Bernstein 'struggles' to see a catalyst for Tesla (TSLA) stock

Only one Tesla (TSLA) car sold in Korea in January - Bloomberg

Tesla (NASDAQ: TSLA) only sold one electric vehicle in South Korea in January due to various factors like safety concerns, high prices, and insufficient charging infrastructure affecting demand, according to a report by Bloomberg on Wednesday.

The report states that the... More

Daiwa downgrades Tesla (TSLA) over increased governance concerns

Daiwa Capital Markets downgraded Tesla (NASDAQ: TSLA) to a Neutral rating (From Outperform) and cut their 12-month price target by $50.00 to $195.00 as the firm sees corporate governance concerns aggravating already tough financial conditions in 2024.

Concerns about how Tesla is governed increased after a Delaware judge's ruling questioned the independence of Tesla's Board, leading to the cancellation of CEO Elon Musk's compensation. The Wall Street Journal's... More

Bernstein Reiterates Underperform Rating on Tesla (TSLA), 'We struggle to see a catalyst for TSLA'

Bernstein analyst Toni Sacconaghi reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA).

The analyst commented: "Tesla grew units 38% in 2023, and held BEV share steady at ~21%, down ~800bps from its peak of 28% in 2020. While industry profitability improved in 2023, Teslas operating margins plummeted 750 bps) amid price cuts to sustain... More

Tesla (TSLA) option implied volatility as share price closes below $182

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 74 as share price closes below $182.

Daiwa Securities Downgrades Tesla (TSLA) to Neutral (3)

Daiwa Securities analyst Jairam Nathan downgraded Tesla (NASDAQ: TSLA) from Outperform (2) to Neutral (3) with a price target of $195.00 (from $185.00).

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 $181.06 yesterday.

Tesla (TSLA) option implied volatility as share price down 4%

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 44; compared to its 52-week range of 40 to 74 as share price down 4%.

Tesla (TSLA) sinks as SAP moves away from EV giant

Tesla's (NASDAQ: TSLA) stock dropped nearly 6% on Monday following reports that German software firm SAP would stop buying electric cars from the company.

Tesla's shares fell to $177.27, the lowest since May 2023, and has traded down 28% this year. The decline accelerated after Tesla projected "notably lower" delivery growth in... More

Active options: TSLA NVDA AAPL PLTR META AMZN AMD GOOGL

Active options: TSLA NVDA AAPL PLTR META AMZN AMD GOOGL

Global BEV sales reach a new high

Bank of America tracked electric vehicle sales for December and FY 2023 finding in December 2023 that global Battery Electric Vehicle (BEV) sales achieved a record high of 1.1 million units, marking a 19% YoY increase and pushing the penetration rate beyond 14% for the first time.

China experienced a resurgence in BEV sales, rising by 38% YoY in December and 32% in the 4Q. Meanwhile, the EU saw a 20% decline in December due to the phasing out of subsidies the previous... More

Tesla (TSLA) Hits Low, Down 5.9%

Tesla (NASDAQ: TSLA) Hits Low, Down 5.9%

Midday movers: Estee Lauder, Eli Lilly and more

(Updated - February 5, 2024 11:47 AM EST)

Investing.com -- Main U.S. indexes declined Monday as higher bond yields weighed on sentiment and investors continued to trim bets on a March rate cut from the Fed following comments from Chairman Powell and other officials.

Here are some of the biggest U.S. stock movers today:

Shares in Boeing (NYSE: BA) fell 1.6% after the embattled planemaker warned that a fresh issue in some fuselages of its 737 jets could lead to the "near-term" delivery delays.

McDonald's (NYSE:... More

The fate of the 'Magnificent 7' depends on rapid revenue growth in 2024 - Goldman Sachs

According to Goldman Sachs chief U.S. equity strategist David Kostin, the fate of the "Magnificent 7" stocks depends on their ability to deliver rapid revenue growth in 2024.

The Magnificent 7 stocks are Tesla (NASDAQ: TSLA), NVIDIA (NASDAQ: NVDA), Meta Platforms... More

Active options: TSLA META NVDA AAPL AMZN AMD GOOGL MSFT

Active options: TSLA META NVDA AAPL AMZN AMD GOOGL MSFT

Activist investors target change at Tesla (TSLA) following Elon Musk pay ruling

In a recent development, activist investors targeting Tesla's (NASDAQ: TSLA) board for allegedly failing to curb CEO Elon Musk's influence believe a recent court ruling on Musk's $56 billion stock compensation may be the catalyst they need for meaningful reforms.

The pivotal moment arrived with a Delaware judge voiding Musk's record-breaking compensation, signaling... More

U.S. regulators upgrade Tesla (TSLA) power steering probe

U.S. safety regulators have upgraded their probe into Tesla (NASDAQ: TSLA) and are looking more closely into power steering issues in the companys vehicles, taking the next step toward a potential recall.

The National Highway Traffic Safety Administration (NHTSA) announced an investigation covering around 334,000... More

Tesla (TSLA) recalls nearly 2.2M EV's in US

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) is recalling nearly 2.2 million EVs in the U.S. due to the size of the font on the vehicles warning lights.

According to the NHTSA release, Tesla's chosen font size for the affected vehicles fails... More

Midday movers: Meta Platforms and Amazon surge

(Updated - February 2, 2024 11:29 AM EST)

Investing.com -- Main U.S. indexes were mixed Friday as investors balanced earnings from mega-cap tech companies, including strong reports from Amazon and Meta, against positive employment data and reduced chances the Fed will begin cutting rates in March or May. The Nasdaq and S&P 500 moved higher but the Dow declined.

Here are some of the biggest U.S. stock movers today:

Meta Platforms (NASDAQ: META) stock soared 20% after the Facebook owner posted a tripling of profit from... More

US agency upgrades probe into Tesla's power steering loss into engineering analysis

SAN FRANCISCO (Reuters) - U.S. safety regulators said they have upgraded their probe into Tesla vehicles over power steering loss to an engineering analysis - a required step before they could potentially demand a recall.

The National Highway Traffic Safety Administration (NHTSA)said on Thursday that an estimated 334,569... More

CPCA: Tesla (TSLA) Sold 71,447 China-made EVs in January 2024

CPCA: Tesla (NASDAQ: TSLA) Sold 71,447 China-made EVs in January 2024

U.S. safety agency deepens probe of Tesla power steering loss

By David Shepardson and Hyunjoo Jin

WASHINGTON/SAN FRANCISCO (Reuters) -U.S. safety regulators on Friday upgraded their probe into Tesla vehicles over power steering loss to the status of an engineering analysis - a required step before the agency could demand a recall.

Tesla shares, which dropped more than 25% in January alone, fell more than 3% on Friday.

The National Highway Traffic Safety Administration (NHTSA) said the investigation covered about 334,000 Model 3 and Model Y vehicles from the 2023 model year.

The agency's upgraded probe follows a Reuters investigation that found tens of thousands of owners had experienced... More