Electric car market
Market research on new car registrations in the US has shown an increase in the market share of electric cars in 2020 to a new record high, with Tesla and General Motors leading the ma...
Electric cars
The US House of Representatives intends to restore incentives for buyers of electric cars, which could significantly boost sales of manufacturers such as Tesla, GM, Ford and others. The new bill requi...
Cryptocurrency regulation
The adoption of bitcoin by big companies requires clear regulations to be implemented as soon as possible, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Reuters in an interview.
In her view, a...
Satellite internet service
Elon Musk's private company SpaceX has moved from beta testing its Starlink satellite internet service to a wider launch. Residents in the US, Canada and the UK can now pre-order the satellite internet service from the Sta...
The world's richest people
In recent years, the shares of famous companies are rising, and the owners of these companies are getting richer, respectively.
The fortune of Elon Musk, head of Tesla and SpaceX, rose by $11.5 billion over the week amid ...
Deliveries to China
Six days after Tesla announced the official launch of Model Y sales made in China, all pre-orders for first-quarter deliveries have been booked. In addition to China, the Model Y from the Shanghai plant will ship to Europe and Au...
Tesla's rival
Nio has unveiled its first premium sedan ET7, with delivery starting in the first quarter of 2022. The Nio ET7 on-board computer features Nvidia processors, with more processing power than the Te...
Rising shares by mistake
"Use Signal", wrote Elon Musk on 7 January. Shares in Signal Advance rose 527 per cent on Thursday and another 91 per cent on Friday, climbing from $0.6 to $7.19. Prior to that, little was known about the small company. Acco...
Indices hit record highs
US stock indices jumped to record highs in trading on Friday, ending the first working week of 2021 on the plus side. Investors all but ignored the political tensions in Washington in recent days, focusing on the prospect of...
Mars repopulation
Last year, the entrepreneur had already declared his readiness to sell all his assets. Explaining his decision then, Musk said: "Property just drags you down". The media linked such plans of the businessman to his move to Texas.
S...
U.S. stock indices rise
Major US stock indices rose on Thursday and ended trading at record highs. The Nasdaq ended trading above 13,000 points for the first time.
The US trade deficit in November 2020 widened to its highest since August 2006 at $6...
The world's richest man
Tesla CEO Elon Musk has become the richest businessman in the world. Musk's rise in shares in the electric-car maker has led the Bloomberg Billionaires Index, which tracks the fortunes of the richest peopl...
Tesla's competitors
Chinese rivals Tesla: Nio, Li Auto and Xpeng have reported a surge in electric car deliveries amid an economic recovery from the pandemic. Wall Street analysts forecast more sales ...
Indexes down
Stocks in America ended lower, the first trading day of 2021, amid worries about a rise in the number of coronavirus infections worldwide. Last Thursday, which was the last day of tradin...
Target of 500,000 cars
Less than 500 cars fell short of Tesla's goal of 500,000 cars sold, which Elon Musk has been setting for the company for several years. But Tesla did deliver on Musk's production promise.
In 2020, Tesla pr...
Ending the year with growth
The US stock market ends 2020 on an upswing despite the COVID-19 pandemic.
The Standard Poor's 500 Index jumped 66% from this year's low in March, the early days of the pandemic. Leading the gains were shares of Tesla (N...
Tesla in India
According to Reuters, citing India's Transport Minister Nitin Gadkari in an interview with The Indian Express, Tesla will "start operations" in India in early 2021. This impl...
Tesla shares in the S&P 500
Tesla shares will officially take the fifth spot on Monday's list of the largest-cap stocks in the S&P 500 benchmark index. On Tesla's first day of trading in the S&P 500, some investors decided to "lock in pr...
US trades
The US stock market ended Friday's trading in negative territory after posting record highs a day earlier. However, major indicators ended the week on the plus side, with the S&P 500 up 1.3% and the Dow Jones up 0.4%. The Nasdaq was up...
Tesla chief's condition
Elon Musk's fortune rose by $7.6bn to more than $150bn on Friday, putting him back in second place on the list of the world's richest billionaires. Tesla shares hit an all-time high ahead of next week's in...
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