Tag TSLA

Better-than-expected earnings from Li Auto have shares of the Chinese electric-vehicle maker rising Thursday...

Tesla shares moved lower in pre-market trading after analysts at HSBC initiated coverage of the clean energy carmaker with a muted rating and a discounted price estimate, citing elevated investor optimism and challenging delivery targets. HSBC analyst Michael Tyndall started the bank's coverage of Tesla with a 'reduce' rating and a $146 per share, implying a 34% decline from current levels, noting that the carmaker's goal of reaching 20 million deliveries by 2030 as the key medium-term challenge. Tesla said last month that it's on pace to meet its 2023 goal of 1.8 million EVs, although CEO Elon Musk cautioned that an earlier ambition of growing overall deliveries by 50% each year may not be possible...

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Rivian's partnership with Amazon for electric delivery vans provides a massive growth opportunity beyond the initial order. Find out if RIVN stock is a buy...

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