Musk said that the new model will have a range of 620 miles (1,000 km) on the 200 kWh (720 MJ) battery pack and will achieve 0–60 mph in 1.9 seconds; it also will achieve 0–100 mph in 4.2 seconds,The vehicle's official announcement was at a November 16, 2017 press conference where two prototypes were shown. Jefferies analyst Philippe Jean Houchois more than doubled his target for the electric-car company’s stock price.Tesla shareholders of record on Aug. 21 will receive a dividend of four additional shares of common stock this week. And his upgrade is enough to get NIO shares moving again on Tuesday. The most expensive and best-equipped Cybertruck will have the ability to travel 500 miles on a full charge, reach 60 mph (97 km/h) in 2.9 seconds, travel a quarter mile in under 10 seconds, have a top speed of 130 mph (210 km/h) and tow 14,000 pounds (6,400 kg).Tesla claimed that the Cybertruck's "Armor Glass" windows were virtually unbreakable, but two windows shattered when a Tesla executive threw a metal ball at them during the public unveiling.The Tesla Cybertruck appeared in May 2020 on the show The Tesla Roadster is a battery electric vehicle (BEV) sports car, evolved from the In 2016, Musk indicated he hoped to one day produce a car cheaper than the Model 3:There will be future cars that will be even more affordable down the road . Despite rising political tensions, American brands have suffered little commercial fallout among Chinese consumers, enabling them to capitalize on the economic rebound in China.We set new record closes at the S&P 500 (+1%) and the Nasdaq (+1.73%). According to the terms of the settlement: Musk was removed from his chairman role at Tesla; Tesla and Musk paid civil penalties of $20 million each; two new independent directors were appointed to the company's board; and Musk agreed to have his tweets reviewed by Tesla's in-house counsel.A civil class-action shareholder lawsuit over Musk's statements is pending in the U.S. District Court for the Northern District of California.Between October 17, 2018, and November 9, 2018, five derivative lawsuits were filed in the Delaware Court of Chancery against Mr. Musk and the members of Tesla's board of directors as then constituted in relation to statements made and actions connected to a potential going private transaction. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.

Elon Musk’s SpaceX has vaulted into an elite tier of military suppliers, winning a multibillion-dollar contract that makes it one of the Pentagon’s two primary satellite-launch providers through most of the decade.If the auto giant wants to innovate—and have a shot at taking on Tesla—it needs to stop worrying about pleasing shareholders for a while. Tesla Inc. designs, manufactures, and sells high-performance electric vehicles and electric vehicle powertrain components.

TSLA | Complete Tesla Inc. stock news by MarketWatch. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing. In February 2006, Musk led Tesla's For the year 2019, Tesla posted a loss of US$862 million on total revenues of US$24.6 billion.On January 10, 2020, Tesla become the most valuable American automaker to ever exist, with a market capitalization of US$86 billion.Tesla's production strategy includes a high degree of Tesla's sales strategy is to sell its vehicles online and in company-owned showrooms rather than through a conventional dealer network. The company plans to have more than 1 million unmanned vehicles by this time.In October 2016, Tesla unveiled the Powerwall 2 with 5 kW (6.7 hp) continuous power and 13.5 kWh (49 MJ) capacity.In September 2016, Tesla announced it had been chosen "through a competitive process" to supply In February 2019, Tesla announced that it planned to acquire In addition to its corporate headquarters, the company operates multiple large factories for making vehicles and their components. The EV stocks Barron’s tracks rose about 6% Wednesday, led by an incredible 28% gain in Li Auto shares. Tesla is the first automaker that sells cars directly to consumers;In February 2019, Tesla announced that it would shut down the bulk of its stores and begin to sell cars exclusively through the internet.Unlike most traditional vehicle manufacturers, Tesla receives service revenue from customers after they purchase.Future services which have been discussed include: Tesla network,For most vehicle manufacturers, only dealers can service (and sell) the cars, and the manufacturer receives no revenue from servicing cars.In 2016, Tesla recommended to have any Tesla car inspected every 12,500 miles or once a year, whichever comes first.At the June 2018 shareholder meeting, Elon Musk confirmed that Tesla will soon start to open its first body shops in the top ten U.S. metropolitan areas, stocking some body parts, potentially allowing for same-day service.In 2012, Tesla began building a network of 480-volt Almost all Tesla cars come standard with Supercharging hardware.In December 2016, after a complaint sent to Musk via In 2014, Tesla discreetly launched the "Destination Charging Location" Network by providing chargers to hotels, restaurants, shopping centers, resorts and other full service stations to provide on-site vehicle charging at twice the power of a typical home charging station.Destination chargers are installed free of charge by Tesla-certified contractors; the locations must provide the electricity at no cost to their customers.Tesla offers the following over-the-air software upgrades after customers purchase their car: Revenue information: $603 million USD in 2013; $11.76 billion USD in 2017 Contact information: Tesla no longer reports in transit numbers.Sales by model do not add up to total, these were preliminary figures reported by Tesla.