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Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - October 24

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Tesla shares jump in third-quarter earnings even as expected revenue is lower

After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...

World - The Guardian - October 23

Tesla investors should be wary of Elon Musk’s continued irrational exuberance

Tesla investors who were elated over the many positive statements by Chief Executive Elon Musk & Co. on Wednesday should rein in some of their expectations and remember the past.

Business - MarketWatch - October 24

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.

Business - MarketWatch - October 24

Elon Musk’s Tesla Just Reminded Everyone Who Dominates the EV Market

The automaker beat Wall Street’s earnings expectations and the Cybertruck achieved profitability.

Business - Inc. - October 24

Tesla adds close to $150bn in market value on best day in over a decade

Car company sees biggest single-day stock gain since 2013 as CEO Elon Musk forecasts up to 30% in sales growth. Tesla shares closed up nearly 22% on Thursday – their biggest single-day gain in over ...

World - The Guardian - October 24

Tesla shares close at highest in 13 months as post-earnings rally continues

Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

Business - CNBC - October 25

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - October 30

Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time

The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.

Business - CNBC - 6 days ago

Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End

The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.

Business - Inc. - 5 days ago

Musk has parked his Tesla on the White House lawn

The opinionated billionaire is not on the ballot, but he has turned the US election into an effective pulpit

Business - Financial Times - 2 days ago

Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks

World - Yahoo News - Yesterday

Tesla jumps nearly 15% as Trump-backer Musk seen benefiting from White House win

Shares of Tesla surged on Wednesday after NBC News projected Donald Trump to win the election and investors bet a victory would benefit CEO Elon Musk.

Business - CNBC - 5 hours ago