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Tesla, Inc. - TSLA STOCK NEWS

Welcome to our dedicated page for Tesla news (Ticker: TSLA), a resource for investors and traders seeking the latest updates and insights on Tesla stock.

Tesla, Inc. (NASDAQ: TSLA) is a pioneering American multinational company based in Austin, Texas, that is at the forefront of the automotive and energy sectors. Tesla designs and manufactures electric vehicles (EVs), including luxury and midsize sedans, crossover SUVs, a light truck, and a semi-truck. The company also has plans to introduce more affordable vehicles and a sports car. In 2023, Tesla achieved global deliveries of over 1.8 million vehicles, solidifying its position as a leader in the EV market.

Tesla's energy division produces stationary battery energy storage devices suitable for both residential and commercial use, from home battery systems to large-scale grid solutions. The company's solar energy products include solar panels and solar roof tiles. Additionally, Tesla operates its own fast-charging network, providing convenient charging solutions for EV owners.

Tesla is a vertically integrated company, meaning it controls multiple stages of its production process, including the development of autonomous driving software. This approach allows Tesla to optimize its operations and innovate rapidly. Recent achievements include a significant deal with bp pulse, BP's EV charging business, to supply $100 million worth of Tesla's ultra-fast charging hardware units. This partnership aims to expand BP's public charging infrastructure across the U.S., with installations beginning in 2024.

Financially, Tesla continues to show robust performance, driven by its innovative technologies and strategic partnerships. The company’s efforts to expand its product line and enhance its energy solutions demonstrate its commitment to accelerating the world's transition to sustainable energy.

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Tesla (TSLA) to Host Cybertruck Delivery Event in Austin, Texas on November 30th, 2023
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Arevon Energy, Inc. announces closing $529 million financing for Vikings solar-plus-storage project, leveraging Inflation Reduction Act's tax credit transferability provisions and debt. Project features 157 MWDC of solar and 150 MW/600 MWh of battery energy storage, supplying San Diego Community Power. Key suppliers include First Solar, Nextracker, and Tesla. Commercial operations expected in Q3 2024.
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bp pulse, bp's EV charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. Tesla chargers will be installed across the bp pulse network, including at key sites across the bp family of brands. The roll-out is planned to begin in 2024.
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Tesla releases Q3 2023 financial results and schedules Q&A webcast
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Tesla produced over 430,000 vehicles and delivered over 435,000 vehicles in Q3. Sequential decline in volumes due to planned downtimes for factory upgrades. 2023 volume target of around 1.8 million vehicles remains unchanged.
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Rapid advancements in rechargeable batteries are driving the growth of the lithium-ion battery market. The market size is projected to grow from $22.2 billion in 2023 to $89.9 billion in 2030 at a CAGR of 22.1%. Indigo Exploration is expanding its lithium brine exploration program in Alberta, Canada. Tesla produced nearly 480,000 vehicles and delivered over 466,000 vehicles in Q2 2023. Albemarle receives a $90 million grant for domestic mining and lithium production. American Battery Technology Company will be listed on the Nasdaq Capital Market. Patriot Battery Metals provides an update on its drill program in Quebec.
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The global lithium mining market is projected to reach $2.1 billion by 2033, growing at a CAGR of 6.4%. The demand for lithium is driven by the increased production of electric vehicles and rechargeable batteries. Government investments in lithium mining aim to reduce EV battery prices and overall EV costs. Active mining companies include Indigo Exploration, Brunswick Exploration, E3 Lithium, Tesla, and LithiumBank Resources.
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Tesla releases financial results for Q2 2023
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Tesla announces production and delivery numbers for Q2 2023. Financial results to be released on July 19, 2023.
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The lithium mining market is projected to grow as the demand for lithium-ion batteries increases. Companies are investing in expanding production capacity and pursuing vertical integration strategies. The efficiency of lithium mining is expected to improve, leading to lower costs and higher yields. Research is being done into new methods of lithium extraction and battery recycling. Some companies are adopting sustainable practices to minimize environmental impact. Active mining companies in the market include Indigo Exploration, Tesla, Lithium Americas, E3 LITHIUM, and Patriot Battery Metals.
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FAQ

What is the current stock price of Tesla (TSLA)?

The current stock price of Tesla (TSLA) is $342.03 as of November 20, 2024.

What is the market cap of Tesla (TSLA)?

The market cap of Tesla (TSLA) is approximately 1.0T.

What does Tesla, Inc. do?

Tesla designs and manufactures electric vehicles, battery energy storage systems, solar panels, and related products and services.

Where is Tesla headquartered?

Tesla is headquartered in Austin, Texas, USA.

What types of vehicles does Tesla produce?

Tesla produces luxury and midsize sedans, crossover SUVs, a light truck, a semi-truck, and is planning to introduce more affordable vehicles and a sports car.

How many vehicles did Tesla deliver in 2023?

Tesla delivered over 1.8 million vehicles globally in 2023.

What are Tesla's energy products?

Tesla's energy products include stationary battery energy storage devices, solar panels, and solar roof tiles.

Does Tesla have a charging network?

Yes, Tesla operates its own fast-charging network for electric vehicle owners.

What recent partnership did Tesla announce?

Tesla announced a partnership with bp pulse to supply $100 million worth of ultra-fast charging hardware units.

What is Tesla's approach to production?

Tesla is a vertically integrated company, controlling multiple stages of production, including the development of autonomous driving software.

How does Tesla contribute to sustainable energy?

Tesla contributes to sustainable energy through its electric vehicles, energy storage solutions, and solar energy products.

What is Tesla's financial outlook?

Tesla continues to show robust financial performance, driven by its innovative technologies and strategic partnerships.

Tesla, Inc.

Nasdaq:TSLA

TSLA Rankings

TSLA Stock Data

1.00T
2.80B
12.91%
47.9%
2.43%
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