Uber says it's working with Tesla to boost EV adoption among drivers
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Tesla (TSLA) to show Cybertruck in China
January 18, 2024 2:05 PM ESTTesla (NASDAQ: TSLA) China announced plans to embark on a countrywide tour to exhibit its leading Cybertruck pickup, as revealed on WeChat, China's social media messaging platform.
The specific dates for the tour were not provided by the U.S. automaker.... More
Morgan Stanley upgrades Hertz (HTZ) as rental company addresses EV challenges
January 18, 2024 8:38 AM ESTMorgan Stanley upgraded Hertz Global (NYSE: HTZ) to an Outperform rating (From Equal-Weight) and cut their 12-month price target to $15.00 ($16.00) after the rental company announced that they would be 20k Tesla (NASDAQ: TSLA) units from its 60k... More
Barclays remains sidelined on Tesla (TSLA) as EV industry faces challenges in 2024
January 17, 2024 10:54 AM ESTBarclays remains sidelined on Tesla (NASDAQ: TSLA) with an Equal-Weight rating but cut their 12-month price target on the EV stock to $250.00 (From $260.00) as analysts are predicting further price cuts, placing pressure on profit margins.
In the US, we expect price declines from the broader industry this year amid normalized supply dynamics, wrote Barclays analysts in a note.
The expected cuts may challenge Tesla as ICE remains its main rival in the... More
'Elon Musk just opened a can of worms' - Jefferies
January 17, 2024 8:43 AM ESTElon Musk just opened a can of worms. Wrote Jefferies analysts in a note.
Jefferies reiterated their Hold rating on Tesla (NASDAQ: TSLA), with a $225.00 price target, after CEO Elon Musk threatened to develop AI expertise outside Tesla unless his current 13% voting stake... More
Tesla (TSLA) shares sink in pre-market as automaker continues price cuts in Europe
January 17, 2024 8:14 AM ESTShares of Tesla (NASDAQ: TSLA) are trending down by more than 1.6% in pre-market trading Wednesday morning after the company cut prices on its Model Y electric vehicle in Germany. The cuts come after the EV maker lost their spot as the top electric vehicle seller to Volkswagen in 2023.... More
Instacart raised at Wolfe Research as firm says company could explore Uber merger
January 17, 2024 8:02 AM ESTInstacart (NASDAQ: CART) was lifted to Outperform from Peer Perform at Wolfe Research Wednesday with a new price target of $35 per share.
Analyst Deepak Mathivanan told investors in a note that they believe the risk/reward is attractive at current levels and see several paths for shares to Outperform, including a... More
