|Bid||238.15 x 1100|
|Ask||238.12 x 1100|
|Day's Range||237.80 - 243.44|
|52 Week Range||101.81 - 299.29|
|Beta (5Y Monthly)||2.26|
|PE Ratio (TTM)||76.91|
|Earnings Date||Jan 23, 2024 - Jan 29, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||223.98|
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An analysis from the Washington Post showed that 8 fatal accidents that occurred with Tesla's (TSLA) autopilot features in its vehicles took place where they should not have been accessible, according to Tesla manuals. With recent questionable actions and comments from CEO Elon Musk, could this affect the company's outlook for 2024 and broader adoption of EVs? Colin Rusch, Oppenheimer Managing Director & Senior Research Analyst, joins Yahoo Finance to discuss the analysis and what it means for Tesla heading into next year. Rusch said,"As we move forward with this technology, I think it's part of a larger branding issue for Tesla, in terms of how they present themselves because they were seen as the leading company on bringing clean, safe vehicles to market, and now as the reality comes forward, there is a lot more going on here." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
As California's DMV accuses Tesla of false advertising, the carmaker says it has a 1st Amendment right to describe its vehicles as 'Full Self Driving.'
Rivian Automotive is looking to challenge Tesla, Ford and General Motors with its adventure-styled electric vehicles. RIVN shares surged the day after Tesla began initial deliveries of its Cybertruck, releasing pricing and specs on its website, as interest in electric-pickup trucks appears to be picking up. Rivian stock has advanced this month with Stifel analyst Stephen Gengaro on Dec. 6 initiating coverage on RIVN with a buy rating and a 23 price target.