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JP Morgan analyst Ryan Brinkman is reiterating his Sell rating on Tesla (TSLA) with a $145 price target, implying roughly 60% downside from the stock’s current trading level near $367. The call, circulated Monday in a research note flagged by Yahoo Finance anchor Brian Sozzi on X, lands four days after Tesla reported Q1 2026…
The national average price of gasoline in the United States crossed $4 per gallon on March 31, 2026, according to AAA data reported by CNBC, up 35% from $2.98 the day before the Iran war began on February 28. Diesel climbed to $5.45 per gallon, a 45% rise. Across the Atlantic, British drivers hit even…
Lucid Motors will enter the UK market in 2027, bringing the Lucid Cosmos midsize SUV as its first right-hand drive product, Autocar reported on April 3 following an interview with Lucid European president Lawrence Hamilton. The Cosmos will launch ahead of a second model called the Earth, an off-road-focused derivative planned for 2028. Neither the…
Lucid delivered 3,093 vehicles in Q1 2026, far below what’s needed to hit its 25,000–27,000 vehicle annual target. A Gravity seat defect caused a 29-day halt, but the guidance math was already tight.
California’s top ride-hailing regulator confirmed Tesla’s “Robotaxi” service holds only a limousine permit and is exempt from all autonomous vehicle reporting requirements.
A Reuters report published today describes the widening gap between what American EV shoppers want and what U.S. trade policy allows them to buy. With the average new car now costing $49,191 according to Kelley Blue Book — and hitting a record $50,326 in December — a growing share of buyers is eyeing Chinese models…
The Guardian’s Saturday analysis frames what’s happening in Western auto boardrooms with unusual bluntness: pulling back from electric vehicles while oil prices spike over the Iran war is, as one former industry chief puts it, a “profound strategic mistake.” The historical parallel is Detroit in the 1980s, when Japanese competitors ate the American industry’s lunch…
Elon Musk unveiled Tesla and SpaceX‘s “Terafab” chip manufacturing project on the night of March 21, 2026, at a theatrical event inside Austin’s defunct Seaholm Power Plant — light beams shooting into the sky, Texas Governor Greg Abbott in the audience — and walked away without giving a construction timeline or confirming how the estimated…
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