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Corporate / Financial Rivian To Lay Off 6 Percent Of Staff To Cut Costs Amid EV Price War

Rivian To Lay Off 6 Percent Of Staff To Cut Costs Amid EV Price War

The company will let go about 840 of its 14,000 employees, but manufacturing operations in Normal, Illinois will not be affected.
By Dan Mihalascu 3h ago
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Corporate / Financial Tesla Added 29,000 Jobs In 2022 Amid Mass Layoffs In Tech Sector

Tesla Added 29,000 Jobs In 2022 Amid Mass Layoffs In Tech Sector

Despite some layoffs among its salaried employees, Tesla actually increased its overall headcount by an astonishing 22 percent.
By Dan Mihalascu 31 January 2023
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Corporate / Financial Tesla Stock Vs Amazon Stock In 2023

Tesla Stock Vs Amazon Stock In 2023

Both stocks have arguably low buy-in prices right now, so which is the best investment?
By EVANNEX 30 January 2023
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Corporate / Financial Lightyear's Operating Company Atlas Technologies Declared Bankrupt

Lightyear's Operating Company Atlas Technologies Declared Bankrupt

While the bankruptcy proceedings formally affect only the manufacturing company, the future of Lightyear's solar EVs appears uncertain.
By Dan Mihalascu 30 January 2023
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Elon Musk Musk Says Only Some

Musk Says Only Some "Smart" Investors See Value Of Tesla's FSD

Musk's new words of wisdom on Twitter happen to be that most people don't know or realize what's up at Tesla and how amazing it is.
By Steven Loveday 27 January 2023
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Corporate / Financial Tesla Stock: A Look At The Recent Bull Vs Bear Case Debate

Tesla Stock: A Look At The Recent Bull Vs Bear Case Debate

What if both the bulls and the bears were wrong this time since the debate seemed to simply rehash old news?
By EVANNEX 27 January 2023
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Energy Storage Systems Tesla Energy Generation And Storage Business: Q4 2022 Results

Tesla Energy Generation And Storage Business: Q4 2022 Results

Battery energy storage system deployment more than doubled.
By Mark Kane 26 January 2023
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Corporate / Financial Tesla Q4 2022 Earnings Report: Profitable Yet Again

Tesla Q4 2022 Earnings Report: Profitable Yet Again

Another positive quarter for Tesla is in the books.
By Eric Loveday 25 January 2023
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Industry Outlook Tesla Rises Up World's Most Valuable Brands Ranking Despite Tough Times

Tesla Rises Up World's Most Valuable Brands Ranking Despite Tough Times

Tesla had a rough 2022, but you wouldn't know it by the results of Brand Finance’s 2023 World’s Most Valuable Brands rankings.
By Steven Loveday 25 January 2023
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Corporate / Financial Honda Creates EV Unit To Speed Up Electrification, Cuts Sales Regions

Honda Creates EV Unit To Speed Up Electrification, Cuts Sales Regions

Honda will focus its efforts on North America, China, and Associated Regions, with the latter including the rest of the world.
By Dan Mihalascu 25 January 2023
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Corporate / Financial Tesla's Price Cuts May Prove

Tesla's Price Cuts May Prove "Competitive Advantage," Says Analyst

There's not likely another automaker that can cut prices so massively and still show a notable profit.
By EVANNEX 24 January 2023
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Charging Shell Acquires Volta Dual Charging And Media Network

Shell Acquires Volta Dual Charging And Media Network

The all-cash transaction is valued at approximately $169 million.
By Mark Kane 23 January 2023
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Corporate / Financial Tesla Stock May Benefit From Fed's

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

The Fed hopes to create an economic soft landing, and if it's successful, Tesla could be one of 46 companies to reap the rewards.
By EVANNEX 23 January 2023
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Corporate / Financial Tesla Price Cuts The

Tesla Price Cuts The "Right Medicine At The Right Time:" Analyst

Some analysts believe Tesla's move was the right thing to do long term, while others worry about thinning gross profit margins.
By Dan Mihalascu 16 January 2023
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Corporate / Financial Tesla Stock Upgraded To

Tesla Stock Upgraded To "Buy" By Edward Jones

The current buy-in price is very low, and it appears Tesla's strong fundamentals haven't changed.
By EVANNEX 11 January 2023
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Corporate / Financial Investing In EV Stock? Is Tesla Or GM The Better Investment?

Investing In EV Stock? Is Tesla Or GM The Better Investment?

The stock market has been much of a mess these days, and people are scrambling to find the answer to such difficult questions.
By EVANNEX 10 January 2023
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Weird Tesla Stock Up Due To Crowds At China Stores: Buyers Or Protesters?

Tesla Stock Up Due To Crowds At China Stores: Buyers Or Protesters?

Reports are all over the map here, but it's certainly worth sharing and discussing.
By Steven Loveday 09 January 2023
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Corporate / Financial Could Tesla's Stock Ever Again Enter The Trillion-Dollar Club?

Could Tesla's Stock Ever Again Enter The Trillion-Dollar Club?

Tesla's market cap hit $1 trillion early in 2022, then proceeded to drop like a bomb toward the end of the year.
By EVANNEX 04 January 2023
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Corporate / Financial Tesla Share Price Down 12.6 Percent On First Trading Day Of 2023

Tesla Share Price Down 12.6 Percent On First Trading Day Of 2023

Tesla's vehicle production and delivery numbers for the fourth quarter 2022 fell short of analysts' expectations.
By Dan Mihalascu 03 January 2023
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Corporate / Financial Tesla China Boss Gets Promoted, Is Now No. 2 Executive After Musk

Tesla China Boss Gets Promoted, Is Now No. 2 Executive After Musk

Tom Zhu will have direct oversight of Tesla's US assembly plants as well as sales operations in North America and Europe.
By Dan Mihalascu 03 January 2023
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Corporate / Financial Still Pondering Tesla Stock? Cathie Wood Bought More, Musk Was Selling

Still Pondering Tesla Stock? Cathie Wood Bought More, Musk Was Selling

Trying to decide whether to buy, sell, or hold Tesla stock may be more challenging now than ever before.
By EVANNEX 30 December 2022
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Corporate / Financial Tesla's 2022 Stock Plunge Is Worth Most Automakers Combined

Tesla's 2022 Stock Plunge Is Worth Most Automakers Combined

Sure, many stocks are dropping, but it's truly mindblowing to see just how far Tesla's market cap has fallen.
By Steven Loveday 29 December 2022
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Corporate / Financial Musk To Tesla Staff: Don't Be

Musk To Tesla Staff: Don't Be "Bothered By Stock Market Craziness"

Part of Tesla employees' compensation is made up of stock options, so it's understandable they should be worried.
By Dan Mihalascu 29 December 2022
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China Tesla China Gets New Legal Rep: Is Boss Tom Zhu Leaving For Promotion?

Tesla China Gets New Legal Rep: Is Boss Tom Zhu Leaving For Promotion?

More signs are pointing to the potential for Tom Zhu to leave Tesla China for a bigger role at the company.
By Steven Loveday 28 December 2022
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