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Under Armour to Cut 3% of Workforce, Shares Jump
20 Sep, 2018
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..
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Tesla's Vice President of Finance Resigns
Tesla Inc.’s (NASDAQ: TSLA) Vice President of Worldwide Finance and Operations Justin McAnear will be resigning in early October, according to a statement CNBC obtained. This marks the third executive to leave the Company in just the past week..
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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 Inc. has extended $1.1 billion loan agreement
Tesla Inc. (NASDAQ: TSLA) has extended its $1.1 billion warehouse loan agreement. The loan meant to finance the innovative company’s growing inventory.Tesla wrote in the recent filing published:On August 16, 2018, certain subsidiaries of Tesla..
Cost to Insure Tesla’s Debt Increases
The amount investors are required to pay to assure their debt holdings in Tesla Inc. (NASDAQ: TSLA) against declining credit quality increased on Monday, to its second-highest price ever, meaning the Company is at a greater risk of default.On Friday..
Tesla Plan to Build Factory in China and Potential Dilemma
Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..
Tesla to Build a Plant in China
Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..
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