Tesla Stock News

JPMorgan''s $250 price target for Tesla is the most pessimistic of all the big banks.

With Tesla''s latest FSD release, it''s asking drivers to consent to allowing it to collect video taken by a car''s exterior and interior cameras in case of an accident or "serious safety risk."

Musk Dumps Another $1.05 Billion In TSLA Stock, Reaches Halfway Point To Liquidate 10% Stake Bloomberg reports that Tesla Inc. Chief Executive Elon Musk has reached the halfway point of disposing of 10% of his stake in the electric-car company. According to new US securities filings, Musk dumped another 934,091 shares for $1.05 billion. The stock sale covered taxes related to Musk exercising an additional 2.15 million stock options. Since Musk tweeted on Nov. 6 that we would sell 10% of his stock if users of the social-media platform approved. He''s liquidated 9.2 million shares worth about $9.9 billion - now at the halfway point of liquidating his 10% stake. We noted earlier this month the Twitter poll gave Musk the cover to dump billions of dollars of stock, while blaming the Democrats'' proposed unrealized capital gains tax as the catalyst behind the sale. Incidentally, such an idiotic, socialist tax will never pass through Congress but is the perfect strawman for Musk to become far more liquid to the tune of billions, because as Scott Galloway said , echoing our own comments Musk will use "Twitter results as cloud cover to monetize $TSLA at prices he knows aren''t sustainable without outright telling the market he''s lost faith in its valuation." For those wondering if Musk is done selling; He''s not.

Nearly six months to the day after Tesla officially confirmed it was removing radar from newly built cars at its factory in Fremont, California, the automaker appears to have made the same change at Giga [] The post Giga Shanghai follows Fremonts lead and ditches radar appeared first on Drive Tesla .

The sell-off started after Musk asked his Twitter followers to decide whether he should sell 10 percent of his Tesla holdings.

Xpeng wants to become a global automaker Electric vehicles gained popularity worldwide, and companies are trying to attract customers with new models. Chinese electric car start-up Xpeng is ready to enter new markets. It plans to become a global automaker, with half of the vehicle deliveries going to countries outside China. Its rival Tesla said [] The post Xpeng wants to become a global automaker appeared first on FinanceBrokerage .

[Ford starts building charging facilities that look like Tesla super charging piles] according to foreign media reports, Ford has begun to build its own electric vehicle charging piles in the United States, and the company''s charging infrastructure is reminiscent of Tesla''s super charging piles. Recently, Ford has been trying to enter the field of electric vehicles, the company''s Mustang Mach-E electric SUV has been listed, in addition to its Fmur150 Lightning electric pickup truck is about to go on sale.

Dow Jones futures dropped 140 points Wednesday, as retailers Gap and Nordstrom plummeted on disappointing third-quarter results.

24th November 2021 (Hong Kong) Two men (44 and 34 years old) bought Tesla vehicles respectively to become Uber drivers. They applied to high court yesterday for judicial review, saying that the Transport Department refused to issue Hire Car permits to the two drivers, believing that the departments practice is legally wrong and unconstitutional. [] The post 2 Uber drivers apply for judicial review after Transport Department refused to issue Hire Car permits to them appeared first on Dimsum Daily .

GameStop Corp. (NYSE: GME ) continues to be the most-discussed stock on Reddits r/WallStreetBets forum as of early Wednesday, while Zoom Video Communications Inc . (NASDAQ: ZM ), Tesla Inc . (NASDAQ: TSLA ), Micron Technology Inc. (NASDAQ: MU ) and Nvidia Corp. (NASDAQ: NVDA ) are also seeing high interest. What Happened : Exchange-traded fund SPDR S&P 500 ETF Trust (NYSE: SPY ) is seeing the highest interest on the forum with 500 mentions as at press time, followed by videogame retailer GameStop with 349 mentions. Video conferencing platform Zoom Video and electric vehicle maker Tesla are in the third and fourth positions, having attracted 265 Full story available on Benzinga.com

Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk -led SpaceX and U.S. space agency NASA on Wednesday launched the Falcon 9 rocket along the California central coast for a first planetary defense test to redirect an asteroid. What Happened: The SpaceX Falcon 9 rocket was launched at the scheduled time of 10:21 p.m. PT Tuesday; both SpaceX and NASA confirmed the deployement nearly an hour later. On our way! 55 minutes into its flight, the #DARTMission spacecraft has separated from the @SpaceX Falcon 9 second stage, and will soon begin to orient itself toward the Sun. pic.twitter.com/hI6NoQ11zw NASA (@NASA) November 24, 2021 The U.S. space agency said the spacecraft would soon begin to orient Full story available on Benzinga.com

Stocks lower as Treasury yields creep higher; Oil slides as dollar jumps, demand bets soften following SPR release; Gap plunges as retailer slashes sales forecast; Nordstrom plummets as supply chain hits Rack inventories and Tesla CEO Elon Musk dumps another $1 billion worth of shares.

Don''t Look Now, But Cathie Wood''s Ark Is Taking On Water Among the biggest losers over the last 48 hour tech stock volatility has beenwell, everything in Cathie Wood''s "flagship" ARKK portfolio. Ergo, Wood''s ARKK fund has continued its dismal year, looking as though it could be heading back toward double digits any day now. Key components of Cathie Wood''s ARKK fund, including Tesla, Zoom, Spotify and DraftKings, are all lower in trading on Tuesday. Tesla is down more than 5% and names like Spotify and DraftKings were also down more than 5% at their lows during the cash session. Astute observers online are also starting to point out what can only be described as a massively widening delta between ARKK and all major indexes - to the tune of a whopping 40%! How long can investors ignore numbers like these from their favorite "active manager" before funds begin a deluge out of the way of all things Cathie Wood? $ARKK -16% YTD $QQQ +26% YTD $SPY +25% YTD DR. LUCID (@DRLUCID520) November 23, 2021 In addition, Wood''s Ark Genomic Revolution ETF has also been suffering outflows in November as returns lag.