Tesla Inc


Elon Musk regains his spot as the world's richest person

Musk’s wealth has been buoyed by a nearly 70% surge in Tesla Inc.’s stock price this year.


Tesla shares fall on sales miss as Musk promises 'epic' year end

Tesla said third quarter revenue rose to US$21.5 billion ($30.6 billion) compared with analysts’ projections of US$22.1 billion.


Tesla inks battery materials deals with two Chinese suppliers

The announcements come as major automakers look to scoop up battery metals in the face of a looming shortage.

Global Economy

Briefs: Apple to slow hiring and spending in 2023; Tesla sells majority of stake in Bitcoin

"Mission largely accomplished ... hasta la vista, baby." -UK’s Boris Johnson signing off at his final parliamentary appearance.
Tesla sells majority of stake in Bitcoin, adds US$936 mil of cash to its balance sheet - THE EDGE SINGAPORE


Tesla sells majority of stake in Bitcoin, adds US$936 mil of cash to its balance sheet

Elon Musk said that Tesla sold the Bitcoin to maximise its cash position because of uncertainty related to the Covid shutdowns.


'No longer sure bets': tech giants are dropping bad news daily

From Seattle to Silicon Valley to Austin, a grim new reality is setting in across the tech landscape.


Auto storylines to look out for in 2022 include Tesla, the semicon shortage and China

The semiconductor shortage that decimated auto production and sales last year is poised to stick around in 2022.


Elon Musk sells US$1.02 bil worth of Tesla shares; nears 10% share sale target

Musk has been offloading Tesla stock since asking his Twitter followers in November whether he should sell some of his stake.

Global stocks

What to watch in stocks in 2022

2021 was a year of surprises. Getting the details right in 2022 will be no easier.


Elon Musk sells US$5 bil of Tesla stock

Musk, 50, is worth almost US$300 billion, according to the Bloomberg Billionaires Index.