Tesla

Electric-vehicle charging stocks, but not the operator of the biggest U.S. charging network, are falling again in response to President Trump’s flurry of post-inauguration executive actions. In midday trading Wednesday. EVgo stock was off 5.7%, while ChargePoint and Blink Charging shares were down 1% and 3.1%, respectively. The S&P 500 and Dow Jones Industrial Average were up 0.8% and 0.3%, respectively. Shares of the three companies were down about 7% for the week, on average, bringing their loss since the Nov. 5 election to about 40%. Stock in Tesla, the leader both in EV production and charging, was down 0.3%, for a loss of 0.9% for the week and a surge of 68% since the election. The new president doesn’t want funds earmarked for charging infrastructure during the Biden administration to be distributed. It is another headwind to EV adoption in the U.S. “All agencies shall immediately pause the disbursement […]

Wedbush Securities analyst Dan Ives has raised Tesla Inc.’s (NASDAQ:TSLA) price target to $550, signaling growing confidence in the electric vehicle manufacturer’s demand and autonomous potential under President Donald Trump’s administration. What Happened: Ives characterized the emerging landscape as a “golden era” for CEO Elon Musk and Tesla heading into 2025. The price target increase comes amid complex market dynamics, including challenges in vehicle deliveries and potential policy changes. Tesla’s U.S. deliveries declined 5.6% in 2024 to 633,762 units, yet the company remains the dominant electric vehicle brand nationwide. Simultaneously, debates around Tesla’s future have intensified. Investor Gary Black cautioned against inflated expectations for the Optimus robot program, estimating it could add only $0.70 to earnings per share by 2027. Bank of America analyst John Murphy valued the Optimus segment between $14 billion and $95 billion, representing just 2% of Tesla’s total estimated value. We do not include Optimus yet in our valuation. Bull case is $650 — Dan

President Donald Trump vowed to eliminate the electric vehicle mandate in his inaugural address. There is no mandate. His statement can mean a few things for Tesla and the U.S. auto industry. “We will end the Green New Deal and we will revoke the electric vehicle mandate, saving our auto industry and keeping my sacred pledge to our great American autoworkers,” said Trump in a speech from the Capitol. “You’ll be able to buy the car of your choice.” The “mandate” amounts to Environmental Protection Agency (EPA) rules requiring auto makers to sell all battery electric vehicles to avoid hefty emissions-related fines. Trump can relax EPA emissions standards in a rule-making process. That doesn’t end the “mandate” entirely. The California Air Resources Board, or CARB, regulates Californian emissions and several other states follow its standards. Trump could attempt to eliminate a federal waiver that allows California to pre-empt the EPA. If Trump

Tesla (TSLA) is set to make “great strides” in autonomous vehicle development over time, with an initial introduction of its unsupervised AV fleet in cities likely next year, Morgan Stanley said in a note e-mailed Monday. In October, the electric vehicle maker unveiled prototypes of a two-seat vehicle called “Cybercab” and a 20-person vehicle, “Robovan.” Morgan Stanley raised its price target on the company’s stock to $430 from $400 following a review of Tesla mobility, or robotaxi, with the business seen contributing $90. The brokerage continues to see the EV maker’s stock as a top pick. Morgan Stanley said its base case calls for 7.5 million vehicles in the Tesla mobility fleet by 2040 and revenue per passenger mile of $1.46. Alphabet’s (GOOG, GOOGL) Waymo operates at $2.40 per mile, in line with Uber’s (UBER) US gross bookings, the brokerage said in a note to clients. “While we expect an

Tesla (TSLA) directors received court approval for a settlement of up to $919 million to resolve claims they overpaid themselves, Reuters reported Wednesday, citing an attorney and a shareholder. The settlement requires board members, including Chair Robyn Denholm, to return about $277 million in cash and $459 million in stock options, and to relinquish stock options worth $184 million, the report said. Other directors named in the case included James Murdoch and Oracle (ORCL) co-founder Lawrence Ellison. The Delaware judge also granted law firms that brought the case $176 million in fees and costs, the report said. The directors did not admit wrongdoing, Reuters added.

