U.S. Stock Exchange and Tesla News Summary Down Thanks to Trump
- Wedbush analyst cuts Tesla price target
Wedbush analyst @DivesTech announced a downgrade to $315 from $550 previously. Dan said despite the company’s bullish outlook on Tesla, the current situation suggests a significant challenge for Musk and could have an adverse impact on brand value. - U.S. Oil and Gas Association President Orders Tesla
The president of the American Oil and Gas Association is showing interest and demand for Tesla by ordering Tesla vehicles. - Tesla secures 4680 battery cost competitive edge
Tesla Cell Manufacturing Director Michael Guilfoy confirmed that the 4680 cell has become the cheapest battery per kWh. He further said that dry battery electrode manufacturing will be fully operational in 2025, further enhancing cost-effectiveness. - FSD end-to-end model, global expansion
Ashok said Tesla’s FSD end-to-end model is now successfully expanding in Europe after China. - Elon Musk hopes for U.S.-Europe zero tariff regime
Elon Musk said at an Italian League event that he hoped a zero tariff regime would be in place between the U.S. and Europe, creating a substantial free trade zone. - Tesla cancels Launch Series Model Y order
For the suspended Launch Series Model Y, Tesla has canceled orders in North America and is encouraging orders to switch to the new non-lunch series released yesterday. - Tesla car damage case, charges proceed
D.C. police announced that a former federal government employee and his wife, a Clean Energy nonprofit executive, have been charged with damaging eight Tesla vehicles in the Capitol Hill neighborhood. - Tesla removes Cybertruck range extensions online
Tesla has removed a $16,000 Cybertruck range expander from its online order configurator. The expander was aimed at a range of more than 445 miles, with production scheduled for mid-2025. - Starlink Gets Approval To Operate Bangladesh
SpaceX’s Starlink is expected to gain approval from the Bangladesh Investment and Development Authority (BIDA) to operate in Bangladesh, spurring the delivery of local services. - FCC considers easing Starlink regulations
The FCC is considering easing regulations on Starlink’s radio emissions, which SpaceX says are outdated and hampering the development of its satellite Internet service. - Nissan Considers Transition to Production in U.S
Nissan is considering transferring some domestic production of its vehicles exported to the United States into the United States. - Jaguar Land Rover Suspends U.S. Shipments
Jaguar Land Rover has announced it will suspend all shipments to the United States to respond to new trade terms following the imposition of tariffs.