Tag TSLA

The automotive industry has invested heavily in the electric vehicle market in anticipation of rising demand. Read what investors need to know...

U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is adequate. The National Highway Traffic Safety Administration (NHTSA) said it was opening an investigation after identified concerns due to crash events after vehicles had the recalled software update installed "and results from preliminary NHTSA tests of remedied vehicles". NHTSA also cited Tesla's statement "that a portion of the remedy both requires the owner to opt in and allows a driver to readily reverse it."...

The Tesla growth story looks to be officially over...

Tesla needs to spend more on the graphic processing units Nvidia sells to develop the driverless car technology...

Tesla and Stellantis are two automakers that complement each other. Find out why I see both STLA and TSLA stocks as currently undervalued...

Tesla (NASDAQ:TSLA) surged after posting its Q1-2024 results. The stock rallied by 12% after its earnings were released and added an additional 5% the day after. Despite the notable two-day rally, shares are still down by more than 30% year-to-date. I am bearish on the stock and believe that its year-to-date trend is a better indicator of what’s to come than the stock’s recent post-earnings rally. The Earnings Report Was Not Great Tesla reported a 9% year-over-year revenue decline. That alone sh...

xAI, Elon Musk’s 10-month-old competitor to the AI phenom OpenAI, is raising $6 billion on a pre-money valuation of $18 billion, according to one trusted source close to the deal. The deal – which would give investors one quarter of the company – is expected to close in the next few weeks unless the terms of the deal change. The deal terms have changed once already. As of last weekend, Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billi...

Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — rather than springing for all-new models — follows the playbook of Tesla's old-school Detroit rivals, as some Tesla investors and analysts see it...

Drew Baglino, a Tesla veteran who resigned from the company's leadership team last week, sold about 1.1 million of his shares. an SEC filing showed...

Former Tesla executive Drew Baglino has sold shares worth around $181.5 million in the world's top EV maker, according to a SEC filing on Thursday. Baglino, a Tesla veteran who began his career as an engineer in 2006 and was one of four members, along with Elon Musk, on the company's leadership team. He resigned as senior vice president of powertrain and energy engineering from the company last week...