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Tesla's Robotaxi Launch Could Be Key To $310 Price Target, Says Gary Black
Wednesday, June 18, 2025 - 6:33am | 804Future Fund LLC's managing director, Gary Black, set a $310 price target for Tesla Inc. (NASDAQ:TSLA) ahead of the company's Robotaxi launch in Austin on June 22. What Happened: The investor gave a breakdown of positive and negative factors that could affect Elon Musk's EV giant's stock performance...
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Tesla Will Shut Down Production At The Texas Gigafactory Over The 4th Of July Weekend
Wednesday, June 18, 2025 - 1:56am | 542Tesla Inc. (NASDAQ:TSLA) will shut down production at the Texas Gigafactory, which manufactures the Cybertruck and the Model Y, over the Independence Day weekend. What Happened: The planned shutdown would begin on June 30, which was decided after a meeting with workers at the factory. All...
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Senate Republicans Axe $250 Annual Fee On EVs, $100 Fee On Hybrids In Tax Bill Proposal: Report
Wednesday, June 18, 2025 - 12:57am | 348Senate Republicans have released their version of the House of Representatives' tax bill, with the $250 annual fee on EVs removed. What Happened: The House version of the bill included the $250 fee on EVs as well as a $100 fee on Hybrids. However, Senate Republicans have chosen not to include those...
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Tesla Robotaxi Rival Waymo Expands Services In California Amid US Autonomous Vehicle Push
Wednesday, June 18, 2025 - 12:22am | 614Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving taxi service, Waymo, has announced it will serve multiple new areas in California. What Happened: The company took to social media platform X to announce the expansion of its services on Tuesday. "Starting today in SF, with new areas coming...
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Tesla Looks To Rollout Semitruck In Europe Amid Elon Musk's Politics-Induced Sales Rout
Tuesday, June 17, 2025 - 7:13am | 531Tesla Inc. (NASDAQ:TSLA) will reportedly begin sales operations for its Semitruck in Europe, almost a decade after the product's unveiling, as the company faces sales declines throughout multiple markets. What Happened: Tesla has reportedly hired Usuf Schermo to head its Semitruck operations in the...
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Amid Trump's Anti-EV Push, Senate Republicans Propose Tax Bill To Axe $7500 EV Credit
Tuesday, June 17, 2025 - 12:22am | 414Senate Republicans seek to end the $7500 EV credit currently available on EV purchases amid U.S. President Donald Trump's crackdown on all-electric mobility in the country. What Happened: The GOP representatives in the Senate want to end the Federal EV credit within 180 days after the...
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Allegro MicroSystems Being The Leader In Critical Magnetic Sensors For EVs Justifies Premium Valuation: Analyst
Monday, June 16, 2025 - 1:04pm | 581Bank of America Securities (BofA) analyst Vivek Arya has reinstated its coverage of Allegro Microsystems (NASDAQ:ALGM) with a Buy rating and a price forecast of $38 per share. Arya highlighted that Allegro is the leader in producing magnetic sensors critical to the operation of electric vehicles (...
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Stellantis Trials New 5-Minute Battery Swapping Tech In Fiat 500e Fleet: Report
Monday, June 16, 2025 - 6:34am | 412Stellantis NV (NYSE:STLA) has begun trials for battery swapping technology in the Fiat 500e all-electric hatchback, which could offer a fully-charged battery in 5 minutes. What Happened: The company, which owns various brands like Jeep, Chrysler, Fiat, Peugeot and more, is conducting test runs for...
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Trump Says He Was 'Amazed' That Tesla CEO Elon Musk Endorsed Him Despite His Anti-EV Stance
Monday, June 16, 2025 - 3:25am | 542President Donald Trump was "amazed" by Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's endorsement for his campaign in last year's presidential election, which ended in Trump winning a second term at the White House. What Happened: Gerber Kawasaki's CEO and Co-Founder, Ross Gerber, took to social media...
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Elon Musk's Cybercab Ambitions Just Got A Boost As NHTSA Eases Regulations For Autonomous Vehicles
Monday, June 16, 2025 - 2:33am | 759The National Highway Traffic Safety Administration (NHTSA) announced it will be easing some regulations over autonomous vehicles as Elon Musk looks towards Tesla Inc.'s (NASDAQ:TSLA) Cybercab. What Happened: NHTSA is streamlining its exemption process for vehicles "To facilitate automated driving...
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Trump Says 'I Like Tesla' As Feud With Elon Musk Subsides: 'But I Also Like Combustion Engines'
Friday, June 13, 2025 - 2:39am | 622President Donald Trump has said he likes Tesla Inc. (NASDAQ:TSLA) as tensions ease with CEO Elon Musk following Musk expressing regret over his comments on the President. What Happened: "You can get any car you want. You can get electric, a lot of people love the electric," Trump said during a...
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Cathie Wood Buys Tesla Again, Calls Elon Musk's EV Giant 'Largest AI Project On Earth:' Report
Friday, June 13, 2025 - 2:01am | 477ARK Invest's Cathie Wood has added Tesla Inc. (NASDAQ:TSLA) ETFs to the firm's investments again after recently trimming its Tesla position. What Happened: Investment firms are spending more money because of business-friendly policy and the Trump administration's tax cuts, Wood told Bloomberg on...
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Elon Musk Net Worth Down $64 Billion In 2025 — But Tesla CEO Still Richer Than Value Of Ford, General Motors, Stellantis, Toyota Combined
Thursday, June 12, 2025 - 7:14pm | 640The world's richest billionaire has taken a hit to his wealth in 2025. Even after a year-to-date decline for Tesla Inc (NASDAQ:TSLA) stock, Elon Musk is still significantly ahead of who is in second place and worth more than several of his automotive rivals combined. What Happened: Tesla CEO Elon...
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Stock Of The Day: Could Lucid Gaps Refill?
Thursday, June 12, 2025 - 1:58pm | 577Lucid Group, Inc. (NASDAQ:LCID) shares are trading sideways Thursday. But if they can break some resistance, a rapid and large move higher may follow. "Gaps tend to refill" is an old trading expression. It is true, and the chart of Lucid illustrates some examples of it. This is why it is our...
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Waymo's Pricey Rides Are Still Stealing Uber, Lyft Customers
Thursday, June 12, 2025 - 12:12pm | 465Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo's robotaxi rides are more expensive than catching a ride from Uber Technologies, Inc. (NYSE:UBER) or Lyft, Inc. (NASDAQ:LYFT), yet demand remains high despite the higher prices. What To Know: Recent data collected by the Obi app — which tracks real...