Tesla bull says caution surrounding AI label is advised while raising price target

By Joey Klender Posted on June 22, 2023 Tesla (NASDAQ: TSLA) bull Adam Jonas of Morgan Stanley is advising investors to use caution when discussing the company’s future as an artificial intelligence (AI) entity as monumental expectations from analysts and others could leave many disappointed, he said in a note. “While we do agree with …

Tesla rumored to be purchasing wireless charging company Wiferion

By Joey Klender Posted on June 21, 2023 Tesla is rumored to be purchasing wireless charging company Wiferion, a Freiberg, Germany-based entity with charging and power solutions. Wiferion describes itself as “the industry’s leading supplier of automated, wireless power supply systems.” The company has worked to provide over 100 companies with wireless charging solutions since …

Tesla stock pops on Rivian deal, continuing surge toward $1T market cap

By Joey Klender Posted on June 20, 2023 Tesla stock (NASDAQ: TSLA) popped more than 3 percent on Tuesday after news of its collaboration with Rivian (NASDAQ: RIVN), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. Rivian will also gain access to 12,000 Supercharger locations owned …