UBS on Inflation Reduction Act

Tesla (TSLA) Shares Trade to Low of Day

Tesla (NASDAQ: TSLA) Shares Trade to Low of Day

Argus Out Bullish on Tesla (TSLA)

Argus analyst Bill Selesky reiterated a Buy rating and $374.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We expect Tesla to report strong revenue and higher automotive gross margins over the remainder of the year, setting the stage for further... More

Tesla (TSLA) Launches Cheaper Model Y in Europe

Tesla (NASDAQ: TSLA) updated their online configurator today to include a new base version of the Model Y. The new version is a rear-wheel-drive Standard Range model that is currently only available in Europe.

According to Electrek, TSLA lists the new version of the Model Y in Europe as available from Dec 2022-Feb 2023.

The new version of the Model Y is listed as Rear-Wheel-Drive and features a range of 455 km (283 miles) compared to the already available Long... More

Jefferies Analyst Visits Tesla (TSLA) Berlin Plant

Jefferies analyst, Philippe Houchois adjusted their price target for Tesla (NASDAQ: TSLA) to reflect the electric car companys recent 3:1 stock split. The companys new price target for 12 months is $350.

Houchois spent a day in investor meetings with a visit... More

Panasonic in Talks to Build Additional $4B EV Battery Plant in U.S.

The Wall Street Journal reported Friday that the Japanese conglomerate, Panasonic is in discussions to build an additional roughly $4 billion EV battery plant in the U.S.

Citing people familiar with the matter, the report says that Panasonic is looking at Oklahoma as the location for its new plant, though there are no guarantees that an agreement will be reached. However, if the agreement comes through, the new plant will come in addition to a roughly $4... More

Tesla (TSLA) Up Pre-Market Post Stock Split; Wedbush and Berenberg Adjust Estimates

(Updated - August 25, 2022 8:20 AM EDT)

Shares of Tesla, Inc. (NASDAQ: TSLA) are up more than 2.1% in premarket trading Thursday following the companys 3:1 stock split. The split took place last night and starts trading this morning.

Wedbush analyst, Daniel Ives raised his pre-split from $1,000 price target... More

China Power Crisis Suspends EV Charging Services

Electric car manufacturer, Nio In. (NYSE: NIO) began posting temporary notices on its apps charging map page informing owners that some of its Chengdu battery-swapping stations are off-line because of the severe overload on the grid under the persisting high temperatures.

Tesla (NASDAQ: TSLA) was also forced to turn off or restrict services at more than a dozen super-charging stations in... More

Enovix (ENVX) up After Price Target Raise at Cowen

Shares of Enovix Corporation (NASDAQ: ENVX) are up more than 9% on Wednesday after Cowen reiterated an outperform rating and raised their price target by $17 to $36 (Prior $19).

Cowen analyst, Gabe Daoud, Jr. wrote in his note that he believes the battery company is likely to enter... More

Tesla (TSLA) and General Motors (GM) are Big Winners from IRA - Bernstein's Sacconaghi

Bernstein analyst Toni Sacconaghi has reflected on the Inflation Reduction Act (IRA), which was signed by President Biden last week and immediately put into effect.

Among other things, the IRA will create conditions for electric vehicles (EVs) to qualify for consumer subsidies. Sacconaghi sees electric truck OEMs (original equipment manufacturers), Tesla (NASDAQ: TSLA), and General Motors (NASDAQ: GM), as big... More

Active options: TSLA AAPL AMZN BBBY OXY NVDA AMD ZM TWTR

Active options: TSLA AAPL AMZN BBBY OXY NVDA AMD ZM TWTR

Musk Tweets 'Give a Little Whistle' Following Twitter (TWTR) Whistleblower Claims

Tesla (NASDAQ: TSLA) CEO Elon Musk tweeted 'Give a Little Whistle' following the Twitter (NYSE: TWTR) whistleblower claims earlier today. Musk is locked in a court battle over his terminated takeover of Twitter.

pic.twitter.com/KsWiazActx

Musk seeks documents from Jack Dorsey in fight over Twitter deal

By Tom Hals

WILMINGTON, Del. (Reuters) - Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $44 billion deal for the social media company, according to a court filing.

Dorsey, who resigned as Twitter's chief executive in November and left the board in May, was asked for documents and communications about Musk's April agreement to buy the company and about spam accounts on the platform, according to a copy of the subpoena.

Dorsey, who is CEO of payments... More

Elon Musk subpoenas ex-Twitter (TWTR) CEO Jack Dorsey in legal fight over buyout - Bloomberg

Elon Musk subpoenas ex-Twitter (NYSE: TWTR) CEO Jack Dorsey in legal fight over buyout - Bloomberg

California Declines Tesla's (TSLA) Challenge to Racial Bias Lawsuit

California's Office of Administrative Law, in a letter, declined to review Tesla Inc's (NASDAQ: TSLA) claim that the state's civil rights watchdog suing the company is rushing without conducting full investigations.

the Department of Civil Rights (DCR) has filed a pending lawsuit against... More

Ford (F) Announces 3,000 Job Cuts

Ford Motor Company (NYSE: F) announced on Monday that the company will cut 3,000 salaried and contract jobs as it restructures to catch up with Tesla (NASDAQ: TSLA) in the race for software driven electric vehicles. The cuts... More

Ford Motor (F) to eliminate 3,000 jobs globally - Report

Ford Motor (NYSE: F) to eliminate 3,000 jobs globally - Report

Tesla (TSLA) to Raise FSD Price to $15K

Tesla (NASDAQ: TSLA) CEO, Elon Musk announced on Twitter Sunday that the electric vehicle company would be increasing the price of its full self-driving program by 25%. The price will increase to $15,000 from $12,000 on Sept. 5, Musk said in a tweet.

After wide... More

Morgan Stanley Comments on General Motors (GM) Reinstating the Dividend/Buybacks

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $42.00 price target on General Motors (NYSE: GM).

The analyst comments "GMs stock reacted positively to the announcement of restoring a dividend and resuming buybacks, driving one of the stocks strongest single-day... More

Ford Motor (F) option IV near low end of range

Ford Motor (NYSE: F) 30-day option implied volatility is at 38; compared to its 52-week range of 34 to 65.