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Tesla (NASDAQ: TSLA) stock price is on the verge of reversing losses that it had made early this year. The stock price already rallied more than 45% from a 52-weeks low of $180 a share. The share price upside momentum is supported by significant expansion in profits and cash flows. In addition, the growth prospects,…
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Tesla (NASDAQ: TSLA) stock price surged significantly after beating analysts’ revenue and earnings estimates. In addition, TSLA shares received support from the launch of the Shanghai factory ahead of schedule. Trader’s sentiments are also optimized by the launch of Model Y next year. Tesla stock price hit the highest level in the last ten months….
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Tesla (NASDAQ: TSLA) stock price obtained much-needed support from its third-quarter results. This is because of its unexpected move towards profitability and strong deliveries in Q3. TSLA shares tumbled significantly this year amid traders’ concerns over profitability and trade war tension. TSLA shares had hit $170 level at the end of the first half of…
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Tesla Motors Inc. (NASDAQ: TSLA) electric pickup truck is expected to be unveiled in November this year. This is according to Elon Musk, the CEO of the company. This important and awaited announcement is expected to have an impact on the company’s stock. Tesla To Unveil Its Pickup Although there is no specific information about…
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Tesla (TSLA) CEO Elon Musk has managed to land in another controversy over a rescue mission he engineered in Thailand using a mini-sub. According to filings in court, Musk asked his employees to force Thai officials into praising him. An embarrassing event Musk can easily be crowned the king of controversy, but his most embarrassing…
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Tesla Inc. (NASDAQ: TSLA) decided to expand into the Canadian market purchasing the battery manufacturing company Hibar Systems Ltd. Reports show the whole purchase procedure took place between July and October. A “Million-mile Battery” The main reason behind the recent acquisition is related to the intention of enhancing its battery manufacturing efforts and improve its…
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Tesla, the world’s leading electric vehicle platform, has come under fire recently due to investigation via the US National Highway Traffic Safety Administration (NHTSA). This review is about whether or not 2,000 Tesla vehicles should’ve been recalled instead of given a software update to patch the issue. Said issue could have caused unforced battery fires…
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The third-quarter delivery figures of Tesla (TSLA) have left the Wall Street scratching their heads once again. The company frequently makes overambitious targets and embarrasses itself. This time it has done the same, again. What went wrong? Tesla CEO Elon Musk sent an email to his employees last month, talking about the number of deliveries…
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Tesla (NASDAQ: TSLA) stock price bounced back over the last couple of weeks after experiencing pressure during the first half. The stock is receiving support from its aggressive growth strategies. The announcement of DeepScale acquisition added to investors’ sentiments. The acquisition is likely to help Tesla in the development of fully autonomous vehicles. DeepScale’s technology…
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In an interesting court ruling, a judge found that Tesla (TSLA) and its CEO Elon Musk used social networking site Twitter to thwart a unionizing effort in its Fremont California factory. Tesla dragged to court The National Labor Relations Board received complaints about the electric car maker’s labor practices after which it was brought to…
