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 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 …

Tesla (TSLA) winning streak ends at 13, shorts feel $12B loss

By Joey Klender Posted on June 15, 2023 Tesla (NASDAQ: TSLA) had its 13-day winning streak snapped at market close yesterday, but the automaker managed to add more than $200 billion in value over the period. Meanwhile, short sellers are feeling a more than $12 billion burn on the year, $5 billion of which has …