The surge in Tesla Inc. shares in the market recently has placed the company in an enviable position. It became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co. and General Motors Co. combined. In recent weeks, Tesla (NASDAQ: TSLA) stock has been on the gallop. Shares in the electric vehicle […]
Tesla has added Lawrence Joseph Ellison, the 74-year-old American businessman, entrepreneur, and philanthropist who is a co-founder and the executive chairman and chief technology officer of Oracle Corporation as well as Walgreens Boots Alliance executive Kathleen Wilson-Thompson to its board. This latest move by Tesla comes against the background of a call by Securities and Exchanges Commission for founder and […]
According to a news report, Tesla, Inc., the American automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California is parting ways with hundreds of workers. The dismissals were a result of a company-wide annual review, Tesla reportedly said in an emailed statement. The report noted that over 400 employees, including engineers, managers, and factory workers were […]
