Biden stimulus buzz may be waning, as the market rally had a healthy pullback. So did Tesla. Qualcomm and JPMorgan are near buy points.

Elon Musk has donated $5 million to educational platform Khan Academy.What Happened: Sal Khan, founder of Khan Academy, thanked Tesla Inc (NASDAQ: TSLA) founder Elon Musk for his donation, CNN has reported today.In a YouTube video, Sal Khan expressed his gratitude to Musk, who donated the money through the Musk Foundation.”This is going to allow us to accelerate all sorts of content. Our aspirations are all subjects — from kids to early stages of college,” Khan said in the video. “This will accelerate our science content, allow us to do more early learning, allow us to make the software and the practice that much more engaging.”Why It Matters: Khan Academy, founded in 2005, operates as a non-profit and provides free online education.The Musk Foundation was founded in 2002. It invests in projects working on science and engineering education, human space exploration research and safe artificial intelligence, according to its website.See more from Benzinga * Click here for options trades from Benzinga * Mixed Signals: Elon Musk Tweet About Messaging App Sends People Rushing To Buy Unrelated Stock * Crypto Market Update, Jan. 3: Ethereum Eyes k, Dogecoin Down 19%(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tesla Model YTesla Inc (NASDAQ: TSLA) is taking legal action againt a Chinese tech media outlet called PingWest that earlier reported of harsh working conditions and quality control problem at Tesla’s Shanghai Gigafactory.What Happened: Tesla reportedly has sent an “indictment” and other legal notices to PingWest over a report the outlet published on Dec. 25. The report, published in Chinese and English, claimed that workers toil under “sweatshop” conditions at the Shanghai factory, and that the company was cutting corners on quality to speed up production. Unnamed workers describe the plant is being low-tech and high-pressure, with bosses who are overly demanding — in other words, like a stereotypical Chinese factory.”PingWest has found that the insanely high production volume has not been the direct result of the technological advancement that Tesla is known for, but rather the same old high-intensity manual labor that still plagues many industries inside China,” PingWest reported.”Workers who spoke to PingWest said that in reality, Tesla’s Shanghai factory was not much different from other automotive plants they’ve worked at.”Today, the Global Times, a Chinese Communist Party-controlled tabloid, reports that Tesla sent PingWest an “indictment, a notice of responding to prosecution, as well as other affidavit.” Global Times cites a statement issued today by PingWest, formally known as Beijing PingWest Interact Technology Co.PingWest has until Feb. 8 to respond and says it will “actively cooperate” with Tesla’s lawsuit, Global Times reported.Words Followed By Action: Tesla earlier had threated this legal action. Tao Lin, Tesla China’s vice president for external affairs, called the PingWest report “outrageous” as soon as it came out and promised legal action would follow, according to CX Tech, a branch of the business publication Caixin. CX Tech also reported that the spat has led to rumors swirling online in China: “Some internet users [suggest] that He Xiaopeng, CEO of Tesla’s domestic rival Xpeng, holds a stake in the media outlet, an allegation denied by PingWest.”Why It Matters: China is a hugely important market for Tesla and partly why the stock price skyrocketed more than 700% in 2020.Wedbush Securities analyst Daniel Ives predicted in November that 40% of Tesla sales could come from China by 2022.And orders for the company’s Model Y, produced in Shanghai, reportedly ate up the full first quarter’s worth of supply within days, just after opening up a web page for orders at the start of the year.Photo courtesy of Tesla.See more from Benzinga * Click here for options trades from Benzinga * Tesla Searching For Director, Staff As It Plans To Set Up Design Studio In China: Reuters * World’s 4th Largest Automaker Set To Take Shape Monday(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tesla stock ticked higher after a price target increase from analysts at Wedbush. However, Wedbush analyst Daniel Ives maintained his Neutral rating on Tesla (TSLA) stock despite the price target increase. His new bullish scenario target stands at $1,250, a 25% increase. Tesla stock rises after Wedbush price target increase Wedbush’s new base price target for Tesla stock […]

* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The week’s bullish calls included the electric vehicle leader and a recovering retailer. * A ride-sharing company and a semiconductor maker were among the bearish calls.As the fourth-quarter earnings reporting season got underway last week, the major U.S. indexes lost a little ground. The Dow Jones industrial average concluded the week down about 1%, and the S&P 500 and Nasdaq retreated a little more.Of course, much of the attention during the week was focused on the political drama in Washington, D.C. The U.S. president became the first ever to be impeached twice, after the prior week’s chaos at the U.S. Capitol. Social media pulled the plug on the president and others who fomented the insurrection. The outgoing president also kept up the pressure on China, while the incoming president laid out a huge pandemic and economic recovery program.In corporate news, the U.S. Securities and Exchange Commission opened a probe into a petroleum giant, a semiconductor leader announced management changes, a casino owner and Republican megadonor passed away, and the Detroit Auto Show was canceled.Through it all, Benzinga continued to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.Bulls Tesla Inc (NASDAQ: TSLA) is not an auto company but rather a disruptive technology company. So says Shivdeep Dhaliwal’s “Tesla Reaching T Valuation In 2 Years? Here’s What Inspires Daniel Ives’ Optimistic Target.” Are U.S. political developments bullish for the Elon Musk-led company?Priya Nigam’s “Marathon Oil Gets Upgrade Due To Higher Oil Prices, More Cash Return To Shareholders” is focused on how Marathon Oil Corporation (NYSE: MRO) is likely to generate around $2 billion over the next couple of years.In Jayson Derrick’s “Baird Upgrades Walgreens Boots, Expects Turnaround Of ‘Train Wreck’ Performance,” see the several catalysts that could help turn around specialty retailer Walgreens Boots Alliance Inc (NASDAQ: WBA).”Nvidia’s Comprehensive Involvement In Gaming Market Continues Strong Demand: Rosenblatt” by Shanthi Rexaline examines how the competitive position of NVIDIA Corporation (NASDAQ: NVDA) in the gaming GPU market will only get better.In “Cantor Analyst Raises Aphria And Tilray Price Targets Amid Merger,” Jelena Martinovic discusses why the impending merger with Tilray Inc. (NASDAQ: TLRY) has overshadowed the recent disappointing quarterly results from Aphria Inc. (NASDAQ: APHA).For additional bullish calls of the past week, also have a look at the following: * Study: Investors Say Tesla, Apple And Microsoft Were 2020’s Top Stocks * Why KeyBanc Is Bullish On These 4 Casino StocksBears A Japanese tech investment giant has trimmed its stake in Uber Technologies Inc (NYSE: UBER), according to “SoftBank Dumps B Worth Of Uber Shares After Stock’s Rally” by Aditya Raghunath. See how much of the stake in the ride-sharing company remains and whether it is still the largest investment in the firm’s portfolio.Shanthi Rexaline’s “Why Intel’s CEO Transition Is A Negative For AMD: Analyst” argues that the “blue sky” scenario for Advanced Micro Devices, Inc. (NASDAQ: AMD) may start to crumble as its rival gets back on its feet. How much are AMD’s share gains in servers likely to moderate?In Chris Katje’s “Palantir Vulnerable With Valuation And Lockup Concerns, Citi Says,” see whether shares of software company Palantir Technologies Inc (NYSE: PLTR) have run too far. Plus, a large share lockup expires around the same time as the upcoming earnings report.”JPMorgan Says Hydrogen Stock Plug Power Trades At ‘Steep Price,’ Downgrades FuelCell Energy” by Jayson Derrick shows why the “compelling” path to $1.2 billion in sales by 2024 for Plug Power Inc (NASDAQ: PLUG) did not impress one top analyst.For more bearish takes, be sure to check out these posts: * Why Investment Strategist Ed Yardeni Is Worried About A Tech Stocks, Bitcoin-Led Market Meltdown * ‘You’re A Fool’ Who Will ‘Lose Everything’ If You Take On Debt To Invest In Crypto, Mark Cuban Says * How Did Retail Perform During The Holidays?At the time of this writing, the author had no position in the mentioned equities.Photo Courtesy of PixabayKeep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Click here for options trades from Benzinga * Barron’s Picks And Pans: Dividend Aristocrats, Alibaba, GameStop, Walmart And More * Notable Insider Buys Of The Past Week: Howard Hughes, Party City, Perrigo And More(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.