TSLA - Tesla, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
-0.97 (-0.43%)
At close: 4:00PM EDT

222.26 -3.60 (-1.59%)
After hours: 7:58PM EDT

Stock chart is not supported by your current browser
Previous close226.83
Bid222.05 x 1000
Ask222.49 x 1400
Day's range224.58 - 229.07
52-week range176.99 - 379.49
Avg. volume9,866,114
Market cap40.458B
Beta (3Y monthly)0.33
PE ratio (TTM)N/A
EPS (TTM)-3.85
Earnings date22 Oct. 2019 - 28 Oct. 2019
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est248.50
Trade prices are not sourced from all markets
  • Walmart sues Tesla for negligence after multiple solar panel fires

    Walmart sues Tesla for negligence after multiple solar panel fires

    Walmart is suing Tesla for breach of contract and gross negligence afterrooftop solar panel systems on seven of the retailer's stores allegedly caughtfire, according to a filing

  • SpaceX's spacefaring Tesla Roadster has made a full trip around the Sun

    SpaceX's spacefaring Tesla Roadster has made a full trip around the Sun

    Somewhere in space, a mannequin wearing a SpaceX spacesuit and driving acherry red original Tesla Roadster that once belonged to Elon Musk iscelebrating its first trip around the Sun

  • After Hours: Walmart Sues Tesla, Cree Beats on Q4 Estimates, Whiffs on Guidance
    Motley Fool

    After Hours: Walmart Sues Tesla, Cree Beats on Q4 Estimates, Whiffs on Guidance

    The two big companies come to legal blows over allegedly faulty solar panels, while the LED lighting specialist disappoints on guidance.

  • Walmart Suing Tesla for Alleged Solar Panel Fires
    Market Realist

    Walmart Suing Tesla for Alleged Solar Panel Fires

    Walmart is suing Tesla after seven solar panels “allegedly caught fire,” CNBC reported. The companies had partnered to promote renewable energy.

