Tag: Tesla

February 18, 2021

The three most dependable auto brands in the U.S. are now Lexus, Porsche and Kia, according to a new J.D. Power study. The three least dependable are Jaguar, Alfa Romeo and Land Rover. Tesla, which was profiled for the first […]

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. […]

January 26, 2021

Tesla Inc. on Jan. 27 is widely expected to report its sixth consecutive quarterly profit — and potentially its first $1 billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 […]

January 7, 2021

Tesla Inc. customers in China wanting to get the new locally made Model Y are facing a longer wait, signaling strong initial demand for the Shanghai-built crossover. A basic version of the electric vehicle purchased now will be delivered in […]

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 […]