Elon Musk sold roughly $4 billion worth of Tesla shares in the days following his bid to take Twitter private, according to filings with the Securities and Exchange Commission. The bulk of the CEO’s sales were made on Tuesday, the
Tesla delivered 310,048 electric vehicles in the first quarter of 2022. Deliveries are the closest approximation to sales numbers reported by Tesla. After a rough start to 2022, Tesla shares are now up for the year as of Thursday’s close.
Tesla hiked the prices of its electric vehicles in the U.S. and China after CEO Elon Musk warned of inflation pressure on the business. Materials such as nickel, a key component of electric vehicle batteries, are on the rise. The
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake March 13 (Reuters) – Tesla Inc (TSLA.O) Chief
The latest subpoena came in Nov. 2021, shortly after Tesla CEO Elon Musk conducted a Twitter “poll” on whether he should sell 10% of his shares. The financial regulator is trying to determine whether Musk and his electric car maker
Electric vehicles have batteries that need to be charged by plugging the vehicle into a charging point, whereas fuel cell vehicles utilize hydrogen gas and “generate their electricity onboard.” Firms including Toyota and Hyundai have produced hydrogen fuel cell vehicles,
Tesla plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory that will allow it to employ 4,000 more people at the site, state-backed Beijing Daily newspaper reported on Friday. The newspaper attributed
Tesla will spend at least $1.06 billion on a new vehicle factory in Austin, Texas, according to public filings. Construction on facilities intended for body work, stamping, casting, painting, and full vehicle assembly are scheduled to be completed by Dec.
Tesla has hired David Misler, a former attorney for the SEC and DOJ, according to Misler’s LinkedIn feed. Tesla has repeatedly clashed with the SEC over tweets by CEO Elon Musk, among other things. According to Tesla’s most recent quarterly
Tesla CEO Elon Musk has said the company’s Model S Plaid vehicle may be launched in China early next spring. Responding to a question on Twitter late on Sunday night about when the electric sedan will come to China, Musk said