Tesla Stock News

Eight of China''s provinces have submitted their bids to Tesla Inc. in an effort to become the location for the company''s next Gigafactory, Electrek reported on Monday. According to the filing

An Academy Award nominated film could have Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk to thank as he served as the key inspiration for a central character in the movie. What Happened: The Netflix Inc (NASDAQ: NFLX ) movie Dont Look Up received a limited theatrical release in December 2021 before hitting the streaming platform. The movie is now a multi-Academy Award nominee, scoring nominations for categories of Best Picture, Best Original Screenplay, Best Editing and Best Original Score. The movie features Leonardo DiCaprio, Jennifer Lawrence, Meryl Streep, Mark Rylance and others in an apocalyptic tale of the world ending due to a comet that will destroy Earth. One of the key characters in the movie is billionaire and technology CEO Peter Isherwell, played by Rylance. Many who watched the movie have noted the similarities of physical appearance and portrayal to several famous tech Full story available on Benzinga.com

(Reuters) – Leonardo DiCaprio-backed Polestar’s ad taking a potshot at rivals Tesla and Volkswagen topped the list of the most popular commercials during Super Bowl LVI, new data on Monday showed. The 30-second ad by the electric-car maker performed roughly 23 times better than other commercials aired during the game, according to consumer search data … Read More

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Avocado prices soar 59% ahead of the Super Bowl; Mexican court halts $1B expansion plans for Port of Veracruz; Tesla is expanding its factory in Austin; and Gebrüder Weiss expands into Texas for nearshoring opportunities. Avocado prices soar 59% ahead of Super Bowl Just ahead of the Super Bowl, avocado prices so far in February in the U.S. recorded a 59% year-over-year increase at the supermarket. For the week before the Super Bowl, the average price of a Hass avocado (the most popular variety) was $1.24, compared with 78 cents last year, according to a U.S. Department of Agriculture report . The USDA''s National Retail Report on Specialty Crops, 5,505 stores ran ads or special promotions on avocados last week, compared with nearly 20,000 stores the same period last year, likely meaning less bargains at the supermarket.

The consumer sentiment surrounding Tesla’s all-electric cars is that they are fast, sustainable, and technologically advanced. However, car buyers are now adding a new word to that list: luxurious. A new Kelley Blue Book study shows Lexus, BMW, and Tesla are now the top three brands considered by luxury car buyers. Tesla placed fifth behind BMW, […] The post Tesla closes in on Lexus, BMW in luxury car brand shopping consideration appeared first on TESLARATI .

Piper Sandler has updated its model to reflect information derived based on 10-K disclosure, as well as an updated forecast for deliveries, capex, and margins. With these changes, the firm increased Tesla''s price target to $1,350 from $1,300. More

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Mullen Automotive (NASDAQ: MULN ), an emerging electric vehicle (“EV”) manufacturer, has released results of a market study comparing the Mullen FIVE to two industry-leading competitors: the Tesla (NASDAQ: TSLA ) Model Y and Ford (NYSE: F ) Mach-E. Mullen commissioned the detailed EV market study and conceptual benchmark comparison last year, partnering with consulting firm GO GROW LLC (“GO”) to develop a comprehensive, consumer-facing, market exploration of the EV category. The study, which involved a sample of almost 4,000 respondents, was also designed to field and test a future-seeing, conceptual execution, and benchmark comparison of the Mullen FIVE Crossover product against the two other vehicles. According to the company, results of the study show the Mullen FIVE, an industry newcomer, generating strong metrics across the continuum of test variables, both relative to the competitive benchmarks and on an absolute basis.

Tesla isn’t unique among Fortune 500 companies in facing legal complaints alleging racism, though a formal lawsuit from government regulators can pose serious risks.

In January, Tesla’s Gigafactory Shanghai saw a surge in deliveries — but not for those within China. Tesla China sold 59,845 units in January, marking … Read more The post Tesla China Sells Nearly 60,000 Cars in January, Up 287% vs 2021 appeared first on TeslaNorth.com .

And why not all the news is good.

Tesla''s China Sales Tumble 15.5% MoM After Record December, Piper Raises Price Target To $1,350 Tesla''s sales in China fell -15.5% sequentially in January, as the automaker dealt with increasing EV competition and higher comps coming out of a record month in December. China’s Passenger Car Association reported on Monday morning that the automaker had sold 59,845 total vehicles for the month in China. According to Bloomberg, that number included 19,346 cars sold in China and 40,499 units exported in the month. Recall, Tesla sold 70,602 cars in China during December, marking a 34% sequential rise in sales from November into December. For 2021, we reported that new energy vehicles stole the show in China, with sales totaling 2.99 million units. 2021 battery electric vehicle sales led the charge, according to Bloomberg, with sales up 168.6% to 2.44 million units for the year. China’s Passenger Car Association said that overall passenger vehicle sales finished the year at 20.5 million units, up 4.5% for the year.

© Provided by Xinhua SHANGHAI, Feb. 14 (Xinhua) -- Tesla''s Shanghai Gigafactory exported more than 40,000 vehicles in January this year, ensuring its status as one of the U.S. electric carmaker''s main export hubs, the company said on Monday. In January

After producing and selling nearly half a million cars last year, the team at Tesla China has started off 2022 on the right foot. According to data released by the China Passenger Car Association (CPCA) [] The post Tesla China kicks off 2022 with nearly 60,000 sales in January, almost sets export record appeared first on Drive Tesla .

The Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM ) an exchange-traded fund driven by artificial intelligence has acquired new stakes in Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) and Meta Platforms Inc. (NASDAQ: FB ), while entirely divesting its holdings in Tesla Inc. (NASDAQ: TSLA ), Adobe Inc. (NASDAQ: ADBE ) and Shopify Inc. (NYSE: SHOP ). What Happened: The ETFs latest portfolio after rebalancing in early February showed it has also entirely divested its holdings in Salesforce.com Inc. (NYSE: CRM ) and Qualcomm Inc. (NASDAQ: QCOM ). The fund, which has assets under management Full story available on Benzinga.com

Electric vehicles (EVs) were the dominant theme in yesterday’s Super Bowl commercials, with the likes of GM, Nissan, BMW, and others paying millions of dollars for the highly coveted screen time. One of those others […] The post Elon Musk laughs at Polestar’s Super Bowl ad that takes shot at Tesla and VW appeared first on Drive Tesla .