  • Bloomberg

    Walmart Sues Tesla Over Fires Linked to Rooftop Solar Panel Systems

    (Bloomberg) -- Walmart Inc. sued Tesla Inc., claiming it failed to live up to industry standards in the installation of solar panels on top of hundreds of stores, resulting in multiple fires across the U.S.The retailer said it had leased or licensed roof space on top of more than 240 stores to Tesla’s energy operations unit, formerly known as SolarCity, for the installation and operation of solar systems. But as of November, fires had broken out at no fewer than seven of the stores, forcing the disconnection of all the solar panel systems for the safety of the public.Walmart’s inspectors found that Tesla “had engaged in widespread, systemic negligence and had failed to abide by prudent industry practices in installing, operating and maintaining its solar systems,” according to a breach-of-contract complaint filed Tuesday in New York state court.Walmart is pushing to source 35% of its electricity from renewable sources by 2020. The company has more than 350 on-site solar installations and has signed contracts to add more than 120 new installations by next year, it said in its 2019 report on environmental, social and governance goals. The company didn’t reply to a request for comment on whether those totals include the Tesla systems.How Solar Energy Was Transformed From Nutty to Normal: QuickTakeTesla is best known for its electric cars, but its solar unit acquired in 2016 had sought to sell solar power plus batteries for storing electricity to commercial businesses eager to reduce their electric bills and carbon footprints. Walmart was an early customer of SolarCity’s rooftop solar panels as well as Tesla’s batteries, and has pre-ordered the company’s electric Semi truck, which is not yet in production.Many of the Tesla panels had defects that could be seen by the naked eye or were easily identifiable with proper equipment, Walmart said, indicating that Tesla had deficient inspection procedures or hadn’t been inspecting the sites at all. The retailer’s inspectors saw dangerous connections, including loose and hanging wires at several locations, according to the complaint.“Many of the problems stemmed from a rushed, negligent approach to the systems’ installation,” Walmart said in the complaint.Why a Green Future Means Building Lots of Batteries: QuickTakeTesla didn’t immediately address the retailer’s complaint.Walmart said Tesla isn’t the only solar vendor it works with. In October, the retailer signed a deal with SunPower Corp. for installation of solar systems at 19 stores and two distribution centers in Illinois.“Solar is a vital component of Walmart’s expanding renewable energy portfolio,” said Mark Venderhelm, vice president of energy at Walmart. “Walmart plans to tirelessly pursue renewable energy projects that are right for our customers, our business and the environment.”Tesla shares fell as much as 1.7% to $222.11 as of 5:45 p.m. Tuesday in New York, after the close of regular trading. The stock is down 32% this year.Tesla acquired SolarCity, which was founded by founder Elon Musk’s cousins, for $2.6 billion in 2016. Musk last month won a ruling by a federal judge dismissing a lawsuit accusing him of making short-swing profits from buying SolarCity.The Palo Alto, California-based company is now offering rental panel packages with “no long-term contract” as part of a relaunch announced Sunday by Musk. The rental option harks back to a leasing product popularized by SolarCity that had propelled its growth, although the company borrowed heavily to support the strategy.After the acquisition, Tesla prioritized outright sales in an effort to boost profitability, ended door-to-door marketing and a partnership with Home Depot Inc. and cut jobs. The company recently shifted to offering standardized panel systems online, rather than the bespoke arrays that have driven the rooftop-solar industry’s growth in the U.S.Walmart said the first blaze broke out at a store in Beavercreek, Ohio, a suburb of Dayton, in March 2018, and two more fires occurred at stores in California and Maryland in May of that year. While Tesla disconnected the panels at Walmart’s request that same month, it wasn’t enough to stop fires from occurring, and another blaze broke out in November at a store in Yuba City, California, according to the suit."To state the obvious, properly designed, installed, inspected and maintained solar systems do not spontaneously combust, and the occurrence of multiple fires involving Tesla’s solar systems is but one unmistakable sign of negligence by Tesla," Walmart said in the suit. "To this day, Tesla has not provided Walmart with the complete set of final ‘root cause’ analyses needed to identify the precise defects in its systems that caused all of the fires described above."Walmart is asking a judge to declare Tesla in breach of contract, order the company to remove the solar panels from all of its stores and award damages equal to its costs and consulting fees in connection with the fires.The case is Walmart Inc. v. Tesla Energy Operations, New York State Supreme Court, New York County.(Updates with details from complaint in sixth paragraph.)\--With assistance from Brian Eckhouse, Dana Hull and Matthew Boyle.To contact the reporter on this story: Chris Dolmetsch in Federal Court in Manhattan at cdolmetsch@bloomberg.netTo contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Joe Schneider, Peter BlumbergFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why Ron Baron Remains a Firm Long-Term Tesla Bull
    Market Realist

    Why Ron Baron Remains a Firm Long-Term Tesla Bull

    Tesla (TSLA) bull and billionaire founder of Baron Capital, Ron Baron, talked to CNBC today about his long-term investment in TSLA stock.

  • Oilprice.com

    Tesla’s Newest Strategy To Salvage Its Slumping Solar Business

    As solar sales continue to slump for Tesla, the company is testing a brand-new strategy, allowing potential customers to rent the groundbreaking solar panels instead of purchasing them

  • Tesla Might Be Coming to India, but Not to Sell Cars
    Market Realist

    Tesla Might Be Coming to India, but Not to Sell Cars

    Consumers have long been waiting for Tesla’s India debut. However, there are a few challenges, namely costs and infrastructure.

  • Financial Times

    ARK Invest’s Tesla model gathers dust

    In early June, Alphaville had a look at ETF-provider ARK Invest’s Tesla model which, in the spirit of transparency, the firm had open sourced on the internet. For those of you not familiar with the business, ARK manages around $9bn of assets, investing in companies that it believes are involved in “disruptive innovation”. Tesla is one its largest holdings across its various funds.

  • Tesla Is Giving Luxury Car Makers a Really Hard Time
    Market Realist

    Tesla Is Giving Luxury Car Makers a Really Hard Time

    Luxury carmakers are finding it difficult to break into the electric vehicle space, which Tesla (TSLA) currently dominates.

  • Financial Times

    Walmart sues Tesla over solar panels that ‘sparked fires’

    Walmart identified the seven fires in the lawsuit, including four occurring last year in stores in Ohio, Maryland and California. The retailer, the largest in the US, began ordering rooftop panels from Mr Musk’s company Solar City in 2010. Tesla, the electric carmaker also founded by Mr Musk, acquired Solar City in 2016.

