#TESLA News

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The NHTSA closes a 2021 investigation into Tesla's Autopilot and opens a new one to evaluate whether a December 2023 Autopilot recall fix is effective enough

techcrunch.com The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes…

These two Magnificent 7 stocks are hedge funds' favorites

investing.com Analysts at Jefferies highlighted two Magnificent 7 stocks that have become favorites of hedge funds. According to Jefferies, hedge funds have leaned into communication…

U.S. opens investigation into Tesla’s recall of more than two million vehicles over Autopilot

theglobeandmail.com U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla’s TSLA-Q recall of more than 2 million vehicles announced in December to install…

U.S. probing whether major Tesla Autopilot recall went far enough

cbsnews.com Tesla recalling more than 2 million vehicles to fix a safety issue with its autopilot feature Detroit — The government's auto safety agency is investigating whether last…

Daimler Truck Workers in North Carolina Are Poised to Strike

nytimes.com Workers at Daimler Truck, which split from Mercedes-Benz in 2021, have been represented by the U.A.W. for several decades. The union has adopted a more assertive stance…

Today's Logistics Report: Consolidating Big Commodity Suppliers; Coal Plants Getting Squeezed

createsend.com U.S. economic growth slowed to a 1.6% pace in the first quarter, as rising imports helped offset increased consumer spending. (WSJ) South Korea’s economy grew at a…

Opinion: 10 Figures That Show Tesla Is Completely Uninvestable Right Now

finance.yahoo.com Earlier this week, the most-influential electric-vehicle (EV) manufacturer on the planet, Tesla (NASDAQ: TSLA), lifted the proverbial hood on its much-anticipated…

US probes whether recall of Tesla Autopilot driving system did enough to make sure drivers attention

seattletimes.com The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the…

Meta's AI spending tests Facebook's growth-first playbook

finance.yahoo.com This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: • None The chart of the day A million dollars isn't…

Quiz of The Week: 20

theweek.com From the US Senate paving the way for a ban on TikTok to warnings about a "cicada-geddon" featuring insect "sex zombies", the last seven days have been full of memorable…

Former Tesla SVP sells $181 million worth of shares

cnbc.com In an aerial view, brand new Tesla cars sit parked in a lot at the Tesla Fremont Factory on April 24, 2024 in Fremont, California. Former Tesla executive Drew Baglino, who…

3 EV Stocks to Buy on the Dip: April 2024

investorplace.com Here are a few of the top EV stocks set to accelerate off recent lows Electric vehicle ( ) sales are expected to be robust this year. And demand is set to accelerate over…

EV Stocks Are NOT Dead: 3 Players That Wall Street Still Loves

investorplace.com The EV market may be in the midst of a slump, but that hasn't stopped the Street's enthusiasm The electric vehicle (EV) market has seen better days in 2024. The U.S. Federal…

3 Tech Stocks That Could Be Heading Six-Feet Under

investorplace.com These companies are struggling and face existential threats to their business Technology stocks had a great run in 2023. This year, not so much. In the past month, the…

Tesla’s Former Executive Sells Gargantuan Portion of Shares

tipranks.com Tesla’s (NASDAQ:TSLA) former executive, Drew Baglino, sold around $181.5 million worth of the EV major’s shares, according to an SEC filing. Baglin...

Trading Trump: Truth Social's first month of trading has sent investors on a ride

apnews.com There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear…

Kara's Ketamine Trip, Meta and Tesla Earnings, and the FTC Bans Non-Competes

dcs-cached.megaphone.fm Kara and Scott discuss the campus protests, Harvey Weinstein’s conviction being overturned, and… Kara doing ketamine. Meta and Tesla’s Q1 earnings are out, and Scott’s got…

Regulators launch review of whether Tesla did enough to fix Autopilot

washingtonpost.com The National Highway Traffic Safety administration has launched a new review of Tesla’s Autopilot system, signaling that it has concerns the automaker did not do enough to…

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

cnbc.com Nio Founder and CEO William Li poses outside of the New York Stock Exchange to celebrate his company's IPO. BEIJING — Chinese electric car start-ups Nio and Xpeng are…

Ford tapped the brakes on EVs and bet on hybrids. It's paying off

aol.com None Ford is reaping the benefits of its bet on hybrids. • None The automaker recorded surging hybrid sales in the last quarter, even as demand for EVs slowed. • None Ford…

Bitcoin and Ethereum Face Crucial Test as $9.26 Billion in Options Near Expiration

beincrypto.com A large volume of Bitcoin (BTC) and Ethereum (ETH) options, worth approximately $9.26 billion in notional value, will expire on April 26, 2024. This event involves 96,172…

Hyundai aims to capture the emotion of driving in electric vehicles

newsweek.com The smell of gasoline at the pump. The rumble you feel sitting on a bench seat when a V8 shoots a car ahead from the stop line. The less-than-perfect throttle response on…

Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter

barrons.com Tesla ended the quarter with less than 50% BEV market share in the U.S. for the first time.

