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Tesla (TSLA) gets “Buy” rating and $298 price target from RBC Capital

Teslarati

RBC Capital analyst Tom Narayan maintained his “Buy” rating for electric vehicle maker Tesla ( NASDAQ:TSLA ) on Monday. His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. He covers several auto companies such as Tesla, Ferrari, and the Mercedes-Benz Group.

Buy 140
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87% of US Tesla drivers say they’ll buy another Tesla

Baua Electric

Photo: Tesla Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. Moreover, 81% of prospective US Tesla drivers are new customers switching from competing EV brands. ad* FTC: We use income earning auto affiliate links.

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Tesla Cybertruck reservation holders maintain high ‘intent to buy,’ survey

Teslarati

According to a new survey, Tesla Cybertruck reservation holders still firmly intend to buy, years after the initial announcement. The car reservation system has dramatically grown in popularity since Tesla made it a core part of its brand, and it’s no wonder why. Shoot me an email at william@teslarati.com.

Buy 98
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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans.

Auto 144
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Hertz is selling EVs, including Teslas, to buy gasoline models

Baua Electric

Hertz on Thursday announced that it’s selling about 20,000 EVs, including some Teslas, from its U.S. rental fleet to buy gasoline cars. 2021 to add 100,000 Tesla Model 3s , then added EVs from General Motors and Polestar, including plans to buy up to 175,000 GM EVs through 2027. It originally announced plans in Oct.

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Green Car Reports Best Car To Buy 2019: Tesla Model 3

Green Car Reports

The Tesla Model 3 is Green Car Reports' Best Car To Buy 2019. It’s the second time a Tesla product has won our annual award, which was captured by the Tesla Model S in 2013. Many have called the Model 3 Tesla’s “iPhone moment.”

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Sysco takes delivery of 10 Freightliner electric semi trucks, plans to buy 800

Baua Electric

Electrek’s Take Image by Richard Garcia ; via Tesla Semi spotted being used by another customer While it’s not entirely clear which electric trucks will join the 800 eCascadias in that final 2500 number, Sysco already seems to have taken delivery of at least one Tesla Semi. FTC: We use income earning auto affiliate links.

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