  • Bloomberg

    Five Things You Need to Know to Start Your Day

    (Bloomberg) -- Want the lowdown on what's moving European markets in your inbox every morning? Sign up here.Good morning. Donald Trump really, really wants the Fed to cut rates, Boris Johnson is planning a Brexit blitz and governments are testing the temperature of the bond market. Here’s what’s moving markets.100 Basis PointsIn what has become a favored topic for President Donald Trump on Twitter, he called for the Federal Reserve to cut rates by at least a full percentage point in order to weaken a dollar whose strength, he said, was “sadly hurting other parts of the world.” He also accused Democrats of holding out hope for a recession before the next election. The Fed’s minutes from its last meeting are coming on Wednesday but the attention will be on Chairman Jerome Powell when he speaks at the Jackson Hole symposium on Friday, where he’s expected to signal the potential for another, likely Trump-pleasing cut, though some of his colleagues are not convinced.Boris BlitzThe battle lines are being drawn again in British politics. U.K. Prime Minister Boris Johnson reiterated the country will be ready to leave the European Union without a deal by the current deadline at the end of October and is planning a September  publicity blitz to prepare the public for a so-called hard Brexit. Labour leader Jeremy Corbyn, having failed to get support from other parties for a caretaker government, appears to be gearing up for an election by giving backing to a second referendum and vowing to do everything necessary to avoid a no-deal exit.Bond TestsThese are precarious times for the global bond market and the biggest issuers are starting to do more to test the waters on what investors want. Germany is set for a flurry of debt sales in the next couple of weeks offering negative rates and this week will sell a 30-year bond with a 0% coupon for the first time. The U.S. Treasury also appears to be taking the chance to issue ultra-long bonds, an idea shelved in the past but which could now have its moment as investors continue to search further out in global yield curves for returns as the spreading pile of negative-yielding securities grows.Great British PubsHong Kong leader Carrie Lam has pledged to establish a platform for dialogue with protesters in the country, potentially opening an avenue towards calming the turmoil in the city. But it was elsewhere that Hong Kong’s influence was felt on Monday. Victor Li, the head of Hong Kong’s largest conglomerate, made a $3.3 billion bet on the post-Brexit future of the pub with a deal to buy Greene King Plc. The immediate debate raised after the surprise bid is whether more pubs are likely to close down but another question to ask is to what extent this was driven by the cheap pound and whether more bids to pick up U.K. property estates could emerge.Coming Up...Asian stock indexes were mostly in the green on Tuesday amid signs of progress being made on trade negotiations and speculation about government stimulus to shore up economies globally. European and U.S. futures look mixed. On a relatively quiet day for earnings and economic data, all eyes will turn to Rome and the likely breakdown of the current coalition government. The question will be whether another government can be formed by alternative parties, likely leaving out Matteo Salvini’s League, or if new elections will be required.What We’ve Been ReadingThis is what’s caught our eye over the past 24 hours.How Europe could reduce its reliance on the U.S. The Odd Lots podcast on what's ailing bank stocks. If you have spare 8 million pounds, this Scottish castle is on the market. The ethical conundrum of making money from deepfakes. ‘Tesla killers’ are struggling to kill Tesla. The century-old company on a $10 billion shopping spree. Transhumanists who want to live forever.Like Bloomberg's Five Things? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.Before it's here, it's on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can't find anywhere else. Learn more.To contact the author of this story: Sam Unsted in London at sunsted@bloomberg.netTo contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why GM Stock Slumped 6.6% Last Week
    Market Realist

    Why GM Stock Slumped 6.6% Last Week

    General Motors slumped 6.6% from August 12 to August 16. GM stock wasn't the only one to plunge in the week. Other auto stocks also sank.

  • What Tesla’s Solar Relaunch Means for Its Business
    Market Realist

    What Tesla’s Solar Relaunch Means for Its Business

    In a series of tweets yesterday, Tesla (TSLA) CEO Elon Musk announced the company is relaunching its solar roof, letting customers rent the product.

  • Implied Volatility Surging for Tesla (TSLA) Stock Options

    Implied Volatility Surging for Tesla (TSLA) Stock Options

    Investors need to pay close attention to Tesla (TSLA) stock based on the movements in the options market lately.

