Tag: Tesla shares

January 25, 2023

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup. The Austin, Texas-based company reported adjusted earnings of $1.19 a share, besting the $1.12 a […]

January 20, 2023

Late last year, after a wave of news reports pointing to sagging demand for his company’s vehicles, Tesla Inc. Chief Executive Elon Musk sold almost $3.6 billion of his shares in the electric-car maker. On Jan. 2, Tesla announced fourth-quarter […]

March 9, 2021

Tesla Inc. shares rebounded March 9 after a five-day losing streak wiped out about $149 billion from the company’s valuation. A steady stream of positive news — including an upgrade from a Wall Street analyst, a rally in the cryptocurrency […]

February 11, 2021

Kimbal Musk, brother of Tesla CEO Elon Musk, sold 30,000 shares of the electric car maker this month for roughly $25.6 million, according to a securities filing. The younger Musk is a member of the board at the pioneering automaker. […]

October 14, 2020

Billionaire investor Ron Baron believes Tesla, whose shares have surged more than 400% this year, will be a $2 trillion company. Baron, a longstanding Tesla shareholder, said Wednesday morning on CNBC’s “Squawk Box” that he believes Tesla’s vehicle sales will […]

October 2, 2020

Tesla said Friday it delivered 139,300 vehicles in the third quarter, and produced 145,036 vehicles. As of Wednesday, analysts expected Tesla to report deliveries of 137,000 vehicles over the last three months, according to a consensus of analysts surveyed by […]

September 22, 2020

Tesla shares sank more than 4% Tuesday morning after CEO Elon Musk sought to manage expectations ahead of the electric carmaker’s Battery Day presentation. Musk’s company is expected to announce on Tuesday details about a new type of battery cell […]

September 9, 2020

Tesla may be down 30% in the past week, but don’t count the stock out, says Ascent Wealth Partners managing director Todd Gordon. The value of the stock, a frequent focus in the bull-bear debate, depends on how an investor […]

August 4, 2020

Two electric vehicle stocks are catching up to Tesla. Nio and Nikola shares have been speeding higher. Both have kept up to Tesla’s more than 200% rally in 2020. Nikola surged another 22% on Monday after catching a buy rating […]

June 30, 2020

Tesla just hit a major milestone. The electric vehicle maker turned 10 years old as a publicly traded company on Monday, a stretch in which it rallied from its IPO price of $17 a share to over $1,000. Just this […]

June 9, 2020

Billionaire investor Ron Baron believes there’s still plenty of room for growth for Elon Musk’s Tesla and SpaceX companies. Baron said Tuesday morning on “Squawk Box” that he believes “there’s 10 times more to go” with Tesla. He also said […]

February 13, 2020

Tesla shares slid after the electric automaker said it plans a $2 billion common stock offering, just two weeks after CEO Elon Musk said it would not take advantage of its surging stock by raising more capital. Musk himself will […]

February 4, 2020

TOKYO/SEOUL (Reuters) – Shares of Tesla Inc surged 15% on Tuesday to hit the $900 mark, extending a stunning rally that has more than doubled the company’s market value since the start of the year as more investors bet on […]

January 29, 2020

Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report on Wednesday. Wall street is expecting […]

November 25, 2019

The new truck, made of stainless steel used in rockets and priced at $39,000 and above, failed to impress Wall Street last week after its “armored glass” windows shattered in a launch demonstration and analysts argued the design would not […]

June 26, 2019

Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go “all out” in the last few days of the month, CEO Elon Musk wrote in an internal memo. […]

May 8, 2019

(Reuters) – Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production. Tesla sold about $860 million […]

April 25, 2019

Elon Musk’s declarations that Tesla Inc. had entered an era of sustainable profits turned out to be premature, as the electric-car maker began the year with a $494 million loss and rekindled concerns about its cash. Tesla posted an adjusted […]

January 2, 2019

(Reuters) – Tesla Inc (TSLA.O) shares sank 7 percent on Wednesday after the electric car maker cut prices of its vehicles by $2,000 in the United States in response to the loss of a green tax credit and reported fourth […]

October 1, 2018

Tesla shares sank last week after the U.S. Securities and Exchange Commission accused Musk of securities fraud, opening up the prospect of a long-drawn out fight that could have seen Tesla lose its leader, undermine its ability to raise capital […]