Tesla, Inc. News & Breaking Stories

Elon Musk's China visit leads to Tesla's FSD approval, sparking stock surge. Analysts skeptical about FSD uptake potential. Tesla shares rise.

Tesla stock surges 11% as Elon Musk accelerates plans for more affordable electric vehicles, despite recent profit decline.

Tesla disappoints with Q1 2024 results, missing earnings and revenue estimates. Caution on 2024 vehicle growth. Zacks Rank #5 (Strong Sell).

Tesla's first quarter adjusted earnings plunged 48%, but plans for a lower-priced model send shares up 8% in after-market trading.

US stocks fell on Monday due to concerns over Israel-Iran conflict escalation. Retail sales surged, but Treasury yield hit highest level of 2024.

Tesla announces over 10% staff reduction following disappointing Q1 report. CEO Musk cites cost reductions and productivity increase in internal memo.

Dow drops as Treasury yields spike, retail sales beat expectations. Goldman Sachs shines, Apple falls, Tesla faces layoffs. Geopolitical tensions rise.

The Tesla Cybertruck, a real-life science fiction car, gains popularity among American celebrities for its futuristic design and durability.

Rivian stock plunges 27% after disappointing investors. Company announces layoffs and $2.7 billion loss for 2024. EV market struggles.

"Nvidia's stock takes a hit as it loses $78 billion in market value, but Wall Street continues to bet big on AI."

Twitter-like social network Bluesky, co-founded by Jack Dorsey, now open to all after invite-only period with unique features and interoperability.

Palantir Technologies may replace Tesla in the Magnificent Seven, as its stock soars, but it faces potential contract issues.

Elon Musk's $55.8 billion Tesla payout is at risk after a judge ruled it unfair, potentially reducing his net worth.

Walmart's decision to split its stock has sparked a debate. High-profile tech companies have also split stocks, with positive results.

Mark Cuban discusses crypto and emerging technologies, including his thoughts on blockchain, NFTs, and AI, during a viral AMA session.

"Portnoy's risky Tesla investments plummet as stock hits 8-month low. Elon Musk's vision and challenges contribute to the decline."

Tesla's CEO Elon Musk discussed investor concerns about profitability, AI, humanoid robots, and Cybertruck deliveries in the fourth-quarter earnings call.

Tesla reports lower-than-expected earnings, missing estimates by 5.33%. Despite this, the stock is expected to outperform the market in the near future.

Tesla shares edged higher in early Monday trading after a Wall Street analyst cut his price target on the group.

Elon Musk's xAI has secured $500 million in new funding. Musk is also in a race with OpenAI to bring generative AI to market.

Mark Cuban criticizes Elon Musk over diversity, equity, and inclusion comments, urging him to recognize the importance of DEI.

Tesla engineer injured by robot at Giga, Tex. factory sparks concerns and allegations of underreported incidents and safety issues.

Star Wars actor, 40, hosts SNL with Olivia Rodrigo, shows musical skills, makes Christmas list for Santa, and teases role in Star Wars.

Julia Roberts and Ethan Hawke face a cyberattack in apocalyptic thriller 'Leave the World Behind' on Netflix, with Teslas attacking them.

Tesla's Cybertruck to be delivered tonight, 4 years after its reveal. $39,900, 3400kg towing capacity, 1360kg payload. Orders not available.

Elon Musk tells advertisers who fled X over antisemitic content to "go f*** yourself" in fiery interview. Musk later apologizes.

Nvidia Corporation reported strong quarterly earnings, with revenue up by more than 200%, but shares may not rise further in the near term.

High-quality company Microsoft (NASDAQ:MSFT) continues to generate strong results. OpenAI CEO Sam Altman has joined Microsoft, strengthening its position.

Tesla supporter Ross Gerber says Elon Musk has "stepped aside" from CEO role, facing backlash for controversial comments on social media.

Rivian is seeing growing demand for its electric vehicles, but investors remain cautious due to market competition and financial challenges.

