{ }
Symbol TSLA
Name Tesla, Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Automobiles & Components
Industry Automobiles
Market NASDAQ Global Select
Country United States
State CA
City Palo Alto
Zipcode 94304
Website http://www.tesla.com
The Honda Prologue, with about 13,000 units sold since its launch, has quickly become the fifth best-selling electric vehicle in the U.S., appealing to loyal Honda customers seeking an affordable alternative to the Tesla Model Y. Its familiar design, comfortable ride, and practical features, such as a spacious interior and lower maintenance costs, contribute to its success. The Prologue"s starting price of $47,400 positions it competitively in the market, while its performance and reliability continue to resonate with Honda"s customer base.
The S&P 500 is set for a subdued opening after a challenging week, while Tesla shares surged 8% on news of potential regulatory easing for self-driving cars. Caution surrounds Nvidia"s upcoming earnings amid concerns over overheating Blackwell AI chips, while Wells Fargo raised price targets for Dell, UnitedHealth, and CVS Health, reflecting optimism in their respective sectors. Spirit Airlines filed for bankruptcy, and Robinhood received upgrades from analysts, highlighting a shift in sentiment towards digital currencies.
On November 18, 2024, major analyst calls were made regarding several prominent companies, including Nvidia, Netflix, Tesla, Roku, Moderna, CVS, Alphabet, and Robinhood. These evaluations are expected to influence market trends and investor decisions in the coming days.
Tesla shares surged 8% in pre-market trading on November 18, following reports that President-elect Donald Trump"s transition team may prioritize a federal framework for full self-driving vehicles. This potential regulation could benefit Tesla CEO Elon Musk, who has invested significantly in Trump"s campaign. Meanwhile, the Trump team is considering former Uber executive Emil Michael to lead the Transportation Department, which oversees regulations affecting automakers like Tesla.
The US Treasury Department is set to impose new restrictions on investments in Chinese AI startups starting January, aimed at safeguarding national security. These measures will prohibit funding for companies developing technology for military use and set a threshold of 10^25 flops for other AI models, complicating due diligence for US investors. As tensions rise, the incoming Trump administration may further tighten these rules, potentially impacting the broader landscape of US-China tech investments.
Xiaomi Corp reported a 30.5% increase in Q3 revenue, driven by strong demand for its first electric vehicle, the SU7 sedan, launched in March. The company raised its sales target to 130,000 units for the year and doubled production shifts to meet demand, despite the auto division operating at a loss. Xiaomi also maintained its position as the world's third-largest smartphone maker, with a slight increase in shipments.
Pakistan is set to reduce power prices at electric vehicle (EV) charging stations to boost demand and support the decarbonization of its transport sector. Power Minister Awais Leghari announced that the government is working on a pricing structure that will apply to all charging and battery swapping stations for small cars, two-wheelers, and three-wheelers.
Xiaomi Corp. has raised its electric vehicle delivery target for 2024 to 130,000 units, an increase of over 8% from the previous goal of 120,000. Co-founder Lei Jun announced this ambitious objective on social media, highlighting the company's commitment to competing in the crowded EV market alongside giants like Tesla and BYD.
The US dollar is rallying as investors anticipate that Donald Trump's potential presidency will reignite inflation, leading to higher bond yields. President Biden has authorized Ukraine to conduct limited strikes into Russia with US-made long-range missiles, while the G20 summit in Brazil is overshadowed by Trump's tariff proposals, which have negatively impacted European markets. Offshore oil is making a comeback, raising questions about its costs.
At the Guangzhou auto show, Chinese electric vehicle manufacturers are intensifying their focus on autonomous driving and AI technologies. With Tesla planning to introduce its full self-driving capabilities in China early next year, domestic brands are assuring customers that their advanced driving-assistance systems are either available now or will be soon.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.