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Tesla To 'Reshape Multiple Industries': Analyst Praises Auto, Energy Storage, Optimus, Robotaxi Efforts
Wednesday, September 11, 2024 - 2:43pm | 566Deutsche Bank analyst Edison Yu praised electric vehicle maker Tesla Inc (NASDAQ:TSLA) for its potential to reshape several sectors including robotaxis ahead of its highly anticipated Robotaxi Day on Oct. 10. The Tesla Analyst: Yu reinstated coverage of Tesla with a Buy rating and $295 price target...
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Tesla Decision To Pause $25,000 Vehicle Could Be 'Thesis-Changing': Analyst Looks For Clarity On Robotaxi Timeline
Monday, April 8, 2024 - 4:49pm | 671Reports of electric vehicle company Tesla Inc (NASDAQ:TSLA) abandoning plans for a $25,000 vehicle were one of the key headlines last week. An analyst breaks down what the reported decision could mean and how the company's robotaxi strategy could be more important. The Tesla Analyst: Deutsche Bank...
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'Best-In-Class Powertrain Technology Affirmed': Analysts React To GM-Nikola Partnership
Wednesday, September 9, 2020 - 1:47pm | 695Shares of General Motors Company (NYSE: GM) and Nikola Corporation (NASDAQ: NKLA) rallied on Tuesday after GM announced it's taking a $2 billion stake in the hydrogen fuel cell electric truck maker. As part of the companies’ new partnership, GM will produce Nikola’s first Badger...
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What To Expect From Tesla's 'Cybertruck' Event
Tuesday, November 19, 2019 - 10:15am | 648Tesla Inc (NASDAQ: TSLA) is gearing up to unveil what CEO Elon Musk calls its “best product ever” Thursday night in Los Angeles. The electric pickup truck, or cybertruck, as Musk calls it, is claiming related IP rights. Tesla has filed to trademark a “CYBRTRK” logo and has...
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Ford's Stock Falls, But Some Analysts Say Buy On The Dip
Thursday, October 24, 2019 - 3:45pm | 542Ford Motor Company's (NYSE: F) lowered expectations for full-year earnings hammered the stock on Thursday and brought a downgrade from a sell-side analyst, but a couple others said the expected difficulties and now lower price present a buying opportunity. Ford said it expects more slumping...
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Auto Makers, Parts Companies Eye Mexico Tariff Talks After Trump Threat
Monday, June 3, 2019 - 3:47pm | 1085The auto industry is beginning the week with worries about President Donald Trump’s threat to put tariffs as high as 25 percent on U.S. imports from Mexico as officials from the two countries begin talking details. Mexican Economy Minister Graciela Marquez planned to meet Monday with U.S....
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Mobileye Spikes On Volkswagen REM Cooperation
Monday, February 13, 2017 - 1:49pm | 332Mobileye NV (NYSE: MBLY) shares popped 7 percent Monday after Reuters confirmed the company's cooperation with Volkswagen AG (OTC: VLKAY) on navigation standards for autonomous vehicles. The partnership is aimed to transform road experience management (REM) systems by 2018. According to a press...
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Analysts Ponder Ford Motor's Future Following Investor Day
Friday, September 16, 2016 - 10:43am | 492Wall Street is mixed on Ford Motor Company (NYSE: F) after its Investor Day suggested the automaker is investing in the future at the expense of near-term profitability. But, analysts appear more concerned on near-term performance not future endeavors, further indicating that the stock should be...