Tesla (TSLA) cuts prices in Japan

Volkswagen to launch autonomous vehicles in Texas by 2026

German auto maker, Volkswagen (VW) announced Thursday their plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas by 2026.

VW had previously made a costly investment into Ford's now Ford's now-defunct self-driving car unit, Argo. The company took nearly 100 people... More

U.S. regulators press Tesla (TSLA) for updated response in autopilot probe

The National Highway Traffic and Safety Administration (NHTSA) revealed Thursday that the U.S. automotive safety regulator is seeking an updated response and current data from Tesla (NASDAQ: TSLA) regarding an ongoing probe into 830,000 Tesla vehicles and the automaker's Full Self-Driving system (FSD).

The NHTSA sent a letter to Tesla a on July 3rd seeking updates to questions it had asked in August 2022. According to... More

BoA raises estimates on Tesla (TSLA) as volumes 'exceed expectations'

Bank of America reiterated a Neutral rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target for the stock to $300.00 (From $225.00) as auto suppliers see higher volumes and lower costs so far in 2023.

Analyst John Murphy wrote in a note, Since 2020, the industry, but specifically... More

Citi opens 90-day catalyst watch on BYD

Citi Research opened a 90-day positive catalyst watch on Chinese automaker, BYD as analyst Jeff Chung expects the company's 2Q23E NP to reach Rmb5-5.7bn showing a quarter-on-quarter (QoQ) growth of 25-30%.

Additionally, the estimated net profit per vehicle for the second quarter of 2023 is... More

North America and Europe lead surge in global EV demand

Analyst Ranulf Orr from Citi Research reported a surge in demand for Battery Electric Vehicles (BEV) in May, with a 46% increase compared to the previous year. The primary drivers of demand growth were Europe and North America, experiencing respective year-on-year rises of 59% and 50%. In contrast, China's growth was more... More

Needham remains sidelined on Tesla (TSLA) following 2Q delivery beat

Needham reiterated a Hold rating on Tesla (NASDAQ: TSLA) after the electric giant posted its 2Q production and delivery numbers, beating consensus estimates by about 5%.

Over the past year, the growth in TSLA's production capacity has surpassed the growth in vehicle deliveries. As a result, there have been several rounds of price cuts throughout the year, with the most significant reductions occurring in early Q1. According to Needham, TSLA's inventory is still expanding, albeit at a slower pace. They consider this a mildly positive development, but they believe that additional confirmation... More

Netflix, Rivian, Wolfspeed rise premarket; Tesla, UPS fall

Investing.com -- U.S. futures traded lower, with investors cautious ahead of the release of Federal Reserve meeting minutes from the June policy gathering.

Here are some of the biggest premarket... More

Tesla cuts prices in Japan for Model 3 and Y

TOKYO (Reuters) - Tesla Inc cut prices in Japan of its Model 3 and Y electric vehicles by low single-digit percentages from the start of this month, it said on Tuesday.

The company slashed prices for all variants of its lower-priced Model 3 by about 3%, its website showed, while... More

Active options: TSLA AAPL RIVN NVDA AMZN NKLA AMC AMD

Active options: TSLA AAPL RIVN NVDA AMZN NKLA AMC AMD

Active options: TSLA AAPL NVDA MSFT GOOGL AMD

Active options: TSLA AAPL NVDA MSFT GOOGL AMD

Tesla (TSLA) option implied volatility flat as shares rally 7%

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 57; compared to its 52-week range of 44 to 96 as shares rally 7%.

U.S. stocks are muted; Nasdaq rises on Tesla's deliveries beat

Investing.com -- U.S. stocks are mixed on a shortened day of trading in New York after Tesla reported record deliveries.

At 09:36 ET (13:36 GMT), the Dow Jones Industrial Average was down 83 points or 0.2%, while the S&P 500 was down 0.1% and the NASDAQ Composite was up 0.2%.

Tesla, Inc. (NASDAQ: TSLA) shares jumped 8.3% after the electric vehicle... More

Rivian (RIVN) jumps 14% after smashing 2Q delivery estimates

Shares of California-based electric automaker, Rivian (RIVN) surged almost 14% in early trading Monday after the EV start-up overcame Wall Street expectations to deliver 12,640 vehicles in the second quarter. A 59% increase over last years delivery results.

