Tesla Inc (NASDAQ:TSLA) is shifting its focus away from traditional car manufacturing and doubling down on autonomous technology, as Chinese electric vehicle (EV) makers rapidly gain ground in both performance and pricing, according to a note from Morgan Stanley. A new small SUV launched by a Chinese technology company has reignited debate about the competitive threat facing established automakers.
Jed Dorsheimer, William Blair group head - energy and sustainability, joins 'Money Movers' to discuss Tesla's stock ripping on news that Elon Musk is committing to lead the company for the next 5 years.
Musk said he would move forward with his lawsuit against OpenAI, claiming he created the company's name and provided its first $50 million in funding. The Tesla CEO revived a lawsuit against the AI firm in August 2024, claiming OpenAI CEO Sam Altman and co-founder Greg Brockman breached the company's founding contract by developing AI for “personal profits.
Billionaire Elon Musk said in an interview that he plans to remain as the leader of Tesla for the next five years amid his involvement with DOGE and other business ventures.
Vaibhav Taneja's stock award is worth more than any CFO's—and most CEOs'—pay.
Tesla and Volkswagen battery maker Contemporary Amperex Technology Co Limited – better known as CATL – has received a warm welcome as it completed its initial public offer in Hong Kong. The world's largest electric vehicle battery maker raised HK$35.7 billion ($4.55 billion) in the IPO, making its the largest in the world so far this year.
Morgan Stanley analyst Adam Jonas values Tesla at roughly $1.3 trillion. Less than $300 billion of that comes from the business of selling cars.
Tesla, Inc.'s Q1 '25 was rough for its electric vehicle business. No two ways about it. That said, today, all we need is Tesla's EV business to be profitable and stable, while it grows its new businesses using the cash from its EV business. And, indeed, it is growing its new lines of business, such as its Megapack business. I will devote a large portion of this review to analyzing Megapack's incredible growth.
U.S. equities were down at midday, while the yield on the 10-year Treasury jumped, as the market reacted to Moody's downgrading the U.S. debt rating. The Dow Jones Industrial Average, S&P 500, and Nasdaq all slid.
The three major tech stocks in this analysis all look as if they are going to struggle a bit, as they are all lower in premarket trading on Monday. At this point, there should be buyers under current levels.
Shares of Tesla Inc NASDAQ: TSLA closed just under $350 last week, capping off a blistering rally that has seen the stock climb 60% from its April lows. While it still has ground to cover before revisiting the highs near $500 from last December, momentum is clearly back.
After an incredible two-year run on the stock market, big tech hasn't fared quite so well in 2025. Among the biggest laggards in artificial intelligence (AI) stocks is Tesla (TSLA 1.93%), whose shares have declined 15% year to date (as of May 15).