Tesla (TSLA) reclaims top spot as best-selling EV startup in China

Go back to Tesla (TSLA) reclaims top spot as best-selling EV startup in China

Tesla (TSLA) facing 'very limited growth', will require 'major price cuts' in 2024

January 25, 2024 1:45 PM EST

Deutsche Bank (DB) reiterated a Buy rating on Tesla (NASDAQ: TSLA) but cut their 12-month price target on the electric automaker over heightened concerns around 2024.

Teslas very limited outlook commentary last night, in our view confirmed our caution around 2024, in which the company will likely see very limited volume growth and pressure on earnings. Wrote DB... More

Tesla (TSLA) slumps 10% following Musk sales warning

January 25, 2024 11:00 AM EST

Shares of electric automaker, Tesla (NASDAQ: TSLA) fell more than 10% on Thursday following CEO Elon Musk's caution about a slowdown in sales growth this year.

This comes despite previous price cuts that have impacted profit margins and raised concerns among investors in the... More

Musk warns Chinese EV brands will 'demolish' global rivals without trade barriers

January 25, 2024 8:40 AM EST

Tesla's CEO Elon Musk issued a warning on Wednesday, suggesting that Chinese automakers would destroy global competitors if trade barriers are eliminated.

Musks assertion underscores the mounting pressure faced by Tesla, the leading player in the U.S. electric vehicle market, from formidable competitors like BYD, a company backed by Warren Buffett, which clinched the title of the world's top-selling EV company last quarter.

Despite Tesla's aggressive price cuts extending... More

Redburn starts Tesla (TSLA) and Ford (F) at Sell

January 24, 2024 2:49 PM EST

Redburn Atlantic has initiated coverage on Ford Motor (NYSE: F) and Tesla (NASDAQ: TSLA) with Sell ratings. For Ford, Redburn set a 12-month price target of $10.00, citing a review of the automaker's cost structure, which indicates minimal improvement until a more robust electric vehicle (EV) platform is developed.

We expect the group [Ford] to underperform its peers in this regard over the next two years, wrote Redburn analysts in a note.

It's worth noting that in Q4... More

Tesla (TSLA) plans affordable mass-market EV in mid-2025

January 24, 2024 8:32 AM EST

Tesla (NASDAQ: TSLA) has informed its suppliers of plans to commence production of a new mass-market electric vehicle, codenamed "Redwood," by mid-2025, as reported by Reuters on Wednesday, citing four individuals familiar with the matter, with two sources describing the model as a compact crossover. Top of Form

Tesla CEO,... More

Active options: TSLA RTX BABA AMD AAPL NVDA NIO UAL SAVE BIDU

January 23, 2024 10:00 AM EST

Active options: TSLA RTX BABA AMD AAPL NVDA NIO UAL SAVE BIDU

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Evercore ISI sees a further 10% downside in Tesla (TSLA) stock

January 23, 2024 8:16 AM EST

Evercore ISI expects Tesla (NASDAQ: TSLA) to report 4Q EPS of approximately $0.70, aligning with consensus estimates and buyside expectations. However, the company's gross margin is expected to be in line or slightly below consensus, standing at around 16.3%, compared to the consensus range of 16.5-17% excluding credits. This is attributed to discounts on existing U.S.... More

Evercore ISI sees a further 10% downside in Tesla (TSLA) stock

January 23, 2024 5:59 AM EST

Evercore ISI analyst Chris McNally reiterated an In Line rating and $165.00 price target on Tesla (NASDAQ: TSLA).

"We sit relatively in line w/ cons Q4 ~$0.70 EPS (also buyside bar), and in line/slightly below gross margin (at ~16.3% vs 16.5-17% cons ex-credits) as... More

Tesla (TSLA) January weekly 210 straddle into quarter results

January 23, 2024 5:13 AM EST

Tesla (NASDAQ: TSLA) January weekly 210 straddle priced for a move of 7.5% into the expected release of quarter results after the bell on January 24.

... More

Active options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI

January 23, 2024 4:53 AM EST

Active options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI

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Tesla to kick off Cybertruck's China tour in late Jan -media

January 22, 2024 10:39 PM EST

BEIJING (Reuters) - A China-wide tour showcasing Tesla's flagship Cybertruck pickup will kick off in late January, with eight trucks simultaneously on display in eight cities including Shanghai and the capital, Beijing, media outlet the Paper said on Tuesday.

