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News Articles: Tesla

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, Calif., on March 14, 2019. Tesla announced on Monday it would invest $1.5 billion in cryptocurrency Bitcoin.

Tagged as: 

  • Business

It Doesn't Get More Buzzy Than This: Tesla Is Investing $1.5 Billion In Bitcoin

The automaker and the cryptocurrency have a lot in common: Soaring values, idealistic fans and plenty of skeptics. Now Tesla is investing in Bitcoin and plans to accept it for car purchases, too.

February 08, 2021
|
By:
  • Camila Domonoske
Automakers are racing to be the first to bring an electric pickup to market — including, clockwise from top left, Rivian's sporty offering, Tesla's futuristic Cybertruck, General Motors' Hummer EV and Lordstown's work-focused Endurance.

Tagged as: 

  • Business

All The Oomph, Minus The Vroom? Electric Pickups Take Aim At American Market

Automakers hope Americans will be willing to switch to battery-powered vehicles, for their trucks' sakes, as they race to bring the first electric pickup to market.

December 16, 2020
|
By:
  • Camila Domonoske
Amazon founder Jeff Bezos is the world's wealthiest person, according to the latest Bloomberg Billionaires Index, with a net worth of $182 billion. Four others also have fortunes over $100 billion. Here, Bezos speaks at a conference in 2018.

Tagged as: 

  • Business

There's Rich, And Then There's Jeff Bezos Rich: Meet The World's Centibillionaires

The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.

December 10, 2020
|
By:
  • Jim Zarroli
Tesla CEO Elon Musk visits the construction site of a future Tesla plant near Berlin on Sept. 3. Musk is now the world's second-richest person, according to the Bloomberg Billionaires Index.

Tagged as: 

  • Business

Elon Musk Passes Bill Gates To Become World's 2nd-Richest Person

The soaring value of Tesla stock has sent Musk's net worth skyrocketing, according to the Bloomberg Billionaires Index. The automaker's CEO has added more than $100 billion to his net worth in 2020.

November 24, 2020
|
By:
  • Camila Domonoske
Tesla CEO Elon Musk tweeted that there was "something extremely bogus" going on with his initial coronavirus test results.

Tagged as: 

  • Business

Elon Musk Tests Positive And Negative For Coronavirus, Awaiting Confirmation

Musk was using the less-accurate rapid antigen tests. He said something "bogus" was happening and is waiting results from a test that is considered more reliable but takes longer to process.

November 13, 2020
|
By:
  • Camila Domonoske
U.S. stocks indexes fell for a third session in a row Tuesday as tech shares continued to tumble.

Tagged as: 

  • Business

Tech Stocks Are In A Mood, And They're Dragging The Market Down With Them

Stocks are down sharply for the third day in a row, partly because a decline in oil prices is hurting energy companies.

September 08, 2020
|
By:
  • Jim Zarroli
A Tesla car is on display at a showroom in Beijing on May 10. Tesla's stock has soared from $430 a share at the start of 2020 to nearly $1,600 at Wednesday's close.

Tagged as: 

  • Business

Tesla's String Of Profits Opens A New Door For World's Most Valuable Automaker

The electric car maker is now eligible to join the S&P 500 index, which means it would become part of the retirement accounts of millions of ordinary Americans.

July 22, 2020
|
By:
  • Jim Zarroli
Electric carmaker Tesla has seen its stock values soar in recent months.

Tagged as: 

  • Business

Tesla Stock Is Soaring. It's Controversial. And Soon, It Could Be In Your Portfolio

If the electric carmaker enters the S&P 500 index, as is widely expected, Wall Street's most controversial stock would start appearing in even the most mainstream investment accounts.

July 21, 2020
|
By:
  • Camila Domonoske

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