Tesla's (TSLA) turbulent stock price — and even more volatile CEO— steal the headlines. But the real story may be the steep decline in the value of the electric car maker's bonds. $1.8 billion of Tesla bonds due in August 2025 plunged to a record low on Friday. The bonds traded...
There’s very little good news in Tesla’s Q1 earnings. Earnings per share and revenues both missed analyst expectations. Vehicle deliveries were at their lowest level since the third quarter of 2022. But in the after-hours market, shares of TSLA stock quickly soared by more than 8%. What...
True to Ron Bron’s prediction, Tesla’s stock price as of 9th January 2020 was at $498.44 and showing an indication of continuing the upward trend (Reinicke, 2020). This is amidst the predicted capital shortages in the company despite the optimistic investment advice coming from the bulls, ...
New York CNN — Telsa profit in the second quarter plunged more than 40% from a year ago, as the electric vehicle company has faced both more EV competition from established automakers and a slowing of overall EV sales growth. The drop in profits is a stark contrast for a company that...
New York CNN Business — Tesla’s stock jumped as much as 6% in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into effect on August 31. Tesla (TSLA) noted in a statement that the split is intended to “make stock ownership more access...
New YorkCNN Business— Tesla officiallyannounceda three-for-one stock split, meaning the company’s stock price — which has jockeyed between $600 and $1,000 for a year — is about to get more affordable for investors. The stock will begin trading on a split-adjusted basis on August 25th...
“The price cuts that Tesla enacted was the straw that broke the camel’s back on the stock.” Another reason Tesla’s stock is sinking: The US economy could tip into recession next year, hurting car sales. Musk said on an Twitter Spaces call Thursday he foresees the economy ...
That’s not to say Twitter has played no role in Tesla’s stock price demise this year: Tesla shares have lost 66% of their value since Musk’sinterest in Twitterwas first disclosed in April, with a 45% decline since heclosed on the dealin late October. ...
CNN Tesla sells $1.46 billion in stock to raise money to ramp up production of the Model 3. Musk estimates that the company will need to invest more than $2 billion in its Fremont, California, facility to meet its goal of producing 500,000 cars by the end of 2018. ...