The global electric vehicle (EV) market has suffered more than anyone ever imagined it would. While Tesla (NASDAQ: TSLA ) continues to make news, there is so much more going on in the EV industry.
By now we're all aware of the outcome following Elon Musk's recent shareholder vote to both approve his whopping $56 billion pay package (and subsequent plan to reincorporate in Texas). While there's still a long way to go legally, the vote pushes Musk's beneficial ownership of Tesla (NASDAQ: TSLA ) from about 13% to 20.5%, though this still falls a tad shy of his 25% ownership goal.
Tesla (NASDAQ: TSLA ) stock keeps sliding even as the company has cut prices. The question is whether this is enough to spur the kind of growth many have expected from this name long-term.
Although Tesla (NASDAQ: TSLA) stock has not had an impressive year so far in terms of price, some Wall Street analysts are certain it will recover in the next 12 months, and a popular artificial intelligence (AI) model has provided insights that reveal when it could hit $200.
In the closing of the recent trading day, Tesla (TSLA) stood at $184.86, denoting a -1.38% change from the preceding trading day.
Fisker flagged doubts about its ability to remain in business in February and later failed to secure an investment from a big automaker, forcing it to rein in operations.
Investors with an interest in Automotive - Domestic stocks have likely encountered both Ford Motor Company (F) and Tesla (TSLA). But which of these two stocks is more attractive to value investors?
Tesla will reward employees for "exceptional performance," according to a memo from Elon Musk obtained by BI. Musk told staff Tesla is working on a review that will provide merit-based stock option grants.
A U.S. judge said Tesla vehicle owners can pursue a proposed class action accusing billionaire Elon Musk's electric car company of monopolizing markets for repairs and parts, breathing new life into a lawsuit she dismissed last November.
Tesla (NASDAQ: TSLA ) stock is in the news Tuesday after the electric vehicle (EV) company announced a lawsuit against battery supplier Matthews International (NASDAQ: MATW ). Matthews International is a former supplier of EV batteries to Tesla for its vehicles.
The Model Y topped Cars.com's American-Made Index for the third consecutive year. Tesla is the only company that assembles all the cars its sells in the American market in the U.S.
Elon Musk's exorbitant $56 billion pay package is just one more reason why investors should steer clear of electric vehicle maker Tesla's (NASDAQ: TSLA ) stock. Executive compensation aside, Tesla stock continues to perform extremely poorly, down 32% in the last 12 months.