Tesla Inc. is marking its 15th anniversary since its initial public offering (IPO) with a staggering surge in its stock value, now worth nearly 300 times more than its initial value. On June 29, 2010, Tesla generated around $150 million in revenue, primarily from its two-seat electric sports car, the Roadster. The Model S sedan, which would later target the premium vehicle market, was still two years away from launch.
Elon Musk Slams Trump's Megabill as 'Utterly Insane' and 'Destructive'
Elon Musk, CEO of Tesla Inc., has publicly criticized President Donald Trump’s One Big Beautiful Bill, calling it “utterly insane” and “destructive”. Musk’s criticism comes amid an ongoing public disagreement with President Trump, who supports the bill.
Tesla Fatal Crash Lawsuit to Proceed to Trial in July After Dismissal Bid Fails
A federal judge in Miami has ruled that a lawsuit against Tesla Inc. can proceed to trial. The lawsuit is related to a fatal car crash involving a Tesla Model S, equipped with Autopilot, that crashed into a parked Chevrolet Tahoe in Key Largo, Florida, in April 2019.
Elon Musk Responds to Tesla's Successful Autonomous Model Y Delivery from Factory to Customer's Home
Tesla Inc. has reached a significant milestone in autonomous driving technology, successfully completing its first fully autonomous delivery of a Model Y. The company’s CEO, Elon Musk, announced the achievement on social media, stating that the delivery was completed a day ahead of schedule.
Elon Musk Warns of Looming Population Collapse, Advocates for Having Three Children
Elon Musk is sounding the alarm on a potential population collapse, stating that having three children is necessary to prevent a societal collapse. The billionaire believes that individuals who have kids should aim to have at least three to counterbalance those who have zero or one child.
Tesla's Q2 Sales Plunge Amid Key Executive Departure
Investor Gary Black has shared his thoughts on the recent departure of Omead Afshar from Tesla Inc. Afshar’s exit comes as the company is experiencing declining sales.
Tesla's Robotaxi Poised to Revolutionize the Auto Industry, Piper Sandler Predicts, Contrary to Goldman's Reserved Outlook
The auto industry is on the cusp of a significant disruption with the launch of Tesla’s Robotaxi, according to investment firm Piper Sandler. This prediction is in stark contrast to Goldman Sachs’ more reserved outlook on the matter.
Tesla Shares Plummet on Wednesday: Understanding the Reasons Behind the Decline
Tesla Inc. shares are trading lower after the electric vehicle maker reported its fifth consecutive month of declining sales in the European market. This decline comes despite the broader electric vehicle segment growing by 27.2% in the region.
Gary Black Criticizes Tesla's Robotaxi Launch for Lack of Helpful Input
Investor Gary Black, managing director of Future Fund LLC, has expressed his disappointment with the lack of helpful input for Tesla’s Robotaxi launch in Austin. Black took to social media to voice his concerns, stating that there was a “stunning” lack of constructive criticism for the event.
Thomas Massie to Recode Debt Clock as Trump Tweet Tracker
Rep. Thomas Massie (R-Ky.) has announced plans to reprogram his debt clock badge to display the time elapsed since President Donald Trump last tweeted attacks against him. This move escalates their public feud over fiscal policy and Trump’s “Big Beautiful Bill.”