Tesla (TSLA) Releases Software Update

Tesla (TSLA) Faces Criminal Probe Over Self-Driving Claims

An exclusive story by Reuters reports that American electric vehicle giant, Tesla Inc (NASDAQ: TSLA) is under criminal investigation by the United States over claims that the companys electric vehicles can drive themselves.

According to people familiar with the matter, the U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Teslas driver assistance system Autopilot, which was activated during the accidents.

Musk said in an interview with Automotive News in 2020 that Autopilot problems stem from... More

Tesla (TSLA) Semi Gains EPA Certification and Will Begin Deliveries

Today it was announced in an exclusive report by Teslarati.com that Tesla (NASDAQ: TSLA) has officially gained approval by the EPA to begin deliveries of their electric Tesla Semi to customers. The EPA told Teslarati that the 2023 Tesla Semi has officially been granted a Certificate of... More

Wolfe Adjusts Estimates Following Tesla’s (TSLA) Price Cuts in China

Shares of electric vehicle company, Tesla Inc. (NASDAQ: TSLA) were down 1.49% at the close of trading on Monday after the electric vehicle company announced that they would be cutting the price of their popular Model 3 and Model Y by around 5%. The stock initially reacted sharply to the news, trading down about 7% at one point. But the... More

Deutsche Bank Unsurprised Following Tesla (TSLA) Price Cuts

Shares of Tesla (NASDAQ: TSLA) are down 0.73% in pre-market trading on Tuesday after price cuts saw the electric vehicle stock close at 211.25 on Monday, down 1.49%. Chinese electric vehicle stocks followed suit with declines averaging 15% compared to the NASDAQs +1%. Deutsche Bank attributes this weakness to negative surprise around the new Chinese leadership selection, lack of updates surrounding COVID zero policies, and concerns following Teslas price cuts.

Tesla lowered the domestic China price for their Model 3 and Model Y by around 5% on Monday. The cuts were not unexpected and should not come... More

Tesla (TSLA) Has Pulled the Pricing Demand Lever in China - RBC Capital

Following news on Monday that Tesla (NASDAQ: TSLA) has cut the prices of its Model 3 and Model Y in China, RBC Capital analyst Joseph Spak told investors bearishness on the company's shares has increased primarily on demand in China and the price... More

RBC Capital Defending Tesla (TSLA) Amid 5% China Price Cuts: 'we are a bit less concerned than bears and believe this can help stimulate demand in China'

RBC Capital analyst Joseph Spak reiterated an Outperform rating and $325.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Bearishness on TSLA has increased primarily on demand in China and the specter of price cuts. That has now occurred as the... More

Tesla (TSLA) call put ratio 1 call to 1 put as shares sell off 4.5%

Tesla (NASDAQ: TSLA) 30-day option implied is at 64; compared to its 52-week range of 37 to 84 after Chinas Xi expands power as head of Chinas ruling power. Call put ratio 1 call to 1 put as shares sell off 4.5%.

Tesla (TSLA) Hits Low, Down 6.7% Amid China Concerns

Tesla (NASDAQ: TSLA) Hits Low, Down 6.7% Amid China Concerns

Popular stocks with increasing volume: TSLA AAPL BABA NIO AMZN META AMD NVDA

Popular stocks with increasing volume: TSLA AAPL BABA NIO AMZN META AMD NVDA

Tesla, Meta Platforms, Alibaba Fall Premarket; Walmart, WeWork Rise

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, October 24th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock fell 2.2% after the electric car manufacturer cut starter prices for its Model 3 and Model Y cars by as much as 9% in China,... More

Dow Futures Rise 150 Pts; Quarterly Earnings Season Ramps Up

By Peter Nurse

Investing.com -- U.S. stocks are seen opening just higher Monday, continuing the previous weeks positive tone ahead of the release of major corporate earnings and quarterly growth data.

At 07:00 ET (11:00 GMT), the Dow Futures contract was up 150 points, or 0.5%, S&P 500 Futures traded 16 points, or 0.4%, higher, and Nasdaq 100 Futures climbed 23 points, or 0.3%.

The main U.S. equity indices posted strong gains last week, with the blue-chip Dow Jones Industrial Average climbing 750 points, or 2.5%, the broad-based S&P 500 rose 2.4%, and the tech-heavy... More

Tesla (TSLA) Reports $170 Million Impairment Loss on Bitcoin Investment

In a 10-Q filing released today, Tesla (NASDAQ: TSLA) announced it recorded $170 million of impairment losses on its Bitcoin investment.

This loss relates to the first nine months of this year. Tesla also reported gains of $64 million on certain conversions of bitcoin... More

Tesla (TSLA) Falls 3% After Cutting Prices in China, Analyst Expects Volume Sales to Improve

Tesla (NASDAQ: TSLA) announced today it slashed prices of China-made basic Model 3 and Model Y.

