Tesla adds new surprising fee to Robotaxi program

Tesla has added a new and somewhat surprising fee to the Robotaxi program. It’s only surprising because it was never there before. Tesla shocked everyone when it launched its Robotaxi platform and offered riders the opportunity to tip, only to tell them they do not accept tips. It was one of the company’s attempts at … Read more

Tesla scores major court win as judge rejects race bias class action

Tesla scored a significant legal victory in California after a state judge reversed a class certification in a high-profile race harassment case involving 6,000 Black workers at its Fremont plant. The ruling means the 2017 lawsuit cannot proceed as a class action because plaintiff attorneys were unable to secure testimony commitments from at least 200 … Read more

Tesla wins $508 price target from Stifel as Robotaxi rollout gains speed

Tesla received another round of bullish analyst updates this week, led by Stifel, raising its price target to $508 from $483 while reaffirming a “Buy” rating. The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.  Robotaxi rollout, FSD updates, and new affordable cars Stifel expects … Read more

Tesla receives major institutional boost with Nomura’s rising stake

Tesla (NASDAQ:TSLA) has gained fresh institutional support, with Nomura Asset Management expanding its position in the automaker.  Nomura boosted its Tesla holdings by 4.2%, adding 47,674 shares and bringing its total position to more than 1.17 million shares valued at roughly $373.6 million. The move makes Tesla Nomura’s 10th-largest holding at about 1% of its … Read more