Elon Musk has predicted an obliteration for short sellers of Tesla (TSLA). Moreover, Tesla plans to boost sales in Canada and collaborate with Nvidia, scaling back its in-house chips. Negatively, Guggenheim reiterated a sell rating on Tesla despite updates on Full Self Driving (FSD) and Robotaxi. In legal news, investors have been reminded of an ongoing class action lawsuit against Tesla, with a plaintiff deadline set for October 3, 2025. Tesla’s recent Pennant break suggests possible downward movement for the stock. Conversely, Deutsche Bank boosted its Tesla stake by nearly 21%. In other headlines, Tesla might lose its right to sell cars in California due to a false advertising lawsuit and has been found liable in a fatal Autopilot crash, affecting their Q2 2025 earnings and sales outlook negatively. Furthermore, Tesla reportedly lagged behind on its bills, affecting small American businesses. Despite these challenges, Tesla successfully secured a Robotaxi permit in Texas, fueling a stock surge and market buzz. However, sales are reportedly down 21% in the largest US EV market. The company is also facing another class action lawsuit filed by Pomerantz Law Firm.
Tesla TSLA News Analytics from Fri, 09 May 2025 07:00:00 GMT to Sat, 16 Aug 2025 23:33:52 GMT -
Rating -1
- Innovation 4
- Information 5
- Rumor -3
