Tag Archives: tesla

Yesterday, before the market closing, a milestone event took place. Tesla stock reached $420 per share, which made a new record height for the company. Besides, this jump brought Tesla’s market cap to more than $75 billion.Reacting to Tesla stock growth, the company’s founder Elon Musk tweeted:Whoa … the stock is so high lol— Elon Musk (@elonmusk) December 23, 2019It is notable that last year when the price was about $379.57 per share, Elon Musk stated he had a buyer that would take Tesla...

According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...

Tesla stock seems to be unstoppable in the last few days. At the time of writing, the stock just hit a record high, rising 2.39% to $402.67. This puts the company close to that $420 figure that costs its CEO Elon Musk $20 million in fines with the Securities and Exchange Commission (SEC). When the stock reaches $420, Musk said Tesla will go private.Since Tesla announced a surprise profit in the third quarter, the stock has been on a rise. It finally recovered from its problems caused mostly...

Automaker giant Tesla Inc. announced a price decrease for its Model 3 sedans that are built in China by 20% or more next year. Sources familiar with the situation told Bloomberg that Tesla hopes this move will attract new (and old) customers.However, it is not easy to just cut costs. Still, Tesla has an idea. It will try to bring it down by using more locally produced parts, allowing it to import fewer components and avoid tariffs in that way.New, lower prices might start at 355,800 yuan...

The German automaker Daimler AG’s brand Mercedes-Benz decided to postpone the presentation of its latest electric vehicle in the United States after the sales for electric SUVs by Audi and Jaguar came to be pretty disappointing.The introduction of the EQC crossover model, the first-ever electric SUV by Mercedes Benz, to the U.S. will probably happen in 2021, a year later than previously expected.As per the company’s official statement, Europe is the ever-growing market for the new model and...

Tesla is easily the most popular of the electric carmakers but also probably the most controversial one. There’s almost always some announcement or the other from Tesla CEO Elon Musk about a new offering or improved feature, many of which experts and analysts believe is too far-fetched or entirely ridiculous. Regardless, Tesla has still made an indelible mark in the auto scene and might be reaping the fruits of its labor especially as the Tesla (TSLA) company’s market cap has now crossed $60...

Google’s parent company Alphabet, has announced that it has added Nobel laureate Frances Arnold to its board of directors. Arnold who received 2018’s Nobel Prize in Chemistry, is now the third woman on the tech giant’s board.In a tweet posted yesterday by Alphabet CEO Sundar Pichai, Arnold will be bringing her “incredible academic and industry expertise with a career spanning chemistry, engineering, renewable energy and more,” to the company.I’m thrilled to welcome @francesarnold to the...

Usually, when analyzing stocks, Wall Street analysts are like a pack of wolves – agreeing on most of the stocks’ directions finding sort of an informal consensus on Wall Street among this crowd. However, there are always some stocks that separate analyst’s opinions. One of those is one of the most controversial these days – Tesla. For now, this stock has the widest gap from bottom to the top, according to different analysts.Even though in the year-to-date analysis it did grew slightly – from...

These days many of us are wondering what has inspired Tesla for creating its Cybertruck. And there is an answer.Perhaps you had the chance to watch some of the top shows about ‘blind auctions’, ‘storage wars’ etc. It’s mostly about people buying a storage unit without knowing what’s inside. Usually, it’s a bunch of crap, but sometimes, people find some crazy things inside – and very worthy as well. Be it as it may, back in 1989, a couple from New York bought such a unit for around $100. It...

After a first, well. we could gently say – shock, Tesla’s Cybertruck doesn’t stop being controversial in any sense. This week is obviously reserved for Musk & Co. boasting around Twitter of how great and wonderful their new vehicle is (except the window glass but that will be repaired – Elon promised). And it’s worth mentioning that Tesla stock reacts positively (but slightly) to all this noise around the company.The distinctive Tesla’s CEO Elon Musk said how the company’s forthcoming...