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Search resuls for: "Tesla Power"


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Michael Nagle | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The reading clears the way for the Fed to cut rates, which is likely to send tech shares higher. Irwin increased his price target to $380 from $85, noting in a report that "Musk's authentic support for Trump likely doubled Tesla's pool of enthusiasts and lifted credibility for a demand inflection." On Wednesday, analysts at Goldman Sachs boosted their price target on Tesla, joining bullish reports from firms like Morgan Stanley and Bank of America.
Persons: Michael Nagle, Donald Trump's, Tesla, Elon Musk, Vivek Ramaswamy, Trump, Craig Irwin, Roth MKM, CNBC's, Irwin, Goldman Sachs, Morgan Stanley, — CNBC's Lora Kolodny, Ari Levy Organizations: Nasdaq, Bloomberg, Getty, CNBC, Tech, Amazon, Fed, Trump administration's Department, Government, Trump, Goldman, Bank of America Locations: New York
CNBC Daily Open: Tesla powers S&P 500, Nasdaq to record highs
  + stars: | 2024-07-04 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Record highsThe S&P 500 and the tech-heavy Nasdaq Composite closed at record highs in a shortened session ahead of the July 4 Independence Day holiday. The yield on the 10-year Treasury fell as the latest economic data indicated the jobs market was cooling. Despite some officials advocating for potential rate hikes, the Federal Open Market Committee ultimately decided to hold rates steady. [PRO] Tesla bull caseWedbush analyst Dan Ives raised his Tesla price target to $300 from $275, with a bull case of $400 by 2025.
Persons: Nela Richardson, Elliott Management's, Elliott, Bob Jordan, Gary Kelly, JPMorgan's Kolanovic, Marko Kolanovic, Kolanovic, Dubravko, Dan Ives Organizations: CNBC, Nasdaq, Nvidia, Dow Jones, Treasury, Federal Reserve, Federal, Market Committee, ADP, Southwest Airlines Locations: U.S
U.S. safety regulators have upgraded their probe into Tesla vehicles over power steering loss to an engineering analysis - a required step before the agency could demand a potential recall. The National Highway Traffic Safety Administration (NHTSA) on Friday said the investigation covers about 334,000 Model 3 and Model Y vehicles from the 2023 model year. Some drivers reported harrowing tales of sudden power steering outages at speeds that nearly caused accidents. Some Tesla owners reported an inability to turn the steering wheel while others reported an increase in required effort. The latest recall includes vehicles across Tesla's various models, including the Model S, Model X, 2017-2023 Model 3, Model Y and 2024 Cybertruck vehicles, the NHTSA said.
Persons: Tesla, couldn't, NHTSA's, Sophie Shulman, Tesla's Cybertruck Organizations: Tesla, Traffic Safety Administration, Reuters, NHTSA, Consumer Locations: Encinitas , California, U.S, United States
Indian small-cap Urja Global jumps on Tesla-deal confusion
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +1 min
BENGALURU, June 12 (Reuters) - Shares of Indian small-cap renewable energy company Urja Global (URJA.NS) jumped nearly 40% in two sessions following a deal with Gurugram-based Tesla Power India, which some investors mistook for U.S. automaker Tesla (TSLA.O). Urja on June 8 said it signed an agreement to manufacture and supply batteries with Tesla Power India, which has global headquarters in Delaware in the United States. "Investors misinterpreted this deal with the real Tesla, leading Urja stock to rally," said Prashanth Tapse, vice president of research at Mehta Equities. Urja shares were up 27.6% this year at 12.70 rupees. The small-cap stock was down 52% in 2022.
Persons: Tesla, Urja, Prashanth Tapse, Shinjini Organizations: Urja, Gurugram, Tesla Power, U.S, Mehta, Sethuraman NR, Thomson Locations: BENGALURU, Delaware, United States, Bengaluru
Warner Bros Discovery and Tesla helped push the market higher this week, as the S & P 500 approached its fourth straight week of gains. Warner Bros Discovery popped 19% week to date, and still has another 47% upside — based on FactSet's average analyst price target. About 59% of the analysts covering the stock rate it a buy. Meanwhile, Tesla 's ride higher continued this week, with the electric vehicle maker climbing about 16% since Monday. Norwegian has rallied more than 41% in 2023, but just 37% of analysts covering the stock rate it a buy.
Persons: Tesla, Chris Licht, Donald Trump, Itay Michaeli Organizations: Warner Bros Discovery, Warner Bros, CNN, GM, Ford, Citi, Cruise, Cruises Locations: Norwegian
Page purchased Hans Lollik and its smaller neighboring island, Little Hans Lollik, in 2014 for $23 million. The Hans Lollik Islands in the US Virgin Islands were bought by Larry Page in 2014 cdwheatley/Getty ImagesPage purchased the islands from Liberty Bankers Life Insurance Company using a limited-liability company called Virgin Island Properties LLC. Page's intentions for the Hans Lollik islands are unclear, but the larger island of the two may have personal significance for the Google cofounder. In the deposition, Osborne hinted that Larry proposed to his wife, the research scientist Lucinda Southworth, on Hans Lollik. Page expands to the South PacificIn 2020, Page added another island to his portfolio: the heart-shaped Tavarua island in Fiji's Mamanuca archipelago.
Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.
Former astronaut Scott Kelly said Russians defending the war in Ukraine have been "brainwashed." The former astronaut became an online "troll" of Russia's former space chief earlier this year. Kelly has used his 5.3 million followers on Twitter to blast Russia's attack on Ukraine, and played a part in the departure of Russia's top space official. Trolling to oblivionKelly spent 340 days on the International Space Station with NASA as part of a program run in collaboration with Russia's space agency Roscosmos. But he also directed his anger at Russians more generally who endorse a message that Russia is defending itself from Ukrainian "Nazis".
The new business unit, called GM Energy, will consist of Ultium Home, Ultium Commercial and Ultium Charge 360 divisions. Ultium Home and Ultium Commercial will, as their names imply, supply energy storage for homes and businesses, respectively. GM Energy will also be involved with hydrogen fuel cells and solar energy products, GM said in its announcement. GM Energy will work with California’s Pacific Gas and Electric on a pilot program to test the concept using GM electric vehicles starting in 2023, GM said in the announcement. The new subsidiary is also working with solar energy provider SunPower, which will install solar panels on customers’ homes, GM said.
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