Tesla Motors Inc – Page 30

How Tesla Stock Price Might Affect Markets

Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.

Mr. Musk has been building a stake in the social media company and last week made an unsolicited offer to acquire it outright.

The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.

Delays in producing the pickup have allowed rivals like Ford to beat Tesla to market with electric pickups.

The company is plugging $30 million into a start-up co-founded by one of Silicon Valley’s favorite scientists.

The electric carmaker maintained its momentum from last year even as larger automakers continue to struggle with parts shortages.

The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.

The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.

Frunks are just the start — think Cybertruck, not Focus.

German authorities cleared the plant, which was built near Berlin, to open for production. Tesla plans to build 500,000 electric cars a year there.