Tesla shares fell on Thursday after Needham & Co downgraded the stock to sell from hold, citing a possible pick-up in Model 3 cancellations.
Tag: Tesla
Apple continues to ramp up testing of its self-driving car technology in California
Apple is continuing to expand its testing of autonomous vehicles. According to new details from macReports, the company now has upwards of 65 autonomous vehicles on the road in California, continuing the gradual increase that has been taking place over recent months… Sylvania HomeKit Light Strip This information comes from records filed with the California… Continue reading Apple continues to ramp up testing of its self-driving car technology in California
UPDATE 1-Germany forces 1,050 Tesla owners to forgo electric car bonus
FRANKFURT (Reuters) – Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New York City, U.S.,… Continue reading UPDATE 1-Germany forces 1,050 Tesla owners to forgo electric car bonus
Tesla Model 3 is most profitable electric car -consultant
DETROIT (Reuters) – The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head of a top automotive consultant. FILE PHOTO: The front hood logo on a 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1,… Continue reading Tesla Model 3 is most profitable electric car -consultant
Tesla will be profitable by September, says Gene Munster
Loup Ventures’ Gene Munster predicts the embattled automaker will be profitable by September.
Investors betting against Tesla are getting killed but not for the reason you may think: Cramer
Tesla seems to be able to weather negative headline after negative headline without any substantial decline because there are no “real sellers,” CNBC’s Jim Cramer said Thursday.
Tesla shares fall after British diver mulls legal action over Elon Musk’s baseless ‘pedo guy’ claim
Tesla’s stock fell Monday after a British diver involved in the mission to save 12 Thai boys and their soccer coach said he is considering legal action against Elon Musk because the company’s boss labeled him “pedo guy.”
It is too early for regulation | NHTSA
In a statement, the NHTSA (National Highway Traffic Safety Administration) has declared a regulation premature. In the US, traffic law is in the hands of individual states. A nationwide regulation for dealing with autonomous driving is for the time being failed, Many companies now fear a patchwork of 50 different regulations from 50 different states.… Continue reading It is too early for regulation | NHTSA
UPDATE 1-Tesla hits 200,000 cars, meaning lower tax credit for buyers
(Reuters) – Tesla Inc has delivered 200,000 electric cars to buyers in the United States, a spokesperson said on Thursday, meaning tax credits will now begin to be lowered, while rivals such as Mercedes-Benz, BMW AG and Audi AG will bring electric models to the market with a full tax credit in place. FILE PHOTO:… Continue reading UPDATE 1-Tesla hits 200,000 cars, meaning lower tax credit for buyers
Panasonic plans to halve cobalt content of car batteries in two-three years
TOKYO (Reuters) – Panasonic Corp (6752.T) plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery makers look to reduce costs. FILE PHOTO: A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of… Continue reading Panasonic plans to halve cobalt content of car batteries in two-three years