Gigafactory

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...

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...

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...

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...

Tesla Inc. (NASDAQ: TSLA) is searching for new sites to build manufacturing plants for its all-electric pickup "cybertruck" and Model Y crossover SUV, Elon Musk said Tuesday. What Happened "Scouting locations for Cybertruck Gigafactory," Musk said on Twitter. "Will be...

Shares of Tesla Inc (NASDAQ: TSLA) could be in for further upside amid a couple of positive catalysts. The electric vehicle maker has resumed production in full swing at its Shanghai Gigafactory following the disruptions caused by the COVID-19 outbreak in Wuhan in late January, China Daily.com...

Tesla Inc. (NASDAQ: TSLA) got a German court's approval on Thursday to continue the construction of its Berlin manufacturing plant, Deutsche Welle reported. What Happened The preparatory work — on what would be the automaker's first factory in Europe — was halted when the...

Tesla Inc. (NASDAQ: TSLA), in its regulatory filing with the Securities and Exchange Commission on Thursday, acknowledged the novel coronavirus as a "risk factor" facing its business and operations. What Happened The electric vehicles maker didn't mention the virus by its name but...

Tesla Inc. (NASDAQ: TSLA) chief executive officer Elon Musk on Saturday countered critics who said the automaker's Berlin manufacturing plant would hurt the area's water supply. What Happened "Sounds like we need to clear up a few things! Tesla won't use this much net water on...

California-based electric vehicles maker Tesla Inc. (NASDAQ: TSLA) is opening a new design and research center in China, Reuters reported on Thursday. What Happened The Elon Musk-led company on Wednesday put out a notice on Tencent Holdings Ltd.'s (OTC: TCEHY) social media platform WeChat ...

Chinese electric vehicle startup Nio Inc – ADR (NYSE: NIO), which is battling both macroeconomic and company-specific issues, is facing competition from U.S. peer Tesla Inc (NASDAQ: TSLA) as it plunges headlong into the Chinese market. Tesla's China push is unsurprising, as the country...

California-based automaker Tesla Inc. (NASDAQ: TSLA) will deliver the first units of its China-made Model 3 electric vehicle to 15 customers on Monday, a company representative told Reuters. What Happened Tesla began accepting orders for the first model made in its still-under-construction Shanghai...

It’s been over a year since Elon Musk foretold a $420 stock price, and Tesla Inc (NASDAQ: TSLA) has finally followed through. Here is what one of Tesla’s most critical analyst teams has to say about it. The Rating Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius maintained an...

More than 16 months after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's infamous tweet that Tesla had “funding secured” for a buyout at $420 per share, the stock reached $400 for the first time ever on Thursday, and Tesla bulls are hoping Musk's $420 target may soon be a reality...

Tesla Inc (NASDAQ: TSLA) traded up 1.8% Friday on reports that Model 3s produced at its Shanghai plant would qualify for Chinese subsidies. China’s Ministry of Industry and Information Technology included two versions of the sedan on a list of vehicles qualified for a 25,000 yuan, or $3,550,...