Tesla(TSLA)
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Tesla Stock Pops 5% on AV Deregulation Buzz: ETFs in Focus
ZACKS· 2024-11-19 14:01
Electric vehicle giant Tesla (TSLA) shares climbed over 5% on Monday, reaching $338.74, following a Bloomberg report indicating that President-elect Donald Trump’s transition team is prioritizing a federal framework for autonomous vehicle (AV) regulations. Talks are rife that Donald Trump will ease regulations for self-driving cars during his upcoming second presidential term.Impact of Likely Federal Deregulation on TeslaRBC Capital analyst Tom Narayan emphasized the potential benefits of federal deregulati ...
PSE, Uplight plug Tesla in to expanded home battery program
GlobeNewswire News Room· 2024-11-19 14:01
BELLEVUE, Wash., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Puget Sound Energy (PSE) and Uplight, a clean energy technology company that helps consumers and energy providers conserve, manage, and monetize energy capacity, are excited to announce the expansion of their Flex Batteries program to include Tesla home battery systems. This expansion offers customers more product choices and cash incentives to enroll their home battery system in the program, starting Nov. 14. PSE’s Flex Batteries program, launched in Aug ...
Cathie Wood and Ark Invest dump millions of TSLA stock
Finbold· 2024-11-19 13:47
In a decade defined by tech, Cathie Wood has been one of the most forward-thinking investors. The CEO of Ark Investment Management (ARKK) is renowned for her focus on disruptive technologies — but her bets haven’t always paid off.ARKK was the best-performing actively-managed fund of 2020 — it has fallen from grace significantly since. Down from a February 2021 peak of $156.58, shares of the fund are now trading at just $51.11, although the fund has marked a modest 6.38% year-to-date (YTD) gain.ARKK price YT ...
Jim Cramer says 'nothing truly dulls the case' for owning Tesla stock
CNBC· 2024-11-19 00:58
CNBC's Jim Cramer made the case for owning Tesla stock, saying it's worthwhile not because President-elect Donald Trump reportedly wants to relax U.S. self-driving rules, but because of CEO Elon Musk himself."While I don't buy the national self-driving mandate, I think nothing truly dulls the case for owning Tesla," he said. "The Musk premium will work its magic in other ways, perhaps favorable municipalities and Tesla rentals next to federal highways."The electric vehicle stock jumped on Monday, up 5.62% b ...
Tesla stock jumps on report Trump plans to ease regulations around self-driving cars
Fox Business· 2024-11-18 19:55
Tesla shares surged more than 8% on Monday morning before tapering off in the early afternoon following a report over the weekend that President-elect Trump's transition team is looking to ease the regulations surrounding self-driving vehicles. The report from Bloomberg Sunday said Trump's team is planning to develop a regulatory framework for self-driving cars as part of a major priority for the Department of Transportation (DOT). Ticker Security Last Change Change % TSLA TESLA INC. 332.88 +12.16 +3.79% ...
Trump Set To Hand Musk 'Golden Path For Tesla' After Reversing Course On Autonomous Vehicle Ban
Benzinga· 2024-11-18 19:04
The future of Tesla Inc TSLA could be decided by autonomous vehicles with the company betting aggressively on the future of its robotaxis.After once threatening to ban autonomous vehicles in America, President-elect Donald Trump may be having a change of heart, bringing music to the ears of Elon Musk and Tesla investors.What Happened: New reports say President-elect Trump has plans to ease restrictions on self-driving vehicles, which could help companies such as Tesla in its push to expand FSD and bring rob ...
Why Tesla Stock Popped 7% on Monday Morning
The Motley Fool· 2024-11-18 17:59
Tesla (TSLA 5.97%) stock raced ahead by 7% through 10 a.m. ET Monday after Bloomberg reported that the incoming Trump administration wants to enact "a federal framework for fully self-driving vehicles." CEO Elon Musk has repeatedly said that he considers artificial intelligence (AI) and autonomous driving technology the keys to Tesla's future growth. Investors are hoping that with government backing, this will turn into a winning bet.What's driving Tesla stock higherTesla builds electric cars. Problem is, p ...
Tesla dangles deals for new buyers who take delivery by end of year as it tries to hit goal
Business Insider· 2024-11-18 17:29
Advertisement Tesla is offering three months of free Supercharging and FSD to customers taking deliveries of a new vehicle in 2024.The incentives come as Tesla strives to meet its target of delivering a record number of cars this year.The possible removal of the $7,500 EV tax credit under Trump could also motivate buyers to pull the trigger on a new EV.If you're thinking of buying a Tesla, now may be a good time.Elon Musk is looking to deliver a record number of Teslas by the end of the year, so the car co ...
Tesla Faces New Challenges As Automakers Push Ionna Joint Venture, NEVI Funds Get Cut
Benzinga· 2024-11-18 16:00
Tesla Inc‘s TSLA dominance in electric vehicle (EV) charging is in question. While automakers like General Motors Co GM and Mercedes-Benz Group AG MBGAF have adopted Tesla's North American Charging Standard (NACS), the need for a diversified network was clear.The two companies joined five other companies — Bayerische Motoren Werke AG BMYY aka BMW, Honda Motor Co Ltd HMC, Hyundai Motor Co, Kia, and Stellantis NV STLA — to launch Ionna, an independent charging network designed to provide reliable alternatives ...
Tesla Could Face a $7,500 Problem in 2025 Because of Trump
The Motley Fool· 2024-11-18 15:58
Here's everything you need to know about the electric vehicle maker's week.In this week's video, I cover need-to-know news about Tesla (TSLA 7.71%) from the week of Nov. 11. Check out the short video to learn more, consider subscribing, and click the special offer link below.You can find last week's summary here.*Stock prices used were from the trading day of Nov. 15, 2024. The video was published on Nov. 16, 2024. ...