(RTTNews) - Tesla Inc. fired an employee for "maliciously sabotaging" part of a factory last month, Bloomberg reported citing an internal email. The electric car maker informed workers at its auto plant in Fremont, California that the employee was terminated after internal inves
Tesla (NASDAQ: TSLA) stock has soared by over 4x this year and Tesla’s market cap stands at about $400 billion, compared to about $50 billion for the BMW Group. Tesla also trades at a trailing P/S multiple that is almost 40x BMWs. This comes despite the fact that BMW’s r
Tesla's upcoming quarterly report could put another $3 billion in Chief Executive Elon Musk's pocket. The electric car maker on Tuesday saw the six-month average of its stock market value hit $250 billion, a milestone toward triggering the fourth of 12 tranches of options to buy Tesla stock at a discount, granted to the billionaire in his 2018 pay package.
Tesla Inc is in talks with BHP Group about a nickel supply deal as the electric-car maker targets higher production and seeks to avoid a supply crunch, Bloomberg News reported on Tuesday, citing people familiar with the matter.
What happened
It's looking like Tuesday's stock market will be a confusing one for lithium battery investors, as stocks of all stripes move in differing directions despite little "new" news.
Tuesday brought a pause to the stock market's recent advance, as investors tried to determine how to balance all the conflicting dynamics affecting the financial markets. Rising long-term interest rates signaled greater belief that the U.S. government would succeed in providing
Tesla Inc has dissolved its media relations team in the United States, news website Electrek reported on Tuesday, in yet another unconventional move by the world's most valuable automaker.
For years, electric-vehicle investing meant one company: Tesla (NASDAQ: TSLA). Sure, Nissan had the Leaf and there were a few hybrids riding around, but Elon Musk's game-changing start-up was the only major player in the space.
Yesterday, Tesla (NASDAQ: TSLA) announced it will make a $25,000 electric vehicle sometime in the near future, and it had me feeling some deja vu from the last decade following the solar industry.
A joint battery venture of Toyota Motor Corp and Panasonic Corp on Tuesday said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV).
HONG KONG (Reuters Breakingviews) - Corporate carve-ups generally provide a spark. LG Chem’s decision to spin off its batteries business has not electrified investors so far, however. Although some hesitation is warranted, the division’s true value is lost inside a $
Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday.
What happened
Lithium mining stocks exploded higher in Monday trading. As of noon EDT, shares of Lithium Americas (NYSE: LAC) are up 9.9%, Livent (NYSE: LTHM) stock has gained 13.5%, and Piedmont Lithium (NASDAQ: PLL) is doing best of all -- up a staggering 19.3%.