Tesla

Evercore ISI warns that fund managers could carry out tax-driven selling ahead of the expected multibillion-dollar IPOs of Anthropic and OpenAI, putting already weak blue-chip stocks under pressure. In a screening analysis, Evercore named eight vulnerable names, including Tesla, IBM, American Express, McDonald's, Lowe's, Lululemon, DraftKings and Trade Desk. Tesla is down about 21% year-to-date and has seen earnings estimates cut by roughly 10% recently; Trade Desk and DraftKings have been hit particularly hard with much larger earnings revisions. Evercore views the IPO wave as a potential trigger for increased volatility and higher issuance volume, but notes there are no macro signals pointing to an end of the bull market. » Más en finanzen.net

Tesla will begin deliveries of the electric tractor-trailer Semi in Europe in 2027. Initially the standard version with about 550 kilometers of range and fast-charging capability of up to 60% in 30 minutes will be available. The electric truck is designed for a gross combination weight of 40 tonnes; larger battery variants with up to around 800 kilometers of range have been announced for the US. Series production started in April in Nevada, and initial deliveries in the US have already gone to customers such as Pepsico. » Más en kurier.at

Tesla registered a local subsidiary, Tesla Motors Vietnam, in Ho Chi Minh City with about $3 million in charter capital and authorization to import, distribute and sell vehicles, but has not disclosed a start date or sourcing plans. The move comes as Tesla's China BEV market share has fallen and domestic retail sales declined, while Shanghai production has increasingly been exported. Tesla will face strong local competition from VinFast and expanding Chinese manufacturers like BYD as it seeks growth in Southeast Asia. Traders are assigning mixed odds to Tesla's upcoming quarterly delivery targets, reflecting uncertainty in near-term global demand. » Más en finance.yahoo.com