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

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Musk tempers expectations ahead of Tesla (TSLA) Cybertruck event

November 30, 2023 10:51 AM EST

Tesla (NASDAQ: TSLA) is preparing to start deliveries of their long-awaited Cybertruck electric pickup this Thursday, following CEO Elon Musk's cautious remarks about production challenges for this groundbreaking product.

The Cybertruck marks Tesla's debut in new vehicle models after almost four years, holding substantial importance in maintaining the brand's image as a pioneer in inventive automobiles.

Amidst a period where the company faces reduced demand for electric vehicles (EVs) and heightened competition, the success of the Cybertruck holds... More

Mercedes-Benz teams with BMW to expand EV charging in China

November 30, 2023 9:29 AM EST

German automaker, Mercedes-Benz disclosed Thursday its successful negotiation with BMW to establish a collaborative partnership to focus on a robust charging network for high-powered electric vehicles in China.

The company, in its statement, outlined plans to install a minimum of 1,000 high-power charging stations, adding around 7,000 charging points across... More

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

November 29, 2023 4:22 PM EST

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

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

November 28, 2023 10:46 AM EST

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

Rumors that Cybertruck will cost between $50-80k - Wedbush

November 28, 2023 7:48 AM EST

Wedbush analyst Daniel Ives reiterated an Outperform rating and $310.00 price target on Tesla (NASDAQ: TSLA) after the company scheduled a Cybertruck event for this Thursday to celebrate the first deliveries.

The analyst commented: "This is another historical moment for Tesla and... More

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November 28, 2023 5:04 AM EST

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Tesla (TSLA) option implied volatility into a Cybertruck event at Gigafactory

November 28, 2023 4:33 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 42; compared to its 52-week range of 42 to 97 into a Cybertruck event at Gigafactory Texas on Thursday, November 30, 2023.

... More

Tesla beats US claim that it fired factory workers amid union campaign

November 27, 2023 3:46 PM EST

By Daniel Wiessner

(Reuters) -A U.S. labor board has dismissed claims that Tesla Inc illegally fired employees working on Autopilot software at a New York factory to put an end to union organizing.

A National Labor Relations Board (NLRB) regional official on Friday tossed out a complaint filed in February by Workers United, a union seeking to organize workers at Tesla's Buffalo, New York "gigafactory."

Workers United claimed that within days of announcing a union campaign earlier this year, Tesla fired dozens of workers from its Autopilot department. Tesla has said the firings were... More

Rivian (RIVN) begins leasing R1T pickup trucks in select U.S. states

November 27, 2023 3:21 PM EST

Michigan-based electric car maker, Rivian Automotive (NASDAQ: RIVN) announced Monday that the EV company has launched leasing for its R1T electric pickup truck for customers in select U.S. states.

The opportunity, accessible in states including California, New York, Florida, and... More

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

November 27, 2023 2:32 PM EST

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) option IV low into Cybertruck event

November 27, 2023 11:11 AM EST

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 42 to 97 into a Cybertruck event at Gigafactory Texas on Thursday, November 30, 2023.

... More

Tesla (TSLA) exec releases Cybertruck event details

November 27, 2023 10:09 AM EST

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

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November 27, 2023 10:00 AM EST

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Tesla (TSLA) sues Swedish Govt over blocked license plates

November 27, 2023 9:11 AM EST

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

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

November 27, 2023 9:00 AM EST

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

November 27, 2023 5:28 AM EST

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

November 27, 2023 5:27 AM EST

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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November 24, 2023 2:20 PM EST

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November 24, 2023 11:08 AM EST

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BYD launches flagship Han sedan in UAE

November 24, 2023 8:41 AM EST

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

November 24, 2023 8:27 AM EST

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

November 24, 2023 5:30 AM EST

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