Bullish news for Tesla! Entering the procurement catalog of multiple state-owned enterprises.

Recently, Tesla Model Y was included in the Jiangsu Provincial Government's new energy vehicle procurement catalog.

Securities TimesJul 6 17:31

With the help of the "AI aura", Tesla has recovered from a half-year decline, while also giving Rivian market cap management tricks: do everything possible to rely on AI.

Rivian is considered one of the few electric car manufacturers that is close to Tesla in terms of operating system/software technology and design, and its software is highly likely to be closely related to the hottest global investment theme of AI at present.

Zhitong Finance11minutes ago

Nvidia Downgrade By Pierre Ferragu's Newstreet Countered By Dan Ives: 'Cannot Disagree More...'

Wedbush analyst Dan Ives has strongly opposed a recent downgrade of Nvidia Corp. (NASDAQ:NVDA) by New Street Research, citing the AI revolution as a key factor.What Happened: Ives expressed his disagr

Benzinga11:33

Under heavy pressure from the global slowdown in the electric autos market, LG's new energy fund's profits plummeted 58%.

The continuous slowdown in sales of electric cars has had a significant impact on the performance of LG new energy fund, causing its second-quarter profit to fall short of analyst expectations.

Zhitong Finance11:32

Huaxing Securities upgraded its rating of Tesla (TSLA.US) to "buy" and raised its target price to $282.13.

Huaxing Securities' report states that Tesla's (TSLA.US) second-quarter electric vehicle delivery and energy storage installation exceeded expectations. The company's second-quarter delivery volume reached 443,956 vehicles, a 4.8% year-on-year decrease, and a 14.8% quarter-on-quarter increase. Model 3/Y accounted for 422,405 deliveries, and other models accounted for 21,551 deliveries, exceeding expectations of Huaxing and the market. Huaxing Securities believes that with the recovery of sales of existing models and the release of new models next year, the underlying fundamentals of Tesla's electric vehicle business are continuing to improve; at the same time, new products such as FSD, Robotaxi, and robotics are being developed.

AASTOCKS11:13

Elon Musk denies intentionally delaying the disclosure of Twitter shareholding information and hopes the court will dismiss the lawsuit.

On July 8th, according to Reuters, Tesla CEO Musk hopes to dismiss a lawsuit brought by a former shareholder of Twitter, which accuses Musk of delaying the disclosure of his holding of a large amount of Twitter shares in early 2022. Investors involved in the class-action lawsuit said that Musk and his wealth manager, Jared Birchall, knew the rules of the U.S. Securities and Exchange Commission (SEC), which required Musk to disclose information about his holding of more than 5% of Twitter shares by March 24, 2022, but Musk delayed for 11 days. Investors said that this allowed Musk to sell shares at a lower price.

Gelonghui Finance10:41