The electric carmaker plans to launch in India in 2021, but not until later in the year, CEO Elon Musk tweeted. Tesla Inc will come to India early next year, country’s transport minister Nitin Gadkari told national daily the Indian Express on
The Tesla CEO took to social media to respond to rumours Apple is developing its own self-driving electric car. Apple’s iCar followed a livestream of Tesla’s battery, with Mr Musk taking issue with some of the design choices for the rival company’s
In the middle of last year, Tesla’s losses were piling up, sales were not enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that Tesla would not be
The aerospace manufacturing company is in discussions with investors regarding a fundraising effort that is expected to end in January. The news comes after last month the firm sent astronauts to the International Space Station for the first time. Fundraising this time around
Tesla’s shares touched a record high on Monday, pushing the electric-car maker’s market value above $600bn. Tesla Inc unveiled a $5bn capital raise on Tuesday, its second such move in three months as the electric car maker cashes in on a stellar
Tesla chief Elon Musk warned Tesla staffers in an email seen by Bloomberg News that rallying shares could ‘get crushed like a souffle under a sledgehammer!’ if investors start to worry about future profitability. Tesla Inc. Chief Executive Officer Elon Musk warned
Data firm S&P had considered the unprecedented move of adding the electric carmaker’s shares to its main index in two tranches due to Tesla’s enormous size but finally opted for one. Tesla Inc. will be added to the S&P 500 Index in
The Model Y, the carmaker’s newest model which began production at the start of this year, is expected to become Tesla’s best-selling vehicle. It got good ratings overall from Consumer Reports’ staff during test drives earlier this year. But the reliability rankings
Tesla (TSLA), which is now valued at more than Toyota (TM), Disney (DIS) and Coca-Cola (KO), has a market cap of nearly $387 billion. To be eligible to join the S&P 500, a company must be based in the United States, have
GM’s (GM) stock has more than doubled since early April, a low-point for automakers during the Covid-19 pandemic. Although that doesn’t compare to the 373% rise in Tesla (TSLA) shares during the same time, GM is blowing away the gains at most