Tesla shares soared in premarket trading Thursday after the automaker said it delivered about 90,650 vehicles in the second quarter, handily beating Wall Street expectations as the electric car maker’s sales withstood the economic downturn better than most competitors. Analysts expected
Tesla became the world’s most valuable automaker on Wednesday, when the electric vehicle company’s market capitalization surpassed Toyota’s for the first time. Shares of Tesla gained 5% to hit a new all-time high of $1,135, giving the company a valuation of
Tech leaders have criticized President Donald Trump’s latest immigration crackdown on the visa programs that their companies rely on to employ thousands of staff. Trump signed an executive order on Monday that suspends foreign work visas including the L-1 visa
DETROIT (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) wants to start building a large vehicle assembly plant in the southwestern United States as early as the third quarter of this year, the company told Texas officials in documents made
Tesla shares hit a record closing price of $949.92 on Monday after opening at $919, partly in response to electric vehicle sales data out of China for the month of May. According to the China Passenger Car Association, Tesla sold 11,095
Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday. The tranche is comprised of about 1.7 million shares of Tesla, and would be valued around
Tesla’s HR boss, Valerie Workman, said in an e-mail to employees on Wednesday night that the company is returning to “normal operations” at its Fremont, California, vehicle assembly plant and Sparks, Nevada, battery factory this week, with some health-related precautions
When Jessica Naro was told she would need to report back to work Wednesday at Tesla’s automobile assembly plant in Fremont, California, her first thought was that it wasn’t safe to do so. She was worried about her health as
Tesla has reopened its only US electric car plant in California, despite local orders against manufacturing. On Monday, the company’s chief executive Elon Musk tweeted that production had restarted and he would be “on the line with everyone else”. US
New York (CNN Business)Tesla filed suit Saturday night against Alameda County, California, after local officials there refused to let the company reopen its Fremont factory. In a series of tweets earlier Saturday, Tesla CEO Elon Musk also threatened to move the company’s