Tesla Inc. on Monday said that it bought $ 1.5 billion in bitcoin, a purchase that comes after CEO Elon Musk has promoted the world’s No. 1 digital asset, along with other cryptos, in recent weeks. Bitcoin’s price BTCUSD, +1.82%, already on a stratospheric rise, garnered an additional fillip from the announcement, …
Read More »
MARKETWATCH FRONT PAGE Tesla shares have exploded for a gain of nearly 700% this year, having gotten a recent boost from joining the S&P 500. But a blockbuster 2020 is merely another chapter in the stock’s volatile journey to eye-popping returns. See full story. My husband and I are planning …
Read More »
Tesla Inc. unveiled battery innovations and increased efficiencies that appeared to underwhelm investors late Tuesday at its much anticipated “Battery Day.” Tesla stock’s TSLA, -5.59%, which had gained more than 4% after an upbeat post-shareholder-meeting presentation, turned south as soon as Chief Executive Elon Musk said that some of the …
Read More »
The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week. Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla TSLA, …
Read More »
Tesla Inc. escalated a showdown with local health authorities and reopened its Fremont, Calif., car-making plant beyond minimal operations. Chief Executive Elon Musk earlier Monday vowed on Twitter to reopen the plant, Tesla’s TSLA, -0.99% sole U.S. car-making facility, in defiance of a regional shutdown order to curb the spread …
Read More »
Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan. …
Read More »
Bombs, bats, ants and now trees. Elon Musk’s dream of opening his first Tesla TSLA, -0.49% gigafactory in Europe has been plagued by a series of obstacles — involving all of the above. Production at the site in Grünheide in the eastern state of Brandenburg near Berlin, was scheduled to …
Read More »