Tesla shares are trading higher after receiving a Buy rating and a price target of $475 from Benchmark Equity Research.
Elon Musk's OpenAI Pursuit Overshadows Tesla's Ongoing Struggles, Analyst Claims
Analysts have expressed concerns that Elon Musk’s recent bid for OpenAI, the parent company of ChatGPT, is a distraction from the ongoing challenges faced by his electric vehicle company, Tesla.
Tesla's Q1 Deliveries May Fall Short of 400,000 Amid Deteriorating Brand Sentiment
Tesla Inc.’s deliveries for the first quarter of the year may not meet expectations, according to researcher Troy Teslike. This could be the first time the company’s quarterly deliveries fall below 400,000 units since the third quarter of 2022.
Tesla Unveils Supervised Full Self-Driving Technology in Mexico
Tesla Inc has officially released its supervised Full Self-Driving (FSD) driver assistance technology in Mexico. This expansion marks a significant milestone for the company, as FSD was previously limited to the US and Canada.
Elon Musk: Tesla's Autonomous Ride Hailing Service in Austin Remains on Schedule for June Launch
Tesla Inc. is moving forward with its autonomous ride-hailing service in Austin, Texas, with a planned launch in June. The company’s CEO, Elon Musk, has confirmed that the service is still on schedule, with the goal of deploying Tesla’s Model Y and Model 3 vehicles equipped with full self-driving technology.
The Cost of Tesla Supercharger Deployment: $40,000-$45,000 Per Station
The cost of deploying a Tesla supercharger stall in the U.S. is estimated to be between $40,000 to $45,000. This is roughly the price of the company’s Model 3 base version.
Tesla to Unveil High-Performance Model Y Later This Year, Says Elon Musk
EV giant Tesla Inc. is set to launch the Performance variant of its refreshed Model Y later in the year. This news was confirmed by company executive Lars Moravy in a recent interview.
Tesla's Shanghai Megafactory Begins Production in Record Time
Tesla Inc. has announced that its newly built megafactory in Shanghai has started production, with the first Megapack rolling off the production line. This significant milestone marks a major boost to the company’s fast-growing energy storage segment.
CATL Seeks $5 Billion Hong Kong IPO Amid US Trade Tensions
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, is preparing to file for a secondary listing in Hong Kong. This move could raise at least $5 billion, marking one of the territory’s largest offerings in recent years.
Tesla's Current Standing Among Analysts
Tesla, a vertically integrated battery electric vehicle automaker and developer of autonomous driving software, has been under the microscope of various analysts. Over the last three months, 36 analysts have shared their evaluations of Tesla, revealing a diverse range of outlooks from bullish to bearish.