Tesla share price fell 8% in extended trade after the electric vehicle (EV) maker’s net profit in the second quarter missed Wall Street estimates and reported its lowest profit margin in more than five years. Tesla shares declined 7.7% to $227.23 in after-hours trade. Tesla’s Q2 net income declined to […]
Elon Musk
Hedge funds piled into short bets against Tesla Inc. right before the electric vehicle maker unveiled a set of numbers that triggered a hefty share-price rally. About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, […]
Tesla share price jumped more than 10% on Tuesday to hit its highest level since the start of January after the electric vehicle (EV) maker’s auto deliveries beat analyst estimates. Tesla shares ended 10.20% higher at $231.26. The billionaire Elon Musk-led Tesla said it delivered around 443,95 vehicles worldwide in […]
Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]
This will mark the second time shareholders have a say on this plan for the chief executive officer’s compensation. The measure easily passed in 2018, but in January a judge in Delaware, where Tesla is incorporated, struck it down, saying that investors weren’t fully informed of key details. Under the plan, Musk was eligible for as […]
– Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” […]