To The Moon

EV maker marks down key models to pull off record quarterMany analysts are nevertheless bracing for a 2024 declineThe carmaker added more than $733 billion in market capitalization fromElection Daythr

Tesla is due to report its electric vehicle delivery numbers for the final quarter of 2024 on Jan. 2.Deliveries are on track to decline on an annual basis for the first time since the company launched the Model S in 2011.Investors are excited about the company's future in autonomous driving, but its stock is extremely expensive at the moment.Shares of Tesla declined by 42% in the first few months of 2024. As of this writing, it's now up by a whopping 86% year to date, and it recently surpassed i

Tesla is due to report its electric vehicle delivery numbers for the final quarter of 2024 on Jan. 2.Deliveries are on track to decline on an annual basis for the first time since the company launched the Model S in 2011.Investors are excited about the company's future in autonomous driving, but its stock is extremely expensive at the moment.Shares of Tesla declined by 42% in the first few months of 2024. As of this writing, it's now up by a whopping 86% year to date, and it recently surpassed i

Tesla stock gained 1.5% in premarket trading after a 7% rally in prior session.US carmaker $Tesla$ said the construction of its Shanghai mega factory will be completed at the end of the year, Xinhua reported Wednesday.The factory will produce 10,000 units of Tesla's energy-storage batteries, Megapack, every year after its production begins in the first quarter of 2025.The batteries to be produced will have an energy storage equal to about 40 gigawatts.About 1.45 billion yuan was invested into th