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Tesla issued US$2 billion of new shares on February 18, 2020. [181] From July 2019 to June 2020, Tesla recorded four profitable quarters in a row for the first time, which made it eligible for inclusion in the S&P 500. [182] On August 12, 2020, Tesla announced a 5-for-1 stock split, which took effect on August 31, 2020. [183]
The deal's announcement resulted in a more than 10% drop in Tesla's stock price; at the time, SolarCity was facing liquidity issues. [142] Multiple shareholder groups filed a lawsuit against Musk and Tesla's directors, stating that the purchase of SolarCity was done solely to benefit Musk and came at the expense of Tesla and its shareholders.
Tesla most recently shared that a fleet of driverless vehicles should begin to hit markets as soon as 2025 or 2026. Tesla stock has surged over 1,000% over the past five years.
I moved to Halifax, Nova Scotia, from Toronto in February 2018. At the time, Tesla (NASDAQ:TSLA) was trading at $69 a share. If only I had bought a few hundred shares of TSLA stock back then ...
But to CEO Elon Musk, investors really need to answer only one question when it comes to judging what the stock is worth. "The value of Tesla overwhelmingly is autonomy," Musk said when asked on ...
Elon Musk in 2022. Elon Musk is the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [1] and $397 billion according to Forbes, [2] primarily from his ownership stakes in Tesla, Inc. and SpaceX. [3]
Tesla (NASDAQ:TSLA) CEO Elon Musk is continuing his selling spree. He started the week by selling another $906 million worth of Tesla stock. Just yesterday, he offloaded another $884 million ...
Tesla, Inc. (/ ˈ t ɛ s l ə / ⓘ TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.