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TSLA Stock News: 3 Most Important Headlines Tesla Investors Need to Know This Week

Source: Rokas Tenys /

You’re here (NASDAQ:TSLA) closed this week in the green. Although the past week has brought considerable turbulence to TSLA stock, it has now regained some momentum. It doesn’t come too soon either. Economic headwinds continue to pose constraints for high-growth tech stocks. But even as CEO Elon Musk’s grim comments trended, Tesla was able to resist the negativity.

Musk recently described gigafactories in Austin and Berlin as “giant money furnaces,” but TSLA stock is still up more than 13% for the week. InvestorPlace Louis Navellier believes that investors should not worry about these losses either.

Let’s take a look at the top TSLA stock stories of the week that investors should read.

Top Headlines for TSLA Equity Investors

1. Elon Musk says he fears keeping Tesla out of bankruptcy

Elon Musk has been very outspoken about Tesla’s issues lately. He said the following in a recent interview:

“The last two years have been an absolute nightmare of supply chain disruptions, one thing after another […] We are not out of it yet. Our main concern is how to keep the factories running so we can pay people and not go bankrupt. »

Gordon Johnson of GLJ Research recently discussed Tesla’s problems with CNN Business. According to Johnson, much of the company’s woes can be traced to its operations in China. Johnson also flagged Tesla’s recent layoffs as a “key telltale signal” that investors shouldn’t ignore.

2. Tesla relaunches $6,000 Enhanced Autopilot – gutting fully self-driving package in the process

Tesla may be facing trouble in Berlin and Austin, but it’s also doubling down in one of its most watched areas. Specifically, the electric vehicle (EV) leader has relaunched its Enhanced Autopilot option. Electrek reports that the company also “pulled nearly every feature from its Full Self-Driving (FSD) package in the process.” Although Tesla has repeatedly changed the prices and options of its FSD program, it seems focused on the future. The new package is priced at $6,000 and includes auto lane change, auto park, summon features and more.

3. How much does it cost to charge a Tesla? It is often cheaper than gasoline.

President Joe Biden recently announced plans to offer a gasoline tax exemption, but prices continue to rise. With the demand for electric vehicles also increasing, a question must be asked: how economical is it to drive a Tesla? According USA todaythe answer is very. The outlet reports that at 40 miles per gallon, “driving 100 miles will cost $11.55 in fuel if you pay $4.62 per gallon. Tesla can go as low as around $3 per charge for 100 miles.

Of course, gas prices could go down. Replacing a Tesla battery is also a considerable cost. But USA today notes that most Tesla drivers are unlikely to need their batteries replaced anytime soon.

At the date of publication, Samuel O’Brient held (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to Publication guidelines.