Tesla unveiled more affordable versions of its best-selling Model Y SUV and Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition...
Continue ReadingUS equity indexes fell ahead of the close on Tuesday as investors cut exposure to consumer discretio...
Continue ReadingConsumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund...
Continue ReadingTesla (TSLA) finally revealed a stripped-down version of its Model Y dubbed the "Standard," and in a surprise move announced the Model 3 Standard well...
Continue ReadingTesla fell on the stock market today after releasing its Full Self-Driving product and announcing its new lower-priced models. The Nasdaq composite was the hardest hit of the major indexes with a 0.7% drop. The Nasdaq set a record high on Monday as did the S&P 500...
Continue ReadingInvesting.com -- Tesla launched a lower-priced version of its popular Model Y SUV on Tuesday, with a starting price of $39,990, reducing the entry point by $5,000 from its prior MSRP of $44,990. This move follows the expiration of $7,500 U.S. EV tax break at the end of last month, which effectively immediately raised prices for consumers...
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Continue ReadingInvestors speculate over new model or next-gen Roadster announcement...
Continue ReadingTesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales. The new Model Y, costing just under $40,000 with a stripped-down interior, follows a slump in Tesla sales covering most of the past year due to anti-Elon Musk boycotts targeting the company. Tesla stock fell more than 2.5% to $441.08 in late afternoon trading Tuesday...
Continue ReadingTesla stock was down 3.1% in afternoon trading after the lower-priced models showed up on Tesla’s website. That still puts shares roughly $10 above the level before Tesla teased the reveal at the beginning of the week...
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