Tesla Inc
Tesla is a US electric vehicle (EV) and renewable energy company that specialises in the design and manufacturing of electric cars, energy generation, and energy storage. It was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning, with headquarters in Palo Alto, California, as well as Austin, Texas, where its primary Gigafactory is located. The company’s name is a homage to Nikola Tesla, best known for inventing the first alternating-current (AC) motor and the rotating magnetic field, which are still vital parts of the modern-day electricity system. In 2004, South African entrepreneur Elon Musk became the largest shareholder in TSLA stock with an investment of $6.5m. Musk was already known by then as the founder of digital bank X.com, which merged with Confinity to form the international payments company, PayPal. Musk went on to become Chairman of the company and later Chief Executive Officer (CEO) in 2008. He was also added as a co-founder in a lawsuit filed in 2009.
- 84%
- 16%
- 14
- 12
- 2
$409.49
$24.86
$409.49
$550.00
- Strategic combination potential
- Autonomy and robotaxi commercialization
- Energy product demand and pricing
- Deal execution and regulatory hurdles
- Profitability pressure from investments
- Capital allocation and cash flexibility risk
£0
£1
- CMC Markets Cash equities
- 0.70%
- CMC Invest Core plan
- 0.99%
- CMC Invest Plus plan
- 0.50%
- CMC Invest Premium plan
- 0.39%
0.39% – 0.99%
- £1.00
- 01:00 – 00:00
- 00:00 – 00:00
- 00:00 – 22:00
The Week Ahead: ISM PMI reports, US jobs report, Apple earnings
Welcome to Michael Kramer's pick of the key market events to look out for in the week beginning Monday 2 November.
DAX battles to hold 26,000 as investors dump technology stocks
Technology earnings disappoint as the DAX tries to hold 26,000. Persistent inflation and rising import costs threaten hopes for a German economic recovery.
DAX maintains upward momentum as focus shifts from Fed to ECB
The DAX looks set to extend its gains after a softer Fed tone. Mixed technology earnings, the ECB decision and a busy US economic calendar could test sentiment.
EUR/USD's next move hinges on central bank policy
EUR/USD faces a key support test as markets await the Fed and ECB. Guidance on future rate rises could determine whether the pair extends its decline or rebounds towards $1.12.