Category: Tesla’s

Tesla’s Megapack powers its small, but growing energy storage business
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Tesla’s Megapack powers its small, but growing energy storage business

Tesla’s energy storage business picked up steam in the second quarter and even played a minor role in the company’s fourth consecutive quarter of profitability, according to earnings reported Wednesday. Commercial and residential energy storage sales as well as solar are still mere slices of Tesla’s overall business, which is largely dominated by automotive. However,…

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Tesla’s 17% Plunge is Just the Beginning – Expect More Pain
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Tesla’s 17% Plunge is Just the Beginning – Expect More Pain

Shares of the electric car maker dropped big time yesterday. TSLA recorded its three largest daily trading volumes over the last three days, which indicates that the stock has topped out. Other traders claim that it is too early to say whether TSLA’s parabolic run is over. Tesla (TSLA) shocked investors yesterday as it plunged…

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Tesla’s 12% Surge Is Burning Short-Sellers as Stock Shatters New All-Time High
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Tesla’s 12% Surge Is Burning Short-Sellers as Stock Shatters New All-Time High

Tesla’s stock price surges 12% Thursday morning en route to fresh record highs. The rally follows an upbeat earnings report that shows Tesla is on course to deliver 500,000 vehicles this year. By comparison, the technology-focused Nasdaq Composite Index plunged more than 1%. Shares of Tesla Inc. (NASDAQ:TSLA) skyrocketed Thursday after the electric vehicle manufacturer…

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