Tesla, Inc. plans to invest billions of dollars to increase its cell production to support the growing market for grid-scale energy storage systems. While lithium-based energy storage systems have pro

Why Are Stocks Down Today?

09:32am, Wednesday, 31'st May 2023
Major stock market indices are down on May 31 as investors await the fate of a debt ceiling deal hammered out by President Joe Biden and House Speaker Kevin McCarthy. An hour before trading began, the

Tesla Is Doing Something It Has Never Done Before

08:45am, Wednesday, 31'st May 2023
Tesla has never spent on advertising. Falling demand for Tesla vehicles may be a reason for this switch.
Cathie Wood picks this stock for her AI play in the ARK Autonomous Technology & Robotics ETF (ARKQ).
Ark Invest CEO Cathie Wood said Tesla could be a big winner from artificial intelligence.  The investor also defended her support for Elon Musk's carmaker, saying its stock isn't overpriced.
Elon Musk's visit to Beijing is spotlighting China's place in the global electric vehicle markets.

Ford Hits A Homerun With Tesla Partnership

02:13am, Wednesday, 31'st May 2023
Ford and Tesla announced a partnership allowing Ford EV customers to access Tesla's fast-charger network, boosting the appeal of Ford's electric vehicle line-up. The deal integrates some of largest pu
Anthony Sassine of KraneShares says Tesla CEO Elon Musk wanted to "set the story straight" and make sure it's "on the same page" as the Chinese Communist Party.

Elon Musk visits China's commerce ministry

09:44pm, Tuesday, 30'th May 2023
Tesla Inc CEO Elon Musk kicked off his second day in China with a visit to the country's commerce ministry on Wednesday morning.
"Tesla, many people think, is an auto stock. We don't. We think it's much more than that.
A lengthy investigation by the National Highway Traffic Safety Administration into a gaming feature Tesla had in some vehicles just recently came to an end.
The Dow fell, the Nasdaq rose and the S&P 500 was virtually unchanged on Monday, May 30, 2023, as the debt ceiling deal goes to Congress for approval
China was the biggest market for Tesla's Model Y electric sport utility vehicles, helping it become the world's top selling vehicle in the first quarter of this year, according to data from market res
Federal regulators have closed an investigation into Tesla for allowing in-dash gaming while its vehicles were moving. The U.S. National Highway Traffic Safety Administration launched the investigatio
Yahoo Finance automotive reporter Pras Subramanian discusses Tesla's Model Y becoming the world's first best-selling EV car, beating Toyota's Corolla, as well as Toyota vehicles popularity.
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