Tesla has demonstrated exceptional performance over the past 15 years, outpacing the market by a substantial margin. With an average annual return of 42.1%, Tesla has achieved an annualized return of 29.95% above the market average. As of now, the company boasts a market capitalization of $1.34 trillion, underscoring its position as a market leader.
Elon Musk Claims Optimus Robot Will Help Alleviate Japan's Labor Shortage Crisis
Tesla Inc. CEO Elon Musk has shared that the company’s Optimus line of humanoid robots would benefit Japan, which is currently facing a labor shortage. Responding to a post on social media, Musk agreed with the idea that Optimus could help address Japan’s labor concerns.
Elon Musk's Boring Company Under Scrutiny After OSHA Meeting With Nevada Governor Disappears From Public Record
Records of a meeting between Elon Musk-led The Boring Co. officials and Nevada Governor Joe Lombardo‘s office have vanished from public record. The meeting was held to discuss Occupational Safety and Health Administration (OSHA) citations.
Ex-Tesla AI Director Andrej Karpathy Left Amazed by 'Flawless' FSD HW4 Drive, Draws Comparison to Magnetic Levitation Train
Former Tesla AI director, Andrej Karpathy, has expressed his amazement at the company’s Full Self-Driving (FSD) system, which he recently tested in his new Tesla Model X. Karpathy took to social media to share his experience, stating that the vehicle’s FSD system, powered by the HW4 hardware, drove “really, really well, smooth, confident, noticeably better” than what he was used to with the HW3 hardware.
Gary Black Criticizes Tesla Bulls Over Autonomy and Robot Claims Amid Declining Electric Vehicle Sales and Rising Valuation
Gary Black, Managing Director of Future Fund LLC, has expressed skepticism over Tesla’s shift towards autonomy and humanoid robots. Black believes that this move is a “fool’s narrative” given that over 70% of Tesla’s profits come from electric vehicles (EVs). He highlighted the decline in Tesla’s global volumes and questioned the justification for the company’s high valuation.
Unveiling the Authentic Elon: Andrew Sorkin Reflects on 2023 DealBook Summit Interview with Tesla's CEO
Author and journalist Andrew Sorkin reflects on his 2023 DealBook Summit interview with Tesla Inc. CEO Elon Musk. Sorkin aimed to showcase the true persona of Musk during their conversation, where the billionaire shared his thoughts on advertisers threatening to pull their ads from his social media platform X.
Tesla Becomes First Customer of Its Own Semi Trucks After Full Production Launch
Tesla Inc. has several new vehicles lined up for full-scale production in 2026, including the highly anticipated Tesla Semi. In a surprising move, the company has announced that it will be the first customer of its own Semi trucks once full production launches. This decision highlights Tesla’s commitment to sustainability and electrifying its supply chain.
Tesla's China Deliveries Plummet to Three-Year Low, Foreshadowing Potential First Annual Decline in 2025
After a record-breaking third quarter for electric vehicle sales, Tesla has reported a sharp decline in vehicle sales in China to start the fourth quarter.
Tesla Inc's Short Interest: A Recent Analysis
Tesla Inc’s short interest as a percent of float has fallen 5.3% since its last report. According to exchange reported data, there are now 72.69 million shares sold short, which is 2.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
Elon Musk Fires Back at Critics Over $1 Trillion Compensation Package
Elon Musk, CEO of Tesla Inc., has expressed his views on the company’s valuation and responded to critics in a recent post. The criticism stems from a $1 trillion compensation package approved by Tesla shareholders, which is contingent on achieving ambitious targets, including significant market capitalization and operational goals.