Elon Musk described autonomous-driving technology as transformative to Tesla Inc. in a call aimed at ginning up interest in the electric-car makers debt and stock offering of about $2 billion, according to two people who dialed in.
May 3, 2019Tesla News Updates
Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings
Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the companys initial plans, helping to put some near-term liquidity fears to rest.
May 3, 2019Tesla CEO Elon Musk Correctly Called European Slump for April
Tesla Inc.s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musks prediction for lumpy results.
May 3, 2019Tesla to Raise $2 Billion to Counter Cash Drain
Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.
May 2, 2019Teslas Key Inventory Figure Tops $2 Billion for First Time
The value of Tesla Inc.s finished goods inventory, which includes vehicles available for sale, exceeded $2 billion for the first time as the Model 3 sedan began overseas deliveries.
April 29, 2019Shanghai Tesla Factory Key to CEO Elon Musks Ambitions
Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the worlds largest electric car market.
April 29, 2019Tesla Delays Production of Semi Truck Until 2020
SAN FRANCISCO Chief Financial Officer Zachary Kirkhorn hinted on a quarterly earnings call that Tesla will build its new semi starting in 2020 at its factory near Reno, Nev.
April 26, 2019Tesla Loses Another Bull as Analyst Dubs Period Top Debacle
Tesla Inc.s latest first quarter was one of top debacles ever seen in 20 years of covering tech stocks on the Street, Wedbush analyst Daniel Ives said April 25.
April 25, 2019Tesla Reintroduces Lower-Priced Model S After Deliveries Drop
After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.
April 24, 2019CEO Elon Musk Makes Self-Driving Technology Teslas Costly New Calling
Tesla Inc.s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.
April 23, 2019Trending
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