Tesla (NASDAQ:TSLA) shares are getting a modest boost Wednesday following reports that the company might qualify for a lower EU duty on its Chinese-made EVs. According to Politico, European Union inspectors visited the company’s Shanghai factory last week to evaluate whether cars manufactured at the facility were receiving unfair andContinue Reading
Tesla (NASDAQ:TSLA) shares continued gains for seven straight sessions, as the stock rose 6.1% to $245.4. The Elon Musk-owned company gained more than 26% in the preceding six sessions. The stock was down 1.2% since the start of the year. The company closed 10% higher on Tuesday and touched itsContinue Reading
Justin Sullivan/Getty Images News Ford (NYSE:F) vehicle sales were up 1% in Q2 year-over-year to 536,050 EV sales increased by 61% to 23,957 and are up 72% for the year, second only to Tesla. Sales of the F-150 Lightning increased 77% in Q2 to 7,902, and E-Transit sales were upContinue Reading
Justin Sullivan/Getty Images News Tesla (NASDAQ:TSLA) moved up 2.4% in premarket trading on Wednesday to add to Tuesday’s gain of 10.2%. The electric vehicle stock was jolted by a better-than-feared Q2 deliveries report from Tesla (TSLA) and growing enthusiasm for the Robotaxi event on August 8. Wedbush Securities boosted itsContinue Reading
jetcityimage Tesla (NASDAQ:TSLA) is being sized up by analysts and investors are reporting 443,956 deliveries for Q2 to beat the consensus estimate for a tally of 439,302 vehicles. Notably, most of Tesla’s (TSLA) sales came from the smaller and cheaper Models 3 and Y lines, with the company selling onlyContinue Reading
LewisTsePuiLung/iStock Editorial via Getty Images BYD (OTCPK:BYDDF) has set a new sales record in the second quarter, driven by price cuts across most models, and is inching closer towards overtaking Tesla (TSLA) once again as the world’s top seller of electric vehicles. The Chinese EV maker sold 426,039 pure EVsContinue Reading
jetcityimage Tesla (NASDAQ:TSLA) is expected to show a drop in quarterly deliveries when it issues its Q2 update during the first few days of July. The deliveries report will arrive just a few weeks ahead of the company’s full Q2 earnings report. Analysts have been reeling in estimates on TeslaContinue Reading
Jun. 28, 2024 3:00 PM ETSPDR® S&P 500® ETF Trust (SPY)CMCSA, F, GM, TM, BB, TPX, STZ, INSM, UTHR, MSM, SLP, LI, ALIM, TSLA, APDN, BOX, XAIR, GTHX, OVID, ASLN, NIO, SPCE, LMND, RIVN, XPEV, SNOW, STTK, KORE, LCID, GRND, PSNY, ZAPP, MFRMBy: Clark Schultz, SA News Editor Nikada/E+ viaContinue Reading
yujie chen/iStock Editorial via Getty Images Stifel launched coverage on Tesla (NASDAQ:TSLA) for the first time, with a Buy rating and price target of $265. The firm pointed to the electric vehicle maker’s vast global supply chain coupled with internal manufacturing support cost advantage and strong margins. Analyst Stephen GengaroContinue Reading
