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Tesla Share Price in Free-Falling as Bitcoin Declines Over 20%

Tesla share price suffers from the sharp decline in the price of Bitcoin that started yesterday. At the moment of writing this article, Bitcoin trades at $48k; only last weekend it was as high as $58k. The move lower in the cryptocurrencies was triggered by Janet Yellen’s remarks that cryptocurrencies […]

Tesla Shares Drop As NTSB Faults EV Fire Prevention Guidelines

Tesla shares are down this Wednesday, as the stock takes a breather from recent price surges.  The National Transportation Safety Board’s recommendations regarding EVs fire protection guidelines are the key points for Tesla stock traders. NTSB has recommended that EV makers enhance their emergency response guidelines to potential fire outbreaks. […]

Tesla Hits New Record High; Makes Elon Musk A Lot Richer

Yesterday’s 7.94% gain on Tesla’s stock made Elon Musk the world’s richest man). The gap between Musk and Jeff Bezos (who saw his nearly three-year reign at the top of the Forbes richest list) has widened, as Tesla continued from where it stopped yesterday with another huge leap. Today’s move […]

Tesla Kicks Off 2021 On a High Note, As Sales In Norway

The latest data out of Norway for the Electric Vehicle (EV) market indicates that the Tesla Model 3 beat out VW’s ID.3 to become the highest selling EV model in that country in December. However, VW replaced Tesla as the top battery-powered car maker. Battery electric vehicles outsold conventional fossil-fuel […]

Tesla Shares Lower As Gigafactory Project Faces Legal Obstacles

There are indications that Tesla is being courted by officials in Teeside and Hartlepool for a possible shift in the location of the planned EV and battery gigafactory. Originally slated to be constructed in Grünheide, Germany, the project is now facing an uphill battle against environmentalists and a court order asking […]

Is Tesla On Course to Hit the $700 Price Mark Once More?

As EV maker Tesla unveils another $5billion share sale, interest in its stock continues to drive prices higher. Tesla’s share price may be down on the day, but this has not stopped interest in its stock cropping up in countries such as India, where Tesla plans an expansion move. The […]