Tesla (TSLA) raises price of Model 3, Y variants in China

India invites bids for $960M battery production initiative

India is launching a bidding process for an 80 billion rupees ($960 million) incentive initiative aimed at fostering the production of electric vehicle batteries, according to insiders familiar with the matter.

The initiative mandates successful bidders to establish cutting-edge chemistry battery plants capable of generating a combined output of 20 gigawatt hours.

The government will... More

India considers 5yr tax cuts for imported EVs

India is contemplating a reduction in taxes for imported fully assembled electric vehicles for a duration of up to five years. This move is aimed at attracting companies like Tesla Inc. (NASDAQ: TSLA) to market and, in the future, manufacture their electric cars within the country.

According to a Bloomberg report, citing unnamed sources, the Indian government is actively formulating an EV policy that... More

Britain's EG Group to acquire 20K Tesla chargers

EG Group announced Monday that the British gas station operator will acquire Tesla (NASDAQ: TSLA) ultra-fast charging units in a move aimed at enhancing electric vehicle charging throughout Europe, and aligning with Tesla's efforts to broaden its charging business.

EG Group, under the ownership of... More

SAIC-GM partner with Tesla (TSLA) for supercharger access in China

SAIC-GM, a joint venture between SAIC Motor and General Motors (NYSE: GM), announced its plans to join forces with Tesla (NASDAQ: TSLA) for access to the EV automakers Supercharger Network by the close of 2023.

This groundbreaking collaboration positions SAIC-GM as the first... More

Tesla (TSLA) 'can't possibly be matched' billionaire investor Ron Baron tells CNBC

Billionaire investor Ron Baron told CNBC on Friday that he is sticking with his long-time position in electric car giant Tesla (NASDAQ: TSLA), alongside CEO Elon Musk's leadership, due to his cost-consciousness.

Baron said in an interview with CNBC's "Squawk Box" that... More

Tesla (TSLA) recalls Model X,S due to improper airbags

According 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

Walt Disney, Affirm, AMC Entertainment, Twilio rise premarket; Lyft, Tesla fall

Investing.com -- U.S. futures traded in a muted fashion Thursday, as investors awaited a speech by Fed Chair Jerome Powell while digesting more quarterly earnings.

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

Walt Disney (NYSE:... More

HSBC starts Tesla stock coverage at Sell, sees 35% downside risk; Shares dip

HSBC analysts led by Michael Tyndall initiated research coverage on Tesla (NASDAQ: TSLA) stock with a Reduce rating and a $146 per share price target.

The target implies nearly 35% downside risk from Wednesdays closing price. HSBCs valuation model assumes that Teslas businesses like FSD, Dojo, and Optimus are all successful by 2030.

We think,... More

Tesla to recall 159 Model S, X vehicles - NHTSA

(Reuters) - Tesla will recall 159 Model S and Model X cars due to the possibility of the driver air bag deploying incorrectly, which increases the risk of an injury during a crash, according to a notice by the National Highway Traffic Safety Administration (NHTSA) on Thursday.

... More

HSBC Starts Tesla (TSLA) at Reduce

(Updated - November 9, 2023 4:01 AM EST)

HSBC analyst Michael Tyndall initiates coverage on Tesla (NASDAQ: TSLA) with a Reduce rating and a price target of $146.00.

The analyst comments "We use a 50:50 blend of DCF and peer (global tech companies) multiples.... More

Active options: TSLA AAPL RIVN NVDA RBLX AMD AMZN MSFT WBD UPST

Active options: TSLA AAPL RIVN NVDA RBLX AMD AMZN MSFT WBD UPST

Rivian (RIVN) gains 4% after market following raised production forecasts

Rivian (NASDAQ: RIVN) raised their yearly production forecasts by 2,000 vehicles to reach 54,000 units as demand for the automakers electric trucks sent the companys shares up 4% in volatile after-hours trading on Tuesday.

Rivian's optimistic forecast serves as a positive for an industry grappling with the challenges of elevated inflation, which has dampened... More

Tesla (TSLA) sees jump in China registrations

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

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

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

Active options: TSLA AMZN NVDA AAPL UBER DDOG MSFT SNOW AMD PLTR

Active options: TSLA AMZN NVDA AAPL UBER DDOG MSFT SNOW AMD PLTR

This is why Morgan Stanley just reduced its exposure to 'poor performing' Tesla shares

Morgan Stanley investment strategists led by Denny Galindo made a series of changes to the banks U.S. All Cap Growth Model Portfolio.

While the bank added a position in Block (NYSE: SQ) and increased its exposure to Alphabet (NASDAQ:... More

Morgan Stanley makes changes to the US All Cap Growth Model Portfolio

Morgan Stanley strategist Denny Galindo on changes made to the US All Cap Growth Model Portfolio.

"Adding a position in Block Inc. (SQ) due to its leading payments business with economies of scale and recurring revenue, attractive valuation, and to increase the Model's beta and Financials... More