Tesla (TSLA) plans affordable mass-market EV in mid-2025
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J.P. Morgan cuts estimates on Tesla (TSLA), 'plenty of further downside potential'
January 26, 2024 9:29 AM ESTJ.P. Morgan reiterated an Underweight rating on Tesla (NASDAQ: TSLA) and cut their 12-month price target on the auto stock to $130.00 (From $135.00) after the company reported weaker than expected earnings for the sixth straight quarter, and lower YoY profits for the fourth straight quarter, on Wednesday.
Tesla profit expectations have fallen, but... More
Wedbush removes Tesla (TSLA) from 'Best Ideas List'
January 26, 2024 8:56 AM ESTEquity researcher Wedbush revealed Friday that their analysts have decided to remove electric vehicle maker, Tesla (NASDAQ: TSLA) from their Best Ideas List.
We are removing TSLA from the Wedbush Best Ideas List (BIL) due to our investment price discipline. Wedbush analysts wrote... More
Tesla (TSLA) recalls 199,575 EVs in the U.S.
January 26, 2024 7:52 AM ESTElectric automaker, Tesla (NASDAQ: TSLA) is recalling nearly 200,000 electric vehicles due to a software glitch that may impede drivers' visibility while driving in reverse, the National Highway Traffic Safety Administration (NHTSA) said on Friday.
The recall covers certain 2023 Y, S and X model vehicles in the U.S., all equipped with "Full Self-Driving" computer 4.0 and run software... More
Tesla (TSLA) facing 'very limited growth', will require 'major price cuts' in 2024
January 25, 2024 1:45 PM ESTDeutsche 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 ESTShares 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 ESTTesla'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 ESTRedburn 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
Midday movers: Netflix gains, ASML spurs rally in chip stocks
January 24, 2024 8:09 AM EST(Updated - January 24, 2024 11:37 AM EST)
Investing.com -- Main U.S. indexes rose Wednesday, boosted by generally positive corporate results as the quarterly earnings season kicks into top gear. Netflix led mega-cap tech stocks higher and results from ASML lifted semiconductor names.
Here are some of the biggest U.S. stock movers today:
Netflix (NASDAQ: NFLX) stock rose 12% after the streaming giant reported the addition of far more paying subscribers in the fourth quarter than expected, helped by a slate of popular programming.
AT&T (NYSE:... More
Tesla to Release New EV Model in Mid-2025 - Reuters
January 24, 2024 7:00 AM EST(Updated - January 24, 2024 7:05 AM EST)
Tesla to Build New Electric Vehicles in Mid-2025 - Reuters
Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed "Redwood" in mid-2025.The model is described as "a compact... MoreTesla (TSLA) January weekly 210 straddle priced into quarter results
January 24, 2024 5:32 AM ESTTesla (NASDAQ: TSLA) January weekly 210 straddle priced for a move of 7.5% into the expected release of quarter results today after the bell.
... MoreTesla to report, Netflix's strong subscriber sign-ups - what's moving markets
January 24, 2024 5:28 AM ESTInvesting.com -- U.S. futures edge up on Wednesday, pointing to ongoing momentum in a recent rally in equities. Tesla's (NASDAQ: TSLA) plans for a next-generation vehicle will be in the spotlight when the electric carmaker reports its latest results after the bell, while Netflix's (NASDAQ: NFLX) shares pop premarket after the streaming giant posts better-than-anticipated fourth-quarter subscriber sign-ups. Elsewhere, Donald Trump notches a key win in the New Hampshire Republican primary, putting him well on the way to securing the GOP's nod for... More
Active options: TSLA BABA AMD NVDA AAPL SAVE NIO AMZN T
January 24, 2024 4:51 AM ESTActive options: TSLA BABA AMD NVDA AAPL SAVE NIO AMZN T
... MoreRedburn Starts Tesla (TSLA) at Sell
January 24, 2024 3:00 AM ESTRedburn analyst Adrian Yanoshik initiates coverage on Tesla (NASDAQ: TSLA) with a Sell rating and a price target of $170.00.
For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.
Shares of Tesla closed at $209.14 yesterday.
... MoreExclusive-Tesla plans to start building next-generation vehicles in mid-2025, sources say
January 24, 2024 12:03 AM ESTBy Hyunjoo Jin and Joseph White
SAN FRANCISCO/DETROIT (Reuters) -Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed "Redwood" in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover.
Tesla CEO Elon Musk confirmed on a post-earnings call on Wednesday that the company expects to start production of its next-generation EV at its Texas factory in the second half of 2025.
That will be followed by Mexico and another factory outside North America to be decided... More
Apple Car launch delayed to 2028 - report
January 23, 2024 3:18 PM ESTAccording to Bloomberg News, Apple (NASDAQ: AAPL) has reportedly dialed back the features for its upcoming electric vehicle (EV) and delayed the cars launch to 2028 at the earliest.
Notably, the company has apparently shifted its focus from a fully autonomous vehicle to a more modest design, aiming to introduce an EV with basic driver-assistance features, marking a significant departure from the previous goal of releasing a self-driving car with advanced capabilities by 2026.
The project, codenamed Titan and T172, has been marked by... More
Active options: TSLA BABA AMD NVDA AAPL SAVE NIO
January 23, 2024 2:27 PM ESTActive options: TSLA BABA AMD NVDA AAPL SAVE NIO
... MoreApple (AAPL) Now Plans Car For 2028 With Less Ambitious Autonomy Goals - Bloomberg
January 23, 2024 1:42 PM ESTApple (AAPL) Now Plans Car For 2028 With Less Ambitious Autonomy Goals - Bloomberg
... MoreTesla (TSLA) January weekly option implied volatility into quarter results
January 23, 2024 10:35 AM ESTTesla (NASDAQ: TSLA) January weekly call option implied volatility is at 93, February is at 53; compared to its 52-week range of 42 to 74 into the expected release of quarter results after the bell on January 24.
... MoreTesla (TSLA) reclaims top spot as best-selling EV startup in China
January 23, 2024 10:04 AM ESTTesla (NASDAQ: TSLA) reclaimed its position as the best-selling EV maker in China with a 60% WoW increase in deliveries to 11.7k units, attributed to recent price cuts.
Li Auto (NASDAQ: LI) followed with 7.7k units, showing a 13% YoY... More
Active options: TSLA RTX BABA AMD AAPL NVDA NIO UAL SAVE BIDU
January 23, 2024 10:00 AM ESTActive options: TSLA RTX BABA AMD AAPL NVDA NIO UAL SAVE BIDU
... MoreEvercore ISI sees a further 10% downside in Tesla (TSLA) stock
January 23, 2024 8:16 AM ESTEvercore 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 ESTEvercore 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 ESTTesla (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.
... MoreActive options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI
January 23, 2024 4:53 AM ESTActive options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI
... MoreTesla to kick off Cybertruck's China tour in late Jan -media
January 22, 2024 10:39 PM ESTBEIJING (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
Active options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI
January 22, 2024 2:31 PM ESTActive options: TSLA NVDA AMD AAPL PLTR PYPL AMZN SOFI
... MoreTesla (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 ESTTesla (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.
... MoreTesla (TSLA) January weekly option implied volatility into quarter results
January 22, 2024 10:48 AM ESTTesla (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.
... MoreDow Jones, Nasdaq, S&P 500 weekly preview: Are new highs sustainable?
January 22, 2024 8:32 AM ESTThe 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 ESTMorgan 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 ESTMorgan 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 ESTBy 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 ESTInvesting.com --Â 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 ESTInvesting.com --Â 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 ESTTesla (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.
... More