Tesla (TSLA) acquires land for battery plant in Shanghai

Piper Sandler remains Overweight on Tesla (TSLA) ahead of 4Q delivery report

December 26, 2023 10:06 AM EST

Piper Sandler reiterated an Overweight rating on Tesla (NASDAQ: TSLA) with a 12-month price target on the stock ahead of the companys 4Q delivery report early next week.

Piper analysts are expecting the electric automaker to report deliveries of 507k vehicles in... More

Morgan Stanley says Tesla is both a car and AI company, remains bullish for 2024

December 26, 2023 9:57 AM EST

(Updated - December 26, 2023 9:59 AM EST)

Morgan Stanley reiterated an Overweight rating on Tesla Inc. (NASDAQ: TSLA) with a 12-month price target of $380.00 on the stock ahead of what could be another volatile year for the electric automaker.

Its not terribly surprising that auto investors are cautious on Tesla given increased competition and a lack of high-volume new... More

Tesla (TSLA) Mentioned Positively at Piper Ahead of Q4 Deliveries

December 26, 2023 5:48 AM EST

Piper Sandler analyst Alexander Potter reiterated an Overweight rating and $295.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Overweight-rated TSLA will be announcing Q4 deliveries early next week (probably on January 2nd). We are currently expecting the company to deliver 507k... More

Tesla (TSLA) recalls 120k EVs in U.S.

December 22, 2023 11:04 AM EST

The 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 EST

RBC 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

US stock futures edge lower; Nike outlook, inflation data in spotlight

December 22, 2023 6:07 AM EST

Investing.com -- U.S. stock futures edged lower Friday, weighed by a weak outlook from sports retail giant Nike and with investors cautious ahead of key inflation data.

By 06:00 ET (11:00 GMT), the Dow Futures contract was down 100 points, or 0.3%, S&P 500 Futures traded 5 points, or 0.1%, lower and Nasdaq 100 Futures dropped 20 points, or 0.1%.

The main Wall Street indices closed higher Thursday, bouncing back after the losses of the previous session. The blue-chip Dow Jones Industrial Average gained over... More

Tesla recalls 120,000 vehicles over doors that could unlock in crash

December 22, 2023 5:33 AM EST

By David Shepardson

WASHINGTON (Reuters) -Tesla is recalling just over 120,000 Model S and Model X vehicles in the United States over the risk of doors being unlocked and opening during a crash, the automaker said Friday.

Tesla released an over-the-air (OTA) software update for model years 2021-2023 that do not comply with federal safety standards for side-impact protection, the National Highway Traffic Safety Administration (NHTSA) said.

Tesla said in... More

Tesla acquires Shanghai land for megapack battery plant

December 21, 2023 11:22 PM EST

BEIJING/SHANGHAI (Reuters) -Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state media reported on Friday.

Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot, a separate government... More

Tesla (TSLA) PT Raised to $350 at Wedbush; ‘ EV Share Gains and Margin Stabilization in 2024’

December 21, 2023 6:09 PM EST

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $350.00 (from $310.00) while maintaining a Outperform rating.

The analyst commented, We are raising our price target on Tesla from $310 to $350 based on our increasingly bullish view of further EV share gains and... More

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

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December 21, 2023 2:55 PM EST

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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

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December 21, 2023 10:01 AM EST

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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

Norwegian Traffic Safety Regulator Says Opened an Inquiry into Tesla Suspension Issues - Reuters

December 21, 2023 3:49 AM EST

(Updated - December 21, 2023 3:50 AM EST)

Norwegian Traffic Safety Regulator Says Opened an Inquiry into Tesla Suspension Issues - Reuters

Says a decision on whether to recommend recalling affected vehicles could be made by Christmas.... More

Exclusive-Tesla faces inquiry by Norway's safety regulator over suspension failures

December 21, 2023 3:37 AM EST

By Marie Mannes

STOCKHOLM (Reuters) - Tesla faces an inquiry by Norway's traffic safety regulator into suspension failures in the company's electric cars that could result in a recall, the agency told Reuters.

Norwegian Public Roads Administration (NPRA) senior engineer Tor-Ove Satren said the agency started questioning Tesla in September 2022 and asked the automaker to assess consumer complaints about lower rear control arms breaking on its Model S and X vehicles.

Satren said the agency could recommend that Tesla recall all model years of the S and X vehicles to replace rear lower control arms if... More

United States weighs hike in tariffs on Chinese EVs -WSJ

December 20, 2023 11:14 PM EST

(Reuters) -The Biden administration in the United States is discussing raising tariffs on some Chinese goods, including electric vehicles (EVs), the Wall Street Journal said on Wednesday, citing people familiar with the matter.

China's vehicle exports have grown in recent years, fuelled by overcapacity and slowing domestic demand in the world's biggest auto market, and are expected to rise 25% next year to 5.3 million units, China Merchants Bank International says.

The Journal... More

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December 20, 2023 3:26 PM EST

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Tesla, Toyota, Honda sold Vehicle Emissions Credits in 2022, Stellantis, General Motors, Mercedes-Benz Bought - EPA

December 20, 2023 12:47 PM EST

Tesla, Toyota, Honda sold Vehicle Emissions Credits in 2022, Stellantis, General Motors, Mercedes-Benz bought - EPA

... More

Active options: TSLA AMD MARA AMZN MO SNAP META C PFE

December 20, 2023 9:45 AM EST

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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

Active options: TSLA NVDA AMD BABA MARA AMZN AAPL MO SNAP

December 20, 2023 4:14 AM EST

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