Tesla shares bounce after Elon Musk retweets favorable sales report


Beck Diefenbach | Reuters

Elon Musk, CEO of Tesla. 

CEO Elon Musk crowned Tesla victor among electric vehicle automakers last month, saying his company was “1st, 2nd & 3rd in August sales” in a tweet, citing a report by InsideEVs.

Shares of Tesla rose 1.8 percent in premarket trading Thursday.

CNBC did not independently verify InsideEVs report. The monthly scorecard says it tracks “all the plug-in EV” sales and deliveries in the U.S.

Tesla shares are down 18 percent in the last one month heading into Thursday’s trading day as the controversy surrounding Musk’s tweet about possibly taking the company private and an SEC investigation of that matter unfolds.

Source link

Products You May Like

Articles You May Like

As Chinese stocks rally, Tencent is flashing a major buy signal
Morgan Stanley picks out biggest winners in this earnings season
As the markets test key level, history suggests there’s upside ahead
I’m blessing a small position in Nvidia here
Tiffany holiday sales fell

Leave a Reply

Your email address will not be published. Required fields are marked *