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Barclays remains sidelined on Tesla (TSLA), expects modest near-term Cybertruck volumes
July 31, 2023 10:18 AM EDTBarclays reiterated a Neutral rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $260.00 on the electric vehicle stock as the automaker prepares for the start of Cybertruck deliveries before the end of the year.
Barclays believes that the EV truck market is likely to remain niche for the foreseeable future, with the Detroit 3 (D3) maintaining a dominant position in the pickup market, including the EV truck segment. However,... More
Tesla (TSLA) to cut prices in Hong Kong
July 31, 2023 9:24 AM EDTThe Hong Kong Economic Times reports Monday that U.S. electric automaker, Tesla (NASDAQ: TSLA) will be cutting the prices of multiple variants of their Model 3 and Model Y vehicles in the country starting August 4th.
According to the report, the EV giant will implement... More
Tesla (TSLA) discussing market entry with India investment agency
July 28, 2023 11:44 AM EDTAccording to Reuters' Friday report, based on information from "two individuals familiar with the situation," two high-ranking Tesla (NASDAQ: TSLA) executives engaged in discussions with officials from India's investment promotion arm in New Delhi regarding the company's potential entry into the Indian market.
U.S. EV giant has... More
