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Panasonic Hopes To Recharge Tesla Battery Partnership, Eyes Gigafactory Expansion
Monday, May 18, 2020 - 2:55pm | 362Read More...Panasonic Corp’s (OTC: PCRFF) CFO, speaking at an earnings briefing Monday, said the company is seeing "strong demand" for Tesla Inc (NASDAQ: TSLA) battery cells and is in talks to expand the Nevada Gigafactory, according to Reuters. Since 2014, Panasonic and Tesla have...
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Tesla Employees Who Choose To Stay Home Might Not Receive Unemployment Benefits, Internal Email Says
Thursday, May 14, 2020 - 2:45am | 334Read More...Tesla Inc. (NASDAQ: TSLA) employees called back from furlough, but choosing to stay home, will not receive unemployment benefits. What Happened An email sent to the employees on Wednesday by Valerie Workman, Tesla’s head of human resources in North America stated, "Once you are...
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Tesla Negotiates $565M Loan In China Amid Factory Shutdowns, Shrinking Sales
Monday, May 11, 2020 - 9:56am | 458Read More...Tesla Inc (NASDAQ: TSLA) is yet again relying on debt to keep its operations going in China, with the electric vehicle manufacturer negotiating a loan facility, according to an 8-K filing with the SEC. About Tesla's Loan Tesla has entered into a working capital loan contract...
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Tesla's China Sales Dropped 64% In April, Even As Wider Market Recovered, CPCA Says
Monday, May 11, 2020 - 6:16am | 317Read More...Tesla Inc. (NASDAQ: TSLA) sold 3,635 units of its Shanghai-made Model 3 cars in China in April, the China Passenger Car Association (CPCA) said Monday. What Happened The number is a 64% decline in sales compared to March, when it sold 10,160 vehicles, according to CPCA data first reported...
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Major US Automakers Plan To Return To Work May 18 With Enhanced Safety Measures In Place
Monday, May 11, 2020 - 12:50am | 514Read More...Automakers such as General Motors (NYSE: GM), Ford Motor Company (NYSE: F), and Tesla (NASDAQ: TSLA), are planning to reopen factories with enhanced safety precautions. What Happened General Motors workers in Flint, Saginaw, and Bay City, Michigan, are likely to return to work next week...
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'F*** Elon Musk,' Responds California Assemblywoman To Musk's Threats To Leave State
Sunday, May 10, 2020 - 11:44pm | 431Read More...Tesla Inc.’s (NASDAQ: TSLA) CEO was the subject of California State Assemblywoman Lorena Gonzalez’s ire after he threatened to move the factory out of the state. What Happened In a social media outburst against Alameda County officials on Saturday, Tesla CEO Elon Musk called the “...
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Tesla Reportedly Halts Production At Chinese Factory, Bringing Global Production To Standstill
Thursday, May 7, 2020 - 10:00am | 369Read More...Tesla Inc (NASDAQ: TSLA), which is betting big on China to fuel growth, is apparently facing a setback in the country, according to a report in Bloomberg. Following a one-month-long closure forced by the coronavirus scare, the Shanghai Gigafactory resumed operations in full swing only in late...
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6 Reasons Why Morgan Stanley Says Tesla's Next Gigafactory Location Is Texas
Tuesday, May 5, 2020 - 11:53am | 539Read More...Tesla Inc (NASDAQ: TSLA) shares have recovered from their coronavirus meltdown, courtesy of a strong quarterly report. On the earnings call, CEO Elon Musk suggested the company's next Gigafactory could be announced as soon as next month and that it would be in the U.S. An analyst at...
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'Impressive Performance In A Dark Environment,' Wedbush, Gene Munster React To Tesla's Q1 Results
Wednesday, April 29, 2020 - 11:32pm | 617Read More...Tesla Inc. (NASDAQ: TSLA) significantly beat analyst expectations in its first-quarter results, and here's what analysts at Wedbush Securities Inc. and Loup Ventures' Gene Munster think about its performance and outlook. Impressive Performance In A ‘Dark Environment,' Wedbush Says...
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Elon Musk Calls Bay Area's Shelter-In-Place Order 'Fascist' In Vulgar Conference Call Rant
Wednesday, April 29, 2020 - 7:42pm | 624Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has never been one to shy away from sharing his opinions, and that was as evident as ever during the company's first-quarter earnings conference call on Wednesday night. Musk denounced the Bay Area's shelter-in-place order as "fascist" during...
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'Choose Joplin,' A Missouri City Trying To Get Tesla To Build Gigafactory There, Offers $1B In Incentives
Wednesday, April 15, 2020 - 4:47am | 383Read More...Joplin, Missouri, has set up a website to convince Tesla Inc. (NASDAQ: TSLA) to build its next manufacturing plant in the city. What Happened According to the website, the city authorities are offering $1 billion in incentives to the automaker to open a "gigafactory," as Tesla refers to...
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Here's How Long It Took Tesla To Reach A $100B Market Cap
Tuesday, April 14, 2020 - 1:06pm | 415Read More...Nearly 17 years. Tesla Inc (NASDAQ: TSLA) was founded in July 2003 and didn’t strike a $100 billion market cap until Jan. 22, 2020. Within a month of marking that milestone, momentum carried its value up 66%. Where Tesla Began Tesla was launched on seed funding from Elon Musk, who contributed...
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Why Tesla's Stock Traded 17% Higher On Monday
Monday, April 13, 2020 - 11:33pm | 508Read More...Tesla Inc. (NASDAQ: TSLA) shares added 17% in the regular session and the after-hours session on Monday to trade significantly above the $600 mark. Automaker Outperforms Wider Market The sharp surge came as the wider market saw a slump. The S&P 500 Index closed 1% lower at 2761.6, Dow Jones...
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Tesla To Reduce 75% Of All On-Site Staff At Nevada Gigafactory Due To Pandemic
Friday, March 27, 2020 - 6:58am | 418Read More...Tesla Inc. (NASDAQ: TSLA) is cutting three-fourth of its on-site staff at the Nevada gigafactory due to the impact of the novel coronavirus (COVID-19) outbreak in the country. What Happened Austin Osborne, manager for the Storey County, where the Tesla manufacturing plant is located, gave the...
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Tesla To Reopen New York Gigafactory To Make Ventilators For COVID-19 Patients
Thursday, March 26, 2020 - 5:28am | 370Read More...Tesla Inc. (NASDAQ: TSLA) is planning to reopen its gigafactory in New York to produce ventilators for people who fall critically ill from the novel coronavirus (COVID-19). What Happened "Giga New York will reopen for ventilator production as soon as humanly possible," the automaker...
