Tesla
Tesla Hits $500 Billion Mark; Musk Overtakes Gates
Spencer Platt/Getty Images
Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.
November 24, 2020Tesla Gets Green Light for S&P 500 Inclusion
Tesla said in its 2020 Q1 earnings report that it would delay production and deliveries of its Semi, seen here in a rendering, until 2021. (Tesla)
Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.
November 17, 2020Top Electric-Car Battery Maker Wins Approval for Company Split
SeongJoon Cho/Bloomberg News
South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.
October 30, 2020Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person
Elon Musk's wealth has more than quadrupled this year, the largest gain of anyone on Bloomberg's Billionaires Index. (Saul Martinez/Getty Images)
Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.
October 26, 2020Tesla Is Recalling About 30,000 Imported Vehicles in China
Tesla vehicles are unloaded from car carriers before being shipped from the Port of San Francisco in February 2019. (David Paul Morris/Bloomberg News)
Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.
October 23, 2020Tesla to Start Exporting China-Made Model 3 Cars to Europe
A woman walks past a Tesla car being charged in Beijing, China, in January 2019. (Ng Han Guan/Associated Press)
Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.
October 19, 2020Tesla Inches Near Annual Goal With Record Sales in Quarter
New Tesla vehicles sit on the dockside after being imported to the Port of Southampton in the United Kingdom. (Luke MacGregor/Bloomberg News)
Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.
October 2, 2020Tesla’s $25,000 Car Doesn’t Worry Biggest Rivals in China
(Andrey Rudakov/Bloomberg News)
Tesla Inc.’s plan to build a $25,000 car within the next three years doesn’t seem to have fazed China’s most-promising electric vehicle startups, with executives at the Beijing Auto Show saying Elon Musk can bring it on.
September 28, 2020Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years
Tesla CEO Elon Musk speaks from the stage during an outdoors shareholders meeting Sept. 22, 2020. (Tesla via YouTube)
Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.
September 22, 2020Tesla Falls on Musk Cautioning Battery Output Is Years Away
Tesla shares fell ahead of its Battery Day as Elon Musk tweeted to temper expectations. (Nina Riggio/Bloomberg News)
Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years.
September 22, 2020