Tesla Raises Wages for German Workers Amid Union Pressure - WSJ

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Tesla (TSLA) sees jump in China registrations

November 7, 2023 3:57 PM EST

Tesla (NASDAQ: TSLA) defied the trend last week, recording a notable increase in new car registrations in China, as other major electric vehicle makers operating in the market saw a drop.

according to data compiled by CnEVPost, Tesla insurance registrations in China totaled 14,000 for the week ending Nov.... More

What needs to happen for Tesla (TSLA) shares to stop falling? Morgan Stanley weighs in

November 7, 2023 2:32 PM EST

Morgan Stanley remains bullish on Tesla (NASDAQ: TSLA) with an Overweight rating and a 12-month price target of $380.00 as the electric vehicle stock has traded down by more than 15% over the past 30 days.

The drop has impacted investor confidence, amplifying the movement in share prices. Recently, several suppliers linked to Tesla have commented on the notably reduced production forecasts for the 4Q of the year and early 2024.

Analysts at Morgan Stanley believe that investors, to prevent a potential downward shift in Tesla shares, need to maintain faith in the company's capacity... More

Britain says automakers will be liable for self-driving crashes, not owners

November 7, 2023 11:18 AM EST

The British government announced on Tuesday that, under a framework for advancing autonomous vehicles (AV), it would hold the manufacturers of self-driving cars legally responsible for any accidents, rather than the owners. A decision embraced by both insurance companies and AV startups.

King Charles outlined the government's legislative plan for the upcoming parliamentary session, revealing that an Automated Vehicles... More

Tesla (TSLA) Mentioned Positively at Morgan Stanley

November 6, 2023 4:42 PM EST

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $380.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "So what will the next price move be? We believe it will come down to whether or not Tesla is able... More

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