Tag TSLA

Melius Research is out with a bullish note on Tesla, focusing on the opportunity ahead with autonomy and its A15 chip due for release in mid-2027...

STORY: :: TeslaTesla faces a sales crisis that seems to be intensifying. That’s while CEO Elon Musk has pivoted focus to the carmaker’s self-driving and humanoid pursuits... And winning shareholder approval for his $1 trillion pay package. The EV-maker has faced pressure in the world’s three biggest car markets: Europe, China and the U.S. For Europe, it’s particularly dark; with industry data showing sales plummeted 48.5% across the continent in October - compared to the same month last year. For the year, its sales are down about 30% in the region, while industrywide EV sales jumped 26%.A wave of Chinese brands has entered Europe with intriguing designs and broader choice on types. And stats showed rival BYD outsold Tesla in the region more than two to one. The weak European results suggest there’s no quick fix for the sales turmoil that began last year... :: April 2025Which was sparked by Musk publicly praising far-right figures, setting off protests across the region. Musk's gone relatively quiet on politics, but Tesla’s European business has not recovered, signaling more fundamental problems.More widely, Tesla's global vehicle deliveries are expected to decline 7% this year, figures showed, after a 1% drop in 2024. That’s despite record Q3 deliveries, boosted by American buyers racing to beat the expiration of an EV tax credit at the end of September. Yet as recently as 2023, Tesla’s Model Y SUV was the world’s top-selling car, gas or electric. Analysts say the EV maker's narrow lineup of models has grown stale - and needs a new model to revive sales. But, as Musk looks to robotics, there's little evidence of one in the pipeline. Tesla did not respond to requests for comment...

New Arizona permit hints at broader growth ahead...

The US government has negotiated a 71% discount for Novo Nordisk’s (NVO, NOVO-B.CO) weight-loss drugs Ozempic and Wegovy for patients enrolled in Medicare. HP (HPQ) plans to cut up to 10% of its workforce as it invests further in AI. Tesla (TSLA) CEO Elon Musk has announced plans to double the number of robotaxis in Austin, Texas, next month. For more live coverage of the markets, watch the full episode of Market Sunrise and visit Yahoo Finance...

CEO Elon Musk has declared that the number of chips that Tesla will design will outnumber the combined strength of all chip-making rivals...

Tesla CEO Elon Musk claimed on X late Tuesday that the EV giant's Model Y robotaxi ride-hailing service fleet will increase in December, but will still be well below Musk's previous target. TSLA shares advanced prior to Wednesday's stock market open. Musk, who has been touting Tesla's AI and autonomous potential, wrote on X Tuesday that "the Tesla Robotaxi fleet in Austin should roughly double next month."...

Canada's electric vehicle (EV) market is experiencing robust growth, fueled by government incentives, increased investment in charging infrastructure, and heightened environmental awareness among consumers. Federal and provincial support, including rebates and tax benefits, are propelling both individual and commercial adoption of EVs, with urban centers leading the transition. Automakers are expanding EV offerings, particularly in the SUV and pickup truck segments, aligning with traditional.....

Another Musk tweet, this time about robo-taxis, appears to be helping Tesla stock early on Wednesday...