  • Is Tesla’s Service Quality Promise Faltering?
    Market Realist

    Is Tesla’s Service Quality Promise Faltering?

    Nextmove was supposed to buy 100 Tesla (TSLA) Model 3 cars. However, the company called off its order due to Tesla's service quality issues.

  • Investing.com

    Stocks - Estee Lauder Soars in Premarket, PG&E Tumbles, Apple, Tesla, Target Rise

    Investing.com - Stocks in focus in premarket trade Monday:

  • ‘Tesla Killers’ Are Having A Really Hard Time Killing Tesla

    ‘Tesla Killers’ Are Having A Really Hard Time Killing Tesla

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.It’s a trope that’s been around roughly as long as Elon Musk has been in the car business: When a new electric vehicle is unveiled, it’s dubbed a potential “Tesla killer.”But from the flaming-out of Fisker to present day, Tesla has largely dominated the American electric-vehicle market. Musk has even managed to expand the company’s preeminence over the still small segment despite two new battery-powered luxury SUVs arriving in U.S. showrooms the last 10 months: Jaguar’s I-Pace and Audi’s e-tron.Their starts are the latest indications that legacy automakers aren’t assured instant success when they roll out new plug-in models. Tesla’s Model S and X have largely held its own against the two crossovers that offer shorter range and less plentiful public charging infrastructure. Jaguar and Audi also lack the cool factor Musk has cultivated for the Tesla brand by taking an aggressive approach to autonomy and using over-the-air software updates to add games and entertainment features.“If a customer is choosing the I-Pace over the comparable Tesla, they are making the conscious decision: I don’t want the Tesla,” said Ed Kim, an analyst at the car-market research and consulting firm AutoPacific. “You really have to be someone who doesn’t like Tesla, who doesn’t want the Tesla product, in order to go for this.”Tesla’s Model X and Model S each boast more than 300 miles of range, and the cheaper Model 3 travels 240 miles between charges. Jaguar’s $69,500 I-Pace is rated at 234 miles, and Audi’s $74,800 e-tron registers 204 miles.Formula EJaguar’s marketing team spent years laying the groundwork to introduce the I-Pace. In 2016, the brand joined Formula E, an open-wheeled, electric-powered race circuit similar to Formula One.“We had an electric car in our development plan -- the I-Pace -- at the time,” said James Barclay, Jaguar’s racing director. “We had to create an awareness about the fact that we had an electric car coming to market, firstly, and to showcase why you’d buy a Jaguar electric vehicle over something else.”Porsche and Mercedes-Benz are also joining Formula E for the 2019-2020 season to help generate buzz for the new all-electric models they have coming out. The circuit makes stops in cities including New York, Hong Kong and London, which the brands are banking on as major markets for plug-in cars.“City centers are where there’s going to be a really good application for electric vehicles,” said Kim McCullough, Jaguar Land Rover’s vice president of marketing for North America. “So having them be able to see something firsthand -- it starts the education process.”Little InfluenceBut while Formula E is drawing crowds of urban dwellers and a substantial audience on social media, all that buzz may not necessarily translate into showroom traffic.“Auto racing really comes as one of the last influencers, in terms of influencing people to buy whatever car they’re looking at,” according to AutoPacific’s Kim. If Jaguar is doing well in Formula E, it couldn’t hurt the I-Pace, he said. “But I don’t think it would have a huge positive impact on awareness of the vehicle.”Jaguar has sold an average of about 190 I-Pace crossovers a month since U.S. sales began. Tesla, by comparison, was delivering Model Xs at a clip of about 550 a month in its first year on the market, beginning in 2015, according to InsideEVs.com estimates.The Audi e-tron has been on the market in the U.S. for only four months, but during that time, it has averaged sales of about 745 units, InsideEVs estimates. In July, 3.5% of Audi’s U.S. sales were all-electric, and the company expects that number to climb to 30% by 2025.“We are confident that we are and will continue to deliver an offering that customers will want to be part of,” Cian O’Brien, the interim president and chief operating officer of Audi of America, said in an email.$3,000 IncentiveAfter initial efforts to nab electric-car buyers proved challenging, Jaguar has decided to attack Tesla head-on.The brand is offering Tesla owners a $3,000 discount on the I-Pace for the next month and a half. “This is all about capturing share of voice,” Stuart Schorr, a Jaguar Land Rover spokesman, said in an email. “The EV market is just at its infancy.”Jaguar is confident that I-Pace sales will improve.“Consumers, as a result of seeing our race program, do consider us to be a car brand they would consider for their electric car purchase,” said Barclay, the racing director. “Rome wasn’t built in a day, and for a premium automotive manufacturer with their first electric vehicle, it takes time in the market.”To contact the reporter on this story: Colin Beresford in New York at cberesford10@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Melinda GrenierFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Motley Fool

