Why Tesla Stock Fell Sharply on Wednesday @themotleyfool #stocks $TSLA

By September 2, 2020 0

The electric-car maker’s stock is getting pummeled as some traders lock in profits.

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- Elon Musk says Tesla was wrong to throttle Model S battery voltage
  Tesla CEO Elon Musk said that the company was wrong to throttle the battery voltage of 1,743 Model S sedans. Tesla agreed to pay $1.5 million in settlement claims to the owners of these vehicles, giving them a $625 check each. Earlier this week, it was reported that an Over-the-Air update was dispatched by Tesla
- Elon Musk speaks out about Tesla's $1.5 million payment to settle a battery-charging lawsuit, saying 'if we are wrong, we are wrong. In this case, we were.'
  Tesla CEO Elon Musk on Friday said the EV maker had been wrong to lower the maximum charging capacity for some vehicles in a 2019 software update.
- Elon Musk: 'I don't want to be CEO of anything'
  Elon Musk reiterated on Friday that he doesn't want to be Space X or Tesla boss. What's going on?
- Elon Musk as Apple's New CEO, Face ID on Mac, iPhone 13 & More!
- Blue Origin protest of NASA's SpaceX moon contract denied
- Bezos loses appeal of NASA's plans to use Musk moon lander
  The federal government Friday rejected an appeal by billionaire Jeff Bezos’ Blue Origin to get in on NASA’s plans to return astronauts to the moon by using rival Elon Musk’s SpaceX. NASA in April awarded the $2.9 billion contract for a lunar lander to the more established SpaceX, which also offered a cheaper price than the bids from Blue Origin and Dynetics Inc., a subsidiary of Leidos. The two losing companies appealed the contract to the Government Accountability Office on the grounds that there should have been multiple contracts and that the proposals weren’t evaluated correctly, but the agency rejected their request.
- Elon Musk Shares Pic of Super Heavy Booster's Inner Workings
  SpaceX CEO Elon Musk shared a photo of the Starship Super Heavy Booster's engine so that you can get a good grasp of its massive size and intricate components.
- Blue Origin protest of NASA moon lander choice nixed by government agency
  Blue Origin's protest against NASA's decision to not hire the company to build its next human moon lander has been shut down by the U.S. Government Accountability Office (GAO).
- Jeff Bezos loses attempt to block the Moon-landing contract NASA gave to SpaceX
  Bezos' Blue Origin protested SpaceX deal, but GAO said NASA didn't break any laws.
- So, This Is What It Takes to Get Tim Cook to Say ‘F*ck’
  Elon Musk reportedly left a few details out of his "I tried to get Apple to buy Tesla" story.

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