Tesla Robotaxi event speculation leaves Wedbush unchanged in thesis

By Joey Klender Posted on July 12, 2024 Despite reports of Tesla’s Robotaxi Unveiling event being postponed by two months, Wedbush analyst Dan Ives believes the timing of the showcase is less important than the content of it. Yesterday, after Bloomberg reported Tesla was pushing the Robotaxi event back two months to October from August, the …

Tesla gets price target upgrade from Citi on EV and AI catalysts

By Joey Klender Posted on July 12, 2024 Tesla (NASDAQ: TSLA) has finished positive in 11 of the last 12 trading days on Wall Street, giving Citi a reason to upgrade the stock’s price target based on “catalysts” in both electric vehicle and artificial intelligence sentiments. Despite a sizeable dropoff on the market yesterday due …

Tesla granted extension to prepare for suit over inflated insurance premiums

By Joey Klender Posted on July 11, 2024 Tesla has been granted an extension to prepare for a lawsuit filed by a customer on behalf of drivers in eleven U.S. states claiming the company overcharged for insurance. Last year, a Tesla customer sued the automaker, stating the company utilized “false” crash warnings to inflate insurance …