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Comedic legend Jay Leno recently drove around in a Tesla Inc (NASDAQ: TSLA) Cybertruck with CEO Elon Musk and the two talked about the car's production process on CNBC's "Jay Leno's Garage."Here is a summary of what Musk told Leno about the truck: * The final car is expected to be "better" than the production car. * The proportions are "pretty close" but the final truck needs to be 5% smaller to fit in a standard garage. * The windows is constructed with 30X cold-rolled stainless steel. * The car is bulletproof to a handgun because it's "badass" and "super cool."See Also: Elon Musk Talks About The Tesla Cybertruck Smash-Up: 'I Was Not Expecting That'What Does Leno Think?Leno's full drive with Musk will air Wednesday at 10 p.m. ET. The comedian is an avid car enthusiast and was waiting for the opportunity to see Musk's latest creation in person.Pickup truck buyers for the most part are "pretty conservative" in what they want in a truck, Leno says on the show. So it may be puzzling why Musk wants to sell a pickup truck that "doesn't look anything like a pickup truck."On the other hand, Musk is pushing the bar with a new car that "immediately makes pickup trucks look old-fashioned," Leno said.Stay tuned to find out what Leno thinks of the truck.See more from Benzinga * 2 Of Elon Musk's Houses May Actually Be For Sale: Here's Why * Tesla Is Still A 'Maximum Short' For Chanos(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Jim Cramer discusses the stock market today including the demand for Tesla cars, President Trump and Twitter, Disney World and holding Boeing stock.

The Chinese electric-vehicle maker saw demand rebound from China’s Covid-19 economic slump in April.

SpaceX is launching astronauts into space on Saturday. That’s a big deal for the country. But is it significant for Tesla stock?

In a surprise move, electric-car maker Tesla (NASDAQ: TSLA) cut the prices of some of vehicles by as much as 6% this week. While investors can't know for sure exactly what spurred the decision for the price decrease, it almost certainly reflected an effort to increase demand for its vehicles. Further, it's possible that price cuts also reflected improved manufacturing costs.

Dow Jones futures rose and Nasdaq futures fell as coronavirus stock market rally sector rotation continues. China OK'd a national security law for Hong Kong.

As we've seen recently, the Dow Jones Industrial Average (DJINDICES: ^DJI) had larger gains than the broader market, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) also managed to pick up ground. Among individual stocks, Tesla (NASDAQ: TSLA) shares were surprisingly little changed, even after the electric automaker announced a move that made some fear that vehicle demand could be weaker than previously believed. Tesla shares were up a fraction of a percent Wednesday following news overnight that the automaker had chosen to cut prices of some its vehicles.

What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading higher amid a broad-based rally on Wednesday afternoon, after a JPMorgan analyst upgraded the stock ahead of Thursday's earnings report.

Nio Inc. reported Thursday a narrower-than-expected loss and revenue that fell less than forecast, but the China-based electric vehicle maker's stock pulled back 2.2% in premarket trading after soaring 27.5% over the previous two sessions. The net loss narrowed to RMB1.72 billion ($243.3 million), or RMB1.66 a share, from RMB2.65 billion, or RMB2.56 a share, in the year-ago period. Excluding non-recurring items, the adjusted loss per share was RMB1.60, beating the FactSet loss consensus of RMB1.73. Total revenue fell 15.9% to RMB1.37 billion ($193.8 million), but was above the FactSet consensus of RMB1.29 billion. Vehicle sales declined 18.2% to RMB1,26 billion ($177.3 million), while vehicle margin was negative 7.2%. Compared with the sequential fourth quarter, vehicle total revenue dropped 51.8% and vehicle sales declined 53.2% as a result of the COVID-19 outbreak in China. Vehicles delivered fell to 3,838 from 3,989. For the second quarter, Nio expects to deliver between 9,500 and 10,000 vehicles. Revenue is expected to be between RMB3.37 billion ($475.7 million) and RMB3.53 billion, compared with the FactSet consensus of RMB2.71 billion. The stock has gained 1.0% over the past three months, while U.S. rival Tesla Inc. shares have run up 22.8% and the S&P 500 has tacked on 2.8%.

Sam Korus, an analyst at ARK invest, joined Yahoo Finance's Seana Smith, Myles Udland, Andy Serwer, and Rick Newman to discuss the postponed SpaceX launch and his outlook for the Space sector.

