Tesla Stock Jumps 7% After Earnings Top Estimates in Q1 2022
(Tesla) Tesla reported revenue of $18.76 billion in the first quarter of 2022, beating estimates of $17.80 billion. The revenue was 81% higher than the prior year. The company said…
Twitter Shares Jump 25% As Tesla CEO Elon Musk Adds 9% Position in the Company
(CNBC) Shares of the social media giant rose more than 25% in premarket on Monday after Tesla CEO Elon Musk bought around 9% of stake in the company. The total…
Tesla’s China-Made Vehicle Sales Plummets to 56,515 in February
(Reuters) Tesla’s sales of China-made electric vehicles totaled 56,515 units in February, a decline from 59,845 units in January. Tesla sales in February included 33,315 that were exported. The falls…
Tesla Records a Decline in China-Made Vehicles in January
(Reuters) Electric maker Tesla sold 59,845 China-made vehicles in the first month of 2022, a decline from 70,847 in December 2021. Out of the total sales by Tesla, 67.8% were…
Tesla Discloses $101M Bitcoin Impairment in 2021, Holdings of Almost $2B
(SEC) The total fair market value of Bitcoin holdings by electric maker Tesla was $1.99 billion as of December 31, 2021, with impairment losses in the year at $101 million.…
Tesla TSLA Stock Price Analysis Ahead of Earnings Report
The Tesla (NASDAQ: TSLA) stock price has been under pressure this year. The stock is trading at $918, which is about 28% below its all-time high. As a result, the…
Tesla Starts Accepting DOGE for Eligible Products at its Stores
(Tesla) Tesla has said it will accept Dogecoin payments for certain products at its stores, saying they are not allowing any other crypto. The company says shoppers can purchase the…
Tesla’s Sales of China-Made Vehicles Jump to 70,847 in December
(Reuters) Electric vehicle maker Tesla Inc. sold 70,847 China-made vehicles in December, an increase from 52,859 the previous month. In December, only 245 China-made vehicles were designated for export, a…
Michigan Startup ONE Reveals It’s New Battery Lasted 752 Miles on Tesla’s Model S
(Reuters) Our Next Energy, a Michigan startup, says its new battery prototype covered 752 miles or 1,210 kilometres drive on Tesla's Model S. The drive-test, in late December across Michigan,…
Tesla Stock Price Forecast After the Strong Comeback
The Tesla stock price surged by 13% on the first trading day of the year after the company announced strong delivery numbers. The shares ended the day at $1,199, which…
Tesla Is Poised to Soar 30% in 2022 on Robust Chinese Demand, Says Wedbush
(Bloomberg) Tesla Inc is in a solid position heading into next year, with sound drivers including growing Chinese demand and new factory openings in the US and Germany. In a…
A Win for Tesla, Global Autos as China Relaxes Restrictions on Foreign Ownership
(Global Times) China has lifted restrictions that limit foreign ownership in passenger car manufacturers. The National Development and Reform Commissions also removed restrictions on the creation of two or more…