Tesla Motors Inc. (Nasdaq: TSLA) company officials announced in a filing today they will be issuing an additional $500 million worth of Tesla stock. That breaks down to about 2.1 million shares of Tesla stock.
TSLA shares are up more than 2% today on the news.
Here's everything investors need to know about Tesla stock now...
Tesla Motors Inc. (Nasdaq: TSLA) company officials announced in a filing today they will be issuing an additional $500 million worth of Tesla stock. That breaks down to about 2.1 million shares of Tesla stock.
TSLA shares are up more than 2% today on the news.
Here's everything investors need to know about Tesla stock now...
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…
When Tesla Motors Inc. (Nasdaq: TSLA) first announced its plans for the "Gigafactory," the company listed four states as possible homes for the world's largest lithium-ion battery factory: Arizona, Texas, Nevada, and New Mexico.
One month later, no final decision has been made, but one state is making the strongest push.
It now appears that rumors Apple Inc. (Nasdaq: AAPL) had an acquisitive eye on Tesla Motors Inc. (Nasdaq: TSLA) were just that - rumors.
But the two companies have been talking, and almost surely about the planned Tesla Gigafactory, an enormous rechargeable battery production plant projected to open in 2017 and cost at least $5 billion.
Tesla Motors Inc. (Nasdaq: TSLA) Chief Executive Officer Elon Musk had been hinting at the Tesla Gigafactory for months, and this week he delivered more of the information investors have been craving.
Tesla Motors Inc. (NASDAQ: TSLA) has narrowed its location search for the new "Gigafactory" to sites between 500 and 1,000 acres in Arizona, New Mexico, Nevada, and Texas. The plant is projected to open in 2017 and will cost up to $5 billion.
The Gigafactory will employ approximately 6,500 and will reach full output capacity by 2020. At that point, the plant will be able to supply power for more than 500,000 vehicles annually.
Tesla stock jumped higher after the innovative automaker posted strong on earnings last night. But that wasn't the only reason that investors are excited. The company also delivered a tantalizing outlook for the coming year.
This is what 2014 holds for Tesla...
