Beep Inc. appoints three new executives in leadership expansion

'I think it's time for Tesla to grow up' - Ross Gerber plans activist run for board seat

Ross Gerber, a vocal Tesla (NASDAQ: TSLA) supporter and shareholder, confirmed Friday during an audio conference with Bloomberg that the Gerber Kawasaki investment firm CEO will pursue a seat on the electric vehicle companys board of directors.

Tesla needs to build... More

Tesla (TSLA) must unlock EV chargers or leave billions on the table

An exclusive story by Reuters reports today, citing administration officials, that the Department of Transportation is expected to finalize a requirement next week that will pressure Tesla (NASDA: TSLA) to expand beyond its proprietary charging equipment in the U.S. and add the charger used by its competitors.

Tesla CEO, Elon Musk has previously talked about the possibility of opening the companys Supercharging network to competitors, but has yet to do so in the United States. However, if the requirements are finalized and Tesla still refuses, the auto maker will be left... More

Rivian (RIVN) dips as Ford (F) cuts stake in the EV maker to about 1%

Shares of Rivian (RIVN) were down 3.6% in early trading on Friday after Ford (NYSE: F) cut their stake in the electric vehicle company to 1.15%. The decision by Ford comes a week after the Detroit automaker reported a fall in profit and predicted a tough year ahead.

The... More

Morgan Stanley seeks narrative change at Tesla’s (TSLA) investor day as shares nears valuation

Morgan Stanley reiterated an Overweight rating on Tesla (NASDAQ: TSLA) as the companys stock has nearly doubled since January 3rd, taking the stock to just under their $220 price target. Over the 27 trading days YTD, Tesla has traded an accumulated $ value (VWAP) of $804bn. By comparison, the trailing 27 days leading up to... More

Tesla (TSLA) raises prices in China

Shares of electric vehicle maker Tesla (NASDAQ: TSLA) are down 2.13% in pre-market trading on Friday after the automaker increased the starting price of its Model Y crossovers. According to an update to its online configurator today, the company increased the price of its standard range... More

General Motors (GM) and GlobalFoundries (GFS) announce long term direct supply agreement

American vehicle manufacturer General Motors (NYSE: GM) announced Thursday, alongside GlobalFoundries (NASDAQ: GFS), that the two have in a strategic, long-term agreement. The agreement establishes a dedicated capacity corridor exclusively for GM's chip supply. Through this direct supply agreement, GFS will manufacture key chips for GM through their advanced semiconductor facility in upstate New York bringing a critical... More

BTIG Says Now is Time to Fade Tesla (TSLA) Rally, 'Even if you are bullish on the name, these levels appear overextended'

BTIG Says Now is Time to Fade Tesla (NASDAQ: TSLA) Rally.

CMT Jonathan Krinsky comments "Tesla (TSLA, Not Rated) is working on its 8th consecutive up day. It has more than doubled off its January 6th low. The 24-day rate-of-change (87%) is the... More

Lucid Group (LCID) enters Tesla-led price war with $7,500 EV credit offer

Lucid Group (NASDAQ: LCID) announced Thursday that the American EV company will be offering a new $7,500 credit for customers buying select variants of the Air luxury electric car. The credit unofficially announces the groups entry into what is being called a Tesla-led price war.

The recent... More

Lucid Group (LCID) responds to competitor price cuts with new EV credit

American electric vehicle maker, Lucid Group, Inc. (NASDAQ: LCID) announced Thursday that, starting today, new customers can receive a $7,500 EV credit when they purchase a new Lucid Air. The limited time offer is available for select configurations of Lucid Air Touring and Air Grand Touring models purchased by March 31, 2023.

"We think... More

Increasing competition and share losses have Bernstein doubting Tesla (TSLA)

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as electric vehicle makers report 2022 numbers.

2022 was another year strong year for EV growth. Battery EVs grew ~70% from 3.8M to 6.5M, on top of a strong comp of ~110% in 2021. Amid an overall decline in the auto market, BEVs now account for 8.3% of total light vehicle volumes.

Despite unit growth of 40%, Tesla's BEV share actually declined from 25% in 2021 to 20% in 2022, and down ~800 bps from its peak of 28% in 2020.... More

Tesla (TSLA) Trades at High, Up 2.4%

Tesla (NASDAQ: TSLA) Trades at High, Up 2.4%

GM (GM) Is Said To Compete For $2B Stake In Vale's (VALE)Base Metals Unit- Bloomberg

(Updated - February 8, 2023 9:28 AM EST)

GM (NYSE: GM) Is Said To Compete For $2B Stake In Vale's Base Metals Unit- Bloomberg

Elon Musk to unveil Tesla's 'Master Plan 3' at first investor day

(Reuters) -Tesla Inc Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker's "Master Plan" when the company holds its first investor day on March 1.

In 2006 and 2016, the billionaire laid out his vision for the electric carmaker, but much of the plans have yet to be achieved.

"Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1," Musk tweeted on Wednesday.

At Tesla's annual shareholder meeting in August, Musk said the third part of... More

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP META LAZR

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP META LAZR

Hertz has fewer Teslas in its fleet than planned

(Reuters) - Hertz Global Holdings Inc's rental fleet has less than half the number of Tesla cars it planned to order in 2022, its regulatory filing showed on Tuesday.

