The company website lists the starting price of the new long-range rear-wheel drive variant of the vehicle as $44,990, not including the federal tax credit of $7,500 available on the purchase of select electric vehicles.
Amazon's self-driving subsidiary Zoox is scaling up its presence in California as the autonomous vehicle race accelerates, potentially strengthening its position against domestic and international competitors.
At the start of the week, Goldman analysts and others told clients that Tesla's market share in China has remained stable, and the world's second-largest economy has recently overtaken the U.S. as Tesla's largest market.
Luxury electric car manufacturer Lucid (NASDAQ:LCID) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 36.1% year on year to $235 million. Its non-GAAP loss of $0.20 per share was 14.1% above analysts’ consensus estimates.
Goldman Sachs analyst maintains Neutral rating on Tesla with price target of $235, citing importance of leveraging FSD in China's large vehicle market.
