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After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

After Tesla's stock slide, Magnificent Seven face tests to keep market's throne

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.

EV sales growth may be 'notably lower' in 2024: Tesla

EV sales growth may be 'notably lower' in 2024: Tesla

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.

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Tesla Faces Disappointment with Results, Share Drops 6% in Post-Market Trading

Thu, Jan 25, 2024

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

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Tesla boss Elon Musk quotes $1 bn to build commuter tunnel under Australia`s Blue Mountains

Tesla boss Elon Musk quotes $1 bn to build commuter tunnel under Australia`s Blue Mountains

Thu, Jan 17, 2019

Musk`s Boring Company is currently testing similar tunnel systems to ease congestion in Los Angeles, with a prototype stretch being completed late last year.

It might fly! 0 to 60 miles/hr in less than 2 secs - Elon Musk reveals how Tesla Roadster will look like

It might fly! 0 to 60 miles/hr in less than 2 secs - Elon Musk reveals how Tesla Roadster will look like

Thu, Jan 10, 2019

In his reply to a tweet about the 2022 Tesla Model S electric sedan on Thursday afternoon, Musk dropped a big hint about the new Roadster.

The new Bitcoin? Apple, Tesla, Facebook, Amazon, Netflix, Google in blockchain trade - Is this the next big thing in the crypto world?

The new Bitcoin? Apple, Tesla, Facebook, Amazon, Netflix, Google in blockchain trade - Is this the next big thing in the crypto world?

Tue, Jan 08, 2019

An exchange named as DX.Exchange is offering digital stocks apart from major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.

Tesla to break ground on Shanghai Gigafactory today, CEO Elon Musk says

Tesla to break ground on Shanghai Gigafactory today, CEO Elon Musk says

Mon, Jan 07, 2019

"Aiming to finish initial construction this summer, start Model 3 production end of year & reach high volume production next year," Musk wrote in a separate post on Twitter.

Tesla urges tariff exemption for Chinese-made car computer ''brain''

Tesla urges tariff exemption for Chinese-made car computer ''brain''

Sat, Jan 05, 2019

The Chinese-made computer, used by Tesla in the car assembled in Fremont, California, was among $16 billion in imports that were hit with 25 percent tariffs by the United States Trade Representative`s Office in 2018.

Bloodbath in Tesla shares after Model 3, Model S, Model X price cut, but Elon Musk eyes windfall

Bloodbath in Tesla shares after Model 3, Model S, Model X price cut, but Elon Musk eyes windfall

Thu, Jan 03, 2019

To partially absorb the reduction of the federal EV tax credit, Tesla trimmed down the price of Model S, Model X and Model 3 vehicles in the U.S. by $2,000.

Tesla shares dive after Model 3 delivery falls short of estimates, cuts prices

Tesla shares dive after Model 3 delivery falls short of estimates, cuts prices

Wed, Jan 02, 2019

Overall, total production rose 8 percent to 86,555 vehicles. The company produced 61,394 Model 3s, up from a total of 53,239 Model 3s in the third quarter, but showed no improvement on the 5,000 per week rate it finally achieved at the end of the third quarter.

A Tesla killer coming? This German dream e-car is amazing even though it does not look like it

A Tesla killer coming? This German dream e-car is amazing even though it does not look like it

Fri, Dec 21, 2018

In the midst of all these biggies, there is a new player that is looking to provide fierce competition directly to Tesla. This new startup is German-based e.Go Mobile AG whose founder aims to challenge Elon Musk’s company. Yes, akin to David vs Goliath type tale.

Elon Musk unveils underground tunnel prototype

Elon Musk unveils underground tunnel prototype

Thu, Dec 20, 2018

Tesla founder and CEO Elon Musk has unveiled a prototype of high-speed tunnel system to transport passengers in cabins or carry them in their own vehicles using car elevators -- a solution to ease urban traffic congestion.

Elon Musk led Tesla stock is new money making machine? Amazing, but looks more appealing than even Amazon, Apple

Elon Musk led Tesla stock is new money making machine? Amazing, but looks more appealing than even Amazon, Apple

Mon, Dec 17, 2018

Guess what! There is a new money making stock in town, and this time it is none other than Elon Musk led Tesla on which experts are quite optimistic. Not only this, Tesla looks quite more appealing than even Apple and Amazon.

Love your job? Tesla chief Elon Musk says change the world, work 100 HOURS a week, reveals formula; flags exponential pain

Love your job? Tesla chief Elon Musk says change the world, work 100 HOURS a week, reveals formula; flags exponential pain

Wed, Nov 28, 2018

Want to change the world? Well, according to Tesla chief Elon Musk, you will need to work at least 80 hours per week! Yes, you read that right! This is exactly what Tesla's chief executive officer (CEO) says in one of his tweets.

Billionaire Elon Musk replaced as Tesla chairman by this exec

Billionaire Elon Musk replaced as Tesla chairman by this exec

Thu, Nov 08, 2018

Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chairman, more than a month after the billionaire had to step down as the electric-car maker`s chairman as part of a settlement with U.S. regulators.

Tesla appoints Robyn Denholm to replace Musk as Chairman

Tesla appoints Robyn Denholm to replace Musk as Chairman

Thu, Nov 08, 2018

Electric car company Tesla on Thursday announced the appointment of Robyn Denholm, an executive at Australian firm Telstra, to become the Chair of the Tesla Board.

Tesla critic Citron Research makes U-turn ahead of results, says Model 3 sedan is "proven hit"

Tesla critic Citron Research makes U-turn ahead of results, says Model 3 sedan is "proven hit"

Wed, Oct 24, 2018

Chief Executive Elon Musk has promised a Model 3 ramp-up will help make Tesla profitable in the quarter, and has said the automaker should not have to sell more shares to raise cash. But a number of Wall Street analysts say the ramp-up, added to other production promises and debt obligations, make some sort of capital raise likely.

Tesla launches new $45,000 Model 3

Tesla launches new $45,000 Model 3

Fri, Oct 19, 2018

Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.

Tesla must defend lawsuit alleging abuse of foreign workers

Tesla must defend lawsuit alleging abuse of foreign workers

Wed, Oct 03, 2018

A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at one of its facilities were threatened with deportation if they reported an injury and worked long shifts that violated forced labour laws.

After smoking marijuana, Elon Musk rejigs top Tesla management

After smoking marijuana, Elon Musk rejigs top Tesla management

Sat, Sep 08, 2018

"As many of you know, Tesla`s Chief People Officer Gaby Toledano has been on leave for a few months to spend more time with her family and has decided to continue doing so for personal reasons," Musk added.

Tesla misses on Model 3 car production target: Report

Tesla misses on Model 3 car production target: Report

Tue, Sep 04, 2018

"Based on the same reliable source familiar with Tesla`s production, the automaker built about 6,400 vehicles during the last week (last seven days) of August (from 24th to 31st midday) including about 4,300 Model 3 vehicles," the report claimed.

Tesla wins court case against Ontario government over rebate cancellation

Tesla wins court case against Ontario government over rebate cancellation

Wed, Aug 29, 2018

A Canadian court has ruled in favour of Tesla Inc after the electric carmaker challenged the province of Ontario`s wind-down of an electric vehicle rebate.

Tesla's U-turn puts it back at square one on cash

Tesla's U-turn puts it back at square one on cash

Tue, Aug 28, 2018

Convertibles give owners the right to trade their debt for equity after shares rise over a certain price. They allow holders to benefit from a rising share price, while also offering bond-like protection if it falls.

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