Tesla, Panasonic will reportedly end their joint solar cell production at Buffalo, New York factory
Jefferies slashed its rating on Tesla to hold in a late Monday call as the electric automaker's monster rally this year pushed its valuation to unsustainable levels.
While Tesla's actual electric pickup isn't expected until next year, fans of the angular truck will only need to wait until December for these models.
SpaceX is seeking about a quarter billion dollars in new funds, people familiar told CNBC, raising the valuation of Elon Musk's company.
Virgin Galactic trading has accelerated in a way that tops even the momentum behind Tesla.
Virgin Galactic's stock has been leaping to record highs in recent weeks.
After Gates said he bought himself an all-electric Porsche Taycan, Tesla's CEO took to Twitter to throw shade at the Microsoft co-founder.
Environmental activists are concerned by Tesla's plan to chop down trees to clear land for its new Gigafactory.
Space companies are racing to launch satellites into space with the aim of creating global internet coverage on Earth. But there's one big problem — "space junk."
Tesla has piqued the interest of professional and retail traders alike as they try to capitalize on the electric car maker's wild swings.
After its energy business dipped in 2019, Tesla is under pressure to ramp up hiring and production at its solar panel factory in Buffalo, New York.
U.S. stock futures were modestly higher Friday. Wall Street's ever-changing level of concern over the coronavirus swung the market lower Thursday.
Tesla said it will sell 2.65 million shares at that price, which is a 4.6% discount to its Thursday close.
"I bet it keeps going until the outbreak runs its course," CNBC's Jim Cramer says on "Mad Money."
Tesla shares jumped on Thursday after the company announced a $2 billion stock offering. Here's what five experts are watching now.
"They've got to figure out a way that they become part-software, part-car" company, NYU professor Aswath Damodaran told CNBC.
Check out the companies making headlines in midday trading on Thursday.
Elon Musk surprised the market a few weeks ago, saying Tesla would not raise capital. Instead, the company plans to raise $2 billion by selling new shares of stock. The deal makes sense as Tesla ramps EV and battery production.
"Why not take the money? The world got a lot less certain in the last 10 days" with the coronavirus, CNBC's Jim Cramer said.
"It's a smart, strategic move," said Wedbush Securities' Dan Ives.
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