Elon Musk, the CEO of Tesla, saw his net worth jump by a whopping $26 billion in just one day. This massive increase came after Tesla’s stock had its best day since 2013, making Musk even wealthier. He now has an estimated net worth of $269 billion, which is more than $50 billion more than his friend and former Tesla board member, Larry Ellison. Musk owns a signific...
On Thursday, Elon Musk's net worth saw a massive boost. Tesla's stock had a fantastic day, with shares jumping by 22%. This surge followed the company's latest earnings report, which showed some positive results. Investors were pleased with Tesla's strong profit margins, earnings per share, and net income. The company also hit a new low in its cost per goods sold. M...
On Friday, Tesla's stock price hit its highest point in more than a year. This followed a substantial rise the day before, making it the best two-day performance since 2013. Investors were thrilled with the company's third-quarter results. Tesla shares jumped 2. 8% on Friday morning, reaching $267. 79. This meant the stock was on track to close at its highest since ...
Tesla is making investors happy again after a dip. Shares jumped 16%, one of the best performances ever. Analysts from Bank of America and Goldman Sachs are sharing insights into Tesla's impressive earnings report. Tesla's auto gross margin, excluding regulatory credits, was 17. 05% in the last quarter. This beat expectations of 14. 90%. Why the jump? Bank of Americ...
Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy. Tesla's shares shot up by 14. 5% after the electric vehicle (EV) make...
Tesla is gearing up to share its latest earnings report this Wednesday. This quarterly check-in is always exciting because it lets investors ask Tesla's CEO, Elon Musk, about his plans. One hot topic is how Tesla will bump up sales of its older electric cars while exploring artificial intelligence and robotics. Take the new Cybercab, for example. It's a self-driving ...