Tesla leaves rivals in the dust as shares surge continues

Tesla shares continued their meteoric rise this past week, scoring yet another record high and further expanding the distance between the Silicon Valley electric car maker and its traditional auto industry rivals.Tesla shares rose to US$2,290 in midday trading before levelling out at $2,240, the highest price since the company went public at $17/share in[...]

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Tesla just made its one-millionth car

Tesla has produced one million electric cars, the company’s CEO Elon Musk announced on Twitter. Musk made the announcement by sharing a picture of the car, a red Model Y, and congratulated the Tesla team on hitting the milestone. It’s a significant moment for an automaker that was only founded in 2003.Tesla released its first[...]

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Tesla crosses $100 billion stock market valuation in extended trading

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price at which Chief Executive Officer Elon Musk had tweeted he would take the[...]

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Mercedes challenges Tesla in Electric Car lineup

Spy photos of the Mercedes-Benz EQS flagship EV were captured this week. The images are a reminder that Daimler is moving step by step toward an entire electric lineup – while the EV world fixates on the glittering Cybertruck. The Mercedes EQS large sedan (and EQC crossover before it) are paving the way to models[...]

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Elon Musk expands into Europe building Giant Factory in Germany

Tesla CEO Elon Musk made it official on Tuesday -- the electric car company plans to build a ‘Gigafactory,’ and engineering and design center in Berlin, Germany. The facility would be Tesla’s fourth, following the first Gigafactory battery plant in Nevada, near Reno; a factory that makes charging equipment and power electronics in Buffalo, New[...]

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You won’t believe why Tesla Shares Rise this Week!

Tesla shares surged Tuesday after the electric auto maker said it shattered its previous production and delivery records during the second quarter, soundly beating analysts’ estimates. The company’s stock jumped by about 7% in after-market trading. Tesla also hinted at a strong third quarter, saying it’s entering the period with a backlog of orders. CEO[...]

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