Tesla Inc. has been experiencing tremendous growth not only in its stock price, but also in its demand. The manufacturer can’t keep up with demand as it deals with supply chain issues and growing popularity. Due to this, Tesla has raised the price for the Model 3 and Model Y on its website by $1,000…
Tesla Once Again Raises Prices as Model Y Sells Out, Adds New Free Paint Color
Tesla’s Stock Makes History
Shares of Tesla Inc. made history Monday, but it might not be the good kind. The stock is very overbought. This means it has reached extremes above what would be its typical or average trading range. This is important because overbought stocks tend to sell off. The lower half of the below chart shows the…
Why Elon Musk Can’t Wrap His Head Around Tesla Stock’s Surge
Tesla Inc shares soared on Monday and CEO Elon Musk expressed surprise that the news around car rental company Hertz Global Holdings is driving the surge. What Happened Tesla shares jumped last week after the news that the maker of Model 3 and Model S electric vehicles has landed its biggest ever order from a…
Tesla ‘Drives’ the Market Upwards, Lifts Nasdaq to Record Territory
Technology heavyweights like Tesla and Meta Platforms contributed to record gains Monday on Nasdaq although restraint was shown by investors anticipating a tapering of the Federal Reserve’s $120 billion monthly bond buying program. Nasdaq Composite rose by 61.69 points (0.40 percent) at 15,560.08, the S&P 500 rose 1.95 points (0.04 percent) at 4,607.33 and Dow…
Futures Slip on Fed Angst; Tesla Slides After Record Run
November 2, 2021
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U.S. stock index futures slipped on Tuesday, pointing to a slight easing from record highs for Wall Street indexes as investors took to caution ahead of the Federal Reserve’s widely expected move to start tapering its monthly bond purchases. Major Wall Street lenders Bank of America Corp., Wells Fargo & Co., Goldman Sachs, Citigroup, and…
Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally
November 2, 2021
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Tesla Inc. top boss Elon Musk said the electric carmaker had not signed a contract with Hertz, more than a week after the car rental firm announced a massive deal with the electric car company. Tesla’s shares fell 5 percent to $1,146 in premarket trading, after a steep jump following the news of the biggest-ever…
Tesla Recalling Nearly 12,000 US Vehicles Over Software Communication Error
November 2, 2021
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WASHINGTON—Tesla Inc. is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the automatic emergency braking system, the National Highway Traffic Safety Administration said Tuesday. The California automaker said the recall of 11,704 Model S, X, 3 and Y vehicles was prompted…
Tesla Opens Charging Network to Other EVs for the First Time
Tesla Inc. is opening its charging network to other electric cars for the first time with a pilot program in the Netherlands, as the world’s most valuable carmaker looks to bring electric vehicles into the mainstream. The program will be tested at 10 locations in the Netherlands, the company said on Monday, adding that Dutch…
Watch Tesla’s New Sentry Mode Security Abilities in Action
Tesla Inc.’s sentry mode has been helpful in many cases, usually when the owner comes back to their vehicle and finds damage done while they were gone. The system allows the cameras surrounding a Tesla vehicle to record any events that happen when the owner is away. But now a new update leaked recently is already…
Current, Former Tesla Board Members Cash in on Stock Rally
October 30, 2021
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BANGALORE/SAN FRANCISCO—Tesla Inc. board member Ira Ehrenpreis sold shares of the electric carmaker worth more than $200 million on Wednesday, after the stock crossed the $1,000 mark for the first time to hit a record, according to filings. Antonio Gracias, a former Tesla board member whose term expired earlier this month, also filed his planned…
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