The Tesla stock price is down nearly 2% this morning a day after Tesla Motors Inc.'s (Nasdaq: TSLA) fifth annual shareholder meeting in Mountain View, Calif.
The biggest news from the shareholder meeting was the announcement that company CFO Deepak Ahuja will be retiring in 2015. He's been with the company since 2008.
Tesla Motors Chairman and Chief Executive Officer Elon Musk has never shied away from the public eye.
This has many wondering why a SpaceX IPO hasn't happened yet.
But in a new book on Musk, we get a glimpse into why investors can't yet buy SpaceX stock...
With many analysts bullish on SCTY stock right now, should investors buy it?
The short answer: Probably not. But you can't blame investors for being tempted by SolarCity Corp. (Nasdaq: SCTY) shares. Solar power is an industry growing at a very fast pace.
And while SolarCity is taking advantage of that growth, there's a darker side to this story.
Before you buy SCTY stock, you need to read this…
Eager investors want to know if SpaceX stock is any closer to hitting the market - possible IPO in 2016? - especially after today's news out of Florida...
Last night on Dec. 21, SpaceX accomplished a historic landing that changed the landscape of American space travel. Imagine the returns if you owned a chunk of SpaceX stock the day its Colonial Transporter touches down on Mars?
Elon Musk has the world buzzing after announcing that Tesla Motors Inc. (Nasdaq: TSLA) would be revealing a top-secret new product line - that's not a car - on April 30. While Musk is keeping things quiet till then, Michael may have the answer to that mystery.
See what Michael discussed on Fox Business, watch the video.
Tesla CEO Elon Musk hinted via tweet Sunday at a breakthrough that would eliminate electric car drivers' greatest fear.
The Model S is already fantastic in terms of range compared to its electric competitors. Each of the four variations delivers ranges between 208 and 270 miles per charge, compared to competitors' 100 miles per charge.
Still, the news was well-received by investors - Tesla stock shot up 3.72% Monday.
When billionaire entrepreneur Elon Musk founded his private spaceflight company SpaceX back in 2002, he had two goals in mind: to reduce the cost of space transportation, and to colonize Mars. Mars colonization may sound farfetched, but Musk is serious. He hopes to send humans to Mars' surface within 10 to 20 years. Later this year, he'll unveil a Mars Colonial transporter.
While Musk says he wants to go to Mars because he loves tech and it'd be an "awesome" feat, that's not the driving force behind his work...
You see, Musk believes it's the best way to prevent the extinction of humankind.
But from exactly what?
A month ago, one Redditor may have pieced it together...
Tesla (Nasdaq: TSLA) and another market leader are coming together in California to tackle the solar power industry's biggest roadblock.
And half a world away, an entire country has announced a major push to provide 15% of its electricity needs from renewables in just a few short years - starting with solar power.
Here's the scoop on the impending solar power boom...
Tesla stock took a beating today.
Tesla Motors Inc. (Nasdaq: TSLA) stock had fallen 5.4% by 1:55 p.m. EDT to $201.20 a share.
And culprit is clear: weak Tesla earnings. Here’s why the company is facing a lot of headwinds…
More than 3 billion people on Earth still have no or poor access to the Internet. Elon Musk wants to build a network of hundreds of low-orbiting satellites that will deliver high-speed, low-cost Internet to the most remote places on Earth.
But he won't be building this "Space Internet" alone. One tech company is already helping him make his dream a reality.
Here's the company poised to reap big gains by helping Musk...
The new Tesla Model S - the P85D - has a suspiciously Batmobile-like feature.
It's the latest automotive invention called "Insane Mode." With the click of a button, riders accelerate from zero to 60 MPH in a little over three seconds. It's the stuff of Lamborghini Diablos (zero to 60 mph in 4 seconds) and McLaren F1 supercars (zero to 60 mph in 3.2 seconds).
Watch a video of thrilled riders reacting when the "Insane Mode" button is pushed...
Tesla Motors Inc. (Nasdaq: TSLA) stock tumbled Wednesday after CEO Elon Musk said the company might not be profitable until 2020 and that sales slowed in China amid charging concerns.
Tesla stock slumped some 9% to $185 (yesterday's low) on brisk volume right out of the gate. Shortly before noon, TSLA was down 7% at $190.
Here's a closer look at why Tesla stock is down - and what it means for investors moving forward...
SpaceX founder and CEO Elon Musk took time out Jan. 5 for an interactive "Ask Me Anything" (AMA) session on Reddit.
Musk, also CEO and founder of Tesla Motors Inc. (Nasdaq: TSLA), and cofounder of PayPal Inc., was peppered with questions from Reddit users. The online Q&A session attracted more than 8,000 comments over a few hours. Questions ran the gamut from personal to technical to trivial.
Why did so many hop on to Musk's AMA? Musk is a visionary. He was at the forefront of the digital payments revolution with PayPal. He shook up the traditional auto market with Tesla's luxury electric car line. He has transformed space travel with SpaceX. Indeed, NASA awarded SpaceX a $2.6 billion contract in September 2014 to transport U.S. astronauts to and from the International Space Station.
Elon Musk is a busy man. He's the CEO of electric-vehicle pioneer Tesla Motors Inc. (Nasdaq: TSLA), the solar-power company SolarCity Corp. (Nasdaq: SCTY), and the private space transport company SpaceX.
With so much to do, one thing Musk doesn't spend time worrying about is the short-term performance of TSLA stock.
Investors shouldn't be concerned with short-term either. Because Musk is absolutely focused on the long-term success of the company and stock.
After hitting a high of $291.42 on Sept. 4, Tesla Motors Inc. (Nasdaq: TSLA) stock has fallen precipitously. In just six weeks, the TSLA stock price has dropped 24.8% at today's low of $219.10. But this sell-off is not a panic signal.
