Tesla’s slide on the Nasdaq 100 index continued this Friday. This followed earlier comments by CEO Elon Musk said the company’s EV plant in Fremont, California had been closed for two days earlier this week as a result of shortages of parts. However, the factory has since reopened. Tesla suffered […]
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’s 4th quarter earnings fell short of market expectations, leading the stock to lose more than 8% on market open. However, Tesla’s share price has clawed back most of those losses but is still down more than 2.9% on the day as of the time of writing. Tesla’s revenues rose […]
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. […]
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 […]
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 are heading into a 2nd straight day of losses following Monday’s listing on the S&P 500 index. The listing could not have come at a worse time as the impact of the discovery of a mutant coronavirus strain in the UK rattled global markets into a selloff. Tesla […]
Tesla’s share price hit new record highs for its split stocks, ensuring that the company has recorded a price gain of more than 700% in the past year. Tesla has come out of the pandemic so strong, its owner is now the 2nd richest in the world after Amazon’s Jeff […]
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 […]
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 […]
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