Tesla shares continued their impressive rally on Monday, as shares hit an all-time high of $1,209.75, before closing at $1,208.59. The company’s market cap now sits at $1.2 trillion after today’s 8.49% gain.
Elon Musk’s electric vehicle maker reported impressive third quarter earnings, at a time when the global auto industry saw a decline in sales due to a chip shortage.
Tesla also saw positive news when Hertz announced it ordered 100,000 Tesla vehicles, expected to deliver by the end of 2022. Hertz also announced a deal with Uber to rent out half its Tesla fleet to gig economy drivers.
Other articles in the category: Tesla
Tesla Officially Kills $8,000 FSD One-Time Purchase in U.S.
After more than nine years of offering Full Self-Driving (FSD) as a one-time software purchase, Tesla has officially pulled the plug on the upfront option in North America. As expected, the previous $8,000 one-time FSD purchase — available either when ordering a vehicle or after delivery — is no longer available in the U.S. Going […]
Tesla Replaces Coal: $330M Battery Goes Live in Australia
A new grid-scale battery powered by Tesla Megapacks is now officially online in Queensland, Australia, marking another major milestone for the company’s fast-growing energy storage business. As first reported by Energy-Storage.News, publicly owned energy company CleanCo Queensland has opened the Swanbank Battery Energy Storage System (BESS), a 250 MW/500 MWh facility located at the former […]
Tesla Launches $450 Mezcal: 50 Lucky Buyers Get Signed Boxes
Tesla is back in the spirits game — this time with a design-forward twist. The company has quietly launched a new Tesla Mezcal | Design Studio Edition in the U.S., priced at $450. The limited-run bottle leans heavily into Tesla’s design ethos, complete with a specially crafted box sleeve that features early sketches of the […]
