This is why Morgan Stanley just reduced its exposure to 'poor performing' Tesla shares
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Tesla (TSLA) raises price of Model 3, Y variants in China
November 9, 2023 9:29 AM ESTTesla (NASDAQ: TSLA) China announced on Thursday a slight price adjustment for its Model 3 and Model Y Long Range variants.
The Model 3 Long Range received a RMB 1,500 ($206) price increase, now starting at RMB 297,400 ($40,819), while the Model Y Long Range saw a price adjustment of RMB 2,500... More
Tesla (TSLA) recalls Model X,S due to improper airbags
November 9, 2023 8:22 AM ESTAccording to a notice by the National Highway Traffic Safety Administration on Thursday, electric vehicle maker, Tesla (NASDAQ: TSLA) is recalling 159 Model S and Model X cars due to an issue concerning the vehicles airbag systems.
According to the notice, the... More
Tesla (TSLA) sees jump in China registrations
November 7, 2023 3:57 PM ESTTesla (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 ESTMorgan 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 ESTThe 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
