Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products
The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future.
Let's have a look at what is happening on the US markets before the opening bell on Wednesday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Shares of electric vehicle pioneer Tesla (NASDAQTSLA) jumped 8.8% in the morning session after President Trump said he would be buying a Tesla vehicle, which could be interpreted as a show of support for CEO Elon Musk, who had played an active role in the administration's Department of Government Efficiency. Musk followed up by saying Tesla planned to double its production output in the United States within two years.
The Dow Jones Industrial Average is down 368 points this afternoon, erasing earlier gains that followed a softer-than-expected consumer price index (CPI) reading for February.
Benzinga readers show support for the one-month pause on tariffs for the auto sector. The poll also shows whether consumers are likely to rush to buy a vehicle before tariffs come back.
Tesla (NASDAQTSLA) and SpaceX CEO, Elon Musk, who is also a consultant to the White House, has announced his intention to donate $100 million to organizations under the control of the Trump political machine.
Stocks surged Wednesday morning, with major indices poised to snap a two-day losing streak, as cooler-than-expected inflation reinforced expectations for Federal Reserve rate cuts in 2025.
Tesla Inc (NASDAQTSLA) shares are trading higher Wednesday after CEO Elon Musk announced plans to double United States vehicle production within two years.
In a move that could signal the impending closure of the U.S. Department of Education, the department is preparing to lay off nearly half of its staff.
In a bid to regain his $56 billion compensation, Elon Musk filed an appeal challenging a lower court's decision to overturn the record payout from Tesla Inc. (NASDAQTSLA). Musk contends that the judge committed several legal errors in the ruling.