    A Historian's Take on the Future of Cars

    Historian and author Dan Albert explains the surprising and fascinating history of America’s relationship with the automobile.

  • Tesla pitches a solar rental program to boost its renewable energy business

    Tesla pitches a solar rental program to boost its renewable energy business

    Tesla is pitching customers on a new rental offering for solar power as a wayto revive the flagging fortunes of its renewable energy business

  • Bloomberg

    Tesla Relaunches Solar-Panel Business With No-Contract Rentals

    (Bloomberg) -- Tesla Inc. has another new plan to revive its foundering solar division: rentals.The Palo Alto, California-based company is now offering no-contract solar-panel packages as part of a relaunch announced in a series of tweets early Sunday by Chief Executive Officer Elon Musk.“With the new lower Tesla pricing, it’s like having a money printer on your roof,” Musk said in a tweet to prospective customers who live in states with high electricity costs. “Still better to buy, but the rental option makes the economics obvious.”The relaunch comes less than a month after Tesla reported its third consecutive quarterly decline in solar installations, and less than three years after it bought longtime rooftop king SolarCity Corp. for $2.6 billion. The automaker deployed just 29 megawatts in the second quarter -- its fewest yet in a single period. At its height, SolarCity installed more than 200 megawatts over three months.“It seems clear that Tesla is now trying to rebound their growth volumes having hit record lows by reverting back to a ‘no-money’ down type of model,” Michelle Davis, senior solar analyst at Wood Mackenzie Power & Renewables, said in a direct message on Twitter. “Tesla will need to prove they can manage their financials successfully this time around.”Since acquiring SolarCity, Tesla has made several strategic pivots that have contributed to an erosion in its market share. It ceased door-to-door marketing, ended a partnership with Home Depot Inc., cut jobs and opted to prioritize direct sales over the no-money-down lease that SolarCity popularized.Earlier this year, it shifted to offering standardized panel systems online, rather than the bespoke arrays that’s driven the rooftop-solar industry’s growth in the U.S.Tesla’s rental option can be had for a monthly payment that includes installation costs as well as support and maintenance, according to the company’s website. The contract can be canceled at any time, Tesla said, though there would be a $1,500 cost to remove the system.\--With assistance from Ellen Milligan.To contact the reporter on this story: Brian Eckhouse in New York at beckhouse@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Matthew G. Miller, Helen RobertsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • NIO Stock at Bargain Price amid Battery Recall, Sales Slump
    Market Realist

    NIO Stock at Bargain Price amid Battery Recall, Sales Slump

    Nio Inc. (NIO) has disrupted the automotive space since 2014 but only made waves in the market since its IPO. Investors have suffered numerous setbacks.

