Tesla (NASDAQ:TSLA) short-sellers are down $1.1 billion in mark-to-market losses as TSLA stock rose 9.7% on Wednesday. The surge in the electric car and energy company’s shares comes on the heels of a successful 2018 Annual Shareholder Meeting, where CEO Elon Musk expressed an optimistic outlook in the Model 3’s production and Tesla Energy’s budding […]
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Tesla shares (NASDAQ:TSLA) are up 6.42% on Wednesday’s intraday, trading at $309.85 per share amid positive sentiments over the company’s capability to meet its Model 3 production targets for Q2 2018 and its growing energy business. During Tesla’s recently-held 2018 Annual Shareholder Meeting, Elon Musk revealed that the Model 3 line is currently producing a […]
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Tesla (NASDAQ:TSLA) is keeping Elon Musk as chairman of its board. During Tesla’s 2018 Annual Shareholders Meeting, which was held at the Computer History Museum in Mountain View, CA on Tuesday at 2:30 p.m. PST, shareholders ultimately decided to allow Musk to stay as both CEO and chairman of Tesla’s board of directors. The results […]
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Tesla debut a white Roadster, apparently a third prototype, to complement the red and midnight silver-colored versions of the car that have been revealed so far. The latest Roadster in stunning white was unveiled on Tuesday before the start of the 2018 annual shareholders meeting at the Computer History Museum in Mountain View, CA. Tesla’s […]
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Tesla CTO and co-founder JB Straubel recently revealed that the company’s energy division had hit a milestone — since 2015, Tesla has installed a worldwide total of 1 GWh worth of energy storage. Such a figure is almost half of the total energy storage installed across the world in 2017. “It’s at a scale now […]
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Tesla (NASDAQ:TSLA) is set to hold its 2018 Annual Shareholders Meeting at the Computer History Museum in Mountain View, CA on Tuesday. During the event, which is set to begin at 2:30 p.m. PST, shareholders are expected to hold a vote on a number of executive decisions that can affect the course of the company, […]
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Aerial photographs obtained by Teslarati have revealed that Tesla’s expansive new parking lot in Gigafactory 1 is practically complete. As seen in the latest images, which we obtained on June 1, Tesla is done overlaying its new lot with asphalt, and numerous electric posts now stand in the area. Tesla started moving the land north […]
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A German teardown company has stated that Tesla could make a profit with the Model 3. Speaking with German news agency WirtschaftsWoche, an engineer from the teardown firm stated that after analyzing and studying the vehicle, they concluded that the materials used in the Model 3 only cost around $18,000 per vehicle. Topped with an […]
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