Elon Musk sells US$5bn in Tesla shares following Twitter poll
Musk took to Twitter on November 7 to ask his 63.2 million followers whether he should shed 10% of his holding in the electric vehicle giant
Company
Tesla Inc
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Elon Musk’s brother sells US$110mln in Tesla stock prior to Twitter poll
Kimbal Musk still holds over 511,000 Tesla shares, worth around US$600mln based on Monday’s closing price
Elon Musk set to sell large Tesla stake after Twitter poll
With an expected tax bill north of US$10bn, one broker said a sale of shares over the coming months was "not a surprise" though a 10% stake would be large
Uber drivers in London get incentive to switch to a Tesla electric vehicle
Funds to pay for incentives have been built up by charging customers 3p per mile they ride
Elon Musk criticises Democratic tax plan that could chip away his almost US$300bn fortune
The “Billionaires Income Tax” would apply to taxpayers with over US$1bn in assets or more than US$100mln in income for three consecutive years
Tesla lays groundwork for US robotaxi network with Hertz deal says broker
Robotaxis are a likely reality for Tesla in the next 2-3 years.
US stocks close higher on continuing earnings strength
Nearly 30% of S&P 500 companies have reported earnings, with more than 80% beating Street expectations
Tesla becomes $1trn company as Model 3 becomes Europe’s best seller
The model has outsold many established brands’ models powered by internal combustion engine
Tesla rolls back updates on ‘full self-driving’
Elon Musk tweeted that issues like this are to be expected with beta versions
Tesla supplier unveils more powerful batteries for production in 2022
The new battery prototype, which was developed for Tesla's needs, is five times as powerful as current cells
Tesla's change of battery chemisty has wider implications and may not be easy, says UBS
LFP battery cell prices are around a 26% discount to the NCM that is common across the industry
Tesla revenues and profits still go up a gear despite supply chain headwinds
“It’s important to note while we have roughly doubled deliveries year to date, this has been exceptionally difficult to achieve,” said finance chief Zachary Kirkhorn
Tesla quadruples profits, BlueScope lifts earnings and Victoria is set to come out of lockdown
“Tesla’s performance in China rebounded after a problematic H1 2021 with delayed deliveries and domestic competition. In August, Tesla delivered a record number of 44,264 vehicles, cementing the region as its main export hub. China is a cru
Tesla results will put China and supply chain in focus
Also on the agenda are UK inflation, plus updates from copper miner Antofagasta and warehouse developer Segro
Tesla target price raised by Barclays but valuation hard to justify
The new target price is US$300 (from US$230), compared to a current market price of US$811,
Elon Musk's SpaceX blasts through US$100bn mark on secondary sale
SpaceX now qualifies as a ‘centicorn’, a business worth 100 times the value of a unicorn,
Tesla heads for newly emerging Texas tech hub of Austin in another blow to Bay Area
"There's a limit to how big you can scale it in the Bay Area. In Austin our factory is like five minutes from the airport, 15 minutes from downtown," said the controversial tech billionaire
Global skills shortage in EV battery industry could slow race to clean up transport
Key suppliers to major car companies are struggling to find research and engineering specialists amid soaring demand for EV batteries
Tesla to pay US$130mln damages to Black former worker after racism lawsuit
It emerged that people used racial slurs and drew racist graffiti in the bathrooms at the Tesla Fremont factory
Tesla shares rev up after delivery numbers smash expectations
Sales of the Tesla Model 3 and Model Y sales came in much higher than predicted, offsetting a slight shortfall with the Model S and Model X