Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan.Read More →
© Reuters. By Yasin Ebrahim Investing.com – The Nasdaq closed at record highs Tuesday, led by a surge in shares of Tesla (NASDAQ:) as the electric automaker continued its drive higher following its upbeat results last week showing record deliveries. The S&P 500 rose 1.5% to close at a recordRead More →
Reuters A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China December 30, 2019. A little over a year ago, when Tesla Inc. CEO Elon Musk publicly flirted with the idea of taking his companyRead More →
FRANKFURT (Reuters) – Tesla (O:) Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker’s planned factory in Germany, saying the plant would use less water than was estimated originally. The U.S. company had said in planning documents that the factory would need 372 cubic meters ofRead More →
Shares of Tesla Inc. spiked higher into record territory Friday, after the electric vehicle maker reported deliveries that rose above Wall Street’s expectations. The stock TSLA, +3.97% shot up 5.3% in recent morning trading to $452.86 a share, to reverse an earlier premarket pullback of as much as 2.0%. TheRead More →
Tesla Inc.’s “Cybertruck” may have drawn scoffs at its unveiling, and it is almost certainly not street legal, but the electric-car company still racked up nearly $19 million during the first three days of pre-orders. Tesla Chief Executive Elon Musk tweeted Saturday: “146k Cybertruck orders so far, with 42% choosingRead More →
For Tesla Inc.’s Cybertruck, beauty is in the eyes of the believers, while the rest wonder who is going to buy that thing beyond the hard-core fan base. Bullish financial analysts defended Tesla TSLA, -6.14% and its latest electric car concept Friday morning, saying that devoted fans will buy theRead More →
Few companies have attracted as much praise, derision, skepticism and enthusiasm as Telsa Motors and its founder Elon Musk. Having interviewed Elon Musk and the Tesla leadership as part of myresearch, one of the questions I’m asked most frequently is: how can you make sense of Tesla’s wild strategies? TheRead More →
Let’s go back in time to June 2008, when Apple introduced the iPhone 3G. Nokia then was the world’s largest phone maker. What we did not know at the time was that Nokia was actually the largest dumb phone maker and that Apple was about to become the largest smartphoneRead More →
Not all is good in EV Land. Nio, a Chinese electric-car manufacturer vying to become the next Tesla TSLA, -0.51%, has fallen on hard times. A perfect storm of reduced government subsidies, uncertainty brought on by the trade war with the U.S., as well as generally lower demand in ChinaRead More →
Catey Hill helps MarketWatch readers find retirement destinations that fit their specific wish lists. Most are looking for cheaper places to live. But now a reader with a net worth of $5 million wants someplace that isn’t stiflingly hot, has good health care and isn’t in California. She offered threeRead More →
BOSTON — A brand-new Tesla may be coming soon to your neighborhood. But it could be on top of your neighbors’ home, not parked in their driveway. Tesla Inc. TSLA, +9.49% Chief Executive Elon Musk on Friday unveiled the electric-car company’s new solar-paneled roofs and said he expects to beRead More →
By David Shepardson WASHINGTON (Reuters) – U.S. regulators said on Friday they were reviewing whether Tesla (NASDAQ:) Inc should have recalled 2,000 of its electric cars in May instead of issuing a software upgrade to fix a potential defect that could have resulted in battery fires. The U.S. National HighwayRead More →
A new Tesla model unveiling is around the corner, this time in the pickup category. A late-July tweet by Elon Musk, the company’s CEO, suggests it could happen as early as September. Musk claims the new Tesla TSLA, +2.30% electric pickup truck, dubbed “Model P,” will be “better” than theRead More →
Elon Musk’s boasts about the safety of Tesla’s vehicles earned him a slap on the wrist from U.S. regulators last year, newly released documents show. The National Highway Traffic Safety Administration sent the Tesla TSLA, +2.09% chief executive a cease-and-desist letter last October asking him to stop saying TeslasRead More →
Tesla Inc. Chief Executive Elon Musk is at odds with most in Silicon Valley and the automotive industry over a sensor technology that experts generally believe is a necessity for achieving full autonomous driving. Musk unveiled a new computer and custom chips for the company’s self-driving system at a TeslaRead More →
‘P.T. Musk’ That’s the nickname CNBC’s “Mad Money” host Jim Cramer, who some might describe as a bit of a carnival barker in his own right, recently bestowed upon Tesla TSLA, +0.22% chief executive Elon Musk. “I just keep finding it’s a three-ring circus with the guy. It’s kind ofRead More →
Just 10 days ago, Elon Musk said delivering new vehicles to customers before month’s end was the “primary priority” of every Tesla Inc. employee. So what was he doing touting a rap song and tweeting about emojis over the critical last weekend of the quarter? On Saturday, Musk dropped hisRead More →
Tesla Inc. unveiled the highly anticipated Model Y crossover SUV on Thursday night, which Chief Executive Elon Musk predicted would sell better than the Model S, Model X and Model 3 combined. Speaking to a crowd of fans at Tesla’s design center in Hawthorne, Calif., Musk touted the Model Y’sRead More →
Tesla Inc.’s newly revealed Model Y has failed to excite Wall Street, with some investors saying the unveiling of the crossover vehicle played out like an infomercial that sought to mask weaker Model 3 demand and a cash grab. Tesla TSLA, -5.01% shares lost 5% on Friday to close atRead More →
Almost the last thing the world needs is pundits feeding Elon Musk’s sense of grandiosity, but I’ll say it: Tesla’s Model Y, set to be revealed Thursday, may be the car that saves the world. Alas, Mr. Musk, it’s not because the first small SUV from Tesla TSLA, -2.60% andRead More →
© Reuters. FILE PHOTO: A SolarCity vehicle is shown in San Diego, California By Alexandria Sage SAN FRANCISCO (Reuters) – Tesla (NASDAQ:) Inc’s sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a declining business itRead More →
© Reuters. FILE PHOTO: A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt (Reuters) – Tesla (NASDAQ:) Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months afterRead More →
© Reuters. FILE PHOTO: Rows of new Tesla Model 3 electric vehicles are seen in Richmond, California. By Alexandria Sage SAN FRANCISCO (Reuters) – When Tesla (NASDAQ:) Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. The automakerRead More →
