Tesla share price

Electric car giant's CEO says he is not in talks on new bonus scheme after completing 2018 deal early.

Each tranche gives Musk the right to buy 8.4m Tesla shares at $70, a huge discount on the current $977 price of the stock. Instead, Elon’s only compensation will be a 100% at-risk performance award, which ensures that he will be compensated only if Tesla and all of our stockholders do extraordinarily well.” His profit on each tranche could be $7.7bn, or a combined value of $23bn. The payments need to be signed off by the board, and he must hold on to the shares for five years before selling. How many millions of people could be lifted out of current fuel poverty, through energy efficiency and renewable installations, with that bonus – instead of giving one man an even greater fortune to play God with?” The results, combined with the growth in Tesla’s share price performance, mean Musk has hit targets that should lead to a bonus share payout worth about $23bn. The shares jumped 11% in early trading on Thursday to $10.60.

We'll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Here's why “funding secured” is rising fast on ...

The electric-vehicle company is rapidly becoming the king of the side hustle. History suggests that doesn't have to hurt the stock.

Tesla (ticker: TSLA) bulls believe the other businesses are a good thing, while bears have their doubts. It is a conglomerate of many, many business ideas that are funded by a ultradominant core operation. Tesla is rapidly becoming the king of the side hustle.

Chief Executive Elon Musk was on the earnings call with analysts, and put a timeline on the newest Tesla vehicle: A dedicated “robotaxi,” without steering wheel ...

Toni Sacconaghi at Bernstein said he was “not willing to bet” on the robotaxi. Osborne also worried about the share trajectory. Limited production in the Shanghai factory resumed this week, put the problems are likely to cause a “headwind” of around 50,000 units in the current quarter, Dan Ives at Wedbush said in his note. “Musk on the call talked about a very quick production ramp already happening in China which was music to the ears of investors on pins and needles around this main artery being shutdown since late March,” Ives said. Margins are likely to come down as Tesla “evolves to be a truly mass market player and prevailing supply imbalances alleviate, we believe that margins may continue to improve through the remainder of the year,” Sacconaghi said. On the positive side, Tesla’s operating margins excluding EV credits are at 16%, “at the very high end of auto makers and well above traditional luxury vendors,” Sacconaghi said.

Tesla posted record revenues and profits last night but shares are muted in pre-market trading. Is the hype dying down?

I also think it’s significant that the Tesla truck and its autonomous vehicle remain in the future. While 310,000 is a record and is good, in my view, it falls short of the expectations that analysts had before the start of the quarter. I think Tesla shares today have more tangible value and less hype around them than they had a day ago, which makes them more attractive to me. One reason that Tesla shares haven’t surged after the earnings report is that the deliveries number came in below estimates. If the company can continue to grow its earnings at that rate, then a decent investment return will come one day. This is good, given the challenges that Tesla has been facing.

The electric-car maker's earnings Wednesday showed that Elon Musk's company has not only managed the shortages, but also succeeded in protecting its margins by ...

Tesla also has left smaller EV companies in the rear view mirror. It has also fared better than bigger-volume rivals, such as General Motors Co. and Ford Motor Co., whose shares are down 29% and 23% respectively. The economic and political backdrop also hasn’t dented investor enthusiasm for Tesla shares. Tesla is often compared to the so-called FAANG stocks, which have long enjoyed similar reputations as fast-growing businesses with high valuations and devoted fan bases among investors. The stock rose 7.7% to $1052 at 6:45 a.m. in premarket trading, leaving it down about 0.5% for the year. Tesla’s high price-earnings ratio doesn’t deter its most ardent believers.