Cathie Wood is feeling the heat as her flagship fund languish. The Ark Innovation Fund (ARKK) stock price has retreated...
Tesla
Tesla is an American company that is world-renowned for its electric vehicles, autonomous driving technology, and clean energy products. It was founded by Marc Tarpenning and Martin Eberhard in July 2003 and was known as Tesla Motors in honor of Nikola Tesla, a renowned inventor.
If you are wondering when Elon Musk joined Tesla, he joined the company in February 2004 after making a $6.5 million investment in the company. The investment made Musk the company’s largest shareholder and earned him the chairman’s position.
Elon Musk took over the CEO role in 2008 and is credited with transforming it into a global leader in electric vehicles, autonomous driving, and clean energy. However, Musk has been associated with several controversies during his tenure as CEO.
Tesla started producing its first car, the Roadster, in 2009, with the Tesla Model S sedan entering production in 2012. Tesla Model X SUV entered production in 2015, the Model 3 car in 2017, and the Model Y crossover in 2020.
The Tesla Model 3 is its most popular electric vehicle and, in June 2021, became the first EV to cross the 1 million mark in sales worldwide.
The company has a cult-like following among investors who continue buying its shares and had a market valuation of $1.1 trillion in December 2021, making it the most valuable car manufacturer.
Tesla share price news
Tesla is being sued by JP Morgan for $162 million over previous comments from the founder about taking the company...
The Tesla share price is trading higher in premarket trading, following Monday's correction that was triggered by the outcome of the Twitter poll organized by Musk on whether to sell 10% of his Tesla stake or not.
The Tesla share price is down this Tuesday after CEO Elon Musk said he would sell some of his stake...
The Elon Musk net worth keeps growing. According to Bloomberg, Elon Musk’s net worth jumped by more than $24 billion...
Car-rental giant orders 100,000 EVs from Tesla with a 2022 delivery date. Order makes Tesla the most valuable tech company...
After spending a month trying to push past $730, on Monday, Tesla stock finally managed to achieve what it had...
The Tesla stock price cratered more than 5% yesterday before staging a late-day recovery. TSLA has now lost 9% in...
This Monday, the Tesla share price action opened steeply to the downside after U.S. auto safety regulators opened a formal...
Tesla share price fell this Tuesday after the company reported lower local EV sales monthly. Sales of EVs produced locally...