Elon Musk’s fortune increased by $11 billion.
Tesla CEO’s Wealth Rebounds Elon Musk’s net worth has increased by about $10.6 billion to $145.2 billion since his speech on Friday, according to the Bloomberg Billionaires Index, the largest…
Tesla demand problems: a terrible start to the year
Tesla shares fell 8.2% in the first week of 2023. For the first time in more than a year, growing concerns about declining demand for Tesla Inc.’s electric vehicles caused…
Tesla offers Chinese buyers more subsidies.
Subsidies reach $860 per purchase. In its most recent effort to boost sales in the world’s largest market for electric vehicles, Tesla Inc. is providing additional incentives to Chinese customers…
Elon Musk lost $100 billion this year.
Automaker’s wealth plummets in 2022 Tesla Inc. dropped to its lowest point in two years, and Elon Musk will lose more than $100 billion in 2022. Elon Musk lost the…
Tesla shares plunge as sales fail.
Car delivery becomes an unforeseen problem. Elon Musk reassured investors that there is still solid demand for the vehicles produced by his company after Tesla Inc. reported sales that fell…