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Tesla Beats on Profit, Reaffirms Goal of 500,000 Deliveries

(Bloomberg) -- Tesla Inc. reported a fifth consecutive quarter of profits, handily beating analysts’ estimates, and said it remains on track to deliver 500,000 cars in 2020 despite weaker sales in the rest of the global auto industry.The earnings streak…

Elon Musk Says He’s Cutting Tesla Model S Base Price to $69,420

"The gauntlet has been thrown down!" Musk wrote on Twitter. "The prophecy will be fulfilled. Model S price changes to $69,420 tonight!"

Tesla Is Trying to Mine Its Own Lithium After Dropping M&A Plan

(Bloomberg) -- Tesla Inc. secured its own lithium mining rights in Nevada after dropping a plan to buy a company there, according to people familiar with the matter.The automaker held discussions in recent months with Cypress Development Corp., which is…

The Tesla stock selloff is an ‘overreaction’—and could be a buying opportunity say some analysts

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. It appears Tesla’s long-awaited Battery Day wasn’t enough to recharge investors’ love for the stock—but some analysts are more…

Here’s one possible reason why Tesla wasn’t added to the S&P 500

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today.It’s not a great day to be a Tesla bull.In a move that surprised the Street on Friday, Tesla was…

Tesla – Musk hints of battery capacity jump ahead of industry event

Tesla Inc's chief executive Elon Musk has suggested the U.S. electric carmaker may be able to mass produce longer-life batteries with 50% more energy density in three to four years. Researchers have said the energy density of Panasonic's "2170" batteries…