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Tesla

Concerned about fossil fuel use, Tesla will stop accepting Bitcoin for car payments

by David Brancaccio and Nova Safo
May 13, 2021
"We could have told him about Bitcoin and energy use. Why has Musk changed his mind now?"
Tesla CEO Elon Musk tweeted the news on Wednesday, citing environmental concerns.
Saul Martinez/Getty Images
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Tesla buys $1.5 billion in Bitcoin, says it will soon accept the cryptocurrency as payment

by Associated Press
Feb 8, 2021
Bitcoin spiked 14% and appeared to briefly hit a new all-time high. Shares of Tesla moved higher as well.
The California company revealed the new strategy in a filing with the U.S. Securities and Exchange Commission early Monday.
Frederic J. Brown/AFP via Getty Images
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COVID-19

Analysts say Tesla has been delivering, despite the pandemic

by Samantha Fields
Oct 21, 2020
Quarterly earnings may also reflect how important China has been as a market for the company's electric vehicles.
Justin Sullivan/Getty Images
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Tesla promised a big announcement on batteries. Now its stock is tumbling.

by David Brancaccio , Kristin Schwab and Alex Schroeder
Sep 23, 2020
The announcement fell short of what investors were expecting.
The manufacturing plan for these new batteries isn’t done and we won’t see them in Teslas for a few years.
Spencer Platt/Getty Images
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Why Apple and Tesla are splitting stocks

by Janet Nguyen
Aug 31, 2020
Investors will see more shares, but at a lower price.
Alastair Pike/AFP via Getty Images
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What might PG&E — and its customers — get from partnering with Tesla?

by Andy Uhler
Jul 30, 2020
They've broken ground on a battery facility that could help the utility meet state energy storage requirements.
The more efficient storage facility should make it cheaper for PG&E to produce energy, which should, eventually, trickle down to ratepayers.
Kevork Djansezian/Getty Images
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Tesla's next quarterly earnings could make it eligible to join the S&P 500

by Justin Ho
Jul 20, 2020
What does joining the stock index mean for a company?
Joining the S&P 500 could help boost Tesla stock prices and help the company raise cash.
Justin Sullivan/Getty Images
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Electric vehicle makers surge on investor optimism

by Scott Tong
Jul 15, 2020
Investors believe EVs are closing in on the internal combustion engine in terms of driving range and cost of ownership.
Nissan COO Ashwani Gupta, left, and CEO Makoto Uchida at the digital world premiere of the company's new electric SUV, the Ariya.
Nissan
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COVID-19

Elon Musk says he's defying government orders, reopening Tesla assembly plant

by David Brancaccio , Nova Safo and Alex Schroeder
May 12, 2020
The plant is situated in a California COVID-19 hot spot.
Musk has also threatened to move his operation out of California altogether.
Philip Pacheco/AFP via Getty Images
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COVID-19

Elon Musk and Tesla report a profit for the first quarter, despite COVID-19

by Jack Stewart
Apr 30, 2020
It's the automaker's third profitable quarter in a row.
Musk told investors Wednesday that the company is "pedal to the metal" on expansion right now.
Win McNamee/Getty Images
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