Tag TSLA

Brad Smith and Madison Mills take a closer look at some of the trending tickers in premarket trading. UBS analysts downgrade General Motors (GM) to Neutral from Buy and cut their price target for Tesla (TSLA), while Goldman Sachs downgrades Ford (F) to Neutral from Buy. Nike (NKE) and Lululemon (LULU) fall, retreating from broad tariff pause highs, as investors assess the impact of increased tariffs on imports from China on retailers. CarMax (KMX) pulls its long-term sales forecast, citing macro-level uncertainty. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...

The EV maker’s shares, along with those of other auto makers, rallied after President Donald Trump’s decision to pause some tariffs. The car industry still faces stiff levies, though...

Billionaire investor Mark Cuban had high praise for Elon Musk last week, calling him possibly the greatest builder in modern manufacturing, while also challenging Musk’s stance on tariffs. In a post on X, Cuban addressed Musk directly, writing: “Hey @elonmusk, you may be the greatest manufacturing builder of all time. Did you need protective tariffs in order to manufacture in the USA? Or were private capital, your investment, and local and federal government incentives the difference?” Don't Mis...

Polestar is offering discounts of up to $20,000 towards a lease of its Polestar 3 vehicle for current Tesla owners in the United States, as the Swedish EV maker targets drivers shunning CEO Elon Musk's car brand. The campaign on Polestar's website appears to be an attempt by the company to lure disgruntled Tesla customers with the discounts amid slower-than-expected EV demand and worries that higher tariffs may raise vehicle prices. A long range, dual motor Polestar 3 with all the upgrade packs would cost around $93,000, the website says, but for Tesla owners using the discounts, the price would sink to $73,000...

Tesla launched sales in Saudi Arabia on April 9...

OpenAI escalated its legal battle with Elon Musk by countersuing the Tesla and xAI CEO, claiming he "has tried every tool available to harm" their company...

Wall Street reacts to president Trump's surprising move on tariffs...