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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...

ARK Innovation, Coinbase, and Tesla Surge as Stocks Rally on Friday

Struggling stocks such as Tesla, Carvana, and Coinbase all experienced double-digit gains on Friday as part of a market rally on the New York Stock Exchange. Cathie Wood's ARK Innovation ETF, which comprises newsmaking tech innovators, advanced by 5% to mark a monthly gain of 25%...

Tesla, IBM, Levi Strauss Among After Hours Movers

Tesla stock remained steady on Wednesday during after-hours trading as the company reported its latest quarterly earnings. Adjusted quarterly earnings for the electric vehicle maker were $1.19 per share, exceeding analysts' estimates of $1.12 per share. Sales of $24.32 million also experts' projections of...

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 Stock Loses 6% Following Price Cut Announcement

Shares in electric vehicle maker Tesla fell by almost 7% in pre-market trading on Friday after the company announced its decision to slash the prices of two of its models in China. This comes as Tesla looks to combat the country's declining demand figures. While...