(Reporting by Qiaoyi Li, Zhang Yan and... More

President Wang leads organizational restructuring at XPeng (XPEV)

January 22, 2024 3:13 PM EST

XPeng (NYSE: XPEV) recently underwent a significant organizational restructuring led by new president Wang Fengying, who is approaching her one-year anniversary in the role.

The restructuring, reported by local media outlet Jiemian, encompasses changes in marketing, human resources, data, manufacturing, and product planning.

Zhang Li,... More

Active options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI

January 22, 2024 2:31 PM EST

Active options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI

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Tesla (TSLA) call put ratio 1.6 calls to 1 put into quarter results with focus on March 300 calls

January 22, 2024 10:58 AM EST

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 80, February is at 51; compared to its 52-week range of 42 to 74 into the expected release of quarter results after the bell on January 24.

... More

Tesla (TSLA) January weekly option implied volatility into quarter results

January 22, 2024 10:48 AM EST

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 80, February is at 51; compared to its 52-week range of 42 to 74 into the expected release of quarter results after the bell on January 24.

... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Are new highs sustainable?

January 22, 2024 8:32 AM EST

The S&P 500 (SPX) hit a new record high last week after finally clearing 4,818.62 the level set in the first week of 2022. The index gained 1.2% last week and is now likely to continue pushing toward the psychologically-important 5,000 level.

Nasdaq Composite Index (IXIC) jumped 2.3% as tech stocks continue to ride the AI momentum. The index closed the week at 15,310.97 with the record high sitting at 16,212.23. Finally, the Dow Jones Industrial Average (DJI) was up 0.7%, marginally posting a new record high as the bulls continue closing in on 40000.

This weeks economic calendar is full of important data,... More

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

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

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

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

Tesla price cuts, delivery plan and CEO pay in focus ahead of results

January 22, 2024 6:03 AM EST

By Akash Sriram

(Reuters) - Tesla's profitability and deliveries will be on top of investors' minds when the world's most valuable automaker reports results on Wednesday, days after sharp price cuts and announcement of a production pause at the Berlin factory.

Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter.

But it will be down sharply from a year ago, and pressure is rising after price cuts in Asia and Europe and rising costs from ramping up Cybertruck production.

Chief Executive Elon... More

Futures higher, FAA recommends more Boeing safety checks - what's moving markets

January 22, 2024 5:40 AM EST

Investing.com -- U.S. stock futures gain on Monday, in a possible sign of ongoing upward momentum after a tech-fueled surge in equities last week. The U.S. aviation authority recommends new safety checks on Boeing (NYSE: BA) planes that have similar features to a jet model involved in a mid-air door plug breach earlier this month. Sony (NYSE: SONY) pulls the plug on a mega-merger with India's Zee Entertainment, sparking a potential... More

Futures higher, FAA recommends more Boeing safety checks - what's moving markets

January 22, 2024 5:40 AM EST

Investing.com -- U.S. stock futures gain on Monday, in a possible sign of ongoing upward momentum after a tech-fueled surge in equities last week. The U.S. aviation authority recommends new safety checks on Boeing (NYSE: BA) planes that have similar features to a jet model involved in a mid-air door plug breach earlier this month. Sony (NYSE: SONY) pulls the plug on a mega-merger with India's Zee Entertainment, sparking a potential... More

Tesla (TSLA) January weekly 212.50 straddle into quarter results

January 22, 2024 5:27 AM EST

Tesla (NASDAQ: TSLA) January weekly 212.50 straddle priced for a move of 7% into the expected release of quarter results after the bell on January 24.

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BYD distributor to triple EV dealerships in Thailand

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

Tesla (TSLA) January weekly option implied volatility into quarter results

January 19, 2024 10:32 AM EST

Tesla (NASDAQ: TSLA) January weekly call option implied volatility is at 64, February is at 50; compared to its 52-week range of 42 to 74 into the expected release of quarter results after the bell on January 24.

... More

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

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

Tesla (TSLA) January weekly 210 straddle into quarter results

January 19, 2024 3:55 AM EST

Tesla (NASDAQ: TSLA) January weekly 210 straddle priced for a move of 7% into the expected release of quarter results after the bell on January 24.

... More

Active options: TSLA AMD NVDA AAPL SAVE MARA TSM MSFT AMZN

January 19, 2024 3:39 AM EST

Active options: TSLA AMD NVDA AAPL SAVE MARA TSM MSFT AMZN

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