Tesla Inc. Chief Executive Elon Musk on Tuesday asked a federal judge to terminate his 2018 agreement with the top U.S. securities regulator requiring some of his tweets to be vetted by a lawyer. Musk also asked the judge to block a U.S. Securities and Exchange Commission (SEC) subpoena requesting records of pre-approval of a…
Tesla’s Musk Seeks to End SEC Muzzle on Tweets, Could Face Uphill Battle
Why Tesla, Rivals Could Find It Tough to Launch Affordable EVs If Russia–Ukraine War Keeps Raging
March 8, 2022
admin
affordableBusiness & EconomyCompanieseconomic policieseconomyEuropeEVsInternationalMarketsNickelRussiaRussia-Ukraine WarteslatoughUkraineWorld
0 Comment
Prices of nickel and other key electric-vehicle materials have skyrocketed as the Russia–Ukraine war has sparked supply worries, and could throw a wrench into the plans of Tesla Inc. and its rivals to launch cheaper cars, according to media reports. What Happened Nickel prices soared 62 percent on Monday to an almost 15-year high of over $40,000…
Tesla Bull Dan Ives Sees 70 Percent Upside in Tesla
March 8, 2022
admin
BerlinBusiness & EconomyCompanieseconomyEuropegigafactoryInternationalproductionteslaUpsideUSUS NewsWorld
0 Comment
Tesla Inc. overcame a “major overhang” after German authorities cleared its production at a new factory in Berlin, according to Wedbush analyst Dan Ives. Ives, a well-known Tesla bull, sees the stock rising, emphasizing the Berlin “Gigafactory″ as of utmost importance to Tesla and its stock price. Ives said that the company’s Model Y is…
Chart Wars: Between Tesla And General Motors, Which EV Stock Can Reverse First?
General Motors Company and Tesla, Inc have struggled recently, with General Motors plummeting about 33 percent from its Jan. 5 all-time high of $67.21 and Tesla falling about 32 percent from its Nov. 4 all-time high of $1,243.49. Both stocks have been negatively affected by the bearish indecision within the general markets that began in…
Tesla to Win Approval for $5.5 Billion Berlin Gigafactory on Friday
BERLIN—The German state of Brandenburg has called a news conference for Friday at which it is widely expected to approve Tesla’s 5 billion euro ($5.5 billion) gigafactory near Berlin if certain conditions are met. “The approval procedure for the e-car and battery factory of the U.S. company Tesla in Gruenheide in Brandenburg is nearing completion,”…
The Obscure Premium That Justifies Tesla’s Insane Valuations
Commentary I’ve recently been trying to get my head around Tesla’s ridiculous valuations. I have to confess, it’s been a struggle. Even after the current pullback in the market—with Tesla down 25 percent from its high back in November 2021—and despite its recent spate of recalls, it’s still outrageously valued. Its current P/E ratio is…
Intel and Tesla Struggle to Balance Ethics and Profit in China
March 2, 2022
admin
Business & EconomyBusiness ColumnistsChinaChina Business & EconomyIntelOpinionteslaThinking About ChinaUS-China relationsXinjiang
0 Comment
News Analysis Many multinational companies in China are in a dilemma. They find it almost impossible to maintain moral and ethical norms while appeasing Beijing in order to make money in China. Intel and Tesla are two prominent examples. Despite kowtowing to Beijing, Intel and Tesla have been recently suppressed by the Chinese Communist Party…
Panasonic to Begin Mass Producing New Tesla Battery by End-March 2024
March 1, 2022
admin
Asia & PacificbatteryBusiness & EconomyCompanieseconomyInternationalMasspanasonicproductionTechTech NewsteslaWorld
0 Comment
TOKYO—Panasonic Corp. said on Monday it will begin mass production of a new lithium-ion battery for Tesla Inc. before the end of March 2024 at a plant in Japan. Unveiled by the Japanese company in October, the 4680 format (46 millimetres wide and 80 millimetres tall) battery is around five times bigger than those currently…
Daiwa Gets Bullish on Tesla Citing Its Edge Amid Russia-Ukraine Crisis
Daiwa analyst Jairam Nathan upgraded Tesla Inc. to Outperform from Neutral with a price target of $900, down from $980. It implies an upside of 12.4 percent. The analyst says renewed supply chain concerns combined with higher oil prices enhance Tesla’s competitive advantage over legacy internal combustion engines. Tesla’s ability to export out of “cost-efficient” China and its…
Volkswagen Sets Eyes on $22,000 EV as It Looks to Rival Tesla, CEO Says Focus on Simplifying Company Structure, Building up Competencies
Volkswagen Group CEO Herbert Diess said on Wednesday self-driving technology will be a big game-changer in the coming years and that the German automaker is working on a $22,000 electric car as it speeds up efforts to overtake current market leader Tesla Inc. in the electric vehicle space. VW and Self-Driving Diess talked about autonomous driving, which…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`