Tesla skips employees' yearly merit-based stock compensations - Bloomberg News

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RBC Capital Cuts Tesla (TSLA) Delivery Numbers, 'Big Push into Quarter End Creates Uncertainty'

December 21, 2023 4:40 PM EST

RBC Capital analyst Tom Narayan reiterated an Outperform rating and $300.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We estimate Tesla deliveries of 456k in Q4/23, down 4.2% vs our prior estimate of 476k and 1.1% below consensus, based on registration data and... More

Tesla (TSLA) battery bottleneck hinders Cybertruck deliveries

December 21, 2023 12:55 PM EST

Last month, Tesla (NASDAQ: TSLA) introduced its groundbreaking stainless steel-plated electric Cybertruck. CEO Elon Musk estimated that the company was likely to achieve an annual production rate of a quarter-million vehicles at some point in 2025.

However, Tesla is currently far from reaching this production pace, facing significant bottlenecks, particularly in the production speed of the... More

Tesla (TSLA) facing inquiry by Norwegian officials over suspension defect

December 21, 2023 11:27 AM EST

An exclusive story by Reuters reports Thursday that Tesla (NASDAQ: TSLA) is facing an inquiry by the Norwegian Public Roads Administration (NPRA) concerning suspension failures in the company's electric vehicles.

According to the report, the NPRA began questioning the EV giant in September 2022 and asked the automaker to evaluate complaints about their vehicles lower rear control arms breaking on its Model S and X vehicles.

NPRA senior engineer, Tor-Ove Satren told reporters that the Norwegian traffic... More

U.S. considers raising tariffs on China EVs

December 21, 2023 8:12 AM EST

The Wall Street Journal reports Wednesday that, citing unnamed sources familiar with the matter, that the United States is in discussions and may choose to increase tariffs on some Chinese goods, including electric vehicles (EVs).

In recent years, the growth of China's vehicle exports has been driven by excess production capacity and a decline in domestic demand within the world's largest automotive market. Projections from China Merchants Bank International suggest a 25% increase next year, reaching... More

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

December 20, 2023 9:15 AM EST

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