FTSE 100 today: London markets set to shine green, riding global upward momentum Markets Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.
Tesla’s stock skyrockets 13 per cent after announcing speedier launch of ‘more affordable’ models Markets Tesla's stock soared by over 13 per cent in after-hours trading, marking a significant rebound from its lowest point in 15 months.
Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ Investment Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’ April 15, 2024 Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."
Are Tesla and Apple losing the big tech war? Here’s how Microsoft, Meta, Amazon, Nvidia and Alphabet compare April 6, 2024 Tesla has tanked over 30 per cent while Apple is down roughly nine per cent since year to date, compared to the S&P 500 which has risen.
Tesla misses delivery targets by over 60,000 cars as growth grinds to a halt April 2, 2024 Tesla missed the consensus Wall Street estimate of 449,080 deliveries by more than 62,000, its largest margin to date.
Elon Musk to hold ‘immediate’ shareholder vote on moving Tesla fully to Texas February 1, 2024 Elon Musk has said Tesla will "move immediately" to hold a shareholder vote to transfer the company's state of incorporation to Texas.
Musk’s ‘unfathomable’ $56bn Tesla pay package overruled by US judge January 31, 2024 A Delaware judge has ruled in favour of investors who contested Elon Musk's $56bn (£44.2bn) Tesla pay package, deeming it excessive.
The hedgies who sniffed out Wirecard have a new target: the AI bubble January 23, 2024 A hedge fund which looks for companies with 'funny smells' thinks 'AI euphoria' is skewing valuations
Investors ready for Tesla update as Musk eyes bigger stake January 21, 2024 Elon Musk's Tesla is gearing up to release its fourth quarter results on Wednesday as Musk is vying for a larger stake.