tsla

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's Vice President of Finance Resigns

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..

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 Inc. has extended $1.1 billion loan agreement

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

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 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 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..