Tesla (TSLA) reported blowout third quarter global deliveries, as the expiration of the $7,500 federal tax credit in the US likely juiced sales. Tesla said Q3 deliveries came in at 497,099, easily topping Bloomberg consensus estimates of around 439,800 and the 462,890 units delivered a year ago. Tesla said Q3’s total was a new quarterly…
Elon Musk’s recent, massive purchase of Tesla stock has caught analysts’ attention — and has at least one feeling better about the company’s future. In mid-September, Musk made headlines by buying $1 billion worth of Tesla stock, marking his first such purchase since 2020. As Teslarati reported, not only did the move put Tesla in…
Tesla’s (TSLA) stock gained momentum in September 2025 after CEO Elon Musk announced a $1 billion stock purchase. The move, Musk’s first open-market buy since early 2020, is being viewed as a renewed vote of confidence in Tesla’s long-term direction. It comes at a time when the EV maker faces challenges like softening demand and…
Tesla sales have been sliding all year, with each report of declining deliveries creating fresh headwinds for the stock. In February, a report said that Tesla sales were down 45% year-over-year in Europe, causing the stock to drop 8% in a single day. In March, a separate report said that Tesla sold 30,688 EVs in…
As per reports, Chinese tech giant Xiaomi is gearing up to launch its first electric vehicles (EVs) in Europe by 2027. The announcement came during the company’s second-quarter 2025 earnings call, where President Lu Weibing revealed the milestone. The move marks Xiaomi’s first international expansion for its automotive division and reflects the brand’s rising ambitions…
Tesla’s Senior Vice President, Xiaotong Zhu (also known as Tom Zhu), has sold more than 82% of his Tesla holdings. The stock sales occurred between 2023 and 2024 at prices ranging from $174 to $323 per share, according to securities filings. This major sale by a top executive has raised questions about insider confidence in…
Tesla is reportedly continuing to reduce its reliance on China, largely through avoiding the effects of tariffs. On Wednesday, the EV giant reportedly a $4.3 billion contract with South Korea-based LG Energy Solution for lithium iron phosphate, or LFP, batteries to be used in energy storage systems over three years. LG Energy Solution on Wednesday…
Elon Musk announced the formation of his new political party a day after conducting a poll on his social media platform, X. But this isn’t the first time Musk has outsourced his decision-making to social media. The Tesla and SpaceX CEO has conducted several polls on X over the years. Musk has asked users whether…
Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
U.S. stocks experienced one of their strongest days ever, fueled by a surge of optimism on Wall Street after President Donald Trump announced a temporary retreat from most of his planned tariffs—just the kind of news investors had been eagerly anticipating. The S&P 500 jumped 9.5% on Wednesday, a gain that would typically represent a…