Tesla sales jumped in 2nd quarter
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Elon Musk is best known as the CEO of Tesla Inc and SpaceX. Just weeks before his 55th birthday, Musk became the world’s first trillionaire when SpaceX went public on June 12 — though a tech sell-off
Although Tesla Inc.‘s TSLA second-quarter delivery figures massively exceeded Wall Street estimates, the EV giant’s stock sharply declined despite the positive sales milestone and investor Ross Gerber thinks that is the least of Tesla’s problems.
Elon Musk has capped Tesla employees’ spending on AI at $200 (£150) a week as companies seek to rein in runaway bills.
There have been a lot of bears on the tail of Tesla (NASDAQ:TSLA | TSLA Price Prediction) in the past several years, but the name has proven quite punishing to short. Now that Dr. Michael Burry of The Big Short fame doesn’t have to answer to any investors (he’s moved on from Scion),
Investor Gary Black of The Future Fund LLC disputed speculation Thursday that Elon Musk was selling Tesla Inc. TSLA shares, arguing that company lawyers would be unlikely to allow insider sales during Tesla’s blackout window before second-quarter earnings.
Shares of SpaceX dropped 6.2% as of Wednesday afternoon, a reversal from the nearly 12% jump over the three previous trading sessions. Another decrease in SpaceX’s share price cut Musk’s net worth by $59 billion to $994.
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Elon Musk disputes role of Tesla self-driving technology in fatal Katy crash as federal probe opens
The National Highway Traffic Safety Administration has launched a federal investigation into Tesla after a vehicle drove into a Katy woman's home, killing her.
Elon Musk recently said he thinks Space Exploration Technologies (SPCX +7.15%), or SpaceX, could be generating $1 trillion in annual revenue by 2030. That's an astounding projecti
Elon Musk's Tesla shares fell 7% despite reporting better-than-expected second-quarter deliveries, as investors focused on profits, AI investments and long-term growth prospects.
A major Tesla competitor says self-driving rivals face a real gap
While one aspect of his latest stock moves might make investors think Musk was cashing out some of his Tesla stake, there were nuances in play.
Shares of Elon Musk's EV Maker Dropped Following the Report
