815.87 -3.00 (-0.37%)
Pre-market: 8:12AM EDT
|Bid||818.25 x 1300|
|Ask||821.00 x 1000|
|Day's range||815.71 - 834.60|
|52-week range||176.99 - 968.99|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||N/A|
|Earnings date||22 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||532.88|
Tesla Inc has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease. Tesla also said its Supercharger quick-charging service will no longer be free to new customers of its Model S sedans and Model X sport utility vehicles (SUVs).
According to a Tuesday filing with the Securities and Exchange Commission (SEC), SpaceX's latest funding round was a smashing success. Elon Musk, the CEO of carmaker and solar energy provider Tesla (NASDAQ: TSLA), founded SpaceX in 2002. In March, SpaceX filings indicated it had raised $221.2 million in funding from 11 investors, in response to a $250 million offering.
What happened Shares of VectoIQ Acquisition (NASDAQ: VTIQ) were up on Tuesday, as the stock continued to gain momentum ahead of an expected merger with electric-semi maker Nikola Motor next month. As of 12:45 p.
A recent study by Raj Chetty and his Harvard colleagues for the National Bureau of Economic Research suggests that much of the decline in economic activity in US states was already happening before states shut down. Under these circumstances, Mr Musk’s decision to throw a juvenile tantrum towards state and local public health officials — who according to preliminary studies were responsible for saving thousands of lives — seems amazingly selfish.
When you think "clean energy," you probably picture rows and rows of solar panels, or maybe a wind farm or hydroelectric dam. Enter Clean Energy Fuels (NASDAQ: CLNE), which provides natural- and renewable-gas-based fuels for vehicles. The first thing you may be wondering is why anyone would even be interested in natural gas fuel when there's already plenty of oil-based diesel fuels around, not to mention green "biodiesel" options and zero-emission battery technology.
The first astronauts launched by SpaceX are breaking new ground for style with hip spacesuits, gull-wing Teslas and a sleek rocketship — all of it white with black trim. The color coordinating is thanks to Elon Musk, the driving force behind both SpaceX and Tesla, and a big fan of flash and science fiction. “It is really neat, and I think the biggest testament to that is my 10-year-old son telling me how cool I am now,” Hurley told The Associated Press.
In the days and weeks after Tesla CEO Elon Musk revealed the cybertruck — a post-apocalyptic inspired vehicle made of cold-rolled steel — there was a lot of speculation about whether it would be smaller once it actually made it to market. Production of the Cybertruck is still a long ways off.
Tesla Inc is seeking Chinese government approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, a document on the website of the Ministry of Industry and Information Technology showed. Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant. Tesla did not immediately respond to a request for comment.
Nearly a year ago, Todd Howard, the director of Bethesda Games, said that Fallout Shelter would be coming to Tesla displays. It arrived this week via the 2020.20 software update, which was first noted at driver's platform Teslascope. Fallout Shelter is the latest — and one of the more modern games — to join Tesla Arcade, an in-car feature that lets drivers play video games while the vehicle is parked.
Elsewhere on Friday: – On demand and debt traps. – Tesla’s Fremont factory’s dodgy environmental record. – The world’s most debt squeezed company is doing just fine . (WSJ, $) More from the Financial Times ...
After receiving clearance last week to reopen its factory in Fremont, California, Tesla (NASDAQ: TSLA) will allow workers who have concerns about the coronavirus to take unpaid leave through the end of the month, according to an internal memo initially reported on by Bloomberg News. According to the memo, which came from Tesla's North American HR chief, Valerie Capers Workman, the company's attendance policy will be reinstated at its Fremont factory starting this Friday. Tesla is reportedly allowing such employees to take unpaid leave through May 31 if they submit a signed form documenting their concerns.
In this case, Tesla (NASDAQ: TSLA) and Uber (NYSE: UBER) might be great stocks if you're looking for a big gain. Over the past four years, Tesla's compounded annual revenue growth rate was 57%. With its industry-leading position, Tesla is poised to capitalize on this expansion.
Tesla pushed local officials to reopen; now a Ford plant restart highlights the struggles manufacturers will have to address as production resumes.
Timely restocking of grocery store shelves is a physically demanding job. In Japan, a shrinking workforce and ageing population make that a growing challenge that has been exacerbated by the pandemic. Panasonic sees this as an opportunity.
Tulsa's iconic Golden Driller statue is joining the effort to lure automaker Tesla to build its new U.S. assembly plant in Oklahoma's second-largest city. The 75-foot tall, golden statue in the heart of the city is getting a makeover that includes a bright-red Tesla logo on its chest, a Tesla belt buckle and a mask to make the oil field worker resemble the company's CEO Elon Musk. City officials unveiled the new look at a press conference Wednesday afternoon at the Tulsa Expo Center, where dozens of Tesla electric cars were parked outside a building that hosted the international petroleum trade show for years.
General Motors (GM) aims to roll out the new million-mile EV battery, which is more advanced than its new Ultium battery that was unveiled in March.
A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO Elon Musk from using his personal Twitter account to disseminate information regarding the electric vehicle and solar panel manufacturer. Vice Chancellor Joseph Slights III ruled Tuesday that shareholder attorneys had not demonstrated a sufficient reason for him to allow the state court lawsuit to proceed. The SEC sought to hold Musk in contempt of court after he tweeted in February 2019 about Tesla’s vehicle production goal for the year.
Five years ago, for example, Tesla (NASDAQ: TSLA) set itself the goal of developing an electric car battery that lasts 1 million miles before it needs to be replaced, while General Motors (NYSE: GM) focused on getting its battery cost down below $100 per kilowatt-hour. To date, Tesla has been considered the company most likely to reach both of those goals first. As Reuters reports today, GM Executive Vice President Doug Parks has confirmed that GM is aiming to ratchet up the reliability on its new Ultium large-cell battery, to the point where it can claim 1 million miles in total lifespan, and the company is "almost there" on that goal.
As the electric-car maker's driver-assist software package moves closer to being truly full self-driving, the company is raising its price.
The auto industry has been hit particularly hard by the coronavirus pandemic: Automakers' factories were closed in many countries amid worldwide efforts to slow the spread of COVID-19, and electric-car maker Tesla (NASDAQ: TSLA) was no exception. After dealing with the relatively short shutdown of its Shanghai factory that began in February, the company was forced to shut down its Fremont, California, factory in March. Over the weekend, Tesla was given official permission from California's Alameda County to resume production in Fremont, according to the San Francisco Chronicle.