190°

Tesla Motors shares surge in 1st day of trading

Yahoo: "Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money than expected in its initial stock offering.

Investors snapped up Tesla's shares even as the broader markets took a beating. The stock soared $6.89, or 40.5 percent from its offering price, to close at $23.89 -- marking the second-biggest first-day gain among initial public offerings this year. Tesla's performance was a feat in a sour market that has forced many companies looking to raise funds through IPOs to accept lower prices to get deals done."

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finance.yahoo.com
5047d ago
5046d ago
70°

Tesla is recalling almost every vehicle it's sold in the U.S.

Just one day after the California DMV filed to take Tesla to court, over 2 million Model S, Model 3, Model X, and Model Y vehicles are being recalled.

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acceleramota.com
Unafraidworm120d ago

Glad to see Chris at Acceleramota is an idiot and loves to spread misinformation. This so called “recall” was just an update that was sent out to certain Tesla models and year.

80°

‘We dug our own grave with the Cybertruck’, says Elon Musk, in rare moment of self-reflection

Maybe giving your truck the styling of an Nintendo 64 game isn't quite as 'epic' or 'based' as it is impractical.

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acceleramota.com
80°

EVs Explained: Steer-by-wire has a bold future plagued by a rough history

Fully electronic steer-by-wire tech has migrated from your gaming chair to the driver’s seat, and it will take some getting used to.

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acceleramota.com