GraniteShares’ short Tesla daily ETF (TSLI) to be liquidated

ETF issuer GraniteShares has announced that it will close one of its single-stock leveraged ETFs tied to American electric vehicle maker Tesla, the GraniteShares 1x Short TSLA Daily ETF (NASDAQ:TSLI). The ETF did not last long, as it was only launched last year. When it was launched, the GraniteShares 1x Short TSLA Daily ETF aimed […]

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Tesla’s Musk meeting with China brass ‘key point’ with ongoing EV price wars

Tesla (NASDAQ: TSLA) CEO Elon Musk landed in China earlier this week to discuss a variety of topics with government brass, and analysts see it as a “key point” of the automaker as the ongoing EV price war continues. A new note from Wedbush lead analyst Dan Ives notes that Musk has not visited China […]

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Tesla (TSLA) analyst looks into price cuts and effects on EV demand

Tesla (NASDAQ:TSLA) has been adjusting the prices of its electric vehicles in recent months, with many resulting in cost reductions. Amidst these adjustments, an analyst has delved into the data to examine how Tesla’s aggressive pricing strategy has affected the demand for its vehicles. In a note published on Tuesday, Chris McNally from Evercore ISI […]

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Tesla Giga Texas wins over analysts with manufacturing prowess, but there’s a catch

Tesla (NASDAQ: TSLA) Giga Texas won over analysts at Deutsche Bank with its robust manufacturing prowess after a tour was given to the firm by the automaker. However, there’s a catch with the positives that would affect the short-term outlook for the company. Emmanuel Rosner of Deutsche Bank walked away impressed by Giga Texas’s layout, […]

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Tesla’s (NASDAQ:TSLA) 2023 annual shareholder meeting, also known as the 2023 Cyber Roundup, is here. There’s quite a lot of excitement leading into the event, especially with regards to the potential return of Tesla co-founder JB Straubel as a member of the company’s Board of Directors.  This year’s annual meeting of stockholders comes after one […]

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Tesla 2023 Cyber Roundup (Annual Shareholder Meeting): What to expect

Tesla’s 2023 Cyber Roundup, the company’s Annual Shareholder Meeting, will take place later today. Expectations are high that the event will involve Musk and the electric vehicle maker discussing several critical topics. Here are some expectations for the 2023 Cyber Roundup. Musk’s Commitment Musk enjoys taking on challenging tasks, which is likely one reason why […]

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Glass Lewis asks Tesla shareholders to vote against JB Straubel’s board nomination

Glass Lewis, a proxy advisory firm, has recommended that Tesla shareholders vote against the nomination of Tesla co-founder and former CTO JB Straubel to the company’s Board of Directors. Straubel’s potential spot as a member of Tesla’s Board will be decided at the upcoming 2023 Cyber Roundup, the company’s annual shareholder meeting. The proxy advisory […]

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Tesla bull ARK Invest estimates robotaxi fleet launch dates

TSLA bull ARK Invest shared predictions for the potential launch date for Tesla’s robotaxi fleet.  The global asset manager used its updated Monte Carlo model to provide a range of potential launch dates for Tesla’s robotaxi fleet. ARK Invest believes in the best-case scenario, Tesla’s robotaxi fleet will launch by Q4 2023. The worst-case scenario is […]

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Tesla sends first batch of 2023 Cyber Roundup invites

Tesla has begun sending out the first batch of 2023 Cyber Roundup invites. The update was posted by Tesla Investor Relations head Martin Viecha on Twitter. Earlier this month, Tesla announced that its 2023 Annual Shareholder Meeting, also known as the 2023 Cyber Roundup, would take place on May 16, 2023. The event will be […]

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Tesla maintains “Outperform” rating, gets lower price target from Daiwa Capital

Daiwa Capital recently reiterated an “Outperform” rating on Tesla (NASDAQ:TSLA) amidst the electric vehicle maker’s aggressive pricing strategy. The firm, however, lowered its price target on TSLA stock to $185.00 from $218.00. The adjustment comes as Tesla leverages its pricing power to drive growth in volume. “Tesla’s commitment to growing volumes by using price as […]

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