Tesla share price looks ripe for a breakout as the market forms a contracting triangle that may break either way....
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 share price has underperformed in 2021, as seen in the chart below. It peaked at $900 and consolidated in...
Tesla (NASD: TSLA) may be the pioneer of EV’s, but rivals are closing in on its market share. This could...
Tesla’s stock gained slightly ahead of the unveiling of a $174 billion electric vehicle plan by US President Joe Biden....
Tesla’s stock price looks set to open the week lower, as new details of the Tesla car crash of 5...
Elon Musk is having a bad year, and it may be about to get worse. The Tesla share price closed...
The Tesla share price decline is gathering pace. The automaker struggles to catch a break as it reports a -27%...
The Tesla share price is once again testing a key area of support ahead of its founder’s appearance on prime-time...
Tesla stocks are down this Monday after the company announced a delay in production at its German giga-factory by 6...
The Tesla share price (TSLA) was lower by $17 in Thursday’s trading session. Closing the day -2.5% lower, at $677...