Fuse Battery Metals Provides a Year End Update for its Shareholders
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Tesla (TSLA) recalls 120k EVs in U.S.
December 22, 2023 11:04 AM ESTThe National Highway Traffic Safety Administration announced Friday that electric vehicle giant, Tesla (NASDAQ: TSLA) is recalling 120,423 vehicles in the U.S. over the risk of cabin doors being unlocked during a crash.
The NHTSA confirmed that the electric automaker has issued an... More
RBC Capital cuts delivery estimates on Tesla (TSLA)
December 22, 2023 10:39 AM ESTRBC Capital reiterated an Overweight rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $300.00 on the stock after cutting delivery estimates on the electric automaker.
RBC revised their Tesla 4th quarter delivery projections to 456k units, marking a 4.2% decrease from... More
Wedbush raises price target on Tesla (TSLA) ahead of 2024
December 22, 2023 9:39 AM EST(Updated - December 22, 2023 9:43 AM EST)
Wedbush reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the stock to $350.00 (From $310.00) as analysts believe the electric carmaker is on track to reach the $1 trillion market cap milestone in 2024, despite growing skepticism by the Street.
Before 2023, skeptics believed Tesla faced declining demand and rising competition. However, Musk surprised everyone by globally lowering prices, particularly in China, to... More
Tesla (TSLA) acquires land for battery plant in Shanghai
December 22, 2023 8:30 AM ESTChinese state media announced Friday that Tesla (NASDAQ: TSLA) has secured land in Shanghai for a megapack battery manufacturing facility. Production is slated to commence in the fourth quarter of 2024.
The purchase involved Tesla paying 222.42 million yuan ($31.13 million) for rights to a 19.7-hectare... More
RBC Capital Cuts Tesla (TSLA) Delivery Numbers, 'Big Push into Quarter End Creates Uncertainty'
December 21, 2023 4:40 PM ESTRBC 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
