Barclays on Tesla (TSLA): We estimate 4Q deliveries at ~490k units, ahead of consensus ~480k

Exec confirms Tesla (TSLA) Semi fleet has reached 100 units

Tesla (NASDAQ: TSLA) VP of Vehicle Engineering, Lars Moravy was recently featured on an episode of Jay Lenos Garage, alongside Design Chief Franz von Holzhausen.

The focus of the episode was on Leno's personal Cybertruck. Throughout the episode, Moravy, von Holzhausen, and Leno talked about a variety of topics, from the Cybertrucks features to its performance on and off the road.

Eventually, the three automotive... More

Tesla (TSLA) urges US agency to pause racial bias lawsuit

Tesla (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

According 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

Following 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

Electric 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)

A 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

Barclays 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