Tesla shortens expected delivery waiting time for Model 3, Y in China

Dutch regulators say no Tesla (TSLA) recall planned in Europe

The Dutch vehicle authority RDW announced Friday that there are no immediate plans for a Tesla (NASDAQ: TSLA) recall in Europe, despite a recent 2 Million unit recall in the United States over worries regarding their Autopilot driver assistance systems.

RDW, responsible for safety approval of Teslas in Europe, highlighted variations in... More

Nio (NIO) to bring Firefly brand to Europe in 2025

Lihong Qin, the president of Chinese electric vehicle (EV) maker, Nio (NYSE: NIO) announced Friday that the company plans to launch its cheaper Firefly brand in Europe in 2025.

During an online press conference, Qin mentioned that both Firefly and Alps brands will cater to family-oriented car models, with Firefly focusing on... More

Morgan Stanley remains bullish on Tesla (TSLA) following 2M unit recall

Morgan Stanley reiterated an Overweight rating on Top Pick Tesla (NASDAQ: TSLA) with a 12-month price target of $380.00 on the stock after the electric automaker was forced to recall over 2 million vehicles to address a faulty autopilot system.

Morgan Stanley analysts wrote in a note, In our opinion the essential tech is good. The in situ alerts and product marketing were overdue for tweaking. Tesla is still leading on edge... More

Morgan Stanley Out Positive on Tesla (TSLA)

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $380.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "We believe that Tesla offers compelling long-term FCF growth potential. From a FY23 base, we forecast Tesla EPS grows at a 27% CAGR through... More

French EV subsidy change challenges China-made market

France, on Thursday, released a list of cars indicating which vehicles qualify for the countrys newly updated regulations. The new updates cover consumer incentives for buying electric cars, prioritizing vehicles manufactured in France and Europe over those produced in China.

Approximately 65% of electric cars sold in France will meet the requirements outlined in the scheme. Starting Friday, the updated criteria will also consider the quantity of carbon emissions during the manufacturing process of an electric vehicle.

Among the qualifying models listed, 24 are manufactured by the Franco-Italian group Stellantis (NYSE:... More

Nordic investors send letter urging Tesla (TSLA) to end labor dispute

A group of Nordic institutional investors Thursday sent a letter to electric vehicle maker Tesla (NASDAQ: TSLA) expressing their deep concern regarding the ongoing dispute between the company and labor unions in Sweden. The investors urged Tesla to reassess its stance on collective bargaining, citing concerns over the conflict.

Tesla has encountered criticism from unions and certain pension... More

Deutsche Bank cuts estimates on Tesla (TSLA) ahead of 4Q results

Deutsche Bank reiterated a Buy rating on Tesla (NASDAQ: TSLA) but trimmed their 12-month price target on the electric vehicle stock to $260.00 (From $275.00) ahead of the companys 4Q earnings and delivery reports.

Analysts at Deutsche Bank are expecting Tesla to report 4Q23 delivery results near their 476k unit estimate. If achieved, the automaker will have reached 1.8m units for the year as it guided.

However, analysts are still... More

Tesla (TSLA) cuts wait times in China

Tesla's (NASDAQ: TSLA) Model 3 sedan and Model Y crossover are now experiencing reduced wait times in China, The first adjustment in wait times since November.

In China, the expected delivery period for the Model 3 Long Range has been updated to 2-6 weeks, a decrease from the previous 6-9 weeks, as indicated on Tesla's China website.... More