A trial over shareholder allegations that Tesla chief executive Elon Musk’s $56bn pay package was based on easy-to-achieve performance targets, and which investors were duped into approving, has begun, with Musk slated to take the […]
Tesla Inc shares have sunk to their lowest level in nearly two years after chief executive Elon Musk sold $3.95bn worth of shares in the electric-vehicle maker. The shares were down 6.1 percent at $179.66 […]
In a conference call with analysts, Elon Musk revealed that Tesla intends to begin the mass production of its new Cybertruck around the end of 2023, according to a report from Reuters. First unveiled in […]
Preliminary delivery numbers for Tesla coming out of China on Thursday morning show a sizeable dropoff in month-to-month numbers. Chinese press has reported that Tesla had preliminary deliveries of 71,704 vehicles in October compared to […]
Tesla and mining giant Glencore held talks earlier this year about an equity stake in the Swiss commodities group, according to Financial Times, speaking with two people familiar with the matter. The move would’ve allowed […]
Tesla has cut starter prices for its Model 3 and Model Y cars by as much as 9 percent in China, reversing a trend of increases across the industry amid signs of softening demand in […]
Shares of Tesla are down about 7% in the pre-market session after the company cut the price of some of its cars in China, drumming up concerns about demand just days after Musk said the […]
In an effort to gain more control over the supply chain for its electric vehicle batteries, Tesla Inc is moving ahead on its plans to construct a lithium refinery in Texas. In an earnings call […]
Tesla is lower by about 6% in pre-market trading on Thursday morning after the company missed on revenue estimates and continued to note vehicle delivery issues during its conference call. The stock whipsawed higher after […]
With the looming sale of Twitter playing out in the background (along the capital needs necessary to facilitate it coming due), we can’t say we’d be surprised by an “optimistic” spin on Tesla’s earnings this […]
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