Tag: $Tesla

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.

Elon Musk Picks Samsung for Tesla AI Chips. TSMC Stock Is Dropping.

Tesla has selected Samsung to manufacture some of its artificial-intelligence chips. The decision is moving a lot of stocks early Monday, including shares of the electric-vehicle maker.

Tesla reports sales miss as auto revenue drops for second straight quarter

Tesla reported a 16% decline in automotive revenue as sales fell for a second straight quarter and again trailed analysts’ estimates.

Musk says he does not support a merger between Tesla and xAI but backs investment

Elon Musk on Monday said he does not support a merger between xAI and Tesla, as questions swirl over the future relationship of the electric automaker and artificial intelligence company.

Tesla to officially launch in India with planned showroom opening

Tesla will open a showroom in Mumbai, India next week, marking the U.S. electric carmakers first official foray into the country.

Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

Tesla shares fell in premarket trade on Monday after CEO Elon Musk announced plans to form a new political party.

Tesla’s UK sales jump in June from a year earlier, data shows

Tesla’s (TSLA.O), new car sales in Britain rose year-on-year in June amid a broader recovery in the electric-vehicle market, data showed on Friday, as the U.S. auto maker started deliveries of its updated Model Y last month.

Trump suggests DOGE look at subsidies for Musk’s companies to save money

U.S. President Donald Trump suggested the government efficiency department should review the subsidies Tesla CEO Elon Musk’s companies have received in order to save money, reigniting a war of words between the world’s most powerful man and its richest.

BYD, XPeng, and NIO Deliveries Jump. Why Tesla Is Under Pressure.

Chinese electric-vehicle makers posted strong growth ahead of Tesla’s second-quarter deliveries.