Tag: tesla

BUSINESS

Tesla Makes Shares Record

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 […]

BUSINESS

Tesla Adds Two New Heavyweights To Its Board

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 […]

BUSINESS Commerce

Tesla Dumps Hundreds Of Workers

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 […]