Elon Musk, chief executive officer of Space Exploration Technologies Corp. (SpaceX) and Tesla Inc., speaks during an event at the SpaceX launch facility in Cameron County, Texas, U.S., on Saturday, Sept. 28, 2019. Bronte Wittpenn | Bloomberg | Getty Images Tesla’s stock has piqued the interest of professional and retail traders alike as they try […]
Tag: Elon Musk
Tesla is under pressure to revitalize its solar and storage business
Elon Musk reveals prototypes of the Tesla Solar Roof on October 28, 2016 Tesla Even with a record fourth quarter for its solar energy and storage systems business, Tesla’s energy revenue declined by over $24 million in 2019, after several rounds of layoffs that started the prior year. The company is now under pressure to […]
Tesla offering $2 billion in common stock with Elon Musk buying
Tesla shares slid after the electric automaker said it plans a $2 billion common stock offering, just two weeks after CEO Elon Musk said the company would not take advantage of its surging stock to raise more capital. Musk himself will buy as much as $10 million of stock in this offering, while Tesla board member Larry Ellison […]
Tesla won’t raise capital, will focus on battery cost
Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters Tesla shares extended their rally on Wednesday, rising more than 11% after market hours following better-than-expected results for the last quarter of 2019. On an earnings call to discuss the […]
Cramer breaks down the rallies behind Tesla, Beyond Meat and Lululemon
CNBC’s Jim Cramer has been hammering home the difference between meaningless and meaningful gains on the stock market and on Monday laid out a basket of companies that are rising for good reason. “We don’t want to be in a situation where stocks keep roaring on the same old, same old information, so it’s a […]
CNBC’s Jim Cramer praises Elon Musk for making Teslas exciting
CNBC’s Jim Cramer extended high praise to Elon Musk on Monday, calling the Tesla CEO “the new face of an auto executive” and extolling the enjoyment of riding in one of the company’s electric vehicles. “Your car becomes an exciting, an exciting place to be,” Cramer said on “Squawk on the Street,” just after Monday’s […]
Elon Musk teases a new talking-car feature for Tesla
Tesla CEO Elon Musk’s vision for transportation now includes talking cars. Musk teased a new feature over the weekend that appears to enable Teslas to communicate with pedestrians. He said in a tweet that the feature will “soon” roll out, but he did not offer a specific timeline. In the clip Musk shared on Twitter, […]
