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Tesla Shares Fall 1.8% Premarket as China Woes Grow
Shares of Tesla are down around 1.8% in premarket trading as widespread protests against zero-Covid policy in China pick up pace.
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Tesla
Best Stocks
Tesla Shares Dip 4% Premarket on Reports of Reducing Shanghai Output
Tesla's stock is down in premarket trading as the carmaker is reportedly planning to cut output at its Shanghai plant amid weaker demand.
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Musk to Appear in Court Over $56B Tesla Pay Package: Report
Musk is expected to appear in court this week to defend his $56 billion pay package from a Tesla shareholder.
Market Analysis
Elon Musk Has Sold $20B Worth of Tesla Shares Since Investing in Twitter
Elon Musk has sold another 19.5 million of his Tesla shares in a recent transaction worth $3.95 billion.
Latest
Tesla Reports $170M Impairment Loss on its Bitcoin Holdings in 10-Q Filing
Tesla reported an impairment loss of $170M on its BTC holdings.
Market Analysis
Elon Musk’s Lawyers Say Twitter is Hiding Staff that Calculate Bot Data
Some suggest Musk has sold $6.9 billion of Tesla shares in order to be prepared if he is forced to close the Twitter deal.
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Tesla Subpoenaed by SEC Over Musk’s Tweets During Twitter Deal
Telsa received a second subpoena by the SEC in June over Elon Musk's tweets.
Crypto
Tesla Continues to HODL 100% of its Dogecoin
Tesla hasn't sold any of its Dogecoin reserves, said the company's CEO Elon Musk.
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SEC Chair Gary Gensler Warns About New “Inverse Tesla” ETF
AXS Investments launched the first leveraged single-stock ETFs Thursday, but the products attracted criticism from the SEC, citing "particular" risks.
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Tesla’s Gigafactory in Shanghai Restarts as COVID Lockdown Ends: Output at 70%
Weekly output from Tesla’s Shangai factory hits 70% of pre-covid 19 lockdown levels as Beijing authorities offer assistance.
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Elon Musk Puts Twitter Deal On Hold, as Tesla Shares Plunge
Experts believe Elon Musk might be trying to buy Twitter at a lower price as his Tesla shares continue to depreciate.
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After Making $156M with Delayed SEC Filing, Elon Musk Wants Twitter’s HQ to be a Homeless Shelter
Elon Musk delayed disclosing his stake in Twitter by 11 days, potentially buying the shares at an artificially low price.
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Tesla Records 2nd Profitable Year, Still Holding 42,000 BTC
Tesla reveals fourth-quarter earnings which surpass analysts initial estimates despite the supply chain crises that plagued the global automobile industry.