Tesla (TSLA) October option implied volatility into quarter results

Toyota (TM) adopts Tesla’s (TSLA) NACS

Toyota (NYSE: TM) announced Thursday, the Japanese automakers North American segment has reached an agreement with Tesla (NASDAQ: TSLA) to adopt the electric vehicle giants North American Charging Standard (NACS) connection for its battery electric vehicles... More

Tesla (TSLA) PT Lowered to $275 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Tesla (NASDAQ: TSLA) to $275.00 (from $285.00) while maintaining a Buy rating.

The analyst comments "In the near term, we continue to believe worries over limited 2024 growth and expected drag from Cybertruck could dampen investor sentiment,... More

Chinas CATL reports severe drop in profit growth as EV demand weakens

China's CATL, the leading global battery manufacturer for electric vehicles (EV), announced on Thursday that its third-quarter profits had grown by 10.7%, representing the companys slowest quarter since the beginning of last year. Management attributes the slowdown to a combination of reduced demand and intensified competition.

This growth figure stands in stark contrast to the 63.2% profit increase in the previous quarter and the substantial 188.4% surge experienced in the third quarter of 2022.

Recent data revealed that CATL witnessed a decline... More

Tesla (TSLA) follows GM and Ford (F), slows EV ramp as demand drops

Tesla (NASDAQ: TSLA), on Wednesday, echoed the cautious approach of General Motors (NYSE: GM) and Ford (NYSE: F) towards expanding electric vehicle (EV) production capacity. The company cited economic uncertainties and emphasized concerns about a possible decline in demand.

Tesla CEO, Elon Musk voiced his apprehension about the... More

Citi cuts estimates on Tesla (TSLA) following 3Q miss

Citi reiterated a Neutral rating on Tesla (NASDAQ: TSLA) and cut their 12-month price target on the electric automakers stock to $255.00 (From $271) following the companys 3Q earnings miss.

The company reported 3Q EPS of $0.66, missing the Streets $0.72 estimate by $0.06. Revenues came in... More

Tesla (TSLA) shares drop 7% in early trading

Shares of Tesla (NASDAQ: TSLA) dropped by more than 7% in pre-market trading Thursday morning. The drop comes as Wall Street analysts raise doubts about the company's capacity to sustain the exceptional growth that has distinguished the electric-vehicle maker from other automakers.

CEO Elon Musk, who last year referred to Tesla as "recession-resilient", expressed his concerns Wednesday about the potential effects of elevated interest rates on demand.

This unease follows the... More

JPMorgan Stays Underweight on Tesla (TSLA), PT $135, 'fraught with greater risk'

JPMorgan analyst Ryan Brinkman reiterated an Underweight rating and $135.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "

Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product portfolio, and leading-edge technology, which we believe are more... More

Tesla (TSLA) PT Lowered to $380 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $380.00 (from $400.00) while maintaining a Overweight rating.

The analyst comments "Teslas 3Q results were below consensus, but the commentary on the analyst call is what set the tone for... More

Tesla (TSLA) PT Lowered to $267 at Canaccord, 'Managing through a changing interest rate regime'

Canaccord Genuity analyst George Gianarikas lowered the price target on Tesla (NASDAQ: TSLA) to $267.00 (from $293.00) while maintaining a Buy rating.

The analyst comments "It didnt have the same zip. A lot of talk about rising interest rates, a tough Cybertruck production slog ahead, and future cost... More

Tesla (TSLA) announces delivery event for Cybertruck

Tesla (NASDAQ: TSLA) announced Wednesday, through social media platform X, formally Twitter, that the electric vehicle giant will be holding a launch event for their long awaited Cybertruck electric pickup at the companys Gigafactory in Texas on November 30th of this... More

British minister ‘optimistic’ on finding solution to EV tariffs

On Wednesday, British Business Secretary Kemi Badenoch expressed strong confidence in finding a resolution for automakers to circumvent imminent tariffs on the trade of electric vehicles (EVs) with the European Union, stating that she was very optimistic about the prospects.

"We're regularly raising this with EU counterparts, and it is just simply the nature of trade negotiations and trade policy," said Badenoch during an even... More

Swedish metal union threatens to strike at Tesla (TSLA)

Members of Swedish metal workers union, IF Metall are threatening to call for a strike at all in all seven cities where Tesla (NASDAQ: TSLA) operates service centers due to salary and pension concerns.

Around 90 percent of employees are covered by a collective bargaining... More

Deutsche Bank continues to see downside risk for Tesla (TSLA) EPS (later today)

Analysts at Deutsche Bank Research continue to see downside risk for Tesla (NASDAQ: TSLA) ahead of the electric vehicles 3Q earnings report, scheduled to be released after the closing bell Wednesday.

Late last month, the research firm cut 3Q delivery estimates for the automaker to 440,000... More

Tesla (TSLA) pushes US to adopt stricter fuel efficiency rules

Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.

In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More