It's been a funny year for investors and shares of Tesla Inc. NASDAQ: TSLA. This year, it has broken its long track record of delivering outperformance even when the broader market is rallying—and broken well.
Tesla argued in a new court filing that its shareholders' vote to reinstate CEO Elon Musk's $56 billion pay plan should decide the legal debate surrounding his compensation.
Tesla is losing its lead over legacy automakers in the quality of its new all-electric vehicles, according to an annual influential study conducted by J.D. Power. The study attributes Tesla's growing problems to a negative response from customers after the company removed traditional feature controls, such as turn signals and wiper stalks.
Company says in court filing Musk is entitled to vast payout because shareholders voted in his favor earlier this month
Ram was the top brand in 2024 initial quality rankings. Chevy was two and Ford was nine.
Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to court filing made public on Friday.
If Tesla can break $207 a share, the next stop is $225, an analyst says. If Tesla Q2 deliveries disappoint, shares could go back down to $170.
Tesla has underperformed the broader market this year over weakening electric car sales. However, analysts at Stifel see substantial upside over the next few years as Tesla returns to growth.
Tesla's future will be built on AI and robotics. Its slowing EV business is weighing down its share price, and rightfully so.
With Tesla's (NASDAQ: TSLA ) electric vehicles rapidly losing market share in both the U.S. and China, the automaker's near- to medium-term outlook is fairly dismal. What's more, the valuation of Tesla stock remains quite elevated, while the company's second-quarter deliveries are widely expected to come in well below the Street's official average estimates.
FREMONT, Calif. — Tesla must fix air quality problems at its electric-vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the past five years, an air quality board said Tuesday.
WASHINGTON — NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years.