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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

Analysts at Morgan Stanley pumped the brakes on Tesla stock by lowering its price target ahead of the automaker’s Earnings Call late this week. Price Cuts Tesla is still working on pricing stability , which improved greatly throughout 2023 but still offered some concern for investors. Morgan Stanley is one of them.

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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

CN EV Post

percent from March, according to estimates released today by the China Passenger Car Association (CPCA). Survey shows that car companies, which contribute about 80 percent of passenger car sales, are targeting slightly lower retail sales in April than in March, the CPCA said. million units, up 49.8

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Continental Mobility Study 2020 finds many people still have doubts about EVs

Green Car Congress

The Continental Mobility Study 2020 shows that enthusiasm for electric cars is strong in China, while reservations still need to be overcome in Germany, France, the US and Japan. Main arguments against all-electric cars by international comparison. Only in France is the price the most discouraging factor. Source: Continental.

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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Study finds solo hybrid drivers in California HOV lanes amplify congestion, create up to $4,500 per car in adverse social costs annually

Green Car Congress

l/100 km) to purchase a Clean Air Vehicle Sticker for $8, allowing them to drive on carpool lanes regardless of the number of occupants in the car. However, two-thirds of the sticker registrants had hybrid cars already on the road, the authors noted; in other words, the stimulus effect was lower than expected.

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J.D. Power, LMC: new vehicle sales in US slide again, 6th time this year

Green Car Congress

Although we are forecasting another decline in retail sales, it is important to note that in absolute terms vehicle sales remain close to record levels while transaction prices are at record highs. With high absolute retail sales volumes and record transaction prices for the month, consumers are on pace to spend $35.7 in November 2015.

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