Tesla News Updates

BusinessTechnologyFuel

Tesla Shares Rally in Premarket Trading on 鈥楤uy the Dip鈥 Bounce

Shares in Tesla Inc. gained in U.S. premarket trading, indicating that investors are buying the dip following a four-day drop that erased the electric carmaker鈥檚 year-to-date gains.

February 24, 2021
BusinessFuelAutonomous

Tesla Stock Wipes Out Gains for the Year

Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

February 23, 2021
BusinessTechnologyAutonomous

Bitcoin Surges to Almost $45,000 After Tesla Discloses Purchase

Bitcoin surged to an all-time high after Tesla Inc. said it has invested $1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company.

February 8, 2021
GovernmentBusinessSafety

Tesla to Fix Touch Screens, Ending Spat With NHTSA

DETROIT 鈥 After initially refusing a request from U.S. safety regulators, Tesla has now agreed to recall about 135,000 vehicles because the large touch screens on the console can go dark.

February 2, 2021
BusinessAutonomous

Tesla Disappoints Wall Street With First Results as a Blue Chip

Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle 鈥 but more in tune with the S&P 500 heavyweight it has become.

January 27, 2021
BusinessTechnologyAutonomous

Tesla鈥檚 Autopilot Won鈥檛 Achieve Full Autonomy, Waymo CEO Says

Tesla Inc. has taken a misguided approach to developing fully autonomous cars and its 鈥渇ull self-driving鈥 system will fail to live up to its billing, the head of Alphabet Inc.鈥檚 Waymo told a German business magazine.

January 22, 2021
BusinessTechnologyFuelAutonomous

Tesla鈥檚 Elon Musk Debates How to Give Away World鈥檚 Biggest Fortune

Elon Musk is not only the world鈥檚 richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021
BusinessTechnologyAutonomous

Tesla鈥檚 Elon Musk Now World鈥檚 Richest Person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

January 7, 2021
BusinessTechnology

Rivian Is Close to Raising Funds at $25 Billion Valuation

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter.

January 5, 2021
BusinessTechnologyFuelAutonomous

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

December 21, 2020