Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with Model 3 prices going up by as much as C$9,000 ($6,254.78).
An image of Elon Musk making a controversial salute during a speech on Monday was projected onto Tesla's Gigafactory in Berlin. The display featured Musk's gesture alongside the words "Heil Tesla." Newsweek reached out to Tesla's communications team for comment on Wednesday.
"I’m ending my lease two months early. When the Tesla rep asked why I’m not considering another Tesla, I said I’m sick of being associated with Elon."
In a lawsuit filed in California last month, the former legal consultant claims the company fired him for not returning to the office, disregarding his disability.
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Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
President Donald Trump is trying to halt the flow of funding for EV charging infrastructure from two programs that have benefited Tesla — the latest
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $358.81, with a high estimate of $550.00 and a low estimate of $24.86. Witnessing a positive shift, the current average has risen by 27.0% from the previous average price target of $282.53.
Tesla remains the “top buy-and-hold” stock for analysts at Piper Sandler, who massively raised their price target for the electric vehicle maker Monday.
The stock is not a buy at anywhere near $450 per share -- at least not until the financial fundamentals justify it.
Tesla has increased the prices of its entire vehicle lineup in Canada, with some models experiencing hikes of up to C$9,000 ($6,254.78). This move has sparked speculation about the impact of potential tariffs and supply chain challenges.