"Tesla" tag
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Bitcoin hits new record after $1.5 billion Tesla buy-in

Bitcoin has broken another price record, jumping nearly 15% on the news that Tesla has invested $1.5 billion in the cryptocurrency. The carmaker is also planning to accept Bitcoin as a means of payment.  The digital...

tesla

Tesla to join the S&P 500 in December

Tesla’s shares jumped by over 10% following the news that the electric car company will be added to the US leading S&P 500 stock index. The inclusion follows a snub in September. Tesla Inc’s shares were...

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Double-WTF Chart of the Year Update: Tesla Becomes Most Valuable Automaker, Blows by Toyota

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...

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Tesla’s rival Nikola to come up with heavy-duty truck of the future?

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Tesla zoom past Volkswagen to $100 billion

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?...

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Tesla’s Germany plans are no coincidence

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...

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VW enters partnership with Swedish battery maker Northvolt

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...

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Tesla announces it will lay off 7 percent of its workforce

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...

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SEC Socks it to Tesla CEO Musk, Shreds his Paper Halo

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...

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Musk reveals one driver behind taking-Tesla-private plan

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...

Tesla public or Tesla private. Which way forward?

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,...

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Tesla saboteur claims to be whistleblower

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...