Tesla to suspend production at Fremont and Buffalo factory beginning March 24

Posted on March 19, 2020 Tesla will temporarily suspend production at its factory in Fremont, California and Buffalo, New York beginning on March 24 in response to local “shelter in place” mandates to prevent the spread of coronavirus, said the company on Thursday. The company notes that operations at its Nevada factory, along with its …

Tesla stock (TSLA) fights back in early surge after Wall St. upgrade

By Simon Alvarez Posted on March 19, 2020 Tesla stock (NASDAQ:TSLA) came roaring back on Tuesday’s early morning trading, bouncing as high as $434.54 per share amid news of an upgrade from Wall Street. In a recent note, Morgan Stanley analyst Adam Jonas upgraded Tesla from “Underperform” to “Equal-Weight,” while putting a $460 per share …

Tesla shares (TSLA) slide amid $2 billion stock offering announcement

By Joey Klender Posted on February 13, 2020 Tesla shares (NASDAQ: TSLA) slid on Thursday following an announcement that the company will be offering around $2 billion worth of common stock. The fundraising round comes amid TSLA stock’s recent skyrocket in value. The offering could bring in an additional $2.3 billion, according to a press …