Tesla Inc.'s (NASDAQ: TSLA) share price is fractionally higher than a week ago.
I opened my conversation with Lee after seeing another set of numbers that showed how quickly Tesla's footing in China is eroding.
The market breathed a sigh of relief after Nvidia's strong third-quarter earnings report.
Tesla's gaudy $1 trillion executive-compensation package for CEO Elon Musk has obscured a more pressing concern: Musk's 2018 pay package -- still tied up in court -- could eat up years' worth of the electric vehicle maker's future profits.
Tesla CEO Elon Musk says the future of the company hinges on its next-generation microchips — but securing enough of them will be costly.
It's been quite the turbulent past month for shares of EV titan Tesla (NASDAQ:TSLA), which fell back to around $400 per share after running into a ceiling of resistance at just shy of $470.
According to the Arizona Department of Transportation, Tesla obtained a "transportation network company" permit in the state. Since June, Tesla has been running a Robotaxi pilot program in Austin, Texas, with human safety drivers on board.
Tesla received a permit to operate a ride-hailing service in Arizona on Monday. The company also expanded robotaxi access to all iOS users in the US and Canada on Tuesday.
Tesla received a ride-hailing permit this week from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state.
The biggest thing impacting the EV maker's shares this week highlights its shift to being an AI play.
When it comes to getting electric vehicles (EV) exposure, the most recognized name within domestic borders is certainly Tesla. However, BYD Company is a name that more investors should be familiar with, and one of the top ETFs with exposure to BYD is the Amplify Lithium & Battery Technology ETF (BATT).
The bulk of Stifel's new Tesla price target is predicated on the company's Full Self-Driving and robotaxi technologies.