Ford has reached a tentative agreement with the United Automobile Workers (UAW) that includes a 25% wage increase and improved retirement benefits. The deal could influence future contracts with other automakers and potentially lead to increased costs. It is seen as a potential deterrent against labor unrest during Ford's transition to electric vehicles. Non-union automakers may face pressure to increase wages in response to Ford's move. The ability to produce innovative electric vehicles will be key in maintaining market position.

Tesla's stock drops after disappointing Q3 earnings, but temporary factors are impacting its bottom line. However, its dominant position and competitive advantages could lead to higher stock prices in the future.

Tesla's Q3 production and delivery numbers were lower than expected due to planned factory upgrades. The company's profit margins also fell, leading to concerns about its high valuation. Tesla's stock price may decrease in the future.

Rivian's announcement of $1.5 billion in convertible notes has caused concern among shareholders, as it implies a continuing cash burn and lack of future revenue. The company also reported a net loss of around $720 million for the fourth quarter. Rivian stock traded down by about 20%.

Elon Musk and Grimes welcome their third child, named Techno Mechanicus aka Tau. Musk now has ten children.

Elon Musk confirms that Amber Heard dressed up as Mercy from the video game Overwatch, sharing a photo on Twitter.

Wall Street indexes gain as data suggests the Federal Reserve may keep interest rates unchanged in September.

Elon Musk and Amber Heard's relationship is detailed in a new biography, including their rocky moments and shared interests.

Tesla, CVS Health, and Qualcomm were the top performers on the S&P 500, while Rtx Corp, JM Smucker Company, and Newell Brands were the worst performers. Rising stocks outnumbered declining ones on the NYSE and Nasdaq. Shares in Rtx Corp, JM Smucker Company, Walgreens Boots Alliance, Intel Corporation, Tenon Medical, Crinetics Pharmaceuticals, and Solowin Holdings either reached 52-week lows or all-time lows. The CBOE Volatility Index was down, while gold futures and crude oil prices fluctuated.

Grimes and Neuralink exec Shivon Zilis have resolved any tension between them, expressing respect and excitement for their children to grow up together.

Cars and junk food drive the S&P 500 index up as Raytheon faces unexpected costs. Tesla and Hostess see significant gains.

Bill Gates and Elon Musk had a confrontational meeting in 2022 over Gates shorting $1.5 billion worth of Tesla stock, according to a new biography. Musk was upset and "super mean" to Gates during the meeting. The book also reveals Gates' criticism of Musk's beliefs on climate change and Mars colonization.

The highly anticipated Tesla Model 3 has been unveiled, featuring a new look and improved range in response to customer feedback. The redesign includes a redesigned front fascia for better aerodynamics and reduced drag, resulting in a 5-8% boost in range. The base version can now drive up to 344 miles, while the Long Range version can go as far as 421 miles. The Model 3 also includes updates to the cabin, such as a 15.4-inch touchscreen and ventilated front seats. The car is expected to hit the market early next year.

Elon Musk endorses Republican presidential candidate Vivek Ramaswamy's call to reduce aid to Israel, sparking controversy and boosting Ramaswamy's popularity.

Elon Musk indirectly endorses GOP candidate Vivek Ramaswamy, praising his articulate views, adding to previous recognition of him as a 'promising candidate.'

Bitcoin's price fell by nearly 8% in an hour of frenzied trading, erasing most of its gains since June. The sell-off coincided with news that Elon Musk's SpaceX had written down the value of its bitcoin holdings by $373mn and sold the cryptocurrency. The volatility comes as US regulators crack down on the sector and as expectations of interest rate cuts by the Federal Reserve are reassessed.

Elon Musk unveils new "X" logo to replace Twitter's blue bird as part of a major rebranding effort. The move has alienated users and advertisers, leaving Twitter vulnerable to competition. Musk aims to create an "everything app" similar to China's WeChat. Critics argue the rebranding is a risky move that may confuse users and erase brand recognition. However, some analysts believe it could drive engagement and appeal to new audiences.

Tesla stock drops 8% as Elon Musk predicts lower production, announces recall.

Wall Street sees gains, but mixed results from Netflix and Tesla.

Tesla reports Q2 profits up 20% due to increased car sales.