Posts Tagged ‘Elon Musk’
Large Tesla Stock Trade Expected Ahead Of S&P 500 Inclusion
Tesla’s entrance into the S&P 500 index on Monday, December 21 is expected to be preceded by a huge trade. An unprecedented $80 billion of the electric car maker’s stock could change hands by the end of trading on Friday. Tesla is about to become the most valuable company ever admitted to Wall Street’s main…
Read MoreTesla Workers in California Declared “Essential” During New Lockdown
As Covid cases surge in California, the state has imposed a new stay-at-home order. Although not a full lockdown, California is banning non-essential work, movement, and gatherings between 10 p.m. and 5 a.m. in an effort to quell the recent dramatic spike in cases. “The virus is spreading at a pace we haven’t seen since…
Read MoreTesla To Start Testing New Self-Driving Car Features
Tesla is set to begin testing its Full Self-Driving (FSD) software in a limited number of existing vehicles. Tesla head honcho Elon Musk announced on Twitter that the electric carmaker’s software — designed to give existing vehicles autonomous driving capabilities — will begin limited road tests in a small, closed beta starting on October 20.…
Read MoreBattery Day: Tesla Promises A $25,000 EV By 2023
At their inaugural Battery Day, Tesla made a number of notable announcements. The most intriguing was a pledge to bring a sub-$25,000 electric car to market within three years. Tesla CEO Elon Musk also outlined a more efficient way of making batteries. They claim it will cut the cost per kilowatt-hour in half. The advances…
Read MoreTesla Confirms ‘Battery Day’ Event Will Take Place On September 22nd
Tesla’s has confirmed that its annual “Battery Day” event will be held on September 22 this year. It will, of course, be live streamed to the masses. During the event, the company is expected to share details about its current and future battery technologies. There will also be a (virtual) tour of its internal cell…
Read MoreTesla CEO Elon Musk On The Verge Of A $1.8 Billion Payday
Elon Musk is getting richer. Again. The Chief Executive Officer of electric carmaker Tesla is on the verge of a US$1.8 billion payday. The company’s stock climbs higher and higher, closing on Thursday at just under $1,400 a share. That share price can trigger another major windfall for Musk The massive $1.8 billion payday would…
Read MoreTesla Officially Becomes World’s Most Valuable Automaker
It’s official. Tesla is now the world’s most valuable car company. Tesla achieved the distinction late last week, as its share price rose above $1,200. That gives the electric vehicle maker a valuation of roughly $225 billion. With the new high water mark, Tesla surpassed Toyota to become the most valuable automotive manufacturer. That’s despite…
Read More