Tesla’s 10-year ride as a public firm, investors ready to sign up for more

The 10-year anniversary of Elon Musk’s company going public has yielded positive results for Tesla stock. As the electric vehicle maker moves into double figures as a publicly-traded company on Monday, investors are celebrating its success from the initial public offering price of $17 a share to $1,079 on the technology-laced Nasdaq stock exchange. Since…

Tesla stock

Tesla stock fallson Elon Musk vows to move factory out of California

Tesla (NYSE: TSLA) stock price almost 5% after the chief executive Elon Musk said he would sue Alameda County, California, immediately, saying that an “unelected & ignorant” interim health officer is acting contrary to the governor, the President, and the UU Constitution. The 48-year-old billionaire is among the biggest advocates of the reopening of economic…

Elon Musk calls lockdowns ‘fascist’ as Tesla posts profit despite virus

Siraj Sarwar

Tesla’s (NASDAQ: TSLA) Elon Musk (pictured) told reporters during the post-earnings conference call that Lockdowns are “fascist” and people should be handed back their “goddamn freedom”. This clashed with the view of a rival big tech billionaire Musk wants to reopen closed manufacturing facilities, as the company added that forced shutdowns could negatively impact 2020…

Tesla stock

Tesla stock surges 60% in seven days

Siraj Sarwar

Tesla (NYSE: TSLA) stock price has so far recovered more than half of the losses it suffered during the coronavirus selloff as some pundits believe Tesla is well-placed to recover at a faster pace than legacy automakers because the coronavirus spread will slow their move towards electric vehicles. Investors’ confidence in Tesla’s production capacity is…

Tesla stock

Tesla stock lifts 20% after beating first-quarter delivery forecasts – but brokers expect tough times ahead

Siraj Sarwar

Tesla (NYSE: TSLA) stock price surged almost 20% in after-hours trading as the world’s largest electric vehicle maker delivered 88,400 vehicles worldwide in the first quarter, down 21% from the last three months of 2019. But this quarter’s figure easily topped analyst’s first-quarter consensus estimates of 78,100 deliveries. While Tesla has highlighted its strong operational and…