Tesla, Inc. (TSLA)
Cathie Wood on the 5 "innovation platforms" driving change, Nvidia, & Tesla
Ark Invest founder Cathie Wood has built her business around what she calls five innovation platforms, one of which is artificial intelligence. Speaking with Yahoo Finance Executive Editor Brian Sozzi from the Bitcoin Investor Week conference in New York City, Wood explains that AI is powering "explosive growth opportunities" — ones that she wants her investors to profit from.
6 falling Tesla sales numbers that should worry Elon Musk
Tesla's year-over-year sales fell in multiple countries last month. Tesla's sales in Germany dropped 76% in February amid Musk's endorsement of the far-right AfD party.
Tesla stock: Why this analyst cut his price target
Tesla (TSLA) shares closed 4% lower on Tuesday after it was revealed that its China shipments fell in February. Another reason was the move by BofA Securities managing director John Murphy to cut his price target on the stock to $380 from $490.
Is a Backlash to Elon Musk's Politics Hurting Tesla?
Elon Musk may be a drag on Tesla's (TSLA) business—at home and abroad.
Tesla (TSLA) Bull, Base, & Bear Price Prediction and Forecast
Tesla Inc. (NASDAQ: TSLA) stock seems like a prime stock to buy on weakness as other investors run scared, with the name now down more than 40% from its recent peak.
Tesla: Emotional Selling And Cyclical Headwinds Have Opened A Value Gap
We're likely seeing an emotional sell-off of Tesla, Inc.'s stock. The sell-off has driven the stock below its normalized multiples and into a technically oversold territory. Tesla's interim fundamental headwinds could find calm amid inflection points in the EU and Chinese economies.
Tesla stock slapped with second Wall Street price cut in a week
Tesla (NASDAQ: TSLA) is under mounting pressure on Wall Street as concerns about its dominance in key markets continue to weigh on investor confidence.
Tesla Stock Nears 50% Drop From All-Time Highs: Analyst Says 'Difficult Fundamental Conditions' Ahead
A Tesla Inc TSLA analyst lowers the price target on the stock due to weaker than expected demand in regions like Europe.
Tesla signs deal for first India showroom to sell imported EVs
U.S. electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.
Musk's Political Moves Costing Tesla Investors: What to Do Now?
Once a driving force behind TSLA's success, Musk's growing political involvement could be turning into a major liability.
Tesla charging stations set on fire as backlash against Elon Musk intensifies
Tesla charging stations have been set on fire in the US state of Massachusetts as a backlash against Elon Musk grows.
Tesla defies European slump in February as UK sales remain strong ahead of tax hike
After reporting dismal sales in Europe for January, Tesla’s Model 3 and Model Y remained highly popular in the UK in February, ranking among the top three best-selling car models of the month.According to data from the Society of Motor Manufacturers and Traders (SMMT), nearly 4,000 Teslas were sold, making the Model 3 and Model Y the second and third most popular cars after the Mini Cooper.The broader UK car market saw a slight decline, with total new registrations dropping 1% to 84,054 vehicles. However, battery electric vehicles (BEVs) outperformed the market, with sales rising by almost 42%. BEVs accounted for a quarter of all new registrations, driven by consumers looking to avoid an upcoming tax surcharge on expensive electric cars.The tax, which comes into effect in April, will add £2,125 over six years to the cost of BEVs with a list price above £40,000. Industry analysts suggest that many buyers rushed to purchase electric cars before the deadline, leading to a short-term sales boost.EV tax changes fuel short-term sales boostDespite the surge in BEV registrations, industry leaders warn that demand could slow once the new tax takes effect. The Expensive Car Supplement (ECS), unchanged since 2017, disproportionately impacts electric vehicles, which tend to have higher production costs than their petrol and diesel counterparts.Mike Hawes, chief executive of the SMMT, said the UK’s EV market needs more government incentives rather than financial penalties. Top models sold in UK in Feb, Source: SMMT“Although February’s figures show a subdued overall market, the good news is that electric car uptake is increasing, albeit at huge cost to manufacturers in terms of market support,” he said.He added that the tax changes “perversely” discourage EV adoption and could hurt both the new and used markets, slowing the UK’s transition to electric mobility.After January’s data, UK’s February data defies concerns Data from the European Automobile Manufacturers’ Association (ACEA) last month showed that Tesla’s European sales nearly halved in January, bringing its market share down to just 1%.In the UK, the company lost ground to Chinese competitor BYD for the first time, even as the overall electric vehicle (EV) market expanded by 42%.Analysts suggested that Musk’s recent actions—including his vocal support for Germany’s far-right AfD party, controversial public gestures, and attacks on European politicians—alienated potential buyers. His close ties to former US President Donald Trump have also raised concerns, particularly among liberal-leaning consumers in key European markets.UK’s February data has managed to defy these concerns for now. The post Tesla defies European slump in February as UK sales remain strong ahead of tax hike appeared first on Invezz
