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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...

Tesla Sets the Date For Its 3-1 Stock Split

After Tesla's shareholders approved a 3-1 stock split earlier this month, the electric vehicle maker now announced that its shares would begin trading on a split-adjusted basis on August 25. According to the company's 8-K filing, every investor holding Tesla stock on August 17 will...

Corporate Opinion Currently Low On U.S. Economy

If you were wondering how Corporate America currently feels about the U.S. economy, you're in for a real treat. In recent days, we've seen evidence of major corporation leaders casting a downtrodden perspective on the American economy as a whole. Tesla mogul Elon Musk, for...

Tesla Closes an Office in California, Lays Off 200 Autopilot Employees

Electric cars maker Tesla has continued to thin its working force. The company reportedly laid off 200 employees who worked on the Autopilot program earlier this week. The move came shortly after Tesla closed its office in California. The San Mateo, California, office was focused...

Tesla Raises Prices of Its Models in the U.S. By as Much as $6,000

Owning a Tesla electric car has become an even pricier affair. The company recently made another price adjustment and hiked the prices of its models by as much as $6,000 for customers in the United States. According to Reuters, the most recent price increase is...