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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Tesla (TSLA) urges US agency to pause racial bias lawsuit
December 19, 2023 3:35 PM ESTTesla (NASDAQ: TSLA) has requested a U.S. judge to temporarily halt a federal agency's legal action alleging severe harassment of Black employees at its California assembly plant. The company argues that two comparable cases should be resolved before proceeding.
In a filing submitted to the San Francisco federal court on Monday, Tesla stated that the U.S. Equal Employment Opportunity Commission (EEOC) hurriedly initiated the... More
Tesla (TSLA) China sees 18% increase in new vehicle registrations
December 19, 2023 3:19 PM ESTAccording to industry watchers. Tesla (NASDAQ: TSLA) China saw over 18,000 new vehicle insurance registrations last week. The impressive 18.83% increase over the previous weeks total suggests that the electric automaker may be focusing more recourses on the regions domestic market.
It should be noted... More
Carmakers to cover EV subsidies after Germany cuts funding
December 19, 2023 10:22 AM ESTFollowing the termination of the German state-funded scheme for electric vehicle (EV) buyers, automotive giants Audi, Mercedes-Benz, Stellantis (NYSE: STLA), and the Volkswagen have stepped up to start their own subsidy programs.
Despite their efforts to support EV purchasers, these manufacturer-backed incentives are set to conclude well before the previously intended end date of the state scheme, which was scheduled to run... More
Tesla (TSLA) to raise hourly pay for some workers at NV Gigafactory
December 19, 2023 9:13 AM ESTElectric automaker, Tesla Inc (NASDAQ: TSLA) announced Monday that the company would be raising the hourly pay of some workers at its gigafactory in Nevada by around 10% starting in early January.
The electric vehicle manufacturer is set to increase the hourly wages for its employees, raising the lower end from $20 to $22 per hour and the higher end... More
Recent poll shows majority of Swedes support strike against Tesla (TSLA)
December 18, 2023 11:35 AM ESTA recent opinion poll released by Novus shows a majority of responders in Sweden are in support of an ongoing mechanics strike at Tesla's (NASDAQ: TSLA) workshops in the country.
"A clear majority - or 58% of Swedes - believe the union is right to take the fight with Tesla," said daily Svenska Dagbladet, which commissioned the poll. "Only 20% of... More
Barclays expects Tesla (TSLA) to deliver solid 4Q delivery results ahead of Street
December 18, 2023 8:49 AM ESTBarclays reiterated an Equal Weight rating on Tesla, Inc. (NASDAQ: TSLA) with a 12-month price target of $260.00 ahead of the electric automakers 4Q deliveries report.
Following a disappointing 3Q deliveries result for Tesla, analysts at Barclays expect the company will report ~490k units delivered (ahead of the consensus estimate of ~480k), allowing the company to reach its 1.8 million unit delivery volume target for... More
Dutch regulators say no Tesla (TSLA) recall planned in Europe
December 15, 2023 11:56 AM ESTThe 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
December 15, 2023 11:29 AM ESTLihong 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
December 15, 2023 10:45 AM ESTMorgan 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
