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HomeTag: Tesla

U.S. Stocks: Wall Street rises on strong earnings from Tesla, airlines

U.S. stocks rose on Thursday as a slew of upbeat earnings from companies including Tesla outweighed concerns about aggressive interest rates hikes that have kept bond yields elevated. The world’s most valuable automaker jumped 9% after its results beat Wall Street expectations as higher prices helped it overcome supply-chain chaos and rising costs. United Airlines …

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Elon Musk building Twitter competitor? Tesla CEO’s tweet sparks buzz

Musk’s tweet comes a day after he ran a Twitter poll, asking users if they believed the company adhered to free speech principles. Tesla Chief Executive Officer Elon Musk said he was giving “serious thought” to creating a new social media platform, the billionaire tweeted on Saturday. Musk was responding to a question on if …

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Tesla stock may rally 17%, says Morgan Stanley; Elon Musk’s EV giant-headed to massive production

n Musk’s electric vehicle behemoth Tesla could be in for a stellar 2022, which could see the stock price rally around 17%, said analysts at Morgan Stanley. Elon Musk’s electric vehicle behemoth Tesla could be in for a stellar 2022, which could see the stock price rally around 17%, said analysts at Morgan Stanley. In …

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Global fund managers cut exposure to tech shares, buy more healthcare stocks, increase cash levels

Global fund managers have trimmed their exposure to technology stocks in December while buying more healthcare stocks, Bank of America’s Global Fund Managers survey for December showed. Fund managers have cut their investments in the technology sector by nearly 10 percentage points while adding more healthcare stocks and also increasing their cash positions to the …

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US will no longer issue Astronaut Wings for commercial space travel: Here’s why

The US Federal Aviation Administration (FAA) on Saturday said it would no longer issue Commercial Space Astronaut Wings, instead recognising on its website individuals that reach space. Astronaut wings are pins given to individuals who fly to space in private spacecraft. The FAA recognises Sir Richard Branson (of Virgin Galactic), Jeff Bezos (of Blue Origin), …

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Elon Musk offers to sell more Tesla shares after mocking US Senator Bernie Sanders on Twitter

Elon Musk had earlier asked his followers on the social media website whether he should sell shares of his company. (Image: REUTERS) Elon Musk, the world’s richest person was seen taunting Bernie Sanders on Twitter over the weekend as the American politician asked for the wealthy to pay more in taxes. Elon Musk offered to …

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Elon Musk may sell $21 billion Tesla stock after Twitter poll says ‘Yes’; analysts warn of share price fall

Today, Tesla shares will open for trade for the first time following Elon Musk’s Twitter poll result. (File) This Twitter poll may turn out to be worth a whopping $21 billion, leading to the world’s richest person Elon Musk selling 10% from his Tesla shares. About 58 per cent of respondents voted ‘Yes’ to Elon …

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Tesla’s market cap now more than top 5 BSE companies combined; Elon Musk’s wealth grows $36 billion

Tesla is more valuable than the top 5 BSE listed companies combined. (Image: REUTERS) Elon Musk’s Tesla touched a new milestone on Monday, breaching the $1 trillion market capitalisation mark, as the stock price soared 12.66% on the back of a massive order from car-rental behemoth Hertz. With this surge in market cap, Tesla is …

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