During an appearance at CNBC’s The Exchange, Barclays senior autos analyst Dan Levy predicted that Tesla will probably see its employees’ wages increase amidst the fallout of the ongoing UAW strike. One of the UAW’s biggest demands is an increase in its employees’ wages. As noted by CNBC in its segment, veteran automakers like Ford and General […]
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Tesla’s Investor Relations team has shared a compiled analyst consensus for the company’s Q3 2023 vehicle deliveries. As per the EV maker, the current consensus for Tesla’s third quarter numbers is at 455,000 vehicles. The numbers were shared on X by Wall Street veteran and Tesla bull Gary Black, who currently has a 445,000-vehicle delivery […]
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Tesla (NASDAQ: TSLA) delivery estimates were adjusted for the third quarter by Wedbush analyst Dan Ives, who moved the units into his fourth-quarter forecast. Tesla is expected to release delivery and production figures for 2023’s third quarter sometime early next week, and as the automaker continues to prepare for the launch of the Cybertruck in […]
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With the third quarter ending in a few days, Tesla (NASDAQ:TSLA) analysts are sharing their expectations for the fourth quarter. Tesla has high targets for 2023, and for Global Equities Research analyst Trip Chowdhry, the electric vehicle maker is on track for a blockbuster fourth quarter. Tesla is hoping to produce and sell about 1.8 […]
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Tesla (NASDAQ: TSLA) was the most shorted stock in August in the Americas, and Rivian had the highest institutional supply utilization, according to new data from a cloud-based treasury and liquidity management solutions firm. Tesla stock has had one of the more notable stands on Wall Street as a stock that has been bet against […]
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Tesla China recently announced a new milestone from Gigafactory Shanghai. Less than four years since the facility started its operations, Giga Shanghai has produced its two millionth vehicle. The milestone was announced on Tesla China’s social media platforms such as X, previously known as Twitter. The EV maker shared a photo of the milestone, featuring […]
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A group of Tesla (NASDAQ:TSLA) shareholders may be poised to recover an average of $12,000 apiece over losses that were incurred over CEO Elon Musk’s “funding secured” fiasco in 2018. At the time, Musk announced on X, then known as Twitter, that he had secured funding to take Tesla private. The CEO’s tweet triggered a […]
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Tesla (NASDAQ: TSLA) is set to access up to $20 billion in revenues from its recent Supercharger deals with Ford, General Motors, and various other automakers, Dan Ives of Wedbush said in a note this morning. Tesla’s Supercharger Network is the most robust and expansive on the planet, and earlier this Summer, it gained massive […]
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Tesla’s (NASDAQ: TSLA) variety of upcoming catalysts through the rest of the year have landed on Baird’s elusive “Best Ideas” list, which is comprised of stocks that the brokerage believes are the best investments as 2023 heads toward its final quarter. Ben Kallo, an analyst for Baird, included Tesla on the list due to its […]
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Rivian (NASDAQ: RIVN) had a strong second-quarter earnings report and is raising its production guidance for 2023, now expecting to build 2,000 more vehicles than it previously forecasted. Rivian reported earnings on Tuesday and beat expectations in both adjusted loss per share ($1.08 reported vs. $1.41 expected) and revenue ($1.12B reported vs. $1B expected). CEO […]
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