The shares of Tesla Motors Inc (NASDAQ:TSLA) dropped in excess of 5% closing at 211.09 in the extended hour trading after lower U.S. car shipments in November and continually falling gasoline prices. The electric carmaker has lost 12.33% share value in the last 5 days. The electric carmaker is troubled with the lowest gasoline prices…
Is Tesla Motors Inc (TSLA) and SolarCity Corp (SCTY) Partnership The Dealth Of Utility Companies?
Tesla Motors Inc (NASDAQ: TSLA) has invested $5 billion to build a battery factory in Nevada. The facility is expected to create 6500 new jobs, produce 50 gigawatts of battery storage and provide power to 500 000 electric cars per year. Tesla Motors Inc (NASDAQ: TSLA) is working with SolarCity Corp (NASDAQ:SCTY) on the new project.…
Tesla Motors Inc (TSLA)’s $5 Billion Gigafactory Poses Threat To Traditional Utility Business
The electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), announced a $5 billion Gigafactory for the production of batteries in September 2014 and it is certainly one of the biggest of its kind. However, the Gigafactory, helping in lowering electric car costs, is scaring the biggest names in the utility industry. The electric car manufacturer has started…
Tesla Motors Inc (NASDAQ:TSLA) Trading At Five-Week Low, Analysts Expect Further Drop Amid Lower Oil Prices
The shares of Tesla Motors Inc (NASDAQ:TSLA) are trading at their five-week low with current per share price of $229.30 and the shares of the electric car maker have declined by over 5% in the last 30 days. Some analysts are opined that low oil prices are driving the downward momentum whereas others consider it…
Tesla Motors Inc (TSLA)’s Model S Stays On Top In Terms Of Customer Satisfaction
In addition to being the most luxurious electric car manufacturer, Tesla Motors Inc (NASDAQ:TSLA) has received a hand of applause from its customers for being the most reliable, fun to drive, and stylish vehicle of the year. A satisfaction survey carried out by Consumer Reports has listed Model S as the best car in terms…
Tesla Motors Inc (TSLA) Still Falling Short On Production, Share Prices Slashed After Comment From Bayerische Motoren Werke AG (BMW)
Tesla Motors Inc (NASDAQ:TSLA) is certainly among the front-runners in the electric car industry with its large array of luxury electric cars. At the same time, the shares of the electric carmaker fell in excess of 5% after Bayerische Motoren Werke AG (ETR:BMW) declined to have any interest in partnership with the electric carmaker. The…
Tesla Motors Inc (TSLA) To Collaborate With Bayerische Motoren Werke AG (BMW) Over Parts and Standardized Battery Technology
Tesla Motors Inc (NASDAQ:TSLA) has announced it is in discussions with German automaker Bayerische Motoren Werke AG (ETR:BMW) for possible collaboration regarding car parts and batteries. An earlier report by Reuters, citing an interview of Tesla CEO Elon Musk with Der Spiegel, a German weekly, related that alliance is being sought in areas of lightweight…
Tesla Motors Inc (NASDAQ:TSLA) Backs Down on $500M Demand of State Money for Gigafactory, State Incentive Plan Prevails
Tesla Motors Inc (NASDAQ:TSLA) demanded an amount of $500 million in lieu of tax breaks from Nevada to build Gigafactory, its planned massive battery plant, in the state. The electric car manufacturer have been in negotiations with states such as New Mexico, Arizona, Texas, California, Oregon, and Washington, who were all competing with one another…
Tesla Motors Inc (TSLA)’s Shares Rally Up After Beating Third Quarter 2014 Market Earnings Expectations
The shares of Tesla Motors Inc (NASDAQ:TSLA) jumped nearly 7% to close at $247 in the extended trading session after the electric carmaker announced its third quarter 2014 results. The car manufacturer made record car deliveries of 7,785 during the quarter despite of the factory retooling in July this year. Tesla Motors reported net revenue…
Argument over Tesla Motors Inc (TSLA)’s Sales Figures Raises Doubts
Tesla Motors Inc (NASDAQ:TSLA) was fast becoming a dream growth story pertaining to the automobile industry in USA when the Wall Street Journal questioned its sales figures as also the authenticity of its claims. On reading what had been published, the electric auto-car maker’s CEO Elon Musk could not refrain from countering the claims. An…