Tag: $Tesla

Tesla is developing a new smaller, cheaper EV, sources say

Tesla (TSLA) is developing an all-new smaller, cheaper electric SUV, four people familiar with the matter told Reuters.

Tesla’s China-made EV sales rise for second straight quarter

Tesla’s China-made electric vehicle sales rose for a second consecutive quarter, holding up despite ​intensifying competition as the U.S. automaker broadened its ‌focus beyond EVs.

Musk’s Terafab Brings Tesla, SpaceX Convergence That Much Closer

On Saturday night, Tesla (TSLA) and SpaceX CEO Musk outlined a bold vision for vertically integrating chip production into his plans to create an artificial intelligence empire.

Exclusive: Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

Tesla (TSLA) is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies (300751) two people familiar with the matter said, ​as CEO Elon Musk aims to add 100 gigawatts of solar capacity in the United States.

Plant in U.S. It Can Boost the Slumping Stock.

Tesla (TSLA) has signed a supply agreement to build a $4.3 billion battery cell manufacturing plant, according to the U.S. government.

Samsung shares rise after Nvidia’s Huang flags tie-up on new AI chips

Shares of Samsung Electronics (5930) rose as much ​as 5% on Tuesday after Nvidia (NVDA) CEO Jensen Huang said ‌the South Korean company was producing Nvidia’s new artificial intelligence chips.

Tesla and Google Team Up to Lower Electricity Bills

Robo-taxi competitors Alphabet (GOOGL) and Tesla (TSLA) have teamed up to help lower electricity costs.

Tesla Stock Shrugs as Musk Launches Cheaper Cybertruck. There’s a Concern.

Tesla (TSLA) stock was flat after the company introduced a new version of its avant-garde Cybertruck.

Tesla tops estimates for quarter, but wraps up first annual revenue drop on record

Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 2% in extended trading.

Tesla quarterly deliveries seen falling as lack of tax credits, competition sap demand

Tesla (TSLA) deliveries were expected to fall in the fourth quarter, as the loss of U.S. tax credits and rising global competition sapped demand even as the company rolled out cheaper versions of its best-selling electric vehicles.

Tesla Stock Pops as Musk Talks Up Its AI Chips Business. Why It’s a Big Deal.

Tesla bulls see the company as a kind of tech conglomerate, making self-driving cars and energy storage systems, operating a large network of fast chargers in the U.S., and a small network of robo-taxis.

Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

Tesla (TSLA.O), CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says

Shareholders must vote to pay Tesla CEO Elon Musk almost $1 trillion, or he might not stay, Board Chair Robyn Denholm warned in a letter Monday.

Tesla reports revenue growth after two down quarters. Why the stock is falling

Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight periods of declines. However, earnings missed analyst estimates, pushing the stock down almost 5% in extended trading.

Tesla Reports Vehicle Deliveries on Thursday. What to Expect.

Tesla reports global electric-vehicle deliveries on Thursday, with the company trying to return its car business to growth for the first time in 2025.

Tesla shares gain after Elon Musk reveals $1 billion stock buy

Tesla shares jumped after CEO Elon Musk disclosed Monday his first purchase of the stock in the open market since February 2020.

Tesla’s nearly $1 trillion new pay plan for Musk would expand his voting power

Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday.

Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple

Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw a monthly surge, data released on Thursday showed.

Tesla slashes UK monthly payments as sales slump- The Times

Tesla Inc (NASDAQ:TSLA) is offering discounts of up to 40% to car leasing firms in the UK to shore up sliding sales, The Times reported on Monday, as Elon Musk’s electric vehicle maker grapples with a rapidly shrinking market share across the globe.

Tesla approves share award worth $29 billion to CEO Elon Musk

Tesla (TSLA.O), has granted 96 million new shares worth about $29 billion to CEO Elon Musk, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his original pay deal for being unfair to shareholders.