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

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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, BioNTech, Berkshire Hathaway rise premarket; Dish Network fall

November 6, 2023 7:49 AM EST

Investing.com -- U.S. futures edged higher Monday, as investors awaited the release of more quarterly corporate earnings as the new week starts with a positive tone.


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



Tesla (NASDAQ: TSLA) stock rose 1.9% after Reuters reported that the... More

Tesla (TSLA) adds 3% on report it plans to build a 25,000 euros car at its Berlin plant

November 6, 2023 5:07 AM EST

Tesla (NASDAQ: TSLA) shares added almost 3% in pre-market Monday trade after Reuters reported that the company is preparing to manufacture a new electric vehicle (EV) model with a targeted price of 25,000.

The intention to introduce this new model was reportedly communicated by... More

Tesla Raises Wages for German Workers Amid Union Pressure - WSJ

November 6, 2023 4:29 AM EST

Tesla (NASDAQ: TSLA) Raises Wages for German Workers Amid Union Pressure - WSJ

... More

Tesla to build 25,000-euro car in Germany - source

November 6, 2023 2:27 AM EST

By Victoria Waldersee

BERLIN (Reuters) -Tesla plans to build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars.

The source, who declined to be named, did not say when production would begin.

Tesla declined to comment. Its shares were up 3% in pre-market trading in the United States at 0910 GMT.

The steep price tag of electric cars - compounded by high interest rates - is one of several... More

Tesla raises wages 4% for German workers amid union pressure - WSJ

November 5, 2023 6:51 PM EST

(Reuters) -Tesla's management in Germany late last week informed 11,000 workers they will receive a 4% wage raise effective in November, The Wall Street Journal reported on Sunday, where unions have previously said they earn below the industry average.

The U.S. electric maker will also pay a 1,500 euro ($1,609) bonus... 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

Active options: TSLA AAPL NVDA PLTR SQ BAC AMZN AMD CHPT F

November 3, 2023 10:04 AM EDT

Active options: TSLA AAPL NVDA PLTR SQ BAC AMZN AMD CHPT F

... More

Tesla's Semi is a threat to Truck OEMs worldwide - Morgan Stanley

November 3, 2023 6:50 AM EDT

Morgan Stanley analyst Shaqeal Kirunda on Tesla (NASDAQ: TSLA).

The analyst commented: "We benchmarked the Tesla Semi against incumbent heavy duty BEV trucks. We expect the Tesla Semi to deliver a competitive payload, creating a highly efficient, high range, fast charging,... More

Active options: TSLA AAPL NVDA PLTR AMD AMZN PYPL META

November 3, 2023 5:25 AM EDT

Active options: TSLA AAPL NVDA PLTR AMD AMZN PYPL META

... More

UAW eyes Toyota (TM) as a target for unionization

November 2, 2023 1:54 PM EDT

Leaders at the United Auto Workers (UAW) union signaled Thursday that they intend to further leverage the union's recent achievements in negotiations with the Detroit Three by organizing drives at Toyota (NYSE: TM), Tesla (NASDAQ: TSLA) and other nonunion U.S. auto factories.

Toyota Decided, following the concessions made by... More

Active options: TSLA NVDA PLTR AMD AAPL AMZN PYPL ROKU SOFI META

November 2, 2023 9:55 AM EDT

Active options: TSLA NVDA PLTR AMD AAPL AMZN PYPL ROKU SOFI META

... More

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

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