Elon Musk

Tesla Inc (NASDAQ: TSLA) has been in the headlines this week due to a combusting car, an alleged sabotage plot and a hint toward where the European Gigafactory could be located. Here's a rundown of what's occurred in the last 72 hours.  A Potential German Gigafactory And A...

Amid announcements of layoffs and reorganization, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk spent about $25 million on 72,500 shares of the company Tuesday and Wednesday, according to a Securities and Exchange Commission filing.  That brings Musk’s stake to 33,737,921 shares worth more than...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk confirmed Tuesday that the company will terminate 9 percent of employees as part of a “difficult but necessary” reorganization. What Happened “Tesla has grown and evolved rapidly over the past several years, which has resulted in some...

Tesla Inc (NASDAQ: TSLA) continued to trade up Monday on CEO Elon Musk’s professed plan to advance autonomy in August. "With V9 [Version 9], we will begin to enable full self-driving features," Musk tweeted Sunday. Why It’s Important Musk did not elaborate on what such...

Tesla Inc (NASDAQ: TSLA) bolstered Baird’s bullishness during a Tuesday shareholder meeting by affirming its pace to meet Model 3 production milestones this quarter and become cash-flow and GAAP net income positive in the back half of the year. The Rating Baird Equity Research analysts Ben...

Tesla Inc (NASDAQ: TSLA) fostered enthusiasm among investors at its Tuesday shareholder meeting. The stock spiked on afternoon announcements and continued to trade up 4.1 percent Wednesday ahead of the open. Here are highlights from the meeting, held in Mountain View, California.  Board...

The odds of running a $1 billion business are slim to none. Unless you’re Elon Musk. Then you run a few. The CEO of Tesla Inc (NASDAQ: TSLA), SpaceX and the Boring Co. is now known to head two firms that are both valued north of $25 billion. With Tesla’s $46-billion market cap and...

With General Motors Company (NYSE: GM)’s headquarters visible behind him, “Shark Tank” judge Kevin O’Leary said Tuesday that automotive brands are losing importance. In 15 or 20 years, passengers won’t care about the branding of the vehicle they’re hailing for a...

A Tesla Inc (NASDAQ: TSLA) spokesperson confirmed a Wall Street Journal report that the company is reorganizing and shrinking its management structure to improve efficiency. CEO Elon Musk circulated a memo to employees early Monday morning reiterating a strategy previously expressed during the...

Insider buying can be an encouraging signal for potential investors. The CEO of the leading electric vehicle maker put his money where his mouth is this week. A couple of 10 percent owners notably increased their stakes as well. Conventional wisdom says that insiders and 10 percent...