered shorts in Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL), he is still looking to reshort higher.

Tesla shares are trading in a... More

Dan Niles says he covered shorts in Tesla and Apple, looks to re-short higher

October 27, 2023 4:41 AM EDT

Satori Fund's Dan Niles on his recent tech trades: "Magnificent 7 recap: 1) we own $MSFT & $NVDA for AI, 2) covered shorts in $TSLA (earlier) & $AAPL today but looking to reshort higher, 3) no position in $META but looking to buy, 4) sold $GOOGL 5) own $AMZN for surging profits. Covered shorts now... More