Tag TSLA

Tesla halted a huge run on reports that a robotaxi event will be delayed. BYD has broken out amid booming sales and big overseas push...

Tesla Inc. CEO and billionaire Elon Musk has reportedly made a significant donation to a super political action committee (PAC) supporting former President Donald Trump’s campaign. What Happened: Musk has made a contribution to the low-profile America PAC. The exact amount remains undisclosed but is described as a “sizable amount,” reported Bloomberg. The PAC is set to disclose its list of donors on July 15. Don’t Miss: Amid the ongoing EV revolution, previously overlooked low-income communities...

BYD's flexible pricing strategy, expansion into new markets, and development of luxury and plug-in hybrid vehicles position it for long-term success. See more here...

Tesla (TSLA) shares are trading higher on Friday despite a Bloomberg report indicating a two-month delay in unveiling the company's highly anticipated robotaxi. Guggenheim Securities director of automotive equity research Ron Jewsikow joins Catalysts to discuss Tesla's future prospects. Jewsikow calls the robotaxi plans as "a massive pivot" for Tesla, marking a shift from the company's previous focus on making electric vehicles more affordable. He notes that the robotaxi event announcement came on the heels of Tesla's decision to delay or cancel its "next-generation platform," mounting more pressure on the robotaxi project to be a success. A full-scale launch "prior to 2030 is unlikely," Jewsikow says about a realistic timeline for the robotaxi release date. Jewsikow views the period leading up to 2030 as a testing phase: "post-2030 is when this is a meaningful contributor to the business, and I would say even probably well into the 2030s before this is even at scale." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith...

Shares of Tesla (TSLA) are slipping after UBS downgraded the EV maker to Sell, believing that shares have rallied "too much, too soon" on its AI plans. Morning Brief Hosts Seana Smith and Brad Smith break down the call amid reports that Tesla plans to push back its robotaxi debut. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl...

The energy storage business and autonomous driving are key growth catalysts...

**↘️** **JPMorgan Chase (JPM)**: The bank posted a double-digit jump in quarterly profit, but much of that driven by an exchange of shares in **Visa (V)**. Excluding that and other items, the bank’s profit fell from a year earlier...

UBS downgraded Tesla stock to a sell rating on Friday, giving a tempered view of the EV giant's AI growth opportunities...

Tesla downgraded, Booking Holdings upgraded: Wall Street's top analyst calls...