Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.
November 24, 2020Tesla News Updates
Tesla Hits $500 Billion Mark; Musk Overtakes Gates
Tesla Gets Green Light for S&P 500 Inclusion
Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.
November 17, 2020Top Electric-Car Battery Maker Wins Approval for Company Split
South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.
October 30, 2020Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person
Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.
October 26, 2020Tesla Is Recalling About 30,000 Imported Vehicles in China
Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.
October 23, 2020Tesla to Start Exporting China-Made Model 3 Cars to Europe
Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.
October 19, 2020Tesla Inches Near Annual Goal With Record Sales in Quarter
Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.
October 2, 2020Tesla’s $25,000 Car Doesn’t Worry Biggest Rivals in China
Tesla Inc.’s plan to build a $25,000 car within the next three years doesn’t seem to have fazed China’s most-promising electric vehicle startups, with executives at the Beijing Auto Show saying Elon Musk can bring it on.
September 28, 2020Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years
Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.
September 22, 2020Tesla Falls on Musk Cautioning Battery Output Is Years Away
Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years.
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