Tesla CEO Elon Musk has said that its electric vehicle company is planning to invest over $10 billion in Gigafactory Texas and will eventually employ 20,000 workers.
Deliveries at Tesla's Shanghai Gigafactory came in at 413,283 vehicles in the first 11 months of this year
Tesla shares have rebounded 9.4% after initially slumping following Musk's Twitter poll.
JPMorgan claims the Aug 7, 2018 tweet amounted to a significant corporate transaction that allowed it to adjust the strike price
Rivian is the world's fifth-largest automaker by market cap having delivered only a few electric vehicles to customers
The world's richest person so far has disposed of more than 4.5 million shares this week
The move gives billionaire cash to pay for the tax bill associated with the exercising of the options.
Musk tweeted on Saturday that he would offload 10% of his stake if users of the social media network approved the proposal
The Dow Jones Industrial Average was up 170.49 points, or 0.47%, at 36,498.44
Tesla Inc CEO Elon Musk should sell about 10% of his Tesla stock, according to 57.9% of people who voted on his Twitter poll
This week, Tesla surpassed $1 trillion in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.
The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday
The stock rallied 12.7% on news that Tesla landed its biggest-ever order from rental car company Hertz
Record sales last summer propelled Tesla to the biggest quarterly net earnings in its history
Electric vehicle maker Tesla's Autopilot results in a noticeable decrease in driver attention when activated, finds a new report.
Electric vehicle company Tesla's CEO Elon Musk has said that the upcoming Tesla Roadster "should ship in 2023"
Tesla is in talks with at least three Indian suppliers to source critical parts as part of its plans to enter the Indian market
Billionaire says the robot would be able to handle jobs from attaching bolts to cars with a wrench, or picking up groceries at stores.
The departments have also asked Tesla for its thoughts on importing fully built cars versus so-called knocked-down units or partially built vehicles
Tesla posted record vehicle deliveries in the second quarter, and the price increases in North America boosted quarterly profits to a record.