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Tag: Tesla

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Elon Musk Accuses Xpeng Inc (XPEV)’s Engineer of Stealing Apple’s Code

The Chinese automaker Xpeng is facing a lawsuit for possibly stealing the source code of the plaintiffs. Tesla’s owner Elon Musk is one of the most active persons on Twitter. In a recent debate on the social network, Musk claimed the Chinese automaker Xpeng had stolen Apple’s source code. Earlier in July 2019, Tesla’s former engineer Guangzhi Cao was caught transferring Tesla’s Autopilot source code to his iCloud account. Cao admitted his fault, and for this act, the leading automaker sued Cao for giving the secret code to Xpeng. Xpeng also popular as Chinese Tesla is once again under highlights

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Tesla (TSLA) Stock’s Surge Remain On Wednesday, S&P 500 Listing News Still Adding

Tesla (TSLA) shares jumped 10.20 percent at the close of trading on Wednesday, up nearly 427 percent since the beginning of the year. The company’s stock kept surging for 2nd day as the S&P Dow Jones Indices on Monday announced plans to include the shares of the electric car manufacturer in the benchmark S&P 500 index in December.  The company’s stock gained 19.25 percent in last 2 trading sessions. In the S&P 500, Tesla may become one of the most valuable firms, and its share in the index may surpass 1 percent. Tesla’s share price was $486.64 at the close