Tesla (TSLA) stock gets downgraded to “Neutral” by Bank of America

By Simon Alvarez Posted on January 7, 2025 Bank of America analyst John Murphy has downgraded Tesla stock (NASDAQ:TSLA) from a “Buy” to a “Neutral” rating. The analyst, however, also raised his price target for TSLA shares from $400 to $490 per share. Tesla’s post-election rally and Q4 results: As noted in a report from …

How many BEVs did OEMs sell in the U.S. in 2024?

By Zachary Visconti Posted on January 6, 2025 Tesla remained the dominant seller of battery-electric vehicles (BEVs) in the U.S. last year, with early estimates showing that the company sold more than most of its competitors combined. While data isn’t yet available for every automaker selling BEVs in the U.S., we took the time to …

Tesla’s sales in China jumped by 8.8% in 2024

By Zachary Visconti Posted on January 5, 2025 Tesla had record electric vehicle (EV) sales in China for the last month of the year and an increase in sales for the full year, again solidifying the world’s largest automotive market as an important one for the U.S. company. On Friday, Tesla China reported that its …