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The company confirmed its Tesla Semi remains on track for production-spec deliveries to customers by 2026 while offering more details on range and payload capacity for the EV truck.
Tesla ( TSLA) stock gained 12% on Wednesday, its biggest one-day gain of 2024, after the company said it would accelerate the launch of more affordable vehicles, countering reports earlier this...
Tesla is one of the world's most valuable companies in terms of market capitalization. In October 2021, Tesla temporarily became a trillion dollar company, the seventh U.S. company to do so. In 2023, the company led the battery electric vehicle market, with 19.9% share. Also in 2023, the company was ranked 69th in the Forbes Global 2000.
Tesla shares have had a rough start to 2024, but are surging following its first quarter earnings report on Tuesday where the electric vehicle manufacturer said it wanted to accelerate plans for ...
Tesla issued US$2 billion of new shares on February 18, 2020. From July 2019 to June 2020, Tesla recorded four profitable quarters in a row for the first time, which made it eligible for inclusion in the S&P 500. On August 12, 2020, Tesla announced a 5-for-1 stock split, which took effect on August 31, 2020.
Tesla’s 2023 gain of $366 billion in stock market value was the seventh largest among US corporations. That’s how Tesla became part of the Magnificent Seven, a term created by Michael...
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