U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
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Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
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Text size Elon Musk, CEO of Tesla and SpaceX, poses on the red carpet when he arrives at the 43rd “Goldenes Lenkrad” (golden flyer) on November 12, 2019 in Berlin. Photo by Tobias SCHWARZ / AFP AFP via Getty Images Tesla CEO Elon Musk is, frankly, a huge follower of …
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Text size Breaking even seems possible for the second quarter, according to a leaked email from Tesla CEO Elon Musk. That is fueling a mini rally in Tesla stocks. A big enough profit in the second quarter could cause Tesla shares to join the S&P 500. Sean Gallup / Getty …
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