Tesla Inc. (NASDAQ: TSLA) has dominated the rise in electric vehicle sales in South Korea this year as of April, according to data from the Korea Automobile Manufacturers Association and the Korea Automobile Importers & Distributors Association.What Happened The Palo Alto-based automaker sold 4,075 cars in the country in April alone, according to the data earlier reported by Korea Bizwire. This compares with the 236 units Tesla sold in the same month last year.South Korean electric vehicles saw a 4.4% increase in sales at 10,161 units.Tesla also made up for a majority of imported electric vehicles in the country, and sales of other foreign companies declined.Nissan Motor Co. Ltd. (OTC: NSANY) electric vehicle sales dropped 60.6% year-on-year to 99 vehicles, and Bayerische Motoren Werke AG (OTC: BAMXF) sold 53 vehicles, down 3.6% YoY.Tesla was the third-largest importer of cars in South Korea overall, not just the electric vehicles, behind Mercedes-Benz's 15,400 units and BMW's 11,331, as noted earlier by the Korea Herald.The automaker saw increased sales following the launch of its Model 3 vehicles in November last year. The model's price starts at $26,000 in the country, including government subsidies, making it more affordable than the Model S and Model X versions that were available in the country earlier.Tesla Price Action Tesla shares closed 0.17% higher at $820.23 on Wednesday. The shares traded 0.7% lower at $814.40 in the after-hours session.See more from Benzinga * McDonald's Faces Class Action Over Lack Of Worker Protection Against Coronavirus * California Governor Believes Tesla Isn't Moving Out Of The State Anytime Soon * Panasonic To Resume Production At Tesla's New York Factory On Wednesday: Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tesla shareholders witnessed the power of Elon Musk’s personal brand Wednesday, even though a much-ballyhooed SpaceX launch didn’t go off as planned.

(Bloomberg) -- Tesla Inc.’s overnight price cuts suggest the coronavirus is putting a bigger damper on demand than has been reflected in the electric-car maker’s share price.The $5,000 reductions for the Model S and X and $2,000 cut for the Model 3 were an “acknowledgment that Tesla isn’t immune to material North American demand weakness,” Craig Irwin, an analyst at Roth Capital Partners, said in a report Wednesday.“With the stock trading in the stratosphere,” Irwin wrote, “the key question is, ‘Can Tesla continue to deliver an interesting growth rate in the U.S.?’”Credit Suisse’s Dan Levy said the discounts change the narrative around the company’s volume this quarter. Prior to the price cuts, investors were concerned demand would be limited by tight inventory. The company shut down production at its lone U.S. auto plant on March 23 and rushed to reopen the facility -- initially without local authorities’ permission -- in mid May.Chief Executive Officer Elon Musk tweeted at the beginning of the month that Tesla’s shares were trading too high in his view. While the tweet dragged down the stock on May 1, it advanced another 18% through Tuesday’s close. While analysts have speculated the company’s sales will hold up better than the broader industry, forecaster IHS Markit is projecting at least a 22% contraction in global auto deliveries this year.“Price cuts are likely tactical and aimed at supporting demand in the U.S. in the context of today’s pandemic,” Pierre Ferragu, the New Street Research analyst whose $1,100 price target for Tesla’s stock is the highest on Wall Street, wrote in a report. He said the Model 3, X and S “all have reached their full potential in the U.S.”Tesla erased earlier declines to trade up 0.2% to $820.66 as of 3 p.m. in New York. The stock has almost doubled this year.Read more: Costly Electric Vehicles Confront a Harsh Coronavirus Reality(Updates with New Street Research report in sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

The fortified alliance among Renault (RNLSY), Nissan (NSANY) and Mitsubishi focuses more on efficiency and competitiveness than on volumes.

If you’re attempting to day trade stocks, steer clear of these 7 rookie blunders, writes Michael Sincere.

SpaceX is slated to launch its first passengers into space Wednesday afternoon. Jim Cantrell, who was part of the founding team at SpaceX and currently the CEO and President of Phantom Space Corp, joins Yahoo FInance’s Zack Guzman to discuss.

Leno is one of the first people outside Tesla to try it out.

Tesla Inc (NASDAQ:TSLA) stock is down by about 2%, although one analyst boosted his price target, saying the China growth story alone is worth $300 for the shares. Wedbush analyst Daniel Ives boosted his price target from $600 to $800 per share in a report issued today. Back in business Ives said Tesla took a big […]

Space is becoming big business. And new technology is creating a new, investible space race. NASA would be a top 10 aerospace & defense company on its own.