Tesla is on a hiring spree, adding hundreds of new positions just months after CEO Elon Musk initiated a round of layoffs across the company. The recruitment drive reflects a focus on artificial intelligence and robotics, both of which are pivotal to Tesla’s projects like Full Self-Driving (FSD) and Optimus. The company’s Careers page has […]
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Despite reports of Tesla’s Robotaxi Unveiling event being postponed by two months, Wedbush analyst Dan Ives believes the timing of the showcase is less important than the content of it. Yesterday, after Bloomberg reported Tesla was pushing the Robotaxi event back two months to October from August, the stock dropped by eight percent over the course […]
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Tesla (NASDAQ: TSLA) has finished positive in 11 of the last 12 trading days on Wall Street, giving Citi a reason to upgrade the stock’s price target based on “catalysts” in both electric vehicle and artificial intelligence sentiments. Despite a sizeable dropoff on the market yesterday due to the reported delay of the Robotaxi unveiling […]
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Tesla’s energy unit was the talk of the second-quarter vehicle delivery report that was released last week. The numbers Tesla reported for its energy storage deployments for Q2 have Morgan Stanley and its analyst Adam Jonas considering the division as more of a factor in its breakdown of the $310 price target it has put […]
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Tesla has been called a “meme stock” by longtime investor and fund manager Bill Gross, as shares of the company have exploded to ten consecutive days of growth and a 50 percent bump in the past 30 trading sessions. A meme stock is a more recently used term to describe a security that gains popularity […]
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Tesla shares (NASDAQ:TSLA) saw some momentum last week following the release of its Q2 2024 vehicle delivery and production report, with the company gaining $150 billion worth of valuation in three days. Amidst this rise, Tesla shorts were stung, including hedge funds that bet against the EV maker in the lead up to the Q2 […]
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Tesla stock (NASDAQ: TSLA) has evidently gotten its mojo back. At least, that’s what analysts from both Morgan Stanley and Wedbush are saying. Over the past five days, Tesla shares have exploded over 26 percent, nearing what would be their highest price of the year if they are able to gain just two additional dollars […]
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Tesla stock jumped over six percent on Monday morning, continuing gains that have the electric vehicle maker’s stock up over 19 percent so far in the past month. There is speculation as to why Tesla shares continue to climb into this week, and some believe it is because CEO Elon Musk followed Uber founder Travis […]
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Tesla China’s zero-interest loan promotion seems to have been successful, so much so that the electric vehicle maker has announced that it would be extending the popular program for the Giga Shanghai-made Model 3 sedan and Model Y crossover for another month. Tesla China’s domestic sales this 2024 have been lagging behind the company’s numbers from 2023. In what […]
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Wedbush Securities analyst Dan Ives recently shared a rather interesting prediction for Tesla. As per the analyst, a potential Trump presidency would actually be bullish for Tesla, even if it would be negative for everyone else in the electric vehicle sector. Ives’ comments were shared during a segment in CNBC’s Last Call. Amidst his current […]
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