Tesla Stock News

Democratic Senator Jeff Merkley blasted Teslas decision to open a showroom in Chinas controversial Xinjiang region, adding to growing criticism of the Austin-based companys actions.

Tesla stock is down again Thursday. It has, essentially, given up the bump it got for blowing away fourth-quarter delivery estimates.

Tesla stock is down again Thursday. It has, essentially, given up the bump it got for blowing away fourth-quarter delivery estimates.

Tesla''s better-than-expected results have ripple effects throughout the EV industry.

Cathie Wood s Ark Investment Management on Wednesday booked more profit in Tesla Inc (NASDAQ: TSLA ), selling 19,212 shares estimated to be worth $20.9 million based on the latest closing price in the electric vehicle maker. The Elon Musk -led companys stock, which had risen about 50% in 2021, closed 5.3% lower at $1,088.1 a share on Wednesday. Tesla stock has erased all the gains it accumulated on Monday after it reported fourth-quarter delivery volumes that far surpassed expectations. Ark Invest owns shares in Tesla via three of Full story available on Benzinga.com

Here is a list of the major U.S. EV companies, along with their models and deliveries.

Sony Is Joining The EV Race Move over, Tesla, Apple, and other "not just a car company" entrants into the EV market: Sony is joining the race. At CES 2022, Sony announced it would set up subsidiary called Sony Mobility Inc. to focus on electric vehicles, Nikkei reported overnight . They also unveiled a new SUV prototype vehicle, about two years after announcing its first plans for EVs and its first sedan prototype. The SUV prototype is called the Vision-S 02. Sony Chairman Kenichiro Yoshida commented: "The excitement we received after we showed off the Vision-S really encouraged us to further consider how we can bring creativity and technology to change the experience of moving from one place to another." "I''m excited to announce we are establishing a new company for mobility, Sony Mobility Inc., to accelerate these efforts, and we are exploring a commercial launch of Sony''s EVs," he continued. The company''s Vision-S 01 sedan sports two 200 kW electric motors and Level 2 autonomy, according to the report.

Tesla set the standard for electric cars going longer distances on a single charge, now 600 miles is the target for the EV industry.

Tesla (TSLA) Amazon (AMZN) Apple (AAPL) Alphabet (GOOGL) Facebook (FB) Meta Platforms (META) Microsoft (MSFT) & JPMorgan Chase (JPM) Technical Analysis

https://www.investing.com/news/stock-market-news/factboxus-automakers-line-up-ev-models-to-take-on-tesla-2731686

The demand for electric vehicles pushed U.S. automakers last year to unveil plans to spend billions of dollars to electrify gasoline models or introduce electric cars and trucks in a bid to catch up with market leader Tesla Inc .

Many traditional automotive companies have been transitioning into the electric vehicle space, which for years has been dominated by Tesla Inc (NASDAQ:

The stock market rally sold off after a hawkish Fed signaled faster tightening. Tesla and Microsoft are showing strain.

Watch out, Elon: Volkswagen and Toyota have you in their sights, with both announcing major new investments in electric vehicles to compete against market-leader Tesla.