California Asks EV Owners to Limit Charging as Heat Wave Tests Power Grid

Tesla (TSLA) Removes Type 2 Charging Cables in Hong Kong

A recent report from insideevs.com claims a number of Tesla Model S and Model X owners have noticed some V2 Supercharging locations are missing the Type 2 cables, leaving only... More

Waiting for EV Seasonal Demand; Morgan Stanley Says September is Crunch Time

China's EV market registered steady sales despite power rationing and a fresh round of Covid lockdowns. Entering September, China's weekly EV run rate is hovering at around 120k units. That's up 24% MoM but largely flat WoW after the month-end sales push in August.

Even as Chinas EV numbers track slightly behind the seasonal norm into early September, Morgan Stanley analyst, Tim Hsiao believes that it is still too early to say there's no meaningful seasonality this year.

Both NIO... More

Goldman Sachs Remains Bullish on Tesla (TSLA) After Meeting

Electric vehicle maker, Tesla (NASDAQ: TSLA) is trading up in pre-market on Tuesday following a note by Goldman Sachs analyst, Mark Delaney. Delaney reiterated a Buy rating and $333.33 price target on TSLA after meeting with the companys VP of Investor Relations, Martin Viecha.

Tesla believes that consumers will increasingly move toward EVs, even as it is too soon to quantify the effects of the newly signed Inflation Reduction... More

Insurance Company Admits it Staged Tesla (TSLA) Fire During Crash Test

A video of a crash test posted by the Swiss Auto Trade Association shows a yellow Tesla (NASDAQ: TSLA) racing towards an obstacle and then flipping over, landing upside down on its roof. Moments later, a pop erupts from the engine and the front half of the car bursts into flames.

The insurance... More

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Active options: TSLA AAPL NVDA AMZN AMD META BBBY AMC MSFT

General Motors (GM) to Offer Buyouts to U.S. Buick Dealers

The Wall Street Journal (WSJ) reported Friday that General Motors (NYSE: GM) will offer buyouts to U.S. Buick dealers as an alternative for franchise owners who dont want to make investments that will be needed as the brand goes... More

General Motors (GM) to offer dealer-buyout offers to U.S. Buick dealers - WSJ

General Motors (NYSE: GM) to offer dealer-buyout offers to U.S. Buick dealers - WSJ

Ford (F) Expands EV Sales as America’s Best-Selling Brand

Ford Motor Company (NYSE: F) reported their August sales numbers Friday with electric vehicles expanding four-fold over a year ago, growing almost four times faster than the EV segment. August sales of electric vehicles were up 307%, while gas engine vehicles climbed 24.7%.

Fords F-Series is not... More

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Active options: TSLA AAPL NVDA AMZN AMD BBBY META

Pre-Open Movers: lululemon Ramps on Strong Results, PolyPid Sinks Drug Failure

Pre-Open Stock Movers

PolyPid Ltd. (NASDAQ: PYPD) 77% LOWER; Phase 3 SHIELD I Trial of D-PLEX100 Didn't Achieve Statistical Significance

HashiCorp, Inc. (NASDAQ: HCP) 17% HIGHER; post solid Q2 results with revenue... More

Ford Motor (F) August sales rise 27.3 percent

Ford Motor Company (NYSE: F) August sales rise 27.3 percent.

Ford is Americas best-selling brand for the second month in a row. While sales for the overall industry were up 4.8 percent over a year ago, Ford grew at a faster pace of 27.3 percent for the month. Ford total market share increased 2.4 percentage points from August of last year to its current level of 13.4 percent for the month.

Demand is strong - retail orders for 23MY vehicles totaled over... More

Piper Sandler Warns Tesla Shares May Head Lower in the Coming Weeks, Remains Positive

Piper Sandler analyst Alexander Potter raised the price target on Tesla (NASDAQ: TSLA) to $360 from $344 while remaining Overweight-rated.

However, the analyst warns that Tesla stock price may head lower in the coming weeks, on the back of 1) shorter wait times; 2) China weakness; 3) geopolitics; 4) and rising... More

Ford Motor (F) option implied volatility into US August 2022 Sales Release

Ford Motor (NYSE: F) 30-day option implied volatility is at 46; compared to its 52-week range of 34 to 65 into US August 2022 Sales Release.

General Motors (GM) 30-day option implied volatility flat into US August 2022 Sales Release

General Motors (NYSE: GM) 30-day option implied volatility is at 44; compared to its 52-week range of 29 to 58 into US August 2022 Sales Release.

