Tesla (NASDAQ: TSLA ) stock is in the news Wednesday after analysts at Stifel initiated coverage of the electric vehicle (EV) company's shares. Stifel starts its coverage of TSLA stock with a “buy” rating for the shares.
Tesla (TSLA) recalls nearly 12,000 Cybertrucks to fix trim pieces and faulty motor controllers in the front windshield wipers.
Electric vehicle (EV) giant Tesla Inc TSLA recently announced a recall of 11,688 Cybertrucks due to a windshield wiper issue. Some 3,878 Cybertruck vehicles were also recalled in April over concerns of unintentional acceleration.
It looks like the EV industry is finally revamping ahead of the summer period, which is usually the strongest part of the year for electric vehicle sales, and who better than Tesla (NASDAQ: TSLA) stock to capitalize on this trend.
Despite a challenging backdrop for electric-vehicle makers, Tesla Inc.'s stock can still thrive, according to the newest bull on Wall Street.
Tesla's brand has become an invaluable asset to the business. But the company can't escape macroeconomic and industry headwinds.
While Tesla (NASDAQ: TSLA ) has recently faced business setbacks due to dipping demand for electric vehicles, its approach to fully self-driving cars has kept interest in its stock high. Yet, despite being the furthest ahead, Tesla isn't the only automaker focusing on the technology.
Tesla (NASDAQ: TSLA ) is a company that's seen incredible growth since its IPO and is a stock many investors still stand behind. That makes sense, given the degree to which TSLA stock has outpaced the Nasdaq and most indexes over the long-term.
These stocks are putting fully autonomous products on the road today.
Wall Street is adjusting estimates ahead ofthe EV maker's second-quarter delivery report. Figures, for the most part, are coming down.
The recall comes weeks after Tesla delayed Cybertruck shipments due to a faulty windshield wiper motor.
The first electric Ferrari supercar and Tesla Roadster may both arrive in 2025. Ferrari stock rose near a buy point and Tesla also rallied.