Tesla stock pops on Rivian deal, continuing surge toward $1T market cap

By Joey Klender Posted on June 20, 2023 Tesla stock (NASDAQ: TSLA) popped more than 3 percent on Tuesday after news of its collaboration with Rivian (NASDAQ: RIVN), which will see the latter automaker adopt the former’s North American Charging Standard (NACS) for its vehicles. Rivian will also gain access to 12,000 Supercharger locations owned …

Tesla (TSLA) winning streak ends at 13, shorts feel $12B loss

By Joey Klender Posted on June 15, 2023 Tesla (NASDAQ: TSLA) had its 13-day winning streak snapped at market close yesterday, but the automaker managed to add more than $200 billion in value over the period. Meanwhile, short sellers are feeling a more than $12 billion burn on the year, $5 billion of which has …

Tesla’s Elon Musk becomes world’s wealthiest by net worth again

By Simon Alvarez Posted on May 31, 2023 Tesla CEO Elon Musk has retaken his place as the world’s wealthiest person by net worth. The feat was achieved as Musk was wrapping up a busy two-day trip to China, which saw the CEO meeting with several high-profile officials and suppliers over the course of two …