Stocks expected to have increasing option volume: GPS SBUX F GM STLA TSLA

Stocks expected to have increasing option volume: GPS SBUX F GM STLA TSLA

Active options: MSFT F OKTA NIO BAC AMC INTC BABA SQ SHOP

Active options: MSFT F OKTA NIO BAC AMC INTC BABA SQ SHOP

UPDATE: Tesla (TSLA) PT Raised to $360 at Piper Sandler

(Updated - September 2, 2022 6:56 AM EDT)

Piper Sandler analyst Alexander Potter raised the price target on Tesla (NASDAQ: TSLA) to $360.00 (from $344.00) while maintaining a Overweight rating.

The analyst comments "Several cross-currents may conspire to drive TSLA shares lower in the coming weeks. These include: 1)... More

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Active options: TSLA NVDA AAPL AMZN AMD META MMM BBBY GOOGL SNAP

Nouveau Monde Graphite (NMG) Gains on Report of Tesla Mine Visit

Nouveau Monde Graphite (NYSE: NMG) is gaining 7% intra-day after electrek reported that Tesla (NASDAQ: TSLA) has recently visited Nouveau Mondes graphite mine and processing factory in Quebec.

General Motors (GM) Recalls and Updates 80 Self-Driving Vehicles

General Motors' (NYSE: GM) startup unit, Cruise LLC, announced Thursday that it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco left two people injured.

The National Highway Traffic Safety Association said the recalled Cruise software could "in... More

Ford (F) Recalls 198k SUVs for Fire Risk

Ford Motor (NYSE: F) announced Thursday that the company is recalling 198,000 SUVs in the United States to replace the blower motor assembly after reports of 25 fires. The automaker believes the problem is a defect in the blower motor located behind the glovebox.

The recall covers... More

California Passes Bill Targeting Tesla’s (TSLA) Full Self-Driving Program

A bill targeting Teslas (NASDAQ: TSLA) depiction of its Full Self-Driving (FSD) program passed the California state Senate on Tuesday night and now heads to Gov. Gavin Newsom for his signature.

The electric vehicle leader has been marketing its FSD option since 2016. State legislators believe that a reasonable person might infer by the name that the software package enables a car to drive itself, fully. It does not.

No car available for consumers to buy is capable of full self-driving. The California Department of Motor Vehicles (DMV) has rules on its... More

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Active options: TSLA AAPL BBBY META SNAP AMZN NVDA AMD BABA CHPT MSFT

General Motors (GM) Recalls Chevy Spark

General Motors (NYSE: GM) is recalling certain 2013-2015 Chevrolet Spark and 2014-2015 Chevrolet Spark EV vehicles according to a report on the National Highway Traffic Safety Associations website. The recall notice, which effects approximately 120,500 vehicles, mentions that the vehicles secondary hood latch may corrode at the latch pivot, preventing the hood latch from properly engaging.

Under the defect description, the NHTSA report... More

UPDATE: Tesla (TSLA) is facing 'unprecedented demand' - electrek citing New Street Analyst

(Updated - August 31, 2022 2:07 PM EDT)

Tesla (NASDAQ: TSLA) is facing unprecedented demand, electrek reports citing New Street Research analyst Pierre Ferragu following Gigafactory Berlin tour.

SI NOTE: Several analysts were on the same tour and issued comments earlier this week.

Ford (F) Recalls 277K Vehicles to Fix Cloudy Rear Camera Lens

Ford (NYSE: F) is recalling more than 277,000 vehicles in the U.S. because the rear-view camera lens can get cloudy and reduce visibility for the driver.

The recall covers certain F-250, 350 and 450 trucks as well as the Lincoln Continental, all from the 2017 through 2020... More

General Motors (GM) Recalls SUVs in UAE Over Faulty Seatbelts

General Motors (NYSE: GM) has recalled over 6,000 SUVs in the UAE over a possible issue with third-row seat belts. The recall is for Cadillac Escalade and Escalade ESV, Chevrolet Suburban and Tahoe, and GMC Yukon and Yukon XL vehicles from the 2021 and 2022 model years.

General Motors said the rivets that hold the buckle to the mounting bracket on the left and right side third-row seats may have been faulty, adding the improper belts... More

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Active options: TSLA AAPL AMZN BBBY NVDA AMD MMM META BABA MSFT F