Sun, Jan 28, 2024
Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost halved to 8.2 per cent from the year-earlier period. Tesla also warned that it expects slower sales growth this year, CNN reported.
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Thu, Jan 25, 2024
Tesla cautioned that the growth of its vehicle sales “may be notably lower” in 2024 as it prepares to launch a new vehicle platform for cheaper EVs.
Mixed trading in the US for the second consecutive day, S&P 500 made a new record for the fourth consecutive day, action in Nasdaq increased by 10% in NETFLIX, Nasdaq closed at a new record high. Action in other stocks also on the basis of results - Tesla's results disappointed, Tesla shares down 6% in post market trading. Strong results of IBM, shares up 8% in post market. GDP figures for Q4 and 2023 will be released in US today. gold at 1 week low
Sat, Nov 28, 2020
The U.S. National Highway Traffic Safety Administration (NHTSA) on Friday said it had opened a formal investigation into around 115,0000 Tesla vehicles over a front suspension safety issue.
Thu, Nov 26, 2020
Tesla has recalled over 9,500 Model X and Y SUVs built in 2015 and 2016 and that company has filed the recall with the US National Highway Traffic Safety Administration (NHTSA).
Tue, Nov 24, 2020
Tesla chief Elon Musk on Monday overtook Microsoft co-founder Bill Gates to becomes the second-richest person in the world. This came as the Musk's net worth soared $7.2 billion to $127.9 billion, driven by a surge in the company's shares.
Tue, Nov 17, 2020
Billionaire Elon Musk added $15 billion to his wealth in just two hours on Monday after his electric carmaker Tesla was named for inclusion in the S&P 500 index. After the latest increase in fortunes, Musk is the third-richest person in the world, according to Bloomberg.
Fri, Nov 06, 2020
Tesla Inc Chief Executive Officer Elon Musk made good on his promise to sell "Tesla Tequila" - two years after teasing the plan in a tweet, and the $250 bottles quickly flew off the virtual shelf.
Sat, Oct 31, 2020
Soon after the launch of the `Full Self Driving (FSD) set of features to a limited number of expert and careful drivers, the electric car maker Tesla has increased the price of the new option to $10,000 from $8,000.
Fri, Oct 23, 2020
India`s richest state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its Chief Executive Officer Elon Musk suggested entering the country next year.
Thu, Oct 22, 2020
The U.S. auto safety regulator on Thursday said it was closely watching Elon Musk led Tesla Inc`s release of a software version intended to allow its cars to drive themselves, saying it would not hesitate to take action to protect the public.
Sun, Oct 11, 2020
In February 2018, SpaceX launched its reusable heavy-lift launch vehicle -- Falcon Heavy for the first time along with a cherry-red Tesla Roadster with a mannequin called "Starman" behind the wheel
Wed, Oct 07, 2020
Tesla`s upcoming quarterly report could put another $3 billion (£2.32 billion) in Chief Executive Elon Musk`s pocket.
Sat, Oct 03, 2020
Electric-car maker Tesla has delivered a record 1,39,300 vehicles in the third quarter, beating the earlier estimates of 1,34,720 vehicles.
Fri, Oct 02, 2020
Tesla CEO Elon Musk said on Friday that the electric car maker is finally ready to enter the India market in 2021.
Tue, Sep 22, 2020
Tesla Inc Chief Executive Officer Elon Musk said on Monday improvements to be unveiled at the electric-car maker`s "Battery Day" event would not reach "serious high-volume production" until 2022, knocking its shares lower
Fri, Aug 28, 2020
The Palo Alto-based company said it delivered 90,650 vehicles in the June quarter. It achieved the feat despite its Fremont, California based factory was out of action owing to Covid-19 lockdown for most part of the quarter.
Fri, Aug 21, 2020
The stock has jumped 45% just since Aug. 11, when Tesla announced a five-for-one stock split, with shareholders of record on Aug. 21 receiving four additional shares for each share they own, distributed after the close of trading on Aug. 28.
Tue, Aug 18, 2020
Elon Musk is now within touching distance of Facebook chief Mark Zuckerberg, in terms of wealth. The outspoken entrepreneur is now the world’s fourth-richest person after Tesla Inc. shares surged 11% on Monday, closing at a record high and boosting Musk’s net worth by $7.8 billion.
Wed, Aug 12, 2020
Tesla Inc on Tuesday announced a five-for-one stock split, sending the electric carmaker`s recently high-flying shares up 7% in extended trade.
Tue, Jul 28, 2020
Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now`s it`s going on the offensive in the battery-powered market led by its US rival.
Wed, Jul 15, 2020
A central Texas county that includes Austin on Tuesday approved a plan to provide millions in tax subsidies to Tesla Inc if it builds a $1.1 billion vehicle factory in the area.
Tue, Jul 14, 2020
Tesla in public filings with Travis County said local and state tax incentives “serve a critical role” in getting the new factory under way and successfully compete against longstanding industry rivals. Tesla did not respond to requests for comment for this story.
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