Tag: Tesla

December 3, 2020

The automobile industry is undergoing a massive transition process in the past few years. And in recent days, it has gotten even faster and the future seems to be so good. Now, to be honest, this change must have been […]

November 24, 2020

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24. Shares […]

November 23, 2020

Workers at Tesla Inc.’s California vehicle factory are deemed essential and are not impacted by the state’s latest restrictions to curb a new surge in coronavirus infections, the California health department said on Friday. Tesla and local California officials in […]

November 9, 2020

President-elect Joe Biden presents a mixed bag for Tesla and other electric car-makers. On the pro side, Biden’s stated goals for clean energy and manufacturing could mean new government incentives for American manufacturers, especially electric vehicle makers. But stronger enforcement […]

October 22, 2020

Tesla doesn’t have to play the “zero-sum game” faced by traditional automakers that are struggling to catch up in the electric vehicle space, an analyst at Jefferies told CNBC Thursday. Billionaire Elon Musk’s car company on Wednesday posted its fifth […]

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 6, 2020

Tesla Inc. is in talks with BHP Group on a nickel deal as the electric vehicle maker targets higher production and seeks to avoid a supply crunch, according to people familiar with the matter. Talks are held up on pricing, […]

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

Baidu-backed Chinese electric vehicle EV startup WM Motor said Tuesday it has raised 10 billion yuan ($1.47 billion) in its latest funding round. Shares of EV makers, including Tesla Inc. and Nio Inc., have surged in recent months and automakers […]

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 […]