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Tesla Slashes Prices of its Model X and Model S for the Second Time This Year

Electric car maker Tesla really wants more people to buy its Model X and Model S. After slashing the price of X and S in early January, the company is now offering even lower prices for its most expensive models. A quick look at Tesla’s...

Tesla Stock Rises Amid China Sales Boom

Tesla shares were up by nearly 4% during early afternoon trading on Friday after the electric vehicle maker reported strong sales in China. The company reported wholesale shipments of 74,402 vehicles from its factory in China. This is a 32% rise from a year...

Tesla Owners in China Protest Recent Price Cut

Tesla stocks climbed by almost 6% during early trading Monday despite the electric vehicle maker's decision to cut its prices on Friday. This decision led to demonstrations by Tesla owners. Protests erupted across Tesla showrooms in China, where vehicle owners demanded rebates and credits for...

Tesla Reports Record Deliveries, Misses Estimates

Tesla Inc reported on Monday that it had achieved record production and delivery figures for its electric vehicles during the fourth fiscal quarter. Still, the company's performance missed Wall Street estimates after struggling with logistical issues, slow demand, and continually rising interest rates. 405,278 electric...

Tesla Plans Reduced Production Schedule for January

Tesla shares were down 5.85% at $116 in premarket trading on Tuesday after the company announced that it intends to run a reduced production schedule during January 2023. The company will run production from January 3 to January 19 before halting output for the...

Tesla’s Q3 Earnings Miss on Revenue, Stock Dips 5%

Tesla might be the biggest name in the world of electric cars, but even they are not immune to the recent economic challenges. The company released its third-quarter earnings results on Wednesday, revealing that its revenue missed out on Wall Street estimates. The Wall Street...