Hertz's fleet in the Americas peaked at 428,700 vehicles for the year ended Dec. 31, 2022, of which 11% were Tesla cars, the filing... More

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA SNAP

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA

Active options: TSLA BBBY AMZN AAPL PINS MSFT AMC NVDA

Ford (F) PT Lowered to $14 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered the price target on Ford (NYSE: F) to $14.00 (from $15.00) while maintaining a Overweight rating.... More

Morgan Stanley defends Ford (F) following 4Q miss

Morgan Stanley reiterated an Overweight rating on Ford (NYSE: F) and cut the price target on the stock to $14.00 (From $15.00) following the car makers 4Q earnings report. Ford missed 4Q by 30%, the only major miss of the 4Q auto earnings season thus far. The miss left investors struggling with a clear strategy on the way... More

Baidu surges after claiming AI tool nearing launch

By Geoffrey Smith

Investing.com -- Shares in Chinese search engine giant Baidu (HK:9888) (NASDAQ: BIDU) surged in Hong Kong on Tuesday after the company said its close to completing tests of an AI project akin to Microsoft-backed ChatGPT.

Baidu said it has been working on Ernie, an acronym for "Enhanced Representation through Knowledge Integration," since... More

Active options: TSLA BBBY AAPL AMC AMZN META NVDA GOOGL SNAP

Active options: TSLA BBBY AAPL AMC AMZN META NVDA GOOGL SNAP

U.S. judge orders waste rock study for Thacker Pass lithium project

By Ernest Scheyder

(Reuters) -A U.S. judge ordered regulators to reconsider part of the permit approving Lithium Americas Corp's Thacker Pass lithium mine project in Nevada, though the mixed ruling allows construction to begin and rejects claims that the project would cause unnecessary harm to the environment or wildlife.

Shares of Vancouver-based Lithium Americas rose 10.3% in New York to close at $25.87 on Tuesday after the ruling, which was issued Monday evening.

The proposed mine would be North America's largest source of lithium for electric vehicle batteries and a key pillar in U.S. President Joe... More

Today’s most important price target changes

RBC Capital raised the price target on Tesla (NASDAQ: TSLA) to $223.00 from $186.00 while maintaining an Outperform rating following the Q4 earnings results, with the company seeing a strong demand response from their recent price cuts through late January and the strongest orders year-to-date than ever in their history.

TSLA is demonstrating they can spur demand growth while maintaining margins above 20%, a positive for the near- and long-term outlook.... More

Active options: TSLA BBBY AAPL AMC AMZN META NVDA GOOGL SNAP

Active options: TSLA BBBY AAPL AMC AMZN META NVDA GOOGL SNAP

S&P 500 off lows but remains pressured as Fed jitters drive up Treasury yields

By Yasin Ebrahim

Investing.com -- The S&P 500 moved off lows Monday, but remained pressured by a resurgence in bond yields as investors continue to price in the prospect of a more aggressive Federal Reserve after last weeks red-hot jobs report.

The S&P 500 fell 0.36%, the Dow Jones Industrial Average rose 0.1%, or 29 points, the Nasdaq was down 0.61%.

The 10-year yield rose above 3.6%, hitting a more than one-month high, amid renewed investor fears about a more aggressive Federal Reserve following a red-hot January jobs report seen last week.

With the... More

RBC Capital builds on confidence as Tesla (TSLA) shows they can spur demand growth

RBC Capital reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised their price target on the stock to $223.00 (From $186.00) following the electric vehicle companys 4Q earnings results.

Analyst Tom Narayan wrote in a note, TSLA is demonstrating they can spur demand growth while maintaining margins above 20%, a positive for the near- and long-term outlook.... More

Tesla (TSLA) PT Raised to $223 at RBC Capital

RBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $223.00 (from $186.00) while maintaining a Outperform rating.

The analyst comments "TSLA is demonstrating they can spur demand growth while maintaining margins above 20%, a positive for the near- and long-term... More

Active options: TSLA AAPL AMZN META AMC GOOGL NVDA F GOOG AMD

Active options: TSLA AAPL AMZN META AMC GOOGL NVDA F GOOG AMD

Tesla (TSLA) raised at Wedbush as price cuts sway Chinese buyers

Wedbush reiterated an Outperform rating on Tesla (NASDAQ: TSLA) and raised the price target on the stock to $225.00 (From $200.00) following recent survey work. Based on the survey work, analyst Daniel Ives believes that the China EV reacceleration story for Tesla is just starting to hit its... More

Tesla (TSLA) PT Raised to $225 at Wedbush

Wedbush analyst Daniel Ives raised the price target on Tesla (NASDAQ: TSLA) to $225.00 (from $200.00) while maintaining a Outperform rating.... More

Active options: TSLA AAPL AMZN META AMC GOOGL NVDA F

Active options: TSLA AAPL AMZN META AMC GOOGL NVDA F

Ford (F) PT Lowered to $11 at Evercore ISI

Evercore ISI analyst Chris McNally lowered the price target on Ford (NYSE: F) to $11.00 (from $13.00) while maintaining a In Line rating.... More