It produced 13,992 vehicles at its manufacturing facility in Normal, Illinois during the same... More

Chinese EV start-ups surge following June delivery numbers

Shares of Chinese electric vehicle makers Nio (NYSE: NIO), Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) are surging pre-market after the three announced June delivery numbers.

NIO is up 4.2% in pre-market trading Monday after the Chinese automaker announced over the weekend that they delivered 10,707 last month, a 17.4% drop from the same time last year, but a significant 74% increase from numbers reported... More

Tesla, XPeng, Nio rise premarket; AstraZeneca, AMC Entertainment fall

Investing.com -- U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.

Here are some of the biggest... More

Tesla extends blistering rally after quarterly deliveries beat

By Aditya Soni

(Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working.

The day's gains lifted the top U.S. electric-vehicle manufacturer's market capitalization by around $57 billion to $887 billion.

At $277, the stock has already more than doubled in value this year and risen far above price targets set by analysts, prompting caution from some brokerages that margins will suffer because of the aggressive discounting spree.

Meanwhile, Irvine, California-based electric vehicle maker Rivian Automotive on Monday topped market estimates for second-quarter... More

Tesla (TSLA) PT Raised to $120 at JPMorgan, Remains Underweight, 'Expect Upward Pressure'

(Updated - July 3, 2023 6:28 AM EDT)

JPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $120.00 (from $115.00) while maintaining a Underweight rating.

The analyst comments "We expect to see Tesla shares trade higher Monday after the firm on Sunday reported 2Q23 deliveries of 466,140 units, or +4% higher than Bloomberg consensus for 448,351. Deliveries also tracked... More

Tesla (TSLA) PT Raised to $270 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner raised the price target on Tesla (NASDAQ: TSLA) to $270.00 (from $260.00) while maintaining a Buy rating.... More

Tesla (TSLA) PT Raised to $240 at Truist Securities

Truist Securities analyst William Stein raised the price target on Tesla (NASDAQ: TSLA) to $240.00 (from $154.00) while maintaining a Hold rating.... More

Tesla (TSLA) PT Raised to $275 at Goldman Sachs

Goldman Sachs analyst Mark Delaney raised the price target on Tesla (NASDAQ: TSLA) to $275.00 (from $248.00) while maintaining a Neutral rating.... More

EV Charging Firms Oppose Texas' 'premature' Plan To Mandate Tesla Standard - Reuters

EV Charging Firms Oppose Texas' 'premature' Plan To Mandate Tesla Standard - Reuters

Tesla deliveries, Vision Pro production targets - what's moving markets

Investing.com -- Tesla unveils bumper second-quarter vehicle deliveries following a move by the electric carmaking giant to lower prices. Meanwhile, Apple is reportedly slashing its production targets for its Vision Pro headset and a major decision in San Francisco hangs over the future of Microsoft's megamerger with Activision Blizzard.

1. Tesla deliveries trounce expectations

Tesla (NASDAQ: TSLA) announced that deliveries in the second quarter jumped to a record 466,140, in a sign that a decision by the... More

Chinese EV stocks rally as June deliveries spike

Investing.com -- Shares of Chinese electric vehicle makers surged on Monday, amid increased optimism over the sector after the largest players in the country clocked a sizeable jump in vehicle deliveries through June

Sentiment towards the EV sector was also buoyed by Tesla Inc (NASDAQ: TSLA), which logged a record number of vehicle deliveries in the second quarter.

Hong Kong-listed shares of... More

Goldman's list of S&P 500 stocks with secular sales and net income growth greater than 10%

Goldman Sachs analyst David Kostin: "The largest tech stocks in the US equity market make it clear that identifying firms capable of posting sustained 10%+ sales growth in their nascent stages can be rewarding for investors. Rapid and consistent sales growth was a common attribute of todays largest stocks as... More

Stocks expected to have increasing option volume

Stocks expected to have increasing option volume: TSLA

Tesla (TSLA) option IV into Tesla produced 479,700 vehicles in Q2, delivered 466,140

Tesla (NASDAQ: TSLA) 30-day option implied volatility is at 58; compared to its 52-week range of 44 to 96 into Tesla produced 479,700 vehicles in Q2, delivered 466,140.

Tesla (TSLA) PT Raised to $293 at Canaccord Genuity

Canaccord Genuity analyst George Gianarikas raised the price target on Tesla (NASDAQ: TSLA) to $293.00 (from $257.00) while maintaining a Buy rating.... More