Vehicle Deliveries

Tesla Shares Gain 4.4% on Record Deliveries With Strong Demand in China

Reuters | |

Tesla Inc added over $28 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.

The stock jumped nearly 8% in pre-market trading and changed hands above $700 per share for parts of the day before closing at $691.05, up 4.4% on the day.

Tesla Cuts Prices of Standard Trim Lines of Model 3 and Model Y Vehicles

Kimberly Redmond | |

Tesla Inc has updated the prices of its two best-selling models, the Model 3 sedan and Model Y sport utility vehicle, in the US.

The electric car maker reduced the base version price of both cars but increase the cost of the high-end versions of the Model 3 and Model Y, Tesla’s website showed.

The price of the Model 3 Standard Range Plus was lowered from $37,990 to $36,990, while the Model Y Standard Range’s price came down to $39,990 from $41,990.

Tesla Misses on Q4 Earnings, Silent on Concrete Vehicle Delivery Goal for 2021

Reuters | |

By Akanksha Rana and Tina Bellon

(Reuters) - Tesla Inc’s fourth-quarter profit fell short of Wall Street expectations on Wednesday and the company failed to provide a clear target for 2021 vehicle deliveries, sending shares down 4.4% in extended trade.

The disappointing results come after shares of the electric carmaker led by CEO Elon Musk surged nearly 700% over the past 12 months, a valuation rooted in expectations that Tesla will quickly and profitably e...

Tesla Beats Analyst Estimates for Deliveries, But Falls Just Shy of Elon Musk's Target

Reuters | |

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.

The company delivered 499,550 vehicles during 2020, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data - but 450 units shy of CEO Elon Musk’s target.

Musk tweeted that he was "proud of ...

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