Tesla just set a new record high. Now it wants to dump $5B in stock Tesla is ready to for more cash It’s hard to blame Tesla. Why not cash in when the price is high? After all, Tesla is now one of the largest companies in the world, having exploded into the top 10 this year. Just six US-listed stocks boast bigger market values than Tesla: Alibaba, Facebook, Alphabet, Amazon, Microsoft, and Apple....
As you might have heard, Tesla is going to remove radar sensors from its North American market Model 3 and Model Y EVs. And it’s already causing problems for the carmaker. Yesterday, the National Highway Traffic Safety Administration (NHTSA) removed certain safety designations for vehicles produced after April 27. The safety body does not give its “check mark” for forward collision warning, lane departure warning, crash imminent braking and dynamic brake support,Reuters reports....
Tesla makes its S&P 500 debut in exactly 4.20 weeks … and it’s making Wall Street insiders nervous Tesla is bigger than Visa, but not quite as big as Berkshire Lau has a point. Tesla is already one of the biggest companies in the world. If Tesla was part of the S&P 500 today, it would be the index’s seventh biggest company, ahead of industry giants Visa, Walmart, Johnson & Johnson, and JPMorgan Chase....
Tesla is to make yet another change to its referral program, sources toldElectrek. Having spent over $23 million in free Supercharging miles last quarter alone, the company is seriously rethinking its reward policy. Tesla launched the program back in 2015 to promote its vehicles through its user base. But giving credit or prizes to new buyers and owners who referred new sales proved to be too costly. In 2019, it even ended up promising 80 new Roadsters for free to customers with enough referrals, which prompted Elon to kill the program....
March’s EV sales figures for Europe are starting to come in, and would you believe it, the Tesla Model 3 is back on top. The Tesla Model 3 was the number one selling EV in Germany, France, and the Netherlands, according to figures shared byEV-Salesblog. [Read:3 new technologies ecommerce brands can use to connect better with customers] Germany In Germany, 3,699 Tesla Model 3s were sold in March. The second most popular EV was the VW e-Up!...
