Tesla (TSLA) sues Swedish Govt over blocked license plates

UAW push to organize Tesla (TSLA) and non-union auto sector

The United Auto Workers (UAW) union announced Wednesday their plan to unionize electric vehicle maker, Tesla (NASDAQ: TSLA) as well as the entirety of the nonunion auto industry in the United States.

This move follows the unions successful negotiation of new contracts with the Detroit Three automakers.

UAW revealed that employees from 13 nonunion automakers have launched coordinated campaigns nationwide to join the union.

These efforts encompass companies such as Tesla, Toyota (NYSE:... More

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

Here's why $600B+ valuation gap between Tesla and BYD is likely to 'converge' - analyst

Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDF) stand as the two primary electric vehicle (EV) manufacturers, exhibiting similarities in size concerning volumes, revenues, and profit dollars.

At the moment, BYD is experiencing significantly faster according to Bernstein, which prompts the question: How is one worth $750 billion and the other $90 billion?

Bernsteins analysts see Tesla reaching $114 billion in revenues... More

Bernstein: We struggle to bridge the $600B+ valuation gap that exists between Tesla and BYD

Bernstein analyst Toni Sacconaghi reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA).

The analyst commented: "We struggle to bridge the $600B+ valuation gap that exists between Tesla and BYD, and rate TSLA Underperform, and BYD Outperform. We believe... More

Cyber Monday in focus, Musk's Israel visit - what's moving markets

Investing.com -- Retailers are expected to unveil deep Cyber Monday sales in a bid to persuade inflation-squeezed American consumers to open up their wallets ahead of the holidays. Meanwhile, markets will be monitoring shoppers' behavior as they try to parse out the Federal Reserve's future interest rate path. Elsewhere, Elon Musk is due to meet with Israel's president, while U.S. President Joe Biden will reportedly skip the upcoming COP28 climate conference.

1. Futures inch lower

U.S. stock futures pointed lower prior to start off a fresh trading week, as investors attempted to gauge how... More

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

On Friday, a report by The Economic Times revealed Tesla (NASDAQ: TSLA) is ready to invest up to $2 billion towards establishing a factory in India if the countrys government cuts import duty on its vehicles to 15% for the first two years of... 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