Tesla (TSLA) Succeeds at Selling Model S in Key Market...And That's About It
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November 1, 2013 10:11 AM EDT
Should we apply TBTF* to auto companies, too?
Tesla Motors (Nasdaq: TSLA) saw its worst monthly performance in October following a massive surge higher in the stock price during 2013 on strong investor sentiment for CEO Elon Musk and his crew.
Data shows that Tesla gave up about $4.1 billion of market cap last month, falling from a peak valuation of $23.5 billion down to around $19.4 billion by the end of October. That's the worst monthly loss since last February and the worst since December 2010.
To put the loss into better perspective,... More
October 31, 2013 10:35 AM EDT
Good news if Tesla Motors (Nasdaq: TSLA) wants to make waves in one of the world's top emerging markets.
According to Russia's Vedomosti, the Eurasian Economic Commission has approved a proposal to waive a 19 percent import duty on electric cars,... More
October 30, 2013 6:24 AM EDT
Panasonic Corporation (OTCBB: PCRFY) and Tesla Motors (Nasdaq: TSLA) announced that the two companies have reached an agreement in which Panasonic will expand its supply of automotive-grade lithium-ion battery cells to Tesla. With this agreement, the two companies update and expand their 2011 arrangement to now supply nearly 2 billion cells over the course of four years. The lithium-ion battery cells... More
