To The Moon

BofA lowered the firm’s price target on Tesla to $380 from $490 and keeps a Neutral rating on the shares. Tesla shares sank about 3% in premarket trading.The stock has been under pressure in recent weeks due to concerns about new vehicle sales dropping 45% year-over-year in the EU in January, sentiment on the brand potentially souring, no news on the low-cost model launch and risk to the Robotaxi launch. Given the slower growth and rising risks, BofA now values the Automotive business at 9-times

May 31 - Tesla is recalling 125,227 vehicles in the U.S. due to a malfunction in its seat belt warning system, the National Highway Traffic Safety Administration said on Friday.The regulator said the vehicles failed to comply with the federal safety requirements, as their seat belt warning light and audible chime may not get activated as intended when the driver is unbelted.The recall affects certain vehicle models such as 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3 and 2020-2023 Mo

SummaryThe world is experiencing an energy crisis. Costs for natural gas, electricity, etc. are exploding.With soaring electricity costs, EVs are losing their fuel cost advantage. Charging a Tesla has

Story HighlightsTesla stock has been heating up following the release of some solid Q2 earnings results. Though industry tailwinds are powerful, it’s unclear what future quarters will hold as the rece

Wild trading, due to a plethora of issues, has made it nearly impossible to track the valuations of electric-vehicle stocks like Tesla and Rivian. Recent ups and downs have shaken up the sector and th