Airbnb, TripAdvisor, Tesla rise premarket; Barclays, Devon Energy fall

Goldman Sachs expects sustainable energy to be highlight of Tesla (TSLA) investor day

Goldman Sachs reiterated a Buy rating and $200.00 price target on Tesla Inc. (NASDAQ: TSLA) ahead of the electric vehicle makers investor day on March 1st in Austin Texas. Analyst Mark Delaney expects the company to primarily focus on the Energy segment, with CEO Elon Musk planning to present Master Plan 3 and discuss whats needed for the world to transition to sustainable energy. Delaney also expects topics will include Full Self Driving (FSD) and the Optimus robot and financial drivers (including EBIT margins/opex leverage, and capital allocation).

Goldman Sachs... More

Tesla (TSLA) recalls over 362,000 vehicles due to FSD crash risk

The National Highway Traffic and Safety Administration (NHTSA) announced on their website that Tesla (NASDAQ: TSLA) is recalling 362,758 vehicles equipped with Full Self-Driving Beta (FSD Beta) software or pending installation.

The system may allow the vehicle to act unsafe around intersections, including traveling... More

Tesla's (TSLA) Model Y is sold out for the quarter in U.S.

A story by electrek.co late Wednesday reports that electric vehicle giant Tesla (NASDAQ: TSLA) has sold out the Model Y for the quarter in the United States with no more production builds until... More

Berkshire's Charlie Munger says BYD is so far ahead of Tesla (TSLA) 'it's almost ridiculous'

Charlie Munger, vice chairman of Berkshire Hathaway, appeared at the Daily Journals virtual annual meeting Wednesday and spoke about the state of electric vehicles in China. The billionaire investment banker said on the show that Tesla (NASDAQ: TSLA) pales in comparison to BYD in China, calling the Chinese electric vehicle maker his favorite stock ever.

I have never helped do anything... More

Bernstein does not expect Tesla (TSLA) to have high volume offering before 2025

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as analyst Toni Sacconaghi struggles to see how the EV maker can meet consensus expectations of ~2.4-2.5M units in 2024.

Last week, Sacconaghi took a high-level look at the global and regional EV market and Teslas market share. Historically in the EV market, newer models have typically gained share. 60% of the top 20 best-selling EV models... More

Tesla (TSLA) fires dozens in NY following union effort

According to a new complaint with the US National Labor Relations Board, Tesla (NASDAQ: TSLA) has fired dozens of employees at Gigafactory New York just one day after a new unionization effort was launched.

According to a Bloomberg report, the union in a filing with the US National Labor Relations Board, has accused Tesla of illegally terminating the employees in retaliation for union activity and to discourage union activity. The union has... More

Tesla (TSLA) to temporarily halt some production to upgrade Shanghai factory

Bloomberg reports Wednesday, citing people familiar with the matter, that Tesla (NASDAQ: TSLA) will temporarily halt some production at the companys Shanghai factory until the end of February. The interruption facilitates the companys plans to upgrade the factory to start rolling... More

Airbnb Inc. (ABNB) PT Raised to $145 at BofA Securities

BofA Securities analyst Justin Post raised the price target on Airbnb Inc. (NASDAQ: ABNB) to $145.00 (from $130.00) while maintaining a Neutral rating.

White House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program

UPDATE: updated for quote attribution

President Bidens administration announced Wednesday morning that Tesla (NASDAQ: TSLA) would be opening part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways. A move that could push the electric vehicle company towards becoming the universal filling... More