Stock Market Today: Dow closes lower as 10-year Treasury yield flirts with 5%

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Go back to Stock Market Today: Dow closes lower as 10-year Treasury yield flirts with 5%

U.S. DOJ seeks Tesla (TSLA) documents on driving range

October 23, 2023 10:12 AM EDT

Tesla (NASDA: TSLA) revealed Monday that the U.S. Department of Justice (DOJ) is seeking documents from the automaker related to the driving range of the companys electric vehicles. The revelation follows reports that the company allegedly exaggerated their potential distance... More

Tesla (TSLA) discloses DOJ requests for information on 'personal benefits'

October 23, 2023 9:47 AM EDT

Tesla (NASDAQ: TSLA) confirmed in its quarterly SEC report that the electric automaker has received requests for documents from United States Department of Justice (DOJ) including subpoenas regarding certain matters associated with personal benefits, related parties, vehicle range and personnel decisions.

The company is required to report any contacts with government agencies regarding... More

US EV sales skyrocket in 3Q, China expands reach

October 20, 2023 8:41 AM EDT

According to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.

The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More

Tesla (TSLA) raises price of Model X Plaid by $5K

October 20, 2023 8:10 AM EDT

Tesla's (NASDAQ: TSLA) Model X Plaid all-wheel drive in the United States now stands at $94,990, up from $89,990 according to the electric vehicle maker's website on Thursday.

The price adjustment follows CEO Elon Musk's recent remarks about maintaining demand through price reductions, despite expressing... More