Previous Close | 193.20 |
Open | 193.06 |
Bid | 198.40 x 0 |
Ask | 198.41 x 0 |
Day's Range | 192.01 - 198.88 |
52 Week Range | 140.40 - 251.33 |
Volume | |
Avg. Volume | 27,606,936 |
Market Cap | 873.121B |
Beta (5Y Monthly) | 0.92 |
PE Ratio (TTM) | 16.62 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 2.88 (1.49%) |
Ex-Dividend Date | Apr 30, 2024 |
1y Target Est | N/A |
Tesla (TSLA) aims to construct a new battery plant in Nevada using technology from Chinese battery manufacturer CATL (300750.SZ), Bloomberg reports. While the factory would utilize equipment from CATL, operations and management would remain fully in Tesla's control. Yahoo Finance Autos Reporter Pras Subramanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
The chair of the House Ways and Means Committee asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL . Republicans in Congress have been probing Ford Motor's planned $3.5 billion investment to build a battery plant in Michigan using technology from CATL, the world's largest battery maker. The panel's chair, Representative Jason Smith, asked Tesla CEO Elon Musk in a letter if the EV maker has contracts with CATL or is considering contracts.
Tesla's Model 3 finds itself eligible for the $7,500 U.S. tax credit on EVs. This news comes as Morgan Stanley analysts downgraded shares of Chinese battery maker CATL over concerns about how the U.S. EV tax credits could impact their business. Yahoo Finance automotive reporter Pras Subramanian breaks down how this news could impact EV pricing for American consumers.