Tesla shares fall after Elon Musk's Twitter poll

New York, NY (CNN)Elon Musk is trolling again on Twitter, and this time his target is Sen. Bernie Sanders. “I keep forgetting you’re still alive,” Musk tweeted Sunday morning, in response to Sanders tweeting that the extremely wealthy should pay their fair share of taxes. CNN Business has reached out to Sanders for comment. I […]

Tesla shares fall after Elon Musk's Twitter poll

New York (CNN Business)The world’s wealthiest people have unfathomable riches. But there’s a huge difference between wealth and income, and that’s what makes Elon Musk’s weekend Twitter stunt, polling his followers about whether to sell 10% of his Tesla stock, both fascinating and jarring. For the uninitiated: Musk, like many ultra-wealthy heads of companies, doesn’t […]

Tesla plans fully-owned retail outlets in India

Telsa has already received government approval for four of its models to be roadworthy in India. Palo Alto-based electric carmaker Tesla has initiated talks with the government on the modalities of setting up fully-owned retail outlets. The company needs to comply with the foreign direct investment (FDI) guidelines related to single-brand retail, including local sourcing […]

Tesla plans energy trading team as company expands battery projects

Tesla shareholder lawsuit over SolarCity buy a ‘bailout’: Market executive GLJ Research CEO Gordon Johnson joins FOX Business’ Charlie Gasparino to discuss Elon Musk’s legal woes. Electric vehicle maker Tesla Inc (TSLA.O) is looking to staff an energy trading team to support its battery and renewable power projects, according to Tesla's website and an employee post on […]

Musk Denies Wanting To Be Apple CEO; Slams IPhone Maker For Monopolization

A recently published book by Wall Street Journal reporter Tim Higgins claimed Elon Musk wanted to become the CEO of Apple Inc (AAPL) back in 2016. However, Musk has denied that claim on Twitter on Friday. Tesla and SpaceX CEO Musk allegedly wanted Apple to acquire Tesla. In a phone call with Apple CEO Tim […]

Tesla writes down bitcoin holdings by $23M

Bitcoin is a ‘fundamentally volatile asset’: Market expert Tiger 21 chairman Michael Sonnenfeldt on his outlook for the markets this week, cryptocurrency and interest rates.  Tesla Inc. wrote down the value of its bitcoin holdings by $23 million in the second quarter. The company has booked $50 million of bitcoin-related impairment charges this year and […]

NYPD buys $47K Tesla Model 3 for highway patrol division

Tesla Model S Plaid debuts Tesla claims the Model S Plaid is the world’s quickest car and that the $129,990 sedan can accelerate to 60 mph in less than two seconds. The NYPD has added a new eco-friendly ride to its fleet: a Tesla Model 3, The Post has learned. LIFEGUARD, 16, SAVES WOMAN FROM […]

In EV News: Tesla Model S Plaid Launches, Battery Swapping and More

Thursday night at its assembly plant in Fremont, California, Tesla Inc. (NASDAQ: TSLA) officially launched its new Model S Plaid. The first 25 vehicles will be delivered Friday to reservation holders. CEO Elon Musk said production would begin with runs of a few hundred per week before ramping up to 1,000 per week in the […]