Tesla Inc. has instructed workers on Model Y and Cybertruck production lines at its Austin factory to stay home during Memorial Day week. This marks an unusually extended break as the automaker grapples with declining deliveries.
Texas Passes Laws Shielding Companies Like Tesla From Shareholder Lawsuits Amid Elon Musk's Pay Dispute
Texas lawmakers have passed legislation that significantly reduces the influence of small shareholders over corporations. This move is expected to provide a shield for companies like Tesla Inc. from legal challenges that have plagued them in Delaware.
Tesla Outmaneuvers Tank: Backfired Stunt Turns Into Unintended Sales Boost
A recent attempt by a political action group to demonstrate its disdain for Tesla Inc. and its CEO Elon Musk has backfired, inadvertently showcasing the durability of Tesla’s vehicles. The group, seeking to criticize Musk’s increased role in politics, targeted Tesla with a dramatic stunt involving a Sherman tank and a Tesla Model 3.
Tesla Shares Defy Setbacks and Risks with Friday Gain
Tesla Inc shares surged higher by about 5% to $298.96 on Friday, driven by broader market optimism after the US signed a landmark trade agreement with the UK. The deal, which slashed tariffs on British cars and boosted Boeing aircraft orders, fueled investor confidence this week.
Elon Musk Critic's Employment Terminated by Tesla: Report
A 35-year-old Tesla employee, Matthew Labrot, has been terminated from his position at the company. The reason behind this decision is reportedly due to Labrot’s creation of a website criticizing Tesla’s CEO, Elon Musk.
Gary Black Reaffirms Tesla As Industry Leader In EVs And Autonomous Driving, With A Caveat
Investor Gary Black has reaffirmed Tesla’s position as a leader in the electric vehicle (EV) and autonomous driving industries. According to Black, Tesla is well-positioned to capitalize on the growing adoption of EVs and increasing demand for self-driving vehicles.
This Stock's 10-Year Return: A $100 Investment's Surprising Worth Today
Over the past 10 years, one stock has significantly outperformed the market, yielding an impressive average annual return of 33.19%. This stock has achieved an annualized return that surpasses the market by 22.79%, resulting in a substantial market capitalization of $914.14 billion.
Tesla's Bid to Trademark 'Robotaxi' and 'Cybercab' Hits Roadblock
Tesla Inc, a leading electric vehicle manufacturer, has faced a setback in its bid to trademark the terms “Robotaxi” and “Cybercab”. These terms have been used by the company to describe its new autonomous vehicles. However, the United States Patent and Trademark Office (USPTO) has rejected Tesla’s trademark request, citing that the terms are too generic to be trademarked.
Tesla Shares Climb on Market Confidence Despite Cybertruck and Trademark Challenges
Despite facing challenges with the Cybertruck and trademark issues, Tesla shares climbed 4.4% to $288.44 on Thursday. This increase was driven by broader market momentum following a landmark U.S.-U.K. trade deal that sparked investor optimism.
Tesla Ditches $16,000 Cybertruck Range Extender Amid Slowing US Sales
Tesla Inc. has announced that it will no longer sell the range extender battery pack for its Cybertruck, which was initially offered as an extra battery pack for $16,000 to achieve a range of over 500 miles.