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Tag: Tesla


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Tesla Falls on Musk Cautioning Battery Output Is Years Away

September 22, 2020

Via: Transport Topics

Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years. Tesla shares fell as much as 6% and were down 5.2% at $425.97 as […]


Vehicles

Tesla’s Austin Site Plan Outlines Footprint for Huge Truck Factory

September 18, 2020

Via: Transport Topics

AUSTIN, Texas — Bulldozers and other construction equipment have been at work for weeks at the location of Tesla’s future $1.1 billion electric vehicle factory in southeast Travis County, but a site plan filed by the company is providing the […]


Vehicles

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

September 8, 2020

Via: Transport Topics

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise. Tesla shares fell as much as […]


Vehicles

Tesla to Sell up to $5 Billion of Shares After Stock Surge

September 1, 2020

Via: Transport Topics

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors. The Palo Alto, Calif.-based carmaker will sell the shares […]


Vehicles

GM to Double Down on China After Tesla Grabs EV Lead

August 19, 2020

Via: Transport Topics

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders. The Detroit-based carmaker outlined its technology rollout plan for […]


Vehicles

Tesla’s ‘Home-Run Quarter’ Leaves Even the Bears Praising Elon Musk

July 23, 2020

Via: Transport Topics

Tesla Inc. shares extended their meteoric gains in U.S. pre-market trading as even the most pessimistic analysts struggled to find faults in the electric-car maker’s quarterly earnings report. It was a “home-run quarter” for Elon Musk’s firm, according to Wedbush’s […]


Vehicles

Tesla Keeps China Growth Going With Record Registrations

July 17, 2020

Via: Transport Topics

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded. In June, 14,976 China-built Teslas were registered in the country, according to […]


Vehicles

Tesla Shares Continue to Soar

July 15, 2020

Via: Transport Topics

There’s no looking back for Tesla Inc. shares, even as their parabolic surge continues to confound market pundits. The market value of the electric vehicle maker has increased by more than the equivalent of Caterpillar Inc. in just the nine […]


Vehicles

Musk Says Tesla Is ‘Very Close’ to Developing Fully Autonomous Vehicles

July 9, 2020

Via: Transport Topics

Tesla Inc.’s Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he has made for years but been unable to achieve. The CEO has long […]


Vehicles

Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley

July 7, 2020

Via: Transport Topics

Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares. After better-than-expected delivery numbers in […]