Tesla Shares Slide On 1st Day On S&P 500Shares of the Bay Area-based electric carmaker fell more than 5% in early trading Monday, dipping along with the broader market because of concerns about a new variant of Covid-19 and some disappointment over the relatively small stimulus deal reached in Washington.
Wall Street Braces For Trading Surge As Tesla Enters S&P 500The market value of the electric car maker, led by Elon Musk, has soared to around $600 billion, making it the largest company ever to be added to the S&P 500.
COVID: Tesla's Elon Musk Joins Exodus From Bay Area; Moves From Silicon Valley To TexasTesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from California.
Fremont Police Say Tesla Patrol Car Pilot Program A Success, Plans To Add To Energy Efficient FleetPolice in Fremont have released the results of a pilot program involving a Tesla added to its fleet, saying the electric vehicle can withstand the rigors of police use, while requiring less maintenance.
Tesla Set To Join S&P 500 Index In DecemberBay Area electric car manufacturer Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global.
'Production And Logistics Hell' - Elon Musk Said Tesla Was Close To BankruptcyTesla has become the most valuable and (by some measures) the most profitable automaker in the world. But a short while ago, the Bay Area based manufacturer of electric vehicles nearly toppled into bankruptcy.
Tesla Posts Net Profit For 5th Straight QuarterTesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter.
Tesla Sales Surge In 3rd Quarter As Global Demand Picks Up SpeedBay Area electric vehicle maker Tesla's third-quarter sales jumped 44% as global demand for its vehicles outpaced that of most other automakers.
Citing Rolling Blackouts, EPA Chief Ridicules Newsom's Plan To Ban Sale Of Gas-Powered Cars By 2035On Monday, Wheeler sent Newsom a letter questioning how the state could add millions of electric vehicles despite having “a record of rolling blackouts.”
Uber Says It Will Offer US Rides Only In Electric Vehicles By 2030Uber plans to offer rides exclusively in electric vehicles by 2030 in US, Canadian and European cities, and be entirely free of emissions by 2040.
Elon Musk Becomes 4th Richest Person In The WorldElon Musk is worth $96 billion, making him the fourth-richest man in the world.