The autonomous- vehicle “revolution has arrived” and the “robotics era is just around the corner,” Nvidia CEO Jensen Huang said this week. He sounded a lot like Elon Musk — a vindication for the Tesla CEO. In his keynote address at the CES trade show in Las Vegas on Monday night, Huang outlined a number of amazing — and sometimes hard to understand — advancements in artificial intelligence. He spent a lot of time talking about self-driving cars and robots — two killer applications made possible by AI. Three things are bringing self-driving cars to the masses, the Nvidia chief said: AI models capable of driving the cars, AI training simulations that use real and created scenarios to train the models, and powerful AI computers inside vehicles capable of running the ever-improving driving models. That is the same way Musk has been explaining Tesla’s self-driving push for years. Sometimes, investors

Tesla shares have skyrocketed since the 2024Q3 earnings report, with a range increase of up to 83%. Investors who were short lost a lot, I started short at $370, but the position was extremely low and the losses were limited at the moment. With so much going up, is it time to start short trading? TESLA daily candlestick chart – 2024.12.11 From the analysis of the daily K-line chart, the stock price is accelerating up, and now it is definitely a counter-trend transaction to start shorting, from the technical chart, there is no bearish space, for such a strong trend, it is very likely to get out of the range shock in the later stage, before the stock price does not appear obvious top characteristics, we must be cautious short, this stock is now the highest trading volume in the entire NASDAQ market, speculative trading has exploded, but there is

Tesla’s (TSLA) Q3 deliveries are expected to increase by 8% year-over-year, UBS said in a note emailed Tuesday. The company is expected to report Q3 deliveries on Oct. 2, UBS said, adding that it has not yet received the company’s consensus, but based on investor discussions, it estimates the buyside expectation to be around 465,000 to 480,000, placing itself towards the lower end of the range. While the focus is typically on vehicle deliveries, Tesla now also reports energy storage deployments in gigawatt-hours. The Visible Alpha consensus for Q3 is 9 GWh, slightly below the 9.4 GWh recorded in Q2 of 2024, UBS said. “We believe consensus expectations look elevated as we remind investors energy storage deployments are lumpy and 2Q24 was by far a record quarter,” UBS said, adding that it can’t accurately verify storage deployments, especially due to accounting methods, but its estimates are just below 8 GWh.

Tesla’s (TSLA) third-quarter deliveries are expected to come in ahead of initial expectations amid stronger incentives in China that have helped boost sales, Tudor Pickering Holt said in a Monday note. The brokerage now expects deliveries of 475,000 units, above the consensus estimate of 461,000 units. Shares of Tesla advanced 4.9% at market close on Monday. TPH is modeling China deliveries of 178,000 units in the third quarter, jumping from 146,000 units the quarter prior. The growth reflects Tesla’s “zero percent interest offerings” that helped spur demand, according to analyst Matt Portillo. European sales are expected to slightly decline quarter over quarter to 76,000 units due to overall lackluster demand for electric vehicles while Model 3 and Model Y sales in the US and Canada are estimated to be relatively flat, according to TPH. Cybertruck sales are forecast at 18,000 units for the third quarter, which Portillo called “relatively muted.”

Tesla (TSLA) is expected to report a 3.7% decline in deliveries for the June quarter, marking its second consecutive quarterly drop amid tough competition in China and sluggish demand for new affordable models, Reuters reported on Monday. Tesla will deliver 438,019 vehicles from April to June, according to the report, citing an average estimate from 12 analysts polled by LSEG, with Barclays predicting an 11% decline in second-quarter deliveries. Barclays analyst Dan Levy told Reuters “a soft delivery result could turn attention back to the currently challenging fundamental environment for Tesla”. The EV maker, which is expected to announce the results on Tuesday, lost a quarter of its stock value this year, making it one of the worst performers on the S&P 500, Reuters said.

Tesla’s (TSLA) Q2 vehicle deliveries may trail market consensus by 5.5%, partly because of a “tough quarter” in Europe, UBS Securities said Monday in a report. The investment firm lowered its forecast for Q2 to 420,000 units from 471,000 units. The latest projection lags behind the Visible Alpha consensus of 445,000 units and pegs deliveries down 10% from a year earlier and up 9% from Q1. Tesla’s 0.99% financing option on the Model Y likely helped boost US sales in Q2, while industry data in China pointed to a 2% increase in the company’s domestic retail deliveries in April-May from the previous quarter and a 5% jump from a year earlier, UBS said. After the release of Q2 delivery figures, UBS said the focus shifts to earnings and then to the company’s AI robotaxi on Aug. 8. Tesla “may be entering another phase where the stock price disconnects from the