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

Lucid (LCID) becomes latest to adopt Tesla (TSLA) charging standard

November 6, 2023 4:32 PM EST

Electric automaker, Lucid (NASDAQ: LCID) announced Monday that, starting in 2025, the company will integrate Teslas (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into their electric vehicles.

All lucid vehicles built with the current Combined... More

Tesla (TSLA) announces wage hikes at giga Berlin amid union pressure

November 6, 2023 7:59 AM EST

Tesla (NASDAQ: TSLA), late last week revealed a set of wage hikes for workers at its Gigaplant in the outskirts of Berlin.

The move follows a visit by the electric automakers CEO, Elon Musk, where management also announced the facility has been chosen to build the companys next-generation model.

Tesla has faced pressure in Germany from the influential IG Metall union, which is striving to organize the plant and secure a union contract... More

Tesla (TSLA) to build $25k EV at Giga Berlin

November 3, 2023 2:54 PM EDT

Tesla (NASDAQ: TSLA) CEO, Elon Musk visited the company's gigafactory in Berlin Friday where the multi-billionaire gave an update on the plant's aesthetic design and outlined the manufacturing strategy for a forthcoming affordable $25,000 electric vehicle aimed at the mass market.

Musk is known for his frequent visits to Tesla's production plants, where he oversees the progress... More

Morgan Stanley calls Tesla (TSLA) Semi a 'threat' to OEMs worldwide

November 3, 2023 10:07 AM EDT

Morgan Stanley conducted a comparative analysis of the Tesla (NASDAQ: TSLA) Semi and existing heavy-duty BEV trucks. Analysts expect the Tesla Semi to offer a competitive payload, creating a highly efficient, long-range, fast-charging, software-driven Class 8 truck.

This poses a threat to Truck OEMs worldwide, wrote Morgan Stanley analysts in a note. However, they see Volvo as the best protected OEM in this segment.

Volvo... More

Tesla's Oct China-made EV sales fall 2.6% from Sept

November 2, 2023 5:06 AM EDT

BEIJING/SHANGHAI (Reuters) - U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday.

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

Chinese rival BYD, which makes EVs and hybrid models from its Dynasty and Ocean series, delivered 301,095 passenger vehicles in October, up 5% from September and a 38.4%... More

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November 1, 2023 2:53 PM EDT

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Tesla (TSLA) said mentioned positive

November 1, 2023 9:33 AM EDT

Tesla (NASDAQ: TSLA) was said mentioned positively at Yipitdata

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Musk says Tesla aims to make 200,000 Cybertrucks a year

October 31, 2023 4:47 PM EDT

(Reuters) - Tesla is aiming to make 200,000 units of its electric pickup truck, Cybertruck, per year, Chief Executive Officer Elon Musk said on Tuesday.

The company had earlier said that Tesla had the capacity to make more than 125,000 Cybertrucks annually, with Musk adding there was potential to lift it... More

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October 31, 2023 2:46 PM EDT

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Tesla (TSLA) option IV flat amid $8 intra-day price movement into end of month

October 31, 2023 2:38 PM EDT

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 51; compared to its 52-week range of 42 to 96 amid $8 intra-day price movement into end of month.

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Tesla (TSLA) wins Autopilot trial involving fatal crash

October 31, 2023 2:30 PM EDT

Tesla (NASDAQ: TSLA), on Tuesday, achieved its first successful outcome in a U.S. trial regarding accusations that its Autopilot driver assistant feature resulted in a fatality. This marks a significant win for Tesla, given the number of similar lawsuits it is currently confronting nationwide.

The lawsuit, which took place in a California state court, was initiated by two passengers involved in a 2019 accident, alleging that Tesla was... 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

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October 31, 2023 9:57 AM EDT

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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