Musk says Pepsi to receive Tesla's first Semi trucks in December

Morgan Stanley Cuts Price Target on Tesla (TSLA)

Morgan Stanley reiterated an Overweight rating and cut the price target on Tesla, Inc. (NASDAQ: TSLA) to $350 (from $383) following the companys 3Q delivery miss. Morgan Stanley believes the factors that drove to Teslas weaker than expected 3Q production and deliveries could... More

Tesla (TSLA) Breaks China Monthly Sales Record

The China Passenger Car Association (CPCA) released a report on Sunday showing that electric vehicle company Tesla (NASDAQ: TSLA) delivered 83,135 China-made electric vehicles (EVs) in September, setting a monthly record over the prior deliveries high of 78,906 in June. The number marks an 8% increase over... More

Guggenheim Remains Sidelined on Tesla (TSLA) Following Weak 3Q Volumes

Guggenheim reiterated a Neutral rating on Tesla (NASDAQ: TSLA) after the electric vehicle company reported weaker than expected 3Q volume. Analyst, Ali Faghri further examined the automakers potential demand issues in China, and whether those issues could spill over into the US and European markets.

Teslas wait times in China have rapidly declined in recent months, going from 20+ weeks at the peak this summer to 1 to 4 weeks more recently. While Guggenheim thinks ramping supply out of TSLA's Shanghai factory explains part of the wait time normalization, Faghri believes that... More

Morgan Stanley on NY’s Electric Vehicle Goals: 'Something Has to Give'

The state of New York has announced that, similar to California, all new vehicles sold in the state will be battery electric vehicles by 2035. The plan is aimed at reducing greenhouse gas emissions and represents a key step in achieving NY's target of reducing emissions 85% by 2050. Morgan Stanley, after examining the current state of battery supply chains and EV prices, believes this goal will be difficult to achieve.

As part of the plan, NY is making additional grants and subsidies available to both... More

Pepsi (PEP) to Receive First Tesla (TSLA) Semi Trucks in December

Tesla (NASDAQ: TSLA) CEO, Elon Musk announced Thursday on Twitter (NYSE: TWTR) that the company is starting Semi electric commercial truck production and PepsiCo Inc (NASDAQ: PEP) will get the first deliveries... More