On Tuesday, Cathie Wood-led Ark Invest made significant adjustments to its portfolio, offloading a substantial number of shares in Tesla Inc (NASDAQ:TSLA) and scooping up a hefty stake in Palantir Technologies Inc (NYSE:PLTR).
The S&P 500 and Nasdaq hit records, rising 0.6% and 0.8%, respectively, with help from the jump in Tesla’s share price, while the Dow industrials rose 0.4%.
Tesla’s vehicle sales slid for a second straight quarter but not as much as expected, lifting the company’s stock price by 10% at Tuesday’s close and keeping the company ahead of rival BYD as the world’s largest seller of electric vehicles.
Tesla has officially extended the deadline for its recently launched transfers of the Full Self-Driving (FSD) software, now giving car buyers an additional month to claim the special offer. In a post on X on Tuesday, Tesla’s North America…
In its latest review, the Tesla Model 3 has been called “the best electric vehicle (EV)” out there, after the upgraded 2024 version of the sedan was launched in the Europe last year. On Monday, YouTube channel One Tire Fire shared a new…
The S&P 500 closed above 5,500 for the first time as the Fed Chair announced inflation progress. Tesla shares surged 10.2% despite a drop in deliveries.
Tesla posted what Morgan Stanley called its “first positive surprise of the year” as it beat delivery expectations for Q2 by around 6,000 units. On Tuesday, Tesla reported its quarterly deliveries at 443,956, beating what Wall Street…
Tesla stock was on a roller coaster ride Tuesday. Although it had been trading up slightly over the last few days, it was still rather a surprise to see it soar as it did. Ahead of the delivery announcement, Tesla shares gained more than 6…
A driver in Mississippi put a Tesla Cybertruck on its roof in a single-car crash. While the circumstances around the incident are vague, the driver probably caused the crash all by themselves, as the EV hasn’t had its automated driving…
Tesla officially reported its second-quarter production and delivery numbers this week, and with the three-month period coming to a close, the automaker has also set its earnings call for the quarter ending in June. On Tuesday, Tesla…