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- Alphabet added to Dow Jones Industrial Average, Verizon dropped
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- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
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Swedish union offers pay to Tesla (TSLA) employees willing to join strike
November 14, 2023 1:53 PM ESTSwedish trade union, IF Metall is offering Tesla (NASDAQ: TSLA) Sweden employees compensation to encourage their participation in the union's ongoing strike.
Entering its third week, the Tesla Sweden strike has garnered considerable backing from prominent national organizations. However, it has not yet gained substantial support from the individuals most impacted: Tesla... More
Tesla (TSLA) remains a 'Top Pick' at Morgan Stanley post UAW
November 14, 2023 11:30 AM ESTMorgan Stanley reiterated Tesla (NASDAQ: TSLA) as one of their Top Picks with an Overweight rating, and a 12-month price target of $380.00, after the UAW made historic gains during labor contract negotiations with Detroits Big Three automakers.
Gains which saw to the revival of Cost of Living Adjustments (COLA) in the industry.
COLA was seen as a no fly zone for car companies heading into UAW negotiations. The indefinite nature of COLA introduces unpredictability into long-term labor inflation forecasts.
According to Ford, the UAW contract contributes an additional $850 to $900 per unit to the... More
Goldman Sachs sees Tesla (TSLA) as a potential leader in AI-related tech
November 14, 2023 10:20 AM EST(Updated - November 14, 2023 10:36 AM EST)
Goldman Sachs reiterated a Neutral rating on Tesla Inc. (NASDAQ: TSLA), with a 12-month price target on the EV stock of $235.00, as the company continues to develop its AI and Full Self-Driving (FSD) capabilities.
Investor interest in Tesla's AI potential has surged recently, drawing increased attention. This outlook has been a central focus for... More
