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Tesla Q3 Vehicle Production And Deliveries Decline Sequentially
(RTTNews) - Tesla Inc. (TSLA) said Monday it produced more than 430,000 vehicles and delivered more than 435,000 vehicles in the third quarter. This is a sequential decline in volumes caused by planned downtimes for factory upgrades.
The company said its 2023 volume target of around 1.8 million vehicles remains unchanged.
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Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain
EV major Tesla Inc. and South Korean chip maker Samsung Electronics Co. Ltd. have entered into a contract worth around 22.76 trillion Korean Won or $16.54 billion for semiconductor contract manufacturing. Tesla founder and CEO Elon Musk in a post on the social media platform confirmed that Samsung will be making Tesla's next-generation AI6 chip.
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4 days ago
Tesla Shares Hit By Elon Musk's Plan To Form New Political Party
Tesla Inc. shares were losing around 8% in the morning trading on the Nasdaq on Monday after CEO Elon Musk announced his plans to launch a new U.S. political party following his ongoing feud with President Donald Trump over the 'One Big, Beautiful Bill.' Tesla founder and the former head of the Department of Government Efficiency or DOGE, launched the 'America Party' on Saturday in the latest...
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25 days ago
Tesla Stock Gains As Robotaxi Hits On Austin Roads
Tesla Inc. officially launched its highly anticipated Robotaxi driverless taxi service in Austin, Texas, on Sunday. Currently, the company is providing service in limited areas of Austin. The vehicles were confined to certain streets, and the riders reportedly included investors and social-media influencers who live-streamed their trips. On the Nasdaq, Tesla shares are currently gaining around 7
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39 days ago
Tesla Shares Gain As Musk Sets Robotaxi Service Launch Tentatively On June 22
Tesla Inc. shares were gaining around 2.4 percent in the pre-market activity on the Nasdaq following a 6 percent jump on Tuesday's regular trading, after the founder and CEO Elon Musk confirmed that the much awaited robotaxi service is tentatively set to launch in Austin, Texas, on June 22. In a post on his social media platform X, Musk said, "Tentatively, June 22. We are being super paranoid...
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52 days ago
Tesla Shares Plunge 14%, Loses $152 Bln Amid Elon Musk - Donald Trump Fallout
Shares of Tesla Inc. plunged around 14 percent on Thursday's trading on the Nasdaq, losing around $152 billion from its market capital in a single day, after CEO Elon Musk's feud with US President Donald Trump turned into a full-blown public war of words. Tesla's market capitalisation reached below the $1 trillion mark and ended the day at $916 billion. However, the shares returnd to a gain...
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57 days ago
Tesla Chair Denies Report Of CEO Search To Replace Elon Musk
Tesla Inc. chair Robyn Denholm has denied a Wall Street Journal report that its board was searching for a replacement for Chief Executive Officer Elon Musk. On the social media platform X, she called the report as "absolutely false." Shares of Tesla had fallen around 3 percent on Wednesday's trading following the news. However, with the denial of the report, the stock is currently gaining.
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93 days ago
Tesla Stock Gains As Musk Plans DOGE Cutback, Despite Weak Q1
Shares of Tesla, Inc. were gaining around 7 percent in the pre-market hours on the Nasdaq, continuing an upbeat activity on Tuesday's after-hours, after CEO Elon Musk announced that he will reduce time with President Donald Trump's Department of Government Efficiency or DOGE significantly, starting in May. The announcement on the luxury electric vehicle maker's earnings call came after reporting..
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101 days ago
Tesla Stock Hit On First Decline In Annual Deliveries
Shares of Tesla, Inc. fell around 6.1 percent on Thursday's regular trading after the luxury electric vehicle maker reported a decline in annual deliveries for the first time. The company also reported weak production in the year and in the fourth quarter, while quarterly sales were higher. On the Nasdaq, Tesla stock moved 1.1 percent higher in the extended trading on Thursday.
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211 days ago
