The Latest Breaking News from Tesla Inc.

The Tesla Giga Shanghai plant barely returned to volume production after several weeks of lockdowns, but must halt production once more.

Volkswagen Commercial Vehicles (part of the Volkswagen Group) has halted production of the Volkswagen ID. Buzz model in Hanover, Germany.

As the COVID-19 lockdowns come to an end, China is once again unlocking full speed of electrification.

Pipe down for a second Elon, the hottest things in the auto industry — the most electric electrics — now come from Hyundai Motor Co.

The overturning of Roe v. Wade Friday — and resulting end to a half-century of federal abortion rights in the U.S. — is expected to lead to the procedure becoming illegal or restricted in about half of states. 

Credit Suisse analyst Dan Levy maintained Tesla Inc (NASDAQ:TSLA) with an Outperform and cut the price target from $1,125 to $1,000 (37% upside). Levy expected Tesla's 2Q deliveries of 242,000, missing the consensus of ~280,000 due to the Shanghai COVID shutdown.  Moreover, given the lower delivery outlook, the associated margin impact, and an expected Bitcoin impairment, he…

Ford Credit has implemented the change in 37 states on June 15, with the remaining 13 states and D.C. to follow before the fourth quarter of 2022.

Reaction to the U.S. Supreme Court’s ruling Friday overturning the 1973 Roe v. Wade decision widened the partisan divide that has bifurcated the nation, with abortion-rights supporters bitterly denouncing the ruling while anti-abortion factions reacting with jollity that often bordered on sarcasm.

The two take up eight spots.