Electric vehicles are cheaper than ever. That’s bad for EV ownersTesla cuts Model 3 prices in China, making them more affordable; Hertz sells part of its EV fleet and buys gasoline-powered vehicles instea...
Tesla shares drop on plant shutdown due to Red Sea attacksThe company reduced starting prices of the Model 3 sedan by 5.9% to 245,900 yuan ($34,300) and marked down the Model Y sport utility vehicl...
Hertz will sell electric cars after being burned by Tesla's price cutsThe decision by Hertz to sell one-third of its electric vehicle fleet due to rapid depreciation has raised concerns about the viability of ...
Explainer: Will Twitter layoffs violate U.S. law?Twitter Inc has begun laying off employees under its new owner, Elon Musk. The San Francisco-based social media giant is expected to termin...
Tesla rises back to over $1 tn valuation: ReportTesla's stock surged by 7 per cent, which is wild for a company that valuable. The stock has now settled past $1,000 a share, which gives i...
Tesla and Elon Musk’s rollercoaster 2021Tesla has had a mixed 2021, the company’s net worth is rising, making CEO Elon Musk the richest man on the planet, but it's also facing maj...
Elon Musk loses $50 billion in just 2 days as Tesla shares skidDespite the slump, Elon Musk’s fortune is still up 70% this year thanks to Tesla’s gains on the back of strong earnings growth and delivery...
How tweets by Tesla's Elon Musk have moved marketsIn September 2018, the U.S. Securities and Exchange Commission filed a lawsuit against Musk for fraud and sought to remove him from Tesla.
Tesla's Elon Musk downplays deal to supply cars to HertzThe Hertz announcement last week of an agreement for Tesla to supply the car rental firm with 100,000 of its electric autos helped push Mus...
Uber partners with Hertz to offer 50,000 Tesla rentals to US ride-hail driversUber drivers can rent a Tesla through Hertz starting on Nov. 1 in Los Angeles, San Francisco, San Diego and Washington DC, with the program...
General Motors to boost electric vehicle profile with 40,000 charging stations in US, CanadaThe company said on Tuesday it would expand home, workplace and public charging infrastructure through its Ultium Charge 360 ecosystem, add...
Tesla touches trillion-dollar mark as Electric Vehicles go mainstreamThe maker of the Model 3 sedan - the top-selling electric car worldwide - is now the second fastest company ever to reach this mark, taking...
Tesla's $1 trillion value a double bonanza for Elon MuskWith Tesla's stock at a record high close of $1,024.86, Elon Musk's 23% stake in the newly minted trillion-dollar company is now worth abou...
S&P 500, Dow close at new highs as Facebook starts heavy earnings weekTesla Inc jumped 12.66% to its own new high of $1,045.02 and breached $1 trillion in market capitalization, after car rental firm Hertz pla...
Tesla drives toward $1 trillion club on record Hertz orderTesla shares were up 7.5% at $978, hitting a new record high Monday, following the order. Shares were also buoyed by news of the company's ...
Hertz orders 100,000 Tesla electric autosThe car rental giant, which emerged from a bankruptcy reorganization earlier this year, said the electric vehicles (EV) would be available ...
A $26 billion truck company with zero revenue just surged 103%It’s forecasting zero revenue for 2020 and its first $1 billion year won’t be until 2023.