SpaceX Nears $150B Valuation After Secondary Share Sale - CNBC

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Tesla (TSLA) files lawsuit against Cap-XX over EV battery technology

July 17, 2023 2:55 PM EDT

Tesla (NASDAQ: TSLA) filed a lawsuit against Cap-XX, an Australian company, in a federal court in Texas Friday. According to Tesla, Cap-XX's supercapacitors, which are utilized to store energy in electric-vehicle batteries, violate two U.S. patents owned by a Tesla... More

Tesla (TSLA) directors to pay $735M in overcompensation lawsuit

July 17, 2023 2:35 PM EDT

According to a recent filing in a Delaware court on Monday, Tesla (NASDAQ: TSLA) directors, including Oracle co-founder Larry Ellison, have agreed to return $735 million to the company in a settlement that aims to resolve allegations that they significantly overcompensated themselves, making it one of the most substantial shareholder settlements of its... More

Tesla (TSLA) estimates raised at Wells Fargo ahead of 2Q release

July 17, 2023 8:04 AM EDT

Wells Fargo reiterated an Equal Weight rating on Tesla (NASDAQ: TSLA) and raised their 12-month price target on the stock to $256.00 (From $170.00) ahead of the electric vehicle makers 2Q earnings release and webcast.

Tesla is scheduled to report 2Q results on Wednesday, July 19th. According to Wells Fargo anticipates... More

Tesla (TSLA) begins sale of Model Y in South Korea

July 14, 2023 8:18 AM EDT

Tesla (NASDSAQ: TSLA) opened sales for their Model Y rear wheel drive electric vehicle in South Korea Friday. A move that is expected to further accelerate the adoption of electric vehicles in the country.

As per the company's website, the listed price for the Model... More