Teslas
Why Tesla’s Stock May Have Passed Its Peak
FREMONT, CALIFORNIA – APRIL 20: In an aerial view, Tesla cars sit parked in a lot at the Tesla … [+] factory on April 20, 2022 in Fremont, California. Tesla reported first quarter earnings that far exceeded analyst expectations with revenue of $18.76 billion compared to expectations of $17.80 billion. (Photo by Justin Sullivan/Getty Images) …
Tesla’s governance autopilot heads for disaster
NEW YORK, May 17 (Reuters Breakingviews) – Portraying a CEO as a father figure is one way to tell there’s a lack of judicious oversight. Backing the company’s board despite obvious shortcomings is another. Tesla shareholders did both on Tuesday, with one of them playing the part of boss Elon Musk’s “son,” a robot the …
AMD confirms it’s powering the gaming rig inside Tesla’s Model S and Model X
Remember when Elon Musk claimed you’d be able to play The Witcher 3 and Cyberpunk 2077 on a 10 teraflop gaming rig he’s stuffing into the new Tesla Model S and X? AMD is officially providing the guts — during its Computex 2021 keynote, the chipmaker just revealed that the new Tesla infotainment system consists …
Tesla’s bitcoin value dives; Musk signals hold with ‘diamond hands’ tweet
The market value of Tesla Inc’s (TSLA.O)bitcoin holdings have fallen by half to $1.26 billion, close to the electric car maker’s purchase cost, as the cryptocurrency’s value plunged following a crackdown by the Chinese government. Shares of Tesla Inc (TSLA.O) were 3% lower on Wednesday afternoon, down more than broader U.S. market indices. Chief Executive …
Tesla’s Autopilot Technology Faces Fresh Scrutiny
Tesla faced numerous questions about its Autopilot technology after a Florida driver was killed in 2016 when the system of sensors and cameras failed to see and brake for a tractor-trailer crossing a road. Now the company is facing more scrutiny than it has in the last five years for Autopilot, which Tesla and its …
Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. After reaching a record of near $44,000 on Monday, bitcoin prices BTCUSD, +2.98% hit $45,000, $46.000 and $47,000 later that evening, …
Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line – TechCrunch
Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks. As a standard bearer for the consumer electric vehicle industry and the broader climate tech …
Tesla’s stock falls, in danger of first decline since before Christmas Day
Shares of Tesla Inc. TSLA, +7.84% fell 2.1% in premarket trading Monday, which puts them in danger of suffering their first decline in 12 sessions. The stock had rocketed 37.4% amid a record 11-day win streak to close Friday at a record $880.02. Since the stock last declined on Dec. 22, the electric vehicle maker’s …