Tesla News Summarizes Shares Defend With Miracle Shelf Young
- Tesla, Inc. Employees Down 10.5%
Tesla’s 10-K report showed its global total of 125,665 employees as of Dec. 31, 2024, down 10.5% year-over-year. - Tesla Model 3, Singapore’s best-selling sedan
The Tesla Model 3 was counted as the most sold sedan in Singapore last year. - Piper Sandler Maintains $500 Target Stock
Piper Sandler analyst Alexander Porter kept Tesla Inc ($TSLA) price target at $500. He said Tesla had been impacted by lower prices due to inventory, but he did not backtrack on plans to launch new products in 2025 and expressed strong confidence in fully autonomous driving (FSD) software. - Truist Securities raises Tesla price target
Truist Securities analyst William Stein raised the price target for Tesla Inc ($TSLA) to $373, from $351 from the previous price. - Tesla Expects Over $11 Billion In Capital Expenditure In Future
Tesla said in a 10-K report that it expects capital expenditures to exceed $11 billion this year and over the next two fiscal years. Spending projections for 2026 range from $8 billion to $10 billion. - Tesla Autopilot Records Q4 Crash
Tesla reported one crash per 5.94 million miles in the fourth quarter of 2024. In contrast, the rate of crashes for vehicles without Autopilot was one for every 1.08 million miles.
*US average: 1 case per 702,000 miles - Trump warns of 25% tariffs on imports from Mexico and Canada
Former President Trump reaffirmed his existing position, warning that the U.S. would impose 25% tariffs on products imported from Mexico and Canada. - Amazon Expands X (formerly Twitter) Advertising Spending
Amazon is ramping up ad spending on X (formerly Twitter). It’s seen as a big turning point since it stopped most ads a year ago. Apple is also looking at testing ads on X recently. – WSJ - OpenAI discusses financing with $340 billion in enterprise value target
OpenAI has entered initial discussions to raise up to $40 billion. If the procurement goes through, the company’s value is expected to more than double to $340 billion from $157 billion. - Nissan slashes output and labor as sales slump
Nissan plans to cut production of two major models, citing weak sales, and reduce hourly labor at three factories in the Southeast region by up to 13%.