Tesla, Ford among the most shorted stocks in 2023 - Hazeltree

Morgan Stanley cuts price target on Tesla (TSLA) ahead of 4Q report

Morgan Stanley reiterated an Overweight rating on Top Pick Tesla (NASDAQ: TSLA) and cut their 12-month price target on the electric auto stock to $345.00 (From $380.00) ahead of the companys 4Q earnings report, expected to be released on January 24th.

Global EV momentum is stalling. The market is over-supplied vs. demand. Wrote Morgan... More

Tesla (TSLA) PT Lowered to $345 at Morgan Stanley, 'Global EV momentum is stalling'

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $345.00 (from $380.00) while maintaining a Equalweight rating.

The analyst comments "Global EV momentum is stalling. The market is over-supplied vs. demand. We anticipate Teslas 2024 outlook to be cautious on... More

BYD distributor to triple EV dealerships in Thailand

The exclusive Thai distributor of BYD plans to triple its dealerships within the next two years. A strategic move aimed at solidifying BYD's leading position in the Thai market.

In the fourth quarter of the previous year, BYD surpassed Tesla (NASDAQ: TSLA) to become the top EV maker globally. The expansion in Thailand serves as a significant step in BYD's global expansion strategy, particularly in markets where its U.S. competitor has not yet... More

U.S. to invest $325M to repair EV chargers while cutting costs

The White House announced that the U.S. Departments of Transportation and Energy will invest $325 million in three programs aimed at advancing electric vehicle (EV) technologies, repairing chargers, and reducing battery costs.

During the announcement, the White House stated that the funding for EV chargers will address the... More

Ford (F) expands workforce at Wayne facility to meet demand; reduces F-150 lightning production

Detroits Ford Motor (NYSE: F) revealed Friday their intention to generate almost 900 additional jobs by establishing a third crew at the Michigan Assembly Plant in Wayne. A move aimed at meeting the high demand for popular models like the Bronco, Bronco Raptor, Ranger, and Ranger Raptor.

Ford is strategically navigating its global operations to capitalize on a well-balanced lineup, offering customers a mix of gas-powered, hybrid, and electric vehicles for optimized financial... More

Tesla (TSLA) to show Cybertruck in China

Tesla (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

Morgan 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