Tesla to partner with Baidu for self-driving rollout in China- Bloomberg
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Tesla FSD in China - What does it mean for Tesla and Baidu?
May 1, 2024 9:30 AM EDTReports emerged yesterday that Baidu (NASDAQ: BIDU) and Tesla (NASDAQ: TSLA) struck a deal granting Tesla access to Baidu's mapping license for data collection on Chinas roads. This move potentially paves the way for Tesla to offer Full Self-Driving (FSD) capabilities in China, prompting a notable surge in Tesla's stock by 15%.
Following the report, Bernstein analysts looked... More
RBC Capital Out Positive on Tesla (TSLA) Endorsement Re: FSD in China
April 29, 2024 11:00 AM EDTRBC Capital analyst Tom Narayan reiterated an Outperform rating and $293.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "What do we think? Winning FSD in China would be significant. It would unlock a significant fleet of Tesla vehicles able to charge subscription fees. This is central to our investment thesis on... More
Wolfe discusses key swing factors for Tesla (TSLA) stock
April 29, 2024 7:55 AM EDTAnalysts at Wolfe Research outlined the key swing factors for Tesla's (NASDAQ: TSLA) stock in a note Monday, saying that the outlook has improved, but uncertainty remains.
New vehicle deliveries is one of the key swing factors, with Wolfe Research stating that despite management's commentary, they expect 2024 deliveries to be down compared to 2023 at around 1.75 million, or -2% year-over-year.
"Multiplying Q1... More
