The Boring Company might have started as a lighthearted jest from Elon Musk’s Twitter sessions, but the tunneling startup is now tackling a very serious project. Just last week, it was selected as Chicago’s contractor for its upcoming high-speed downtown-O’Hare transport line. In a call to clients on Friday, a Berenberg analyst has stated that […]
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Tesla CEO Elon Musk has purchased more than $25 million, or 70,000 shares of company stock, as the Silicon Valley electric car maker remains laser-focused on turning a profit in the second half of the year. Despite the meteoric rise of Tesla’s stock price in recent weeks – TSLA has risen nearly 9% and is […]
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It is currently not a good time to be Tesla (NASDAQ:TSLA) short-seller. According to financial analytics firm S3 Partners, Tesla shorts have been hit by more than $2 billion in mark-to-market losses so far this June, as the electric car and energy company rides a wave of optimism in the weeks leading up to the […]
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Tesla stock (NASDAQ:TSLA) continues to gain momentum in Monday’s intraday amid a vote of confidence from investment bank Berenberg, which maintained its price target of $500 per share and a “Buy” rating on the Elon Musk-led electric car and energy company. According to Berenberg’s analysts in a research note on Friday, despite the recovery of […]
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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 (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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