  • Touch-Screens in Cars Don’t Make Us Safer – Yet

    Touch-Screens in Cars Don’t Make Us Safer – Yet

    (Bloomberg Opinion) -- Two years ago, 10 sailors died when the U.S. Navy’s guided missile destroyer USS John S. McCain collided with a chemical tanker off Singapore. An investigation has determined that insufficient training and inadequate operating procedures were to blame, and both factors were related to a new touch-screen-based helm control system. The Navy has decided to revert its destroyers back to entirely physical throttles and helm controls.It’s worth exploring the Navy’s rationale for installing touch-screens (“Just because you can doesn’t mean you should,” says Rear Admiral Bill Galinis), as well as its rationale for getting rid of them:Galinis said that bridge design is something that shipbuilders have a lot of say in, as it’s not covered by any particular specification that the Navy requires builders to follow. As a result of innovation and a desire to incorporate new technology, “we got away from the physical throttles, and that was probably the number-one feedback from the fleet – they said, just give us the throttles that we can use.”There are lessons here — including a prescient one from 50 years ago — for other, more mundane transport-control interfaces as well.Large, interactive touch-screens are becoming increasingly prevalent in passenger cars; in the case of Tesla, they’re the only control interface. They’re lovely to look at, but as the Navy’s experience suggests, they might be more confusing than physical controls. That confusion isn’t academic, either: Distracted driving is an increasingly dangerous problem. According to the National Highway Traffic Safety Administration, 10% of all fatal crashes from 2012 to 2017 involved distracted drivers. Mobile phones are a major cause of distraction, as we’d expect, but they’re an even bigger problem for younger drivers.Almost 50 years ago, robotics professor Masahiro Mori wrote an extraordinary essay, “The Uncanny Valley,” on people’s reactions to robots as they became more and more humanlike. As Mori said, our affinity for robots rises as they more closely resemble humans. That affinity plunges, becoming negative and finally rising again once a robot reaches the (possibly unattainable) full likeness of a human being.Something similar is at work in our current touch-screen-filled vehicles. To an extent, adding more screen real estate give us more information, and with it more safety — until it begins to provide an overwhelming amount of information and an overly complex set of choices for visual navigation. And moving from one information-rich interface to another is increasingly difficult, as another Navy rear admiral said in reviewing the John S. McCain collision:When you look at a screen, where do you find heading? Is it in the same place, or do you have to hunt every time you go to a different screen? So the more commonality we can drive into these kind of human-machine interfaces, the better it is for the operator to quickly pick up what the situational awareness is, whatever aspect he’s looking at, whether it’s helm control, radar pictures, whatever. So we’re trying to drive that.There are two ways our in-car screens could evolve. The first is that, for safety’s sake, they’ll move back down the curve, so to speak, and be less ambiguous and more full of knobs and dials and physical throttles. That’s the Navy’s new approach. The second, though, is that we won’t go back, at least in passenger applications, to a more tactile interface of specific controls. We’re probably going to get more screens, with more information. Maybe the only way out of this valley is to shift the interface completely to voice or, in the very long run, to obviate the issue by having cars drive themselves. That could be how we navigate this uncanny valley of vehicle interfaces — the removal of any need to control the vehicle at all, and the chance to fill our cars’ screens with pure entertainment. Weekend readingA greener energy industry is testing investors’ ability to adapt. One coal CEO says “make money while you can” in an industry that is in terminal decline. The venture capital arm of Royal Dutch Shell Plc has invested in Corvus Energy, a maritime and offshore battery systems company. America’s obsession with beef is killing leather. A look at how Phoenix comes alive at night, and how other cities might too in a hotter world. An exploration of how extreme climate change has arrived in America. The Anthropocene is a joke. On a geological time scale, human civilization is an event, not an epoch. Three years of misery inside Google, the happiest company in tech. Here’s what happens when Apple Inc. locks you out of its walled garden after fraud suspicions. Machine vision can spot unknown links between classic artworks. When Midwest startups sell, their hometown schools often lose. A programmer in California got a “NULL” vanity license plate in the hopes that the word would not compute in a database of traffic offenders. Instead, he was fined $12,049. Robert Ballard, discoverer of the Titanic, is exploring a startling clue that may help him find Amelia Earhart’s plane.   Bugatti’s one-off La Voiture Noire debuted at the Pebble Beach Concours D’Elegance. It’s already been sold, for $18.68 million. Bloomberg Businessweek’s Peter Coy looks back on the 40 years since the magazine declared “ the death of equities.” Get Sparklines delivered to your inbox. Sign up here. And subscribe to Bloomberg All Access and get much, much more. You’ll receive our unmatched global news coverage and two in-depth daily newsletters, the Bloomberg Open and the Bloomberg Close.To contact the author of this story: Nathaniel Bullard at nbullard@bloomberg.netTo contact the editor responsible for this story: Brooke Sample at bsample1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nathaniel Bullard is a BloombergNEF energy analyst, covering technology and business model innovation and system-wide resource transitions.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Tesla Model 3 Ranked ‘Best Electric Car,’ Musk Approves
    Market Realist

    Tesla Model 3 Ranked ‘Best Electric Car,’ Musk Approves

    According to YouTube’s most noted auto reviewers, Tesla’s Model 3 is the “best electric car” available today. Tesla produces 5,000 Model 3 units per week.