Tag TSLA

The Tesla founder took out the money in October...

In the latest trading session, Tesla (TSLA) closed at $251.99, marking a -1.75% move from the previous day...

Three companies are creating a joint venture to produce battery cells for commercial electric vehicles in the United States. Cummins (CMI), Paccar (PCAR), Daimler (MBG.DE) have created a joint venture that will spend $2 to $3 billion to build a battery cell factory in a yet to be determined U.S. location. Yahoo Finance Senior Reporter Pras Subramanian breaks down the deal and discusses the growing EV investments in the United States...

Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show...

The key to investing success is being wrong a lot, says Rob Isbitts and Matthew Tuttle. Dead money, S&P 500 + NASDAQ risk, looking at gold miners and ETFs...

Exhibit "A" is a recent J.D. Power study noting EV owners are dissatisfied with both charging station availability and performance, with the numbers falling in alarming fashion. "The declining customer satisfaction scores for public charging should be concerning to automakers and, more broadly, to public charging stakeholders," said J.D. Power executive director Brent Gruber. EV owners are increasingly dissatisfied with the amount of time it takes to charge their vehicles as satisfaction with tier-2 charging stations decreased by 36 points year-over-year to 455 (out of a 1,000-point ranking system)...

A strike or new contract will raise labor costs for General Motors, Ford, and Stellantis, but even nonunion automakers such as Rivian and Tesla are facing increasing wages...