Analysis: A brutal elimination round is reshaping the world’s biggest market for electric cars

cnn.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. A “life and death…

EV sales have slowed. Do massive subsidies still make sense?

cbc.ca Enormous investments in EV technology shook the automotive industry in both Canada and the U.S. this week. Honda promised to spend $15 billion in Ontario on Thursday…

Tesla Shares Jump After Musk Announces Discount EV Models Coming

youtube.com Earlier this week Tesla announced a significant 9% decrease in first-quarter revenue, marking its largest decline since 2012.

Chinese automakers redefine the car as a living space at Beijing Auto Show

apnews.com How about turning a car’s front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? Or a 43-inch…

Tesla Investor Touts EV Giant's Billions-Mile Leap In Gathering Self-Driving Data: 'How Can Any Automaker Catch Up?'

benzinga.com Sawyer Merritt, a prominent Tesla investor, recently emphasized the electric vehicle giant’s unparalleled data collection prowess, citing the staggering mileage covered by…

xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders

techcrunch.com xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders xAI, Elon Musk’s 10-month-old competitor to the AI…

Billionaire 'bond king' Bill Gross tells investors to avoid tech and stick to value stocks

finance.yahoo.com None Billionaire "bond king" Bill Gross told investors to avoid tech stocks and stick to value stocks. • None Microsoft is the only buy if investors must dabble in the tech…

CEOs make the message clear on AI's big payoff: Be patient

aol.com None Major companies are pouring vast amounts of resources and money into artificial intelligence. • None But many have yet to see any significant returns on their…

Hertz continues to feel EV losses, plans to dump more from its fleet

teslarati.com Hertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to…

India 'confident' new EV policy measures will allow more foreign players to enter market

cnbc.com India is confident that its new electric vehicle policy measures will open up the market to more global players, said the country's secretary of the Department of Promotion…

Cathie Wood makes almost $100 million on battered tech stock

thestreet.com shares stumbled badly until this week amid falling deliveries, price cuts, and concern that Chief Executive Elon Musk was distracted from his work at the electric vehicle…

Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough

aol.com Hertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday.…

Billionaire Ron Baron Calls The Bottom In Tesla Stock, Says Shares Will 'Go Up Huge' From Here: 'It's Like A Rubber Band'

benzinga.com Billionaire investor Ron Baron believes Tesla Inc TSLA stock has fallen far enough and is now getting ready to rip higher from current levels. Why TSLA Is Down: Thursday on…

A Mercedes With Autonomous Driving Just Hit the US Market

thedailyupside.com Look Ma, no hands… or eyes. Mercedes just became the first manufacturer to sell autonomous cars in the US that don’t require drivers to watch the road, Fortune reported.…

Tesla Q1: Model 2 Could Be Their Model T (NASDAQ:TSLA)

seekingalpha.com Going into the Q1 earnings call on April 23rd, I saw expectations as quite low for Tesla, Inc. (NASDAQ:TSLA). Post Q1 earnings, I believe it's clear the company continues to…

A stock pop and a stock flop

marketplace.org “Boeing failures are a case study of America’s manufacturing “dark age” from Marketplace “How science could disrupt the gin industry” from Marketplace Join us tomorrow for…

Ford looks to future EV breakthroughs — and smaller cars

theverge.com Ford is the No. 2 seller of electric vehicles in the US. It’s very proud of that fact, but the amount of cash it had to burn to get there is enough to make you wonder…

The stark contrast between Meta and Tesla earnings reactions reveals the uncanny power of Musk's promises

aol.com None The rules are always a little different for Elon Musk. • None The Tesla CEO keeps it cool and keeps investors on his side. • None Despite his track record, Musk's…

Ford Is Enticing Tesla Owners With Special F-150 Lightning EV Discount

thedailyupside.com Ford isn’t going after Tesla — just its customers. The Big Three legacy car titan has unveiled a special discount for Tesla owners who purchase its F-150 Lightning EV…

Tesla Reveals Robotaxi App and Names the Robotaxi the CyberCab

notateslaapp.com Tesla Reveals Robotaxi App and Names the Robotaxi the CyberCab Tesla has invested billions of dollars over the years toward vehicle autonomy. The mission continues as Elon…

What if no one wants a cheap Tesla?

businessinsider.com Tesla reported disappointing results for the first quarter. • But investors celebrated news of cheaper vehicles on the horizon. • That assumes lots of people want to buy a…

The real reason Tesla is tanking: Musk's political self-sabotage

boingboing.net Tesla sales are way down, the stock has fallen by 40%. This piece on the BBC website purports to look at the headwinds Tesla faces in a tough market: A price war has been…

Hertz loses another $200 million from its EVs

finance.yahoo.com Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized” its prior EV fleet…

UBS Just Slashed Its Price Target on QuantumScape (QS) Stock

investorplace.com With QuantumScape’s (NYSE: ) recent first-quarter earnings report, the devil may be in the details. Earlier, UBS slashed its price target on QS stock to $5 from $9 after the…

Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot

nbcnews.com SEATTLE — A Tesla that may have been operating on the company’s Autopilot driving system hit and killed a motorcyclist near Seattle, raising questions about whether a recent…

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