TSLA
Tesla (TSLA) Q1 2024 delivery report shows 8.5% drop
Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries fell 8.5% from the year-ago quarter and about 20% from the fourth quarter. Here are the key numbers:Total deliveries Q1 2024: 386,810Total production Q1 2024: 433,371Vehicle production declined 1.7% year over year and 12.5% sequentially for Tesla.Shares dropped about 6.5%.Tesla doesn’t …
Elon Musk Makes $43 Billion Bid for Twitter, Says ‘Civilization’ At Stake
A week into his rolling clash with Twitter Inc., Elon Musk went full-on corporate raider, offering to buy the company and warning he might sell his stake in the service if rebuffed. The Tesla Inc. chief on Thursday morning made a $43 billion bid for Twitter, the latest in a will-he-or-won’t-he saga between the world’s …
Tesla Stock Drops After Elon Musk Offers to Buy Twitter. This Is Why.
Text size Elon Musk, CEO of Tesla. Suzanne Cordeiro/AFP via Getty Images Tesla CEO Elon Musk offered to buy the social- media platform Twitter on Thursday, sending shares of the car maker lower. Investors might be worried about distraction for Musk as Tesla (ticker: TSLA) ramps up production at new plants, but there are other …
Tesla Needs Lithium. Elon Musk Suggests It Could Get Into Mining Business.
Tesla CEO Elon Musk has suggested that the electric vehicle maker might get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size Tesla CEO Elon Musk lamented the rising cost of lithium in a recent tweet. He even suggested that Tesla might get into the mining business to help solve shortages of the …
Tesla Failed to Oversee Elon Musk’s Tweets, SEC Argued in Letters
WASHINGTON—Securities regulators told Tesla Inc. TSLA -0.21% last year that Chief Executive Elon Musk’s use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to records obtained by The Wall Street Journal. Tesla and the Securities and Exchange Commission settled an enforcement action in 2018 alleging …
Bitcoin bulls on social media reject Musk’s reasoning for halting crypto-based car sales
Staunch supporters of bitcoin on Wednesday night were questioning Elon Musk’s crypto bona fides after the CEO of Tesla Inc. said that the company would halt its experiment of selling its electric vehicles using bitcoin due to “rapidly increasing use of fossil fuels” mining the digital asset. Musk’s announcement rippled through the crypto markets, sending …
China to Restrict Tesla Usage by Military and State Personnel
SINGAPORE—China’s government is restricting the use of Tesla Inc.’s TSLA -0.57% vehicles by personnel at military, state-owned enterprises in sensitive industries and key agencies, citing concerns that the American electric-vehicle maker’s cars could be a source of national security leaks, according to people familiar with the effort. The move follows a government security review of …
The Five Biggest Issues for Technology Companies in 2021
After a year of startling growth, the tech industry faces a more vexing 2021. The pandemic helped bring the world’s tech giants such as Amazon.com Inc. and Microsoft Corp. to new heights in 2020. The shift to online shopping and remote working accelerated at a pace that would have been inconceivable without the coronavirus. But …
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 …
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a tweet on Friday night. Musk said he believes Gates has sold short $500 million shares of Tesla (ticker: TSLA), …