Tag: $Tesla

Tesla is expected to report second-quarter deliveries on Tuesday. For the second quarter, the most current Wall Street estimates point to about 420,000 cars delivered, down from some 466,000 delivered in the second quarter of 2023.

Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday.

Shares of Tesla popped in premarket trading, after Elon Musk said shareholders are set to approve his controversial $56 billion pay package and a resolution to move the electric carmaker’s incorporation to Texas.

Tesla on Thursday said it will likely increase the Europe prices of its Model 3 vehicle from July 1 after the European Union said it could impose provisional higher tariffs on electric cars imported from China.

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial $56 billion pay package.

Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data and a source.

Shares of Tesla rose sharply in U.S. premarket trading on Monday after the electric car maker passes a significant milestone to roll out its full self-driving technology in China.

Tesla reported a 9% drop in revenue in the first quarter, the steepest year-over-year decline since 2012.

Tesla reportedly cut the starting price of its Model 3 in China to 231,900 yuan ($32,000) on Sunday, a reduction of 14,000 yuan.

Tesla on Wednesday asked its shareholders to once again approve CEO Elon Musk’s record-breaking $56 billion pay that was set in 2018, but was rejected by a Delaware judge in January.

Tesla stock fell Monday as investors digested news about potential production problems and potential layoffs amid slowing growth for electric vehicles and rising geopolitical tensions.

Tesla stock briefly dived in midday trading Friday after Reuters reported the electric-vehicle company wouldn’t build the lower-priced all-electric vehicle Wall Street refers to as the Model 2.

Tesla will send a team to India this month to scout locations for an EV plant, estimated to be worth $2 billion to $3 billion, Financial Times reported on Wednesday.

Tesla stock was falling Friday amid more bad news from China that has investors worried about electric-vehicle demand —again.

Tesla stock was rising in early trading Wednesday as it hiked prices on more Model Y cars.

Shares of Tesla Inc. got a nice bump up Monday, after the electric-vehicle giant said it was raising prices on its lower-cost Model Y vehicles in the U.S.

Tesla stock was rising in early trading Monday, heading for an upbeat start to the week.

Brandenburg police told CNBC that the incident initially looked like arson and added that it is currently investigating who is responsible.

Tesla on Friday raised prices of certain Model Y vehicles in the United States by $1,000, according to its website.

Tesla upgraded the self-driving hardware on its Model Y car it sells in China, Elon Musk’s automaker said on WeChat on Thursday.