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January 22, 2024 8:09 AM EST
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
January 22, 2024 6:27 AM EST
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
January 19, 2024 11:04 AM EST
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
January 19, 2024 8:41 AM EST
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
