Tesla Financial News

25.04 / 16:39

UPS Manufacturing Tesla Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana

Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles

25.04 / 07:35

markets UPS Manufacturing Strategy Tesla country reports Tesla’s India entry on ice: Musk yet to firm up plans for India

NEW DELHI : Is Tesla on its way to India, or not? Despite the Indian government's enthusiastic rollout of a new electric vehicle policy primarily aimed at attracting EV makers such as Tesla, the Elon Musk-led automaker has remained non-committal about its plans to enter the Indian market. In fact, Tesla has not conducted any significant studies or held detailed discussions with state governments in India yet, people familiar with the situation told Mint, signalling a lack of immediate intent to establish a manufacturing presence in the country.

25.04 / 03:17

markets Target Tesla Porsche Xiaomi show Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June

Xiaomi has locked in 75,723 orders for its sporty SU7 electric sedan as of April 24, and aims to deliver over 10,000 units in June, founder Lei Jun said on Thursday. The delivery target sets a record for an electric vehicle (EV) startup, Lei said during an event on the first media day of the Beijing auto show. The locked-in orders, which refer to those where buyers have opted for non-refundable deposits, have come less than one month into the launch of Xiaomi's first car in late March.

24.04 / 21:15

Software Parke Tesla Death reports Updates Investigations Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot

A Tesla that may have been operating on the company’s Autopilot driving system has hit and killed a motorcyclist near Seattle

24.04 / 21:15

UPS DOW Tesla reports How major US stock indexes fared Wednesday, 4/24/2024

U.S. stocks drifted to a mixed finish

24.04 / 20:35

Man Fox Tesla Death love reports Courts Tesla driver using autopilot mode charged with vehicular homicide in death of motorcyclist

A Tesla driver has been charged with vehicular homicide after a motorcyclist was struck and killed in Washington April 19, 2024, FOX 13 Seattle reports.

24.04 / 19:03

markets Manufacturing economy Tesla Trade performer reports Stock market today: Tesla soars as most of Wall Street drifts in mixed trading

U.S. stocks are drifting in mixed trading

24.04 / 19:03

UPS Tesla Trade Mattel reports Texas Instruments, Mattel rise; General Dynamics, Teledyne fall, Wednesday, 4/24/2024

Stocks that are trading heavily or have substantial price changes on Wednesday: Texas Instruments, Mattel rise; General Dynamics, Teledyne fall

24.04 / 12:55

markets UPS SUN Tesla War International China’s EV price war is just getting started

With a historic round of price cuts this month, Tesla, Li Auto and a host of others have extended China’s monthslong electric-vehicle price war into a new quarter. Some say the fight is just getting started. EV makers in the world’s biggest market for electric and hybrid vehicles have been cutting prices en masse since last year, when slowing sales and rising competition from upstarts forced a rethink of the playing field.

24.04 / 12:51

markets COST CEO Software Tesla Trade track Tesla jumps 10% in premarket as Musk's promise of 'more affordable' cars eases growth fears

Tesla shares surged about 10.5% in premarket trading on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales would rise this year and plans to roll out more affordable models in early 2025. Investors had been bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister.

24.04 / 05:23

COST UPS CEO Tesla Trade reports Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles

24.04 / 05:13

markets Citi FIVE Tesla Xiaomi show reports China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner

BEIJING — Chinese smartphone company Xiaomi's new electric vehicle is selling better than expected, putting it closer to break-even despite undercutting Tesla's Model 3 on price.

24.04 / 04:07

COST Manufacturing CEO Tesla reports Features Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of cheaper vehicles and Optimus robot to investors

Elon Musk makes multiple promises to investors, analysts for Tesla: Electric vehicle (EV) manufacturer Tesla saw its first-quarter net income plummet by 55 percent, in results released on April 23, AP reported. The stock has however soared 11 percent in after-trading hours after CEO Elon Musk announced plans to accelerate the production of new, more affordable vehicles, the report said. Notably, this boost comes amid a challenging year for Tesla, with its stock declining by over 40 percent since the beginning of the year.

24.04 / 02:39

markets UPS Platform Tesla Trade Cycling Meta Platforms reports Wall Street closes higher as investors digest earnings, megacap outlook

stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Its shares jumped 6% in extended hours trading.

24.04 / 02:39

markets COST Strategy Tesla reports symptoms Tesla's profit fell 55%, adding to concerns about its strategy

Tesla reported Tuesday that it made significantly less money in the first three months of the year because of its tepid car sales, reinforcing concern among investors that the company led by Elon Musk is losing ground in the market for electric vehicles. Profit fell 55%, to $1.1 billion, from the first quarter of 2023, the company said. And revenue fell 9%, to $21.3 billion.

24.04 / 02:39

markets UPS CEO Strategy Tesla War show Tesla to lay off over 6,000 employees in Texas, California, notices show

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker's strategy to combat slowing demand and falling margins. Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.

24.04 / 01:55

markets Tesla Trade performer track reports recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Tesla Q1 results to US PMI data

Sensex gained 89.83 points, or 0.12%, to close at 73,738.45, while the Nifty 50 settled 31.60 points, or 0.14%, higher at 22,368.00. “The domestic market exhibited range-bound performance, tracking positive global cues with sustained outperformance of the broader market. While tensions between Iran and Israel were perceived to have limited escalation, the uptick in crude prices suggests investors’ reassessing the risks.

23.04 / 19:35

Strategy Tesla pandemic performer 2020 reports rights Tesla drifting in ‘no man’s land’ after tanking 43%

Elon Musk is known to challenge the status quo — and that’s exactly what Tesla Inc.’s investors are worried about right now.

23.04 / 12:17

Target Tesla wellness trends Trade performer reports Tesla earnings preview: Another leg down for EV maker’s stock?

Today, the electric vehicle (EV) giant Tesla (NASDAQ:TSLA) is poised to release its earnings report, a crucial event that will shed light on the company's financial performance. With Tesla grappling with several challenges, the current sentiment for Tesla stock is not optimistic.

23.04 / 10:31

markets UPS DOW Tesla reports How major US stock indexes fared Monday, 4/22/2024

U.S. stocks have clawed back some of their losses from last week

23.04 / 10:09

COST Twitter FIVE Platform Tesla social reports Tesla cuts US prices for 3 of its electric vehicle models after a difficult week

Tesla knocked $2,000 off the prices of three of its five models in the U.S.

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