TSLA stock

With another important drop today, Tesla (TSLA) has now dropped more than 12% since CEO Elon Musk announced that he would sell 10% of his stake.

It’s not clear whether Musk has started selling, but his brother, Kimbal Musk, managed to sell $100 million just before Elon publicized his withdrawal.

Tesla’s (TSLA) stock is falling by as much as 5% in pre-market trading – seemingly putting a bookend on an incredible rally. This is against the backdrop of the US passing the landmark infrastructure package which includes big outlays for EV ecosystem.

One of the main catalysts appears to be Elon Musk confirming plans to sell 10% of his stake in the company over growing pressure over the idea that “the rich don’t pay taxes”.

But is he being genuine?

Elon Musk has put a stop to Tesla’s (TSLA) historic rally by saying that the Hertz deal is “not signed” and adding that he doesn’t believe it has any effect on Tesla’s economics.

Elon Musk has confirmed that Tesla didn’t give Hertz a discount on its order of 100,000 electric cars.

The CEO also questions Tesla’s incredible stock price surge following the news.

Tesla (TSLA) has officially reached a public market valuation of $1 trillion after adding over $100 billion to its market capitalization today alone.

Tesla’s stock (TSLA) is reaching new all-time highs today on a huge rental order of 100,000 cars and a new $1,200 target price from Morgan Stanley.

Hertz Global Holdings Inc has placed an order for a whopping 100,000 Teslas in a huge first step toward electrifying its rental-car fleet and in the process mainstreaming EVs.

Tesla stock (TSLA) has reached a new all-time high, surpassing a market capitalization of $900 billion.

Tesla (TSLA) has released its financial results and shareholders letter for the third quarter of 2021 after market close today.

We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

Tesla (TSLA) is set to announce its third-quarter 2021 financial results tomorrow, October 20, after the markets close. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results.

We’ll take a look below at what both the street and retail investors are expecting for the quarterly results.

Tesla (TSLA) must be feeling pretty good about its move into cryptocurrency holding, as its stake in Bitcoin is already up by $1 billion.

Tesla has achieved an impressive new delivery record in China, which has greatly contributed to the automaker’s massive delivery expectation beat last quarter.

Tesla (TSLA) is holding its annual shareholder’s meeting at Gigafactory Texas in Austin today at 5:30 p.m. ET.

Here’s a news hub with all the important news coming out of the event.

Tesla (TSLA) was once the most shorted stock in the NASDAQ as people were heavily betting against the electric automaker, but now it looks like most of them have given up as the short interest on Tesla hits an all-time low.

Tesla’s stock (TSLA) jumped by as much as 4% this morning – adding billions of dollars to its market capitalization.

The market is adjusting to the new reality that Tesla is now reaching an annual production rate of almost 1 million electric cars.

Today, Tesla (TSLA) released its Q3 2021 delivery and production numbers – confirming it achieved again new records.

The automaker managed to deliver 241,300 electric vehicles during the last quarter.

Analysts are predicting that Tesla (TSLA) is about to report a new record quarter for deliveries despite significant challenges.

Elon Musk said that this week will be Tesla’s (TSLA) “most intense delivery week ever” in a new email to employees.

Tesla CEO Elon Musk disclosed that he is confident the chip shortage is going to be solved in the short term, despite many disagreeing.

A self-proclaimed ‘Elon Musk fanboy’ has managed to accumulate a Tesla (TSLA) position worth over $4 billion. He has been keeping a relatively low profile, until now.

According to a new analysis from Wedbush, Tesla (TSLA) is expected to reach 1.3 million deliveries in 2022.

The automaker is apparently getting ahead of current supply chain issues plaguing the auto industry.