Tesla (TSLA) ready to invest $2B to build in India

Tesla China (TSLA) insurance registrations reach 16.7K in November’s 4th week

Tesla (NASDAQ: TSLA) China's insurance registrations show a slight increase in the week ending November 26, with a recorded count of 16,700 across the nation. This marks a 2.45% rise from the preceding week's figure of 16,300.

To provide context, the first week of November logged 14,000 insurance registrations, followed by 12,700 in the second week.

Tesla China... More

Wedbush maintains Outperform on Tesla (TSLA) ahead of 'historical' launch event

Wedbush reiterated an outperform rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $310.00 on the stock as the electric automaker prepares for their much-anticipated Cybertruck delivery event this Thursday at the companys Austin gigafactory.

This is another historical moment for Tesla and Musk with the Cybertruck unveil as the Street is excited to see the formal vehicle launch, Wrote Wedbush analysts in a note.

Although the electric automaker has not... More

Swedish agency threatened with fines for withholding Tesla (TSLA) license plates

Ongoing efforts by unions in Sweden to pressure Tesla (NASDAQ: TSLA) into signing a collective agreement have developed into a lawsuit filed by the electric automaker accusing two Swedish agencies of refusing to issue license plates.

Over the weekend, Tesla Sweden initiated lawsuits against the country's... More

Tesla (TSLA) exec releases Cybertruck event details

Martin Viecha, the Head of Tesla (NASDAQ: TSLA) Investor Relations (IR), has shared crucial insights regarding the upcoming first delivery event for the Cybertruck.

This event, scheduled to take place at Gigafactory Texas on Thursday, November 30, 2023, will differ from previous Tesla gatherings like the Cyber Rodeo, with the most... More

Tesla (TSLA) sues Swedish Govt over blocked license plates

Business daily Dagens Industri reported Monday morning that electric automaker, Tesla (NASDAQ: TSLA) has filed a lawsuit against the Swedish government's Transport Agency due to a workers' strike impeding the issuance of license plates for its new vehicles, as per a report... More

BYD launches flagship Han sedan in UAE

Chinese electric car manufacturer BYD announced Friday the debut of its premier Han sedan in the United Arab Emirates this week.

Additionally, BYD's local website indicates the availability of its ATTO 3 model for purchase in the UAE.

This development signifies a continued effort by Chinese enterprises to... More

Tesla ready to invest up to $2 billion to build India factory, but with riders -ET

BENGALURU (Reuters) - Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations, the Economic Times reported on Friday.

Reuters reported in August that India is... More

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Active options: TSLA NVDA AMZN AAPL AMD MSFT PLTR META COIN

Volkswagen to hike wages for U.S. workers by 11%

German automaker, Volkswagen revealed Wednesday its decision to increase salaries for production workers at its Chattanooga assembly plant in Tennessee by 11%. This announcement comes weeks after the United Auto Workers union secured substantial pay and benefit raises from the Detroit Three automakers.

Volkswagen and other non-union automakers in the United States are facing escalating pressure to... More

New vehicle sales expected to grow 10% in November

A recent report by industry analysts J.D. Power and GlobalData, published on Wednesday, projects that November's new-vehicle sales will hit 1,236,000 units, marking a significant 10.2% increase compared to the same period last year.

"Sales growth is being enabled by improving vehicle availability," said Thomas King, president of the data and... More