Model 3 will now start from 265,900 yuan (down from 279,900) while Model Ys new price is 288,900 yuan, down from 316,900. These cuts partly offset price hikes imposed earlier this year.

Lower prices may be a result of the slowing demand for EVs in China after recent media reports suggested wait... More

Toyota scrambles for EV reboot with eye on Tesla - Reuters

Toyota scrambles for EV reboot with eye on Tesla - Reuters

Tesla (TSLA) option IV into China’s Xi expands power as head of China’s ruling power

Tesla (NASDAQ: TSLA) 30-day option implied is at 60; compared to its 52-week range of 37 to 84 into Chinas Xi expands power as head of Chinas ruling power.

Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030

An exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.

Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More

Active options: TSLA AAPL SNAP AMZN TWTR NFLX META NVDA

Active options: TSLA AAPL SNAP AMZN TWTR NFLX META NVDA

Active options: TSLA SNAP AAPL TWTR META AMD NVDA AMZN T NFLX

Active options: TSLA SNAP AAPL TWTR META AMD NVDA AMZN T NFLX

Today's Important Price Target Changes

Truist Securities lowered the price target on Tractor Supply Company (NASDAQ: TSCO) to $237.00 from $252.00 while maintaining a Buy rating. Shares were down more than 3% today on mixed Q3 results.

UBS lowered the price target on Alphabet (NASDAQ: GOOGL)... More

Today's Most Important Buybacks

Snap (NYSE: SNAP) announced today its board of directors has authorized a stock repurchase program of up to $500 million of its Class A common stock. Shares plunged 26% after-hours today following the companys reported Q3 results.

During last night's conference call, Tesla... More

Verizon, American Express, Schlumberger Earnings: 3 Things to Watch

By Liz Moyer

Investing.com -- Stocks dropped on Thursday despite strong corporate earnings as investors continued to take risk off the table amid rising interest rates.

Investors have been worried that the Federal Reserve's aggressive campaign to cool the economy would tip it into a recession, but the job market remains tight, with jobless claims falling again last week.

Meanwhile, companies... More

3 Rumors Lighting Up Trading Screens Today

Stocks started strong Thursday but ended the day with a whimper as rising treasury yields put a damper on beaten-up bulls. Amid the action, several rumors drove trading action in select names. Below we highlight a few:

Vertiv Holdings (NYSE: VRT) shares jumped 8% after... More

Tesla's (TSLA) Musk Teases Up to $10B Buyback, Says Could Be Worth More than Apple and Saudi Aramco 'Combined'

During last night's conference call, Tesla (NASDAQ: TSLA) CEO Elon Musk said the company could do a $5-$10 billion buyback and he thinks the company could eventually be worth more than Apple and Saudi Aramco combined.

On the buyback, Musk said:

"And I think every one of our Board members has gotten questions about buybacks. The -- we've debated the buyback idea extensively at the Board level. The Board generally thinks that it makes sense to do a buyback. But we want to work through the right... More

UPDATE: Tesla (TSLA) PT Lowered to $150 at JPMorgan

(Updated - October 20, 2022 11:22 AM EDT)

JPMorgan analyst Ryan Brinkman lowered the price target on Tesla (NASDAQ: TSLA) to $150.00 (from $153.00) while maintaining a Underweight rating.

The analyst comments "Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product... More

Buy Tesla (TSLA) on Weakness Ahead of 'EPIC' 2023 - Chowdhry

Global Equities Research analyst Trip Chowdhry reiterated an Overweight rating and $760.00 price target on Tesla (NASDAQ: TSLA) following Q3 results, telling clients to "buy on weakness"

Chowdhry said FY 2023 will be "epic" and notes demand is "extremely strong." The analyst highlighted:

1. TSLA Semi hidden Demand "Bragging Rights" - may be as huge as Model... More

Active options: TSLA AAPL NVDA AMZN AMD T NFLX AAL NIO SNAP

Active options: TSLA AAPL NVDA AMZN AMD T NFLX AAL NIO SNAP

Tesla (TSLA) PT Raised to $325 at BofA Securities

BofA Securities analyst John Murphy raised the price target on Tesla (NASDAQ: TSLA) to $325.00 (from $315.00) while maintaining a Neutral rating following Q3 results.

The analyst commented, "SLA reported 3Q:22 non-GAAP EPS of $1.05, above both our estimate of $0.95 and the Street at $1.01... More

Tesla's Musk says recession could last until 2024

By Akash Sriram and Hyunjoo Jin

(Reuters) -Tesla Inc Chief Executive Elon Musk thinks a recession will last until the spring of 2024, he tweeted on Friday, after saying earlier this week that "a recession of sorts" in China and Europe was weighing on demand for its electric cars.

