Tesla Inc

Toyota hits sales milestone for electric vehicles, joins Tesla and GM in losing tax incentives for buyers
Business

Toyota hits sales milestone for electric vehicles, joins Tesla and GM in losing tax incentives for buyers

A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phase out of U.S. tax credits of up to $7,500 for people who buy the cars. The Japanese automaker joins Tesla […]

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VW and Goldman-backed battery maker Northvolt gets .1 billion funding injection
Business

VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection

Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty Images Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and […]

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Wall Street believes these beaten-down global stocks are set for a rebound
World

Wall Street believes these beaten-down global stocks are set for a rebound

Few would have anticipated the steep losses in stock markets this year, after such a solid 2021. But the first half of 2022 has turned out to be something of a nightmare for many investors The MSCI World had its worst start to the year on record, while the S & P 500 ended the […]

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Tesla should have a strong second half of 2022, says Deutsche Bank’s Emmanuel Rosner
Travel

Tesla should have a strong second half of 2022, says Deutsche Bank’s Emmanuel Rosner

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell: Overtime Emmanuel Rosner, Deutsche Bank lead auto technology analyst, joins ‘Closing Bell: Overtime’ to discuss his bullish case for Tesla. 02:47 an hour ago Source

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Stocks making the biggest moves midday: Oil stocks, Ford, Crocs and more
Finance

Stocks making the biggest moves midday: Oil stocks, Ford, Crocs and more

Check out the companies making headlines in midday trading. Ford Motor — Shares of the carmaker dropped 1% and hit a new 52-week low after the company reported a slight increase in new vehicle sales for the second quarter that missed automotive analysts’ expectations. The company said sales rose 1.8% to 483,688 new vehicles in […]

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JPMorgan trims price target for Tesla, says shares could fall more than 40% on weaker deliveries
Business

JPMorgan trims price target for Tesla, says shares could fall more than 40% on weaker deliveries

Shares of Tesla could still fall more than 40% from here as the electric vehicle maker faces challenges ramping up deliveries, according to JPMorgan. Analyst Ryan Brinkman reiterated an underweight rating and trimmed the price target for Tesla, saying in a Tuesday note that the firm lowered its second-quarter and full-year earnings estimates after the […]

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Stocks making the biggest moves premarket: Tesla, Occidental Petroleum, Exxon Mobil and more
Finance

Stocks making the biggest moves premarket: Tesla, Occidental Petroleum, Exxon Mobil and more

Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla delivered 254,695 vehicles during the second quarter, down 17.9% from the first quarter and below what analysts had predicted. China’s Covid-19 shutdowns were a key factor in holding back production. Tesla fell 1% in premarket trading. Occidental Petroleum (OXY) – Occidental gained […]

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British Army’s Twitter and YouTube accounts hacked to promote cryptocurrency scams
Finance

British Army’s Twitter and YouTube accounts hacked to promote cryptocurrency scams

A screenshot of the British Army’s Twitter profile when it was hacked, via Wayback Machine. Its profile and banner pictures were changed to resemble a nonfungible token collection called “The Possessed.” A hacker compromised the social media accounts of the British Army to push people toward cryptocurrency scams. The army’s Twitter and YouTube profiles were […]

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German road traffic agency says 59,000 Tesla vehicles have software glitch
World

German road traffic agency says 59,000 Tesla vehicles have software glitch

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles […]

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Tesla delivered 254,695 electric vehicles in the second quarter of 2022
Technology

Tesla delivered 254,695 electric vehicles in the second quarter of 2022

A giant cowboy boot is on display outside the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla just posted its second-quarter vehicle production and delivery numbers for 2022. Here are the key numbers: Total deliveries Q2 […]

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