Tesla has demonstrated exceptional performance over the past 15 years, outpacing the market by 34.55% on an annualized basis. This translates to an average annual return of 46.66%. With a current market capitalization of $1.44 trillion, Tesla’s growth is undoubtedly impressive.
Tesla's FSD Update Ignites Regulatory Concerns With Reckless 'Mad Max' Mode
Tesla Inc. has recently released an update to its Full Self-Driving (FSD) system, introducing a new mode called ‘Mad Max’. This update has raised concerns among regulators, particularly the National Highway Traffic Safety Administration (NHTSA), which is already investigating Tesla’s FSD system.
Elon Musk's Silence on Key Robotaxi Issue Expected Amid NHTSA FSD Investigation
Investor Gary Black, managing director of Future Fund LLC, predicts that Tesla Inc. CEO Elon Musk will not address key questions related to the Robotaxi during the company’s third-quarter earnings call. Black expressed his concerns on social media platform X, stating that investors were “bulled up” on Tesla ahead of the annual shareholder meeting and the earnings call. However, he remains uncertain about Musk’s response to the important question of when the safety monitor will be removed from robotaxis to achieve truly unsupervised autonomy.
Tesla Expands Insurance to New State After Three-Year Hiatus
Tesla Inc. is a leader in electric vehicle sales in the United States and has also ventured into new areas of growth, including insurance. Tesla offers insurance policies for its vehicle owners in certain states.
Delaware Supreme Court Asked to Reinstate Elon Musk's $56 Billion Compensation Package by Tesla
Tesla Inc. has requested the Delaware Supreme Court to reinstate CEO Elon Musk’s $56 billion pay package, which was previously struck down. The company’s lawyers argued that the shareholder vote to ratify the pay package was “the most informed stockholder vote in Delaware history.”
Norway Plans to Scale Back Electric Vehicle Tax Incentives, Threatening Tesla's Market Lead
Authorities in Norway have proposed revisions to the incentives offered on electric vehicles (EVs), which could potentially setback Tesla’s European goals. The country has been a significant market for Tesla, with the company having a strong presence there for over 12 years.
Tesla Sees 126% Sales Surge with 11,300 New Registrations in China
Tesla has reported a substantial increase in sales in the Chinese domestic market, marking a significant milestone in the company’s steady growth in the region. According to recent data, Elon Musk’s EV giant recorded 11,300 new insured registrations in China during the week of October 6 to October 12.
SpaceX and xAI to Acquire Unsold Tesla Cybertrucks
The Tesla Cybertruck, once expected to have demand in the millions, has failed to meet expectations. With a surplus of produced vehicles that are not being bought by consumers, Tesla has found a new solution.
Tesla Shares Surge: Uncovering the Reason Behind the Rally
Tesla Inc shares are experiencing a significant surge, with the company’s stock trading higher on Monday. This increase can be attributed to two primary factors: the raising of the price target by Evercore ISI and the reported increase in production at the company’s Shanghai facility.
Unpacking Market Sentiment through Tesla Options Trading
Deep-pocketed investors have adopted a bullish approach towards Tesla, and it’s something market players shouldn’t ignore. A recent analysis of public options records has unveiled a significant move in Tesla’s options trading.