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Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Inc. (NASDAQ: TSLA) shares edged lower on Tuesday after Chief Executive Officer Elon Musk tweeted late Monday night that the Company will have two of its vehicle color options at a special request for a higher price.“Moving 2 of 7 Tesla ..

Tesla cuts 9% of its workforce for profit

Tesla cuts 9% of its workforce for profit

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, in an email to employees, wrote “Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in th..

Daimlers Fight For Dominance in the Electric Car Buisness

Daimlers Fight For Dominance in the Electric Car Buisness

Feeling the heat from Elon Musks all-electric battery powered Tesla Inc (NASDAQ: TSLA) Semi’s revealed in November, German company Daimler (DAI), one of the worlds biggest truck-maker companies and best known for its Mercedes brand, has d..

Elon Musk Defends Unusual Conference Call

Elon Musk Defends Unusual Conference Call

After a strange and unusual conference call on Wednesday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk went to Twitter early Friday morning to defend his responses to analysts.Musk said that the questions asked by analysts represented short sellers and no..

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Inc. (NASDAQ: TSLA) reported its first quarter financial results and topped analysts’ estimates in both revenue and earnings, although net losses increased. Shares rose during after-hours on Wednesday, but shortly after Tesla CEO Elon Mu..

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Shares Rise on Elon Musk's Forecast of Profitability in Q3

Tesla Inc. (NASDAQ: TSLA) Elon Musk tweeted early Friday morning that he expects the company to be profitable and have cash flow in the third and fourth quarter this year. Tesla shares rose by 3.2 percent at the opening bell.“The Economis..