Morgan Stanley analyst Adam Jonas upgraded his Tesla price target to $1,300 from a previous target of $1,200, according to The Street. Jonas says it’s the U.S. electric vehicle (EV) maker’s dominance amidst increasing competition that makes it an important stock, despite not being Morgan Stanley’s top EV pick. Jonas said, “We believe there are […]
Following a rumor that surfaced a few weeks ago saying that Tesla had sold 70,500 vehicles in China in December, Tesla’s actual sales numbers for December have come out and they’re even more record-breaking than most thought. Tesla sold 70,847 Shanghai-produced EVs in December, according to data shared by the China Passenger Car Association (CPCA) on […]
Tesla will officially be allowed to produce as many as 2,000 Model Y bodies at its not-yet-approved Gigafactory Berlin-Brandenburg, according to an advanced approval document shared on Monday by Electrek. While Tesla is still awaiting final approval from the Brandenburg Ministry’s Environmental arm, the company reportedly wasn’t happy with the first 250 Model Y bodies […]
Brian Riebe Drives Electric shared results of how his Model Y did in a below-zero weather test on Sunday, following the snowstorm traffic jam in Virginia which took place last week. In the video, Riebe starts by charging his vehicle and pre-conditioning it before going for a drive, then spends most of his time inside […]
Amidst the increasing popularity of electric vehicles (EVs) throughout Europe, Tesla has sold out of its flagship sedan for the first part of the year. Just 10 days into the first quarter, Tesla has sold out of all Model 3 variants in Q1 for European customers, according to updated delivery dates on the region’s Model […]
After Tesla stopped accepting Tesla Model S and X orders outside of North America last month, the company is now set to reveal its premium electric vehicles (EVs) in Taiwan. The first Model S and X refresh units are set to take place in Taiwan, according to an email from Tesla shared by @Michael Hsu, […]
Goldman Sachs analyst Mark Delaney raised his price target on Tesla to $1,200 from $1,125 on Monday, citing the automaker’s “robust Q4 deliveries” as a sign of future growth, according to The Street. In addition, Goldman Sachs called Tesla a “Top 2022 Pick,” emphasizing the company’s vertical integration of both software and hardware in its […]
As tech companies like Apple seek to break into the auto market with the onset of electric vehicles (EVs), the move away from engines and towards software is offering opportunities to previous outsiders to the market. Along with other suppliers, Apple sought out the largest Japanese vehicle air conditioning unit manufacturer, Sanden, to help supply […]
A crucial part of owning one of