Tag: Tesla Stock

U.S. stocks rose on Thursday, with the S&P 500 rising 0.5% to a new record close of 4,894.16, thereby continuing its growth after marking its fourth straight record close on Wednesday. The Dow Jones Industrial Average jumped by 0.6%, while the tech-heavy Nasdaq Composite...

Electric Vehicle (EV) automaker Tesla missed market estimates for its deliveries in the third quarter. After reducing production because of planned factory shutdowns, the company delivered 435,059 vehicles in Q3, falling short of Wall Street estimates of 454,100 vehicles according to 19 analysts polled...

Tesla announced on Wednesday that it has slashed the prices of its Model S and Model X cars in China by as much as 6.9%. This comes after concerns emerged about the EV maker's profit margin in the Chinese market. A post from Tesla on...

Electric vehicle maker Tesla announced on Sunday that their production facility in Giga Austin made the first Cybertruck pickup. The news caused the company’s shares to its highest mark in almost a year. Tesla unveiled Cybertruck back in November 2019 and received 250,000 preorders in...

Tesla stock embarked on a record 13th consecutive daily rise on Tuesday, with shares skyrocketing by 41% since the start of the winning streak. The electric car manufacturer's rise in is line with the general market trajectory on the back of cooling inflation. This rise...

Electric vehicle maker Tesla reported disappointing first-quarter earnings results on Tuesday that saw the company miss out on total gross margin estimates. This sent the company’s stock on a downward trajectory in after-hours trading and a dip of more than 4%. Tesla reported revenue of...