Tesla, Inc. (TSLA)
Tesla not likely to qualify for California EV tax credit under Trump proposals
Tesla Inc (NASDAQ:TSLA) customers may not be able to receive tax credits from the state of California under a proposal by Donald Trump to end the federal support scheme for electric vehicles. Shares in the EV manufacturer, whose Fremont factory in the state makes its Model S, Model X, Model 3 and Model Y cars, fell 4% on the news.
Why is Rivian stock surging?
Electric vehicle makers are in a rough spot. Apart from trailblazer Tesla (NASDAQ: TSLA), other EV stocks have seen significant losses throughout 2024 — driven primarily by a challenging macro environment and the fact that traditional carmakers have largely entered the market, leveraging their scale to dash the hopes of ambitious newcomers.
Tesla Stock: Buy, Sell, or Hold?
Judging by the stock's 40% surge since the election on Nov. 5, Wall Street believes Tesla (TSLA -3.96%) will be a big winner under the incoming Trump administration. Tesla CEO Elon Musk, who actively supported Donald Trump's campaign, has frequently spent time with the president-elect over the past few weeks.
Tesla Stock & Trump: Risks Galore
Tesla stock has rallied by over 45% since November 5th, the presidential election day, with its market cap now standing at over $1.1 trillion. Musk played a pivotal role in Trump's 2024 campaign.
Brad Gerstner Believes 2025 Will Be Tesla's ChatGPT Year. Is He Going to Be Proven Right?
In this week's video, I cover need-to-know news about Tesla (TSLA -3.96%) from the week of Nov. 18. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Why Tesla Faces Exclusion From California EV Credits
The auto industry just had a “soap opera moment” with California Governor Gavin Newsom riding in to save EV purchase tax credits.
Tesla excluded from California's proposed EV buyer incentive program, stock drops: ‘This is insane'
California Governor Gavin Newsom has unveiled a controversial plan to provide state rebates to electric vehicle (EV) buyers, effectively excluding Tesla Inc. from the program. The decision pits Newsom, a potential Democratic presidential contender, against Tesla CEO Elon Musk, a prominent Republican ally and key figure in President-elect Donald Trump's transition team.
Prediction: President-elect Donald Trump's Plan to Cancel Tax Credits on Electric Vehicles Will Help Tesla
On Aug. 16, 2022, President Joe Biden signed the Inflation Reduction Act (IRA) into law. Although there are many components to the IRA, one of the more prevalent aspects of this piece of legislation revolves around tax credits for electric vehicles (EVs).
Tesla appears to be building a teleoperations team for its robotaxi service
As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it's building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely access and control the company's upcoming robotaxis and humanoid robots.
Tesla's $350 Billion Post-Election Surge
Tesla's post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report. Bloomberg's Craig Trudell joins Caroline Hyde to discuss on "Bloomberg Technology.
Tesla Stock Falls As Analyst Says 'Animal Spirits' Spur Post-Election Rally, Not Fundamentals
UBS analysts said the recent Tesla stock run reflects "animal spirits" vs. fundamentals.
Call of the Day: Tesla
The 'Halftime Report' Investment Committee discuss UBS' call to sell Tesla.
