NTSB Probes Tesla Semi Truck Crash And Fire

Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Shares of Tesla Inc. climbed more than 12 percent in the after-hours on Wednesday and are currently up around 11 percent in the pre-market activity on the Nasdaq after the luxury electric vehicle maker reported higher profit in its third quarter, above market estimates, benefited by volume growth. Looking ahead to fiscal 2024, the company projects slight growth in vehicle deliveries...

RTTNews | 30 days ago

Tesla Unveils Robotaxi Cybercab, But Stock Down

Shares of Tesla Inc. were losing more than 8 percent in the early morning trading on the Nasdaq on Friday following the electric vehicle maker's long-awaited robotaxi event, which showcased Cybercab self-driving concept car. The event perhaps failed to impress investors and Wall Street analysts.

RTTNews | 43 days ago

EU To Impose Countervailing Duty Of 9% On Tesla's China-made BEVs

The European Commission is disclosed its draft decision to impose countervailing duties of up to 36.3 percent on imports of battery electric vehicles (BEVs) from China. The Commission said the unfair subsidization is causing a threat of economic injury to BEV producers in the European Union.

RTTNews | 95 days ago

Tesla Stock Drops 8% On News Of Robotaxi Delay

Tesla, Inc. shares were hit on Thursday's trading following a Bloomberg report that the luxury electric vehicle maker has delayed the unveiling of its robotaxi service to October. The company had previously planned its launch on August 8. Tesla shares, which were gaining recently on the expected unveiling as well as a better-than-expected second-quarter deliveries, lost 8.4 percent on regular...

RTTNews | 134 days ago

Tesla Stockholders Approve Elon Musk's $56 Bln Pay Package, Moving To Texas

Elon Musk, the founder and CEO of Tesla Inc., turned victorious after shareholders approved two major resolutions during Thursday's annual general meeting, including his $56 billion pay package, which was voided by a Delaware judge earlier this year. The luxury electric car maker's shareholders also approved a resolution to move its incorporation to Texas, the base of its largest U.S. factory.

RTTNews | 162 days ago

Tesla Set To Raise Price Of Model 3 In EU From July

Luxury EV maker Tesla is getting ready to increase the price of its Model 3 electric vehicle that are made in China and exported to the European Union from next month, according to a notice displayed on Thursday on Tesla's website for some of the EU block countries, including Germany, France, Ireland, Belgium and Hungary.

RTTNews | 163 days ago

Tesla Stock Up As Elon Musk Says Stockholders Set To Approve $56 Bln Pay Package

Tesla Inc. shares were gaining around 8 percent in the pre-market activity on the Nasdaq on Thursday after its founder and CEO Elon Musk on late Wednesday said the shareholders are set to approve two Board resolutions, including his $56 billion pay package. The luxury electric car maker's shareholders have been voting on Musk's pay package as well as a resolution to move its incorporation to Texas

RTTNews | 163 days ago

EU To Impose Countervailing Duties Of Up To 38.1% On Chinese BEVs

The European Commission is set to impose countervailing duties of up to 38.1 percent on imports of battery electric vehicles (BEVs) from China. The Commission has provisionally concluded that the BEV value chain in China benefits from unfair subsidization as part of its ongoing investigation.

RTTNews | 164 days ago

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