DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Tesla's EV"


9 mentions found


☆ Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla's EV price war
  + stars: | 2023-04-27 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com   time to read: +2 min
Mobileye signage during the company's IPO at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 26, 2022. Shares of Mobileye, Intel 's self-driving subsidiary, were trading sharply lower on Thursday after the company cut its full-year forecast, citing weakness in China's electric vehicle market. In January, the company guided to revenue between $2.192 billion and $2.282 billion and an operating loss between $110 million and $160 million. China's EV market has been roiled by Tesla 's recent aggressive price cuts and a reduction in government incentives for EV buyers. Mobileye counts Chinese EV makers Nio and Zeekr, a unit of Chinese automaker Geely, among its customers.
☆ Elon Musk's 'Master Plan' for Tesla fails to charge up investors
  + stars: | 2023-03-02 | by ( ) www.reuters.com   time to read: +2 min
March 2 (Reuters) - Tesla Inc's (TSLA.O) shares fell 6% premarket on Thursday, after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors waiting for an affordable electric vehicle and a plan with a concrete timeline. However, the event, where Musk revealed the EV maker's 'Master Plan 3', was short on details about the timeline or any new Tesla products. "The timeline and cost details were limited, and the event lacked a Tesla-like surprise," Wells Fargo analyst Colin Langan said. The reduction plan was "bad news for the whole silicon carbide production chain and in particular for STMicro," Brokerage Equita said. It estimates that Tesla accounted for 70% of 2022 semiconductor sales at STMicro.
☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Intel, Teladoc, Nvidia, Salesforce & more
  + stars: | 2023-02-23 | by ( Michael Bloom | ) www.cnbc.com   time to read: +8 min
Bank of America reiterates Target as neutral Bank of America said it sees "modest upside" at current levels. Bank of America downgrades Lucid Group to neutral from buy Bank of America said it's concerned about slowing demand for the luxury vehicle company. Bank of America reiterates Nvidia as buy Bank of America said Nvidia remains "best-in-class" after its earnings report on Wednesday. Bank of America reiterates CVS as buy Bank of America said it sees "significant free cash flow generation potential" for CVS. Goldman Sachs upgrades Nvidia to buy from neutral Goldman upgraded Nvidia after its "impressive" earnings report on Wednesday.
☆ Ford and Tesla slashed car prices — but only one is giving customers who missed out their money back
  + stars: | 2023-01-30 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +3 min
Ford is working to refund Mach-E owners after cutting prices. Ford, the first to hit back against Musk's price war, is taking a different approach with its price cuts. "We want our customers to know they made the right decision by choosing a Mustang Mach-E," Gaja said. Ford hitting back at Tesla's EV price war is the company's latest move to compete directly with Musk's electric car company. Are you a Mustang Mach-E owner or a Tesla owner impacted by price cuts?
☆ Tesla owners in China protest against surprise price cuts they missed
  + stars: | 2023-01-07 | by ( ) www.reuters.com   time to read: +5 min
[1/3] People protest at a Tesla showroom in Chengdu, Sichuan, China, released January 6, 2023 in this picture obtained by Reuters from social media. After Friday's surprise discounts, Tesla's EV prices in China are now between 13% and 24% below their September levels. 'RETURN THE MONEY'Other videos appearing to be of Tesla owners protesting were also posted to Chinese social media platforms on Saturday. Tesla does not plan to compensate buyers who took delivery before the most recent price cut, a spokesman for Tesla China told Reuters on Saturday. Analysts have been positive about the potential for Tesla's price cuts to drive sales growth at a time when it is a year from announcing its next new vehicle, the Cybertruck.
☆ Tesla is still dominant, but its U.S. market share is eroding as cheaper EVs arrive
  + stars: | 2022-11-29 | by ( Michael Wayland Lora Kolodny | Michael Wayland | Lora Kolodny | ) www.cnbc.com   time to read: +4 min
A Tesla Model 3 vehicle is on display at the Tesla auto store on September 22, 2022 in Santa Monica, California. The data firm found that Tesla's market share of new registered electric vehicles in the U.S. stood at 65% through the third quarter, down from 71% last year and 79% in 2020. S&P forecasts Tesla's EV market share will decline to less than 20% by 2025, with the number of EV models expected to grow from 48 today to 159 by then. A drop in Tesla's U.S. market share was expected, but the rate of the decline could be concerning for investors in Elon Musk's autos and energy company. "Given that consumer choice and consumer interest in EVs are growing, Tesla's ability to retain a dominant market share will be challenged going forward."
☆ Exclusive: Tesla has considered exporting EVs from Shanghai to U.S., Canada
  + stars: | 2022-11-12 | by ( ) www.reuters.com   time to read: +5 min
Tesla's evaluation has included consideration of whether parts made by Tesla's China-based suppliers would be compliant with regulations in the United States and Canada, they said. Tesla would not be the first U.S. automaker to ship made-in-China vehicles to the United States. Tesla's Shanghai Gigafactory has the capacity to produce 1.1 million electric vehicles per year after an upgrade earlier this year, making it Tesla's most productive manufacturing hub. The Shanghai plant makes Model 3 sedans and Model Y crossovers to sell in China and for export to markets including Europe, Australia and Southeast Asia. That means Tesla vehicles could potentially be exported to North America at a competitive price.
☆ Here are Friday's biggest analyst calls: Apple, Tesla, Coinbase, Domino's, Costco, Meta & more
  + stars: | 2022-09-23 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
JPMorgan reiterates Coinbase as neutral JPMorgan lowered its price target on Coinbase to $60 per share from $78 and says it's concerned about weak activity levels and the selloff in crypto. JPMorgan reiterates Qualcomm as overweight JPMorgan said after Qualcomm's investor day that it's bullish on the company's opportunity in automotive. Morgan Stanley resumes Applovin as overweight Morgan Stanley resumed coverage of the software company and says Applovin is a category leader. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said in a note that competitors should be concerned about Tesla's gaining strength especially with the passage of the Inflation Reduction Act. " Morgan Stanley reiterates Advanced Micro Devices as overweight Morgan Stanley says it's standing by shares of Advanced Micro Devices but says it continues to see a "broad-based" semis correction.
☆ Tesla weighs reset for China retail strategy even as sales boom
  + stars: | 2022-09-20 | by ( ) www.cnbc.com   time to read: +4 min
Tesla's China recruitment website showed more than 300 openings for service jobs as of Thursday. Musk said last week on Twitter, in response to a Tesla owner in Texas who complained that he had been waiting a month to get his vehicle fixed, that he had made "advancing Tesla service to make it awesome" a top priority. That has allowed it more leeway to adjust a retail strategy that had been initially modeled on Apple's stores. More than half of Tesla's showrooms in seven of China's biggest cities, including Shenzhen and Chengdu, are now in downtown areas, according to a Reuters count based on Tesla's China website. Nio, like Tesla, has a network of high profile urban stores in China.
<< prev 1 next >>
Total: 9