HomeTagsTesla

Tag: Tesla

UBS Downgrades Tesla to Sell After Company’s Winning Streak Ends

The stock of electric vehicle maker Tesla ended its impressive streak of 11 straight days with gains on Thursday. The day after, the stock received a downgrade from UBS Group AG, who now attached a “Sell” rating to it. During the recent rally, Tesla’s shares...

Tesla Stock Records 9th Straight Day of Gains

Another day, another gain for the stock of electric car maker Tesla. The company’s shares recorded a marginal jump of 0.56% on Monday, extending their streak of gains to nine days. After hitting a 52-week low at $142.05 in April, Tesla’s stock started a steady...

Tesla Stock Jumps as EV Deliveries Beat Expectations

Electric cars powerhouse Tesla shared its quarterly deliveries report on Tuesday, and the numbers were better than Wall Street analysts estimated. As a result, the company’s stock received a healthy boost of 9%. Tesla announced it has delivered 443,956 EVs in the past quarter, beating...

Tesla Plans to Spend $500 Million on Charger Network Despite Layoffs

Electric vehicle maker Tesla recently made a surprising move to lay off the majority of the team responsible for creating their electric-vehicle charging network known as Supercharger. This was interpreted as a sign that Tesla is slowing down on the Supercharger expansion, but that...

Tesla Offers One-Month Trial of Driver-Assist Technology

Electric vehicle maker Tesla is set to offer a one-month free trial to U.S. customers of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk announced on Monday. "All U.S. cars that are capable of FSD will be enabled for a one-month trial this...

Tesla to Increase Model Y Price in Europe

Electric vehicle (EV) manufacturer Tesla is set to raise the price of its Model Y EVs in multiple European countries on March 22. The company announced on its official X account that it would increase the price by 2,000 euros (approximately $2,177). This will...