Tesla deliveries to hit record, but fall short of Musk's aspirations
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China’s Xiaomi unveils first EV
December 28, 2023 10:09 AM ESTChinese smartphone maker Xiaomi unveiled its first electric vehicle (EV) on Thursday, while also announcing the companys ambitious goal of becoming one of the worlds top five automakers.
The upcoming sedan, named SU7 (with SU standing for Speed Ultra), is generating a lot of excitement. Chief Executive Lei Jun has highlighted its "super electric motor" technology, boasting acceleration speeds faster than those of Tesla (NASDAQ: TSLA)... More
Tesla (TSLA) preparing Shanghai gigafactory for revamped Model Y
December 27, 2023 9:35 AM ESTTesla Inc. (NASDAQ: TSLA) is gearing up to introduce an updated version of its highly successful Model Y from its Shanghai plant according to unnamed sources familiar with the matter. This move comes in response to heightened competition from domestic rivals, prompting an... More
Wedbush reiterates Outperform ahead of Tesla's (TSLA) 4Q delivery report
December 27, 2023 8:52 AM ESTWedbush reiterated an Outperform rating and 12-month price target of $350.00 on Tesla (NASDAQ: TSLA) ahead of the companys 4Q delivery report.
In the final week of December, Wedbush analysts believe the electric automaker is tracking slightly ahead of the 480k delivery mark.
Global Tesla prices have recently stabilized, with increases observed in various regions, notably China.... More
