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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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After promise, Musk sells $1.1B in Tesla shares to pay taxes

After promise, Musk sells $1.1B in Tesla shares to pay taxes

Thu, Nov 11, 2021

After making a promise on Twitter, Tesla CEO Elon Musk has sold about 900,000 shares of the electric car maker's stock, netting over USD 1.1 billion that will go toward paying tax obligations for stock options.

Tesla shares fall 9% after Musk's Twitter poll backs stake sale

Tesla shares fall 9% after Musk's Twitter poll backs stake sale

Mon, Nov 08, 2021

Musk, the world`s richest person, tweeted on Saturday that he would offload 10% of his stock if users of the social media network approved the proposal.

Musk will sell Tesla stock if UN can prove it will ''solve world hunger''

Musk will sell Tesla stock if UN can prove it will ''solve world hunger''

Tue, Nov 02, 2021

Tesla and SpaceX CEO Elon Musk has said he is willing to sell his stock to help solve world hunger if a top United Nations official, who said that just 2 per cent of the entrepreneur`s income could help solve world hunger, can back up the claim.

Tesla opens charging network to other EVs for the first time

Tesla opens charging network to other EVs for the first time

Tue, Nov 02, 2021

Tesla Inc is opening its charging network to other electric cars for the first time with a pilot program in the Netherlands, as the world`s most valuable carmaker looks to bring electric vehicles into the mainstream.

Tesla recalls over 2,750 Model 3, Model Y vehicles over separating suspensions

Tesla recalls over 2,750 Model 3, Model Y vehicles over separating suspensions

Sat, Oct 30, 2021

Tesla is recalling 2,791 Model 3 and Model Y vehicles over concerns that their front suspension lateral link fasteners may loosen, potentially shifting the wheel alignment and increasing the risk of a crash.

Multibagger Opportunity! Indian investor own Tesla too, but in their portfolio: Experts

Multibagger Opportunity! Indian investor own Tesla too, but in their portfolio: Experts

Thu, Oct 28, 2021

Indian investors are not far behind in playing the global Electric Vehicle (EV) theme by including Tesla Inc in their portfolio which hit the $1 trillion in market capitalization mark earlier this week, suggest experts.

Tesla's $1 trillion value a double bonanza for Musk

Tesla's $1 trillion value a double bonanza for Musk

Tue, Oct 26, 2021

The surge in Tesla Inc`s stock market value beyond $1 trillion on Monday is a double bonanza for Chief Executive Elon Musk, the electric car maker`s largest shareholder.

Tesla's record Hertz order drives company toward $1 trillion club

Tesla's record Hertz order drives company toward $1 trillion club

Mon, Oct 25, 2021

Tesla shares opened up 4.5% at $950.53, a new record high, following the order. Shares were also buoyed by news of the company`s Model 3 becoming the first electric vehicle to top monthly sales of new cars in Europe

Niti Aayog Vice Chairman Rajiv Kumar urges Tesla to make electric cars in India

Niti Aayog Vice Chairman Rajiv Kumar urges Tesla to make electric cars in India

Thu, Oct 21, 2021

Earlier this month, Road Transport Minister Nitin Gadkari had also said he has asked Tesla several times to manufacture its electric vehicles in India, while assuring that all support will be provided by the government to the company

Tesla's Musk dials into Volkswagen executive conference

Tesla's Musk dials into Volkswagen executive conference

Mon, Oct 18, 2021

Tesla boss Elon Musk has addressed 200 Volkswagen executives via a video call after an invitation from the German carmaker`s CEO Herbert Diess, who wants to galvanise VW`s top brass for a faster pivot to electric vehicles.

Tesla to begin production at German Gigafactory by 2021 end: Elon Musk

Tesla to begin production at German Gigafactory by 2021 end: Elon Musk

Mon, Oct 11, 2021

Speaking at the "Giga-Fest" county fair style event, Elon Musk has announced that Tesla Gigafactory in Germany will start rolling out first vehicles by the end of 2021. The Berlin Gigafactory is facing several lawsuits by environmental groups.

Gadkari to Tesla: Don't sell China made electric cars in India, says EV manufactured by Tata Motors are no less

Gadkari to Tesla: Don't sell China made electric cars in India, says EV manufactured by Tata Motors are no less

Fri, Oct 08, 2021

Nitin Gadkari on Friday said he has asked US-based Tesla several times to manufacture its iconic electric vehicles in India, while assuring that all support will be provided by the government to the company.

Tesla ordered to pay over $130 million to Black former worker over racism -WSJ

Tesla ordered to pay over $130 million to Black former worker over racism -WSJ

Tue, Oct 05, 2021

A federal jury on Monday has ordered Tesla Inc to pay more than $130 million in damages to a Black former worker named Owen Diaz.

Nasdaq pressured by rising yields; Tesla, Merck limit declines

Nasdaq pressured by rising yields; Tesla, Merck limit declines

Mon, Oct 04, 2021

High-flying companies including Apple Inc , Facebook Inc , Microsoft Corp, Alphabet Inc and Amazon.com Inc fell between 0.9% and 3.9%.

Tesla, Apple now target 2022 to bolster India manufacturing story

Tesla, Apple now target 2022 to bolster India manufacturing story

Tue, Sep 28, 2021

Both Elon Musk and Tim Cook had announced a big-bang entry into the country. Musk wanted his electric cars to run on the domestic roads while Cook announced to open first branded retail store (in Mumbai), along with a thrust on assembling/manufacturing more Apple products in the country.

Tesla could get over $1bn in German government funding for battery factory at Gigafactory Berlin: Report

Tesla could get over $1bn in German government funding for battery factory at Gigafactory Berlin: Report

Tue, Sep 07, 2021

After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project will also include a large battery cell factory, reports Electrek.

U.S. identifies 12th Tesla Autopilot car crash involving emergency vehicle

U.S. identifies 12th Tesla Autopilot car crash involving emergency vehicle

Sun, Sep 05, 2021

NHTSA said earlier it had reports of 17 injuries and one death in the 11 crashes. A December 2019 crash of a Tesla Model 3 left a passenger dead after the vehicle collided with a parked fire truck in Indiana

Tesla may release $25,000 electric car without a steering wheel in 2023: Elon Musk

Tesla may release $25,000 electric car without a steering wheel in 2023: Elon Musk

Sat, Sep 04, 2021

Tesla EV latest update: Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023.

Tesla Roadster: Check latest update from CEO Elon Musk

Tesla Roadster: Check latest update from CEO Elon Musk

Thu, Sep 02, 2021

Tesla's CEO Elon Musk has said that the upcoming Tesla Roadster "should ship in 2023".

Tesla Model S Plaid crashes during testing: Report

Tesla Model S Plaid crashes during testing: Report

Fri, Aug 27, 2021

A Tesla Model S Plaid crashed at the Nurburgring raceway in Germany.

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