The market wasn’t particularly impressed by Tuesday’s Tesla Motors Inc TSLA 2.16% product announcement. The company unveiled a new P100D battery pack that it claims will make its Model S the fastest production car in the world.
After the announcement, Tesla shares gave up most of their gains on the day, and shares were down 1 percent in Wednesday trading.
In the years since Tesla’s IPO, the company has a history of market-moving product launches. Here’s a look back at four of Tesla’s biggest unveilings.
- Model X SUV- Feb 9, 2012: Tesla’s Model X SUV unveiling sent shares up 4.9 percent in the week that followed and 6.6 percent in the next month.
- Powerwall Battery – April 30, 2015: The unveiling of the new home battery pack sent shares up 4.7 percent in the first week following the announcement and 10.9 percent in the month that followed.
- Autopilot- October 14, 2015: Tesla announced limited self-driving capabilities for the first time. After the announcement, Tesla shares fell…
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