Tag Archives: Teslas

The EV kingpin, Tesla Inc. (NASDAQ:TSLA), has delivered yet another stellar earnings report that has again cemented its credentials as one of the few electric vehicle manufacturers ready to challenge the ICE hegemony. For years, naysayers and short-sellers like Citron Research were willing to bet the house that Elon Musk’s high-wire act wouldn’t end well, with the preordained denouement being a bankruptcy or a sale.  But those speculations have been short-lived: The rapid-fire company has… Source link

Tesla’s (TSLA) record profits for the fourth quarter are sending shares toward record highs. The next catalyst to take the stock up could be the electric vehicle giant’s autonomous program, Oppenheimer analyst Colin Rusch told Yahoo Finance Live. “Valuation is pretty substantial for the company, and it’s really predicated in our view, around their ability to deliver on the autonomous program,” he said. “We think the EV program where they’ve done a tremendous job and are continuing to make… Source link

Aug 28 (Reuters) – Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp’s planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported. Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings… Source link

Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck’s shatterproof windows, along comes AI Day 2021 – a day that we’re certain is going to live in Tesla-infamy for one reason or another. Naturally, having solved the issues of making cars profitably and achieving the company’s goal of 1 million robotaxis on the road, Tesla took yesterday’s event as an opportunity to reveal their next game-changing product that doesn’t exist, a… Source link

The federal government’s investigation into Tesla’s (TSLA) Autopilot system following a series of crashes in recent years is a major setback for the car company, one analyst says. “This is definitely a bit of a black eye,” Wedbush Securities analyst Dan Ives said on Yahoo Finance Live (video above). “From an investor perspective, especially given it’s the gold standard from a technology perspective, this formal investigation definitely takes a bit of the bloom off the rose when it comes to”… Source link

BERLIN (Reuters) -Tesla CEO Elon Musk has made clear how important it is for the company to keep to its schedule for the construction of its European gigafactory in the German state of Brandenburg, its Economy Minister Joerg Steinbach said. Tesla also said it was willing to intensify communication in the site near the town of Gruenheide and involve local citizens more, Steinbach told Reuters after a meeting with Musk in Germany on Wednesday. Tesla has pushed back the expected opening of its… Source link

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link

Tesla, Inc. (NASDAQ: TSLA) recently launched the subscription option for full self-driving. Loup Ventures Managing Partner Gene Munster offered his take on what this means for the company. FSD Can Move The Financial Needle: The subscription option can accelerate FSD adoption, given the cost shifts from $10,000 upfront to $200 per month, or $99 for cars that already have advanced Autopilot, Munster said in the note. This, according to the analyst, is an important step along the long-term path… Source link

Tesla’s (TSLA) new 2021 Model S Plaid is an “impressive feat” in terms of performance and technology, and makes a strong addition to the car manufacturer’s product portfolio, Colin Rusch, senior research analyst at Oppenheimer Holdings (OPY), told Yahoo Finance Live. June 10’s “delivery event” for the Model S Plaid showcased the raw capabilities of the newest member of Tesla’s lineup. With deliveries kicking off last Thursday, customers are now able to take ownership of an EV… Source link

(Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May, when compared to April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data.    The company’s monthly net orders in China dropped to about 9,800 in May from more than 18,000 in April, the report https://bit.ly/3phOPE4 said, sending shares down nearly 5% in afternoon trading.    China is the electric car maker’s second-biggest… Source link