Shares of Tesla jumped 3.9% this morning to $1,130, which gave the automaker a market value of $210 billion. It thereby finally surpassed Toyota, the formerly #1 most valuable automaker in the world, whose shares...
Elon Musk has steered his electric carmaker into new territory as the company, for the first time, is valued at more than $100 billion. How has Tesla surpassed Volkswagen which sells 30 times more cars?...
In typical Elon Musk style, he almost casually announced plans to build the European Tesla factory on the outskirts of Berlin. For German carmakers the plans have come just at the right time, says DW’s...
The Swedish startup has announced the German automaker will invest heavily in two new battery plants. The factories, located in Sweden and Germany, are intended to compete with Tesla and Asian suppliers. Northvolt, a Swedish...
CEO Elon Musk said that the electric car maker plans to cut roughly 3,000 jobs, prompting another sharp dip in share prices. Tesla is struggling in the US as the government rolls back a tax...
Tesla (TSLA) plunged $39 or 12.7% in late trading after the SEC announcedthat it had charged CEO Elon Musk with securities fraud “for a series of false and misleading tweets about a potential transaction to take...
Tesla CEO Elon Musk has unveiled a main source of funding for his go-private transaction, saying Saudi Arabia’s sovereign wealth fund has been pushing him to go ahead with a plan aimed at buying out...
Elon Musk has once again caused a whirlwind of speculation with a few tweets. Afterwards Tesla stock rose and trading was halted for around two hours. Only Donald Trump can move markets more. On Tuesday,...
The former Tesla employee, whom the US e-carmaker accuses of sabotage and stealing company secrets, has claimed he was sacked because he wanted to speak out about the company’s flawed production and resource waste. Former...
It is three times larger than the next biggest lithium-ion battery and can power up to 30,000 homes. Elon Musk has said it is “just the beginning.” Tesla activated the world’s biggest lithium-ion battery in Australia...
Tesla CEO Elon Musk has opened a new chapter in his book of visions as he unveiled a prototype electric big-rig truck that aims to throw Tesla into a new market even as it struggles...
