OverviewLast week, Bank of America raised Tesla's target price by 14%. Craig Irwin, an analyst who has been bearish on Tesla for a long time, upgraded the rating to "buy" and raised the target price by 347%. This week, Morgan Stanley raised the target price by 29%, and Goldman Sachs increased it by 38%. $Tesla Motors(TSLA)$’s stock price closed up nearly 6% on Wednesday, and Musk, whose three-fourths of personal wealth comes from Tesla stocks and options, refreshed the highest personal asset record of the world's richest man.In the past week, Tesla's stock price has soared. Many major Wall Street firms have raised their target prices, and Tesla's stock price hit a three-year high. CEO Musk's net worth has further increased significantly, making hi

On Thursday, $Tesla Motors(TSLA)$ 's stock soared nearly 22%, marking its best single-day performance since 2013. Elon Musk’s net worth jumped by $33.5 billion in a single day, further solidifying his lead on Bloomberg's billionaire index.Q3 Results: Earnings Beat, Revenue MissOn Wednesday, Tesla reported revenue of $25.18 billion, falling slightly short of analysts' $25.37 billion expectations, but up 8% year-over-year. Adjusted earnings per share (EPS) hit $0.72, beating the expected $0.58 by a wide margin.Boosting profits this quarter was $739 million in revenue from regulatory credits, a major factor in Tesla's margin lift. JPMorgan analysts warned, however, that this credit-based boost might be “unsustainable.” Automakers are required to hold

图片On Thursday, $Tesla Motors(TSLA)$ ’s stock skyrocketed by 22%, marking its best single-day performance since 2013, following a better-than-expected earnings report.Strong Earnings ReportTesla reported Q3 revenue of $25.18 billion, slightly below analysts’ expectations of $25.37 billion but still an 8% increase from the previous year. The adjusted earnings per share (EPS) came in at $0.72, surpassing the average forecast of $0.58.JPMorgan analysts noted, “Given that investors have gotten used to Tesla's earnings missing expectations, we expect this surprise to trigger a strong positive response on Thursday.”Tesla’s profit margin was bolstered by $739 million in environmental regulatory credits. Analysts at JPMorgan pointed out that this is a “pot

$Tesla Motors(TSLA)$ shares saw a slight uptick on Tuesday, closing up 0.2% at $219.57, despite broader market declines with the $.SPX(.SPX)$ and $.DJI(.DJI)$ both down around 0.8%. This came as investors continue to react to Tesla’s recent Robotaxi updates, though the stock remains down roughly 8% since Tesla’s “Cybercab” showcase.Mixed Reactions to Tesla’s Cybercab EventThe event demonstrated Tesla’s prototype Robotaxi, yet many Wall Street analysts felt it lacked the concrete details investors hoped for, especially regarding the rollout timeline for Tesla’s autonomous taxi services. However, some stakeholders remain optimistic. ARK Invest’s Director of Investm

After $Tesla Motors(TSLA)$ ’s Robotaxi event, its stock plunged, while $Uber(UBER)$ ’s surged by 10%, hitting an all-time high. But how did Musk’s announcement turn into good news for Uber?Uber's Strategic PositionUber is a global platform for ride-hailing, food delivery, and freight transport. Its network effects and potential cost savings through autonomous vehicles (AVs) put it in a strong position to seize the opportunities presented by Robotaxis. With 150 million users on its platform, Uber provides immense value to companies developing AVs. Autonomous cars are expensive, costing $150,000 to $200,000, including both manufacturing and the high-tech sensors and computing power required for self-driving

With $Tesla Motors(TSLA)$ 's Robotaxi on the verge of debut, $Li Auto(LI)$ $LI AUTO-W(02015)$ plans to establish a chip R&D team in Hong Kong, while $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ 's new P7+ model has made its appearance. The competition in the AI sector among car manufacturers seems to be intensifying.1.Li Auto's Chip R&D ExpansionFollowing $NIO Inc.(NIO)$ $NIO-SW(09866)$ ’s launch of the Shenji autonomous driving chip and XPeng's Turinng chip, Li Auto is now entering the chip dev

$Tesla Motors(TSLA)$ ’s highly anticipated Robotaxi event, “We, Robot,” is just around the corner, and analysts are weighing in on what it could mean for the company.Stock Volatility and RecoveryEarlier this year, Tesla's stock plummeted nearly 43% in the first four months, wiping out over $320 billion in market value. However, thanks to improving quarterly delivery data and Musk’s confidence in the profit potential of autonomous driving, the stock has rebounded nearly 72% since hitting a low at the end of April.RBC Capital Markets analyst Tom Narayan is cautiously optimistic about the upcoming launch. He believes the event will be crucial in assessing the viability of Musk’s claims regarding the Robotaxi’s potential. Tesla plans to introduce its