The National Highway Traffic Safety Administration has opened an investigation into 2.56 million Tesla vehicles after several crashes involving the automaker's “Actual Smart Summon” remote parking feature.
Tesla (TSLA) shares fell on Tuesday after a Bank of America analyst downgraded the stock from Hold to Buy. TSLA was trading 3.91% lower at 12:26 pm after showing some erratic behavior in early trading.
Tesla (TSLA) begins the day with an upgrade at BofA while Uber (UBER) announced a tie-up with Nvidia (NVDA) on autonomous driving technology. Kevin Hincks looks at example options trading strategies for both TSLA and UBER.
The Department of Defense publishes the list of so-called Chinese military companies every year.
Tesla (TSLA) owned the 2024 headlines. From CEO Elon Musk's battle for a $56 billion pay package to the debut of both the Cybertruck and Robotaxi, to Musk's presence during the 2024 presidential election, the EV giant was impossible to ignore.
Jenny Horne details 2 downgrade calls in 2 of the biggest market names: Tesla (TSLA) and Apple (AAPL). BofA cut Tesla's rating to Neutral from Buy but raised its price target to $490 from $400.
Tesla has asked a court in Sweden to ensure that the country's Transport Agency provides access to licence plates that are currently blocked by postal workers in a wider labour conflict, a court official said on Tuesday.
The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is witnessing notable losses in the pre-market as investors appear rattled by the announcement of a federal investigation into one of its driverless features.
Some 2.6 million Tesla Inc (NASDAQ:TSLA) vehicles have come under investigation in the US over technology designed to allow drivers to remotely summon their cars. America's National Highway Traffic Safety Administration (NHTSA) on Tuesday said it had opened a probe on reports of crashes linked to the “Actually Smart Summon” feature.
In my view, the recent dip in Tesla's stock represents a pullback and not an indication of an upcoming downturn, as the broader market remains in an expansion phase. I believe catalysts over the next 12-24 months, like Robotaxi deployment in TX and CA and the humanoid pilot, are more important to Tesla's share price than current valuation metrics. I anticipate steady progress in regulatory approval for full self-driving vehicles in 2025, with Elon's role in the new administration potentially accelerating the process.
The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened a probe into about 2.6 million Tesla vehicles over issues related to the EV maker's feature dubbed "Actually Smart Summon".
The EV maker's shares eked out a small gain on Monday after racking up a huge one on Friday.