BYD launches three EVs in Indonesia with goal to become market leader
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Morgan Stanley cuts price target on Tesla (TSLA) ahead of 4Q report
January 22, 2024 8:09 AM ESTMorgan Stanley reiterated an Overweight rating on Top Pick Tesla (NASDAQ: TSLA) and cut their 12-month price target on the electric auto stock to $345.00 (From $380.00) ahead of the companys 4Q earnings report, expected to be released on January 24th.
Global EV momentum is stalling. The market is over-supplied vs. demand. Wrote Morgan... More
Tesla (TSLA) PT Lowered to $345 at Morgan Stanley, 'Global EV momentum is stalling'
January 22, 2024 6:27 AM ESTMorgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $345.00 (from $380.00) while maintaining a Equalweight rating.
The analyst comments "Global EV momentum is stalling. The market is over-supplied vs. demand. We anticipate Teslas 2024 outlook to be cautious on... More
BYD distributor to triple EV dealerships in Thailand
January 19, 2024 11:04 AM ESTThe exclusive Thai distributor of BYD plans to triple its dealerships within the next two years. A strategic move aimed at solidifying BYD's leading position in the Thai market.
In the fourth quarter of the previous year, BYD surpassed Tesla (NASDAQ: TSLA) to become the top EV maker globally. The expansion in Thailand serves as a significant step in BYD's global expansion strategy, particularly in markets where its U.S. competitor has not yet... More
U.S. to invest $325M to repair EV chargers while cutting costs
January 19, 2024 8:41 AM ESTThe White House announced that the U.S. Departments of Transportation and Energy will invest $325 million in three programs aimed at advancing electric vehicle (EV) technologies, repairing chargers, and reducing battery costs.
During the announcement, the White House stated that the funding for EV chargers will address the... More
Tesla (TSLA) to show Cybertruck in China
January 18, 2024 2:05 PM ESTTesla (NASDAQ: TSLA) China announced plans to embark on a countrywide tour to exhibit its leading Cybertruck pickup, as revealed on WeChat, China's social media messaging platform.
The specific dates for the tour were not provided by the U.S. automaker.... More
