Tesla Motors Inc. (Nasdaq: TSLA) announced this week that customers in China can start purchasing Model S sedans through Alibaba Group Holding Ltd.'s online-payment platform Alipay.
For now, the Alibaba partnership should make purchasing a Tesla vehicle online easier for Chinese consumers.
In a public event today (Tuesday), Tesla Motors Inc. (Nasdaq: TSLA) CEO Elon Musk hand-delivered China's first Model S sedans to customers in Beijing.
Selling vehicles in China marks a major milestone for the company as it continues to raise its global sales goals. As the world's largest auto market, the potential in China is huge for Tesla.
When you think about Tesla Motors, do you consider it an auto company or a tech company?
If you're having a tough time choosing, you're not alone. A lot of investors and analysts are getting tripped up by Tesla's unusual hybrid nature as a maker of innovative electric cars.
That confusion explains why Tesla has been such a volatile stock.
Tesla Motors Inc. (Nasdaq: TSLA) stock rebounded from March losses today when it reached a two-week high of $235.73 in early trading. The stock has since pared its gains, but is trading up almost 9% on the week.
If you live in New Jersey and want to purchase a Tesla Motors Inc. (Nasdaq: TSLA) signature Model S, you have until March 31 to do so.
Tesla Motors Inc. (Nasdaq: TSLA) stock has seen a meteoric rise since its initial public offering in 2010 - up more than 1,200% in less than four years.
In 2014, TSLA stock has climbed nearly 70%, and in the past 12 months it's up 618%.
Tesla Motors Inc. (Nasdaq: TSLA) stock is up 622% in the last year and 66% in 2014. TSLA hit another all-time high last week following the announcement of the Tesla Gigafactory, which could revolutionize the lithium ion battery market.
Trading around $250 per share, investors are wondering what to do with Tesla stock.
He's the man behind Tesla Motors Inc. (Nasdaq: TSLA), SolarCity Corp. (Nasdaq: SCTY), and PayPal, but despite his fame, many still ask themselves "Who is Elon Musk?"
The quote from Musk's 2013 "TED Talks" interview gives a glimpse of the $7 billion man and what has driven him in his career.
"It goes back to when I was in University, I thought about what problems are most likely to affect the future of the world," Musk said. "I think it's extremely important that we have sustainable transport and sustainable energy production. That overall sustainable energy production is the biggest problem we have to solve this century."
That forward-thinking attitude is what has led Musk throughout his career...
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...
Tesla Motors Inc. (Nasdaq: TSLA) stock reached its all-time high yesterday (Tuesday) of $202.20 shortly after the market opened. That was after setting another record high on Monday of $196.
TSLA stock has been on fire this year, up nearly 31% in 2014. More impressive, that rally has occurred during a market sell-off that's seen the Dow Jones Industrial Average and the S&P 500 dip 3.6% and 1.5% respectively.
See why Nasdaq: TSLA could be one of the best investments for 2014...
The biggest automakers have come out with earnings and sales news this week, giving investors a better idea of the best auto stocks to buy now.
General Motors Co. (NYSE: GM) recently announced it will reinstate its quarterly dividend. Toyota Motor Corp. (NYSE ADR: TM) was the top retail brand in the United States in 2013. Tesla Motors Inc. (Nasdaq: TSLA) announced that it will be "upgrading" 30,000 Model S power adapters.
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Today (Tuesday), Money Morning Defense & Tech Specialist Michael A. Robinson appeared on FOX Business' "Varney & Co." to discuss whether the most interesting companies of 2013 will make for next year's best investments.
The four "interesting" companies highlighted by host Stuart Varney: Amazon.com Inc. (Nasdaq: AMZN), Netflix Inc. (Nasdaq: NFLX), Twitter Inc. (NYSE: TWTR), and Tesla Motors Inc. (Nasdaq: TSLA).
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Stock Market News Today, Dec. 27: U.S. stocks are yet again forging higher in this post-Christmas holiday. As of 10:30 a.m., the Dow Jones Industrial Average is up 22.5 points, or 0.14%, at 16,502.38. The Standard & Poor's 500 Index is up just 1.89 points, or 0.10%, at 1,843.91. The Nasdaq is up 2.70, or 0.06%, at 4,169.88.
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Tesla Motors Inc. (Nasdaq: TSLA) has seen a meteoric rise of 410% since the start of 2013, and the electric automaker is set to announce its third-quarter earnings tomorrow (Tuesday) after market close. TSLA climbed 8% today to $175.18 ahead of the report.
Analysts predict earnings of $0.11 per share for the electric automobile manufacturer. The California-based company suffered an earnings loss of $0.92 per share in the third quarter of 2012.
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