Tesla sued by US agency over alleged harassment of Black factory workers

Tesla (TSLA) Semi covers over 1,000 miles in a single day

A PepsiCo Tesla Semi successfully travelled over 1,000 miles during a single working day, as documented by the monitoring devices integrated into the vehicle as part of the North American Council for Freight Efficiency (NACFE) Run On Less initiative. A program designed to assess the practical efficiency of zero-emission commercial trucks.

The truck identified as "Tesla 3" recorded a total mileage of 1,076 miles during its journey and completed only one delivery.

As per the... More

U.S. agency files lawsuit against Tesla (TSLA) alleging harassment of black factory workers

A U.S. civil rights agency initiated a lawsuit against Tesla Inc (NASDAQ: TSLA), Thursday, alleging that the electric car manufacturer has allowed persistent harassment against Black workers at its assembly plant in Fremont, California.

The U.S. Equal Employment Opportunity Commission (EEOC) has asserted that, from 2015 to the present, Black employees working at the Tesla plant have been consistently exposed to offensive racial slurs and defacement,... More

Analysts cut 3Q delivery estimates on Tesla (TSLA)

Shares of Tesla (NASDAQ: TSLA) are up in pre-market trading Friday despite estimates being cut by analysts from three different firms today.

Citi reiterated a Neutral rating and $278 price target on the electric automaker ahead of the companys 3Q delivery report.

Citi analysts cut delivery estimates for the companys 3Q to 450k from 468.5k, leading to a reduced EPS estimate of $0.75 from $0.81. The updated estimates reflect... More

Citi Updates Deliveries Estimate on Tesla (TSLA): 'Our Q3 delivery estimate is reduced to 450k from 468.5k'

Citi analyst Itay Michaeli reiterated a Neutral rating and $278.00 price target on Tesla (NASDAQ: TSLA)

The analyst comments "Ahead of Teslas Q3 vehicle delivery release, were updating our model to reflect latest available datapoints. Our Q3 delivery estimate is... More