"Just guessing, but probably until spring of '24," Musk said on Twitter after a user asked him how long the recession would last. It was not clear if Musk was talking about a global recession or expanding on the comment on China and Europe he made on Wednesday.

UPDATE: Tesla (TSLA) PT Raised to $85 at Roth Capital

(Updated - October 20, 2022 8:39 AM EDT)

Roth Capital analyst Craig Irwin raised the price target on Tesla (NASDAQ: TSLA) to $85.00 (from $83.33) while maintaining a Neutral rating.

The analyst comments "The 3Q22 revenue miss for Tesla was disappointing in the context of successful... More

Tesla, Alcoa. Ericsson Fall Premarket; AT&T, IBM, American Airlines Rise

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, October 20th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock fell 4.8% after the electric car manufacturer admitted it was unlikely to reach its delivery targets this... More

Shareholder Group Calls for Tesla (TSLA) to Link Executive Pay to ESG Metrics

Shares of Tesla, Inc. (NASDAQ: TSLA) are down 4.69% in pre-market trading on Thursday after Retail activist shareholder platform Tulipshare called on the electric vehicle company to tie its executive pay to environmental, social and governance (ESG) factors. The activist group said it... More

Dow Futures Rise 110 Pts; Disappointing Tesla Results to Weigh on Tech Sector

By Peter Nurse

Investing.com -- U.S. stocks are seen opening largely higher Thursday, but the tech sector is likely to underperform on the back of rising Treasury yields and disappointing results from Tesla (NASDAQ: TSLA).

At 07:00 ET (11:00 GMT), the Dow Futures contract was up 110 points, or 0.4%, S&P 500 Futures traded 7 points, or 0.2%, higher, while Nasdaq 100 Futures traded essentially flat.

The main U.S. equity indices closed lower Wednesday, snapping an impressive two-day rally, with the blue-chip Dow Jones Industrial Average dropping 100 points, or 0.3%.... More

Tesla (TSLA) PT Lowered to $205 at Cowen

Cowen analyst Jeffrey Osborne lowered the price target on Tesla (NASDAQ: TSLA) to $205.00 (from $244.00) while maintaining a Market Perform rating.... More

Tesla (TSLA) PT Lowered to $355 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Tesla (NASDAQ: TSLA) to $355.00 (from $390.00) while maintaining a Buy rating.... More

Tesla (TSLA) PT Lowered to $300 at Wedbush

Wedbush analyst Daniel Ives lowered the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $360.00) while maintaining a Outperform rating.... More

Wall Street ends lower as Fed worries outweigh earnings

By Chuck Mikolajczak

NEW YORK (Reuters) - U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank will be aggressive in hiking interest rates outweighed a flurry of solid corporate earnings.

Stocks initially rose early in the session, boosted by gains in names such as IBM, up 4.73% after the IT services company beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets. AT&T Inc surged 7.72% upon raising its annual profit forecast.

Tesla (TSLA) Sinks After Revenue Miss, Analysts Increasingly More Cautious

Shares of Tesla (NASDAQ: TSLA) are down about 6% in pre-market Thursday after the electric vehicle (EV) giant reported mixed Q3 results.

The company reported Q3 EPS of $1.05, higher than the analyst estimate of $1.03. Revenue rose 56% to $21.45 billion, falling short of the average analyst estimate of $22.5 billion.

Tesla blamed mixed results on the FX headwinds, higher raw materials, and logistics costs, as well as struggles in getting Berlin and Texas up to speed. As a result, the companys CFO Zach Kirkhorn said on the earnings call that Tesla will miss its 2022 target of... More

Stocks expected to have increasing option volume: TSLA LVS IBM AA AAL

Stocks expected to have increasing option volume: TSLA LVS IBM AA AAL

Active options: TSLA NFLX AAPL AMZN AMD NIO NVDA SNAP META

Active options: TSLA NFLX AAPL AMZN AMD NIO NVDA SNAP META

Tesla (TSLA) PT Lowered to $288 at Wolfe Research

Wolfe Research analyst Rod Lache lowered the price target on Tesla (NASDAQ: TSLA) to $288.00 (from $360.00) while maintaining a Outperform rating.... More

Tesla (TSLA) PT Lowered to $300 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $370.00) while maintaining a Buy rating.... More

Tesla (TSLA) PT Lowered to $325 at RBC Capital

RBC Capital analyst Joseph Spak lowered the price target on Tesla (NASDAQ: TSLA) to $325.00 (from $340.00) while maintaining a Outperform rating.... More