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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...
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 stock soared at the open on Monday following reports CEO Elon Musk won Chinese approval to deploy the automaker’s Full Self-Driving (FSD) autonomous software on the mainland.
Tesla stock rose as much as 4.5% on Tuesday. In his presentation, Priestley said the company's long-range Semi would have a range of up to 500 miles with a 23,000-lb vehicle weight.
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...
Brian Baker, CFA. April 24, 2024 at 8:02 AM. Tesla shares have had a rough start to 2024, but are surging following its first quarter earnings report on Tuesday where the electric vehicle ...