Tesla bull ARK makes big stock purchase, securing more than $12M

Tesla (NASDAQ: TSLA) bull ARK Invest purchased 69,329 shares of the automaker’s stock on Wednesday, securing more than $12 million of shares. The shares were purchased across two of ARK’s ETFs: ARKK, which is the firm’s Innovation ETF, and ARKW, its Next Generation Internet portfolio. 51,960 shares were added to the ARKK ETF, while an […]

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Tesla appears to be making gains after declaring a price war on rivals

Tesla’s price war against both electric vehicle makers and traditional automakers in the United States appears to be working. While it’s too early to tell which company will come out on top, there are signs Tesla is making some early gains. In January, Tesla rolled out an aggressive price reduction strategy across its entire lineup. […]

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Tesla Autopilot involvement suspected by US investigators in CA firetruck crash: report

An ill-fated 2014 Tesla Model S is suspected to be operating in Autopilot during a fatal crash last month in California, according to US investigators. The collision occurred when the all-electric sedan struck a fire truck, resulting in the driver’s death and critical injuries to a passenger. On Wednesday, the National Highway Traffic Safety Administration […]

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