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Tesla shares briefly topped $2,000 on Thursday, capping a remarkable run that has seen them skyrocket more than 360 percent this year. The electric automaker’s stock rallied more than 6 percent in intraday trading, bringing the company’s gains to just under 19 percent for the week. Tesla’s market cap now sits at $372 billion, making …
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Elon Musk on Tuesday became the fourth-richest man on earth after a surge in Tesla shares helped him leapfrog French luxury titan Bernard Arnault. The eccentric tech tycoon — who added $7.8 billion to his net worth on Monday, thanks to a more than 9-percent jump in Tesla’s stock — is now worth $84.8 billion, …
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With Tesla driving headlines regularly, it’s no surprise that a Hamptons screening of IFC Films’ upcoming “Tesla,” about visionary Serbian-American inventor Nikola Tesla, drew a starry crowd. Donna Karan and the Cinema Society’s Andrew Saffir hosted a socially distant dinner and screening under the stars at Karan’s luxe seaside sanctuary. Among the cineastes who came …
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Tesla shares soared in premarket trading Wednesday after Elon Musk’s electric car-maker announced a 5-for-1 stock split. The company plans to give investors five shares of stock for each share they own on Aug. 28 in an effort “to make stock ownership more accessible to employees and investors,” it said after Tuesday’s closing bell. The …
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Rapper Sean “Diddy” Comb’s son was injured early Wednesday after a Tesla collided with his red Ferrari a little after midnight in Beverly Hills, according to media reports. The Tesla, barreling down Sunset Blvd., lost control and smashed into the left side of King Comb’s rear bumper, ripping off part of it, and causing the …
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Amber Heard was convinced that “controlling” ex-boyfriend Elon Musk had given her a Tesla sports car that was bugged, according to court documents. Heard’s family friend Jennifer Howell insisted in a court declaration that the “Justice League” actress’ late mother, Paige, revealed her daughter’s paranoid secret early last year, according to DailyMail.com. “Paige shared with …
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Elon Musk over the weekend reminisced fondly on his days couch surfing at the homes of Google founders Larry Page and Sergey Brin, and bemoaned the “strange Gatsby-like house” he is staying in. In a wide-ranging interview with the New York Times, the eccentric Tesla CEO — who recently sold a 16,000-square-foot mega mansion for …
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Tesla delivered its fourth consecutive quarterly profit on Wednesday, scaling a long-elusive hurdle that finally makes it eligible to join the benchmark S&P 500 index. The electric automaker — whose CEO Elon Musk has been battling with the state of California to keep the company’s factory open despite the coronavirus pandemic — delivered a profit …
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Tesla shares extended their rally on Wednesday ahead of a quarterly report from the electric-car maker that might clear the way for it to join the S&P 500 and attract some $40 billion in new demand for the stock. A net profit, under Generally Accepted Accounting Principles, would mark four consecutive profitable quarters, a first …
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That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …
Tesla shares briefly topped $2,000 on Thursday, capping a remarkable run that has seen them skyrocket more than 360 percent this year. The electric automaker’s stock rallied more than 6 percent in intraday trading, bringing the company’s gains to just under 19 percent for the week. Tesla’s market cap now sits at $372 billion, making …
