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Meanwhile, his brother Kimbal Musk has been selling millions of dollars of Tesla shares in the last few months, including a block of $27.5 million in early February, when the stock price was higher.
The stock got a fresh boost on Friday as the US Department of Transportation announced looser rules for self-driving cars.
But CEO Elon Musk still had good news for shareholders on the earnings call. Tesla is on track to launch its first robotaxi service in Austin, Texas, by June, and Musk predicted the company would ...
Tesla shares jumped Friday, extending their recent rally after CEO Elon Musk said he would spend more of his time focusing on ...
Furthermore, with a forward price-to-earnings (P/E) ratio of 92, Tesla stock remains extremely expensive. For context, the S&P 500 has an average estimate of 20, while other established American ...
Shares in troubled EV maker Tesla (TSLA) revved up higher today after it received a rare bit of good news on the future of ...
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Tesla (NASDAQ: TSLA) stock is seeing big gains in Wednesday's trading despite publishing disappointing earnings results yesterday after market close. The company's share price was up 7.2% as of 11:30 ...
Tesla stock is down more than 50% from its December peak as Elon Musk’s company heads into an earnings report expected to ...
Tesla stock market value has lost nearly $400 billion since the S&P 500 hit a peak on February 19, a staggering 35 per cent plunge. The index, by contrast, has fallen 17 per cent. The loss in ...
Tesla (NASDAQ: TSLA) stock is soaring today amid a big rebound rally for the broader market. The company's share price was up 18.5% as of 3 p.m. ET. Meanwhile, the S&P 500 index was up 7.2% ...
The market assumed the relationship between CEO Elon Musk and President Donald Trump would benefit the company in some way, but that benefit has yet to materialize. Instead, Tesla stock tumbled ...
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