Tag TSLA

Porsche and Tesla sales rates fell the most in 2023 across the EU, U.K. and EFTA countries, followed by Ford, Stellantis and Renault, Citi analysts said in a note. Asian car makers Honda, Nissan, Toyota and Hyundai enjoyed the fastest sales growth last year, with BMW also in the top five, the analysts said, citing new-car registration statistics from the European Automobile Manufacturers' Association...

Tesla Inc has slashed prices of its Model Y cars in Germany, a week after the carmaker reduced its Model 3 and Model Y prices in China. Tesla reduced prices for Model Y Long Range and Model Y Performance by 5,000 euros to 49,990 euros ($54,340) and 55,990 euros respectively, representing a discount of 9% and 8.1% compared to the previous prices. The latest price cut comes after Tesla announced last week that it would suspend most of its car production at its factory near Berlin from Jan. 29 to Feb. 11...

Tesla cut Model Y prices in several European countries overnight, days after reducing Model 3 and Model Y prices in China...

I believe Tesla's continued pricing cuts are unlikely to be undone. Click here to read why I have a Sell view now for TSLA stock...

Uber is offering its drivers exclusive purchase incentives of up to $2,000 for Tesla's Model 3 and Model Y, apart from existing federal tax credits. "We know from listening to Uber drivers that the cost of ownership and access to convenient charging are the top two barriers preventing them from going electric, and we are ... (working with) Tesla to tackle both of these issues," said Andrew Macdonald, senior vice president of mobility and business operations at Uber...

In the latest trading session, Tesla (TSLA) closed at $219.91, marking a +0.47% move from the previous day...

Polestar's Q4 decline in units delivered and Hertz's selling of Tesla vehicles may impact revenue estimates and the electric vehicle market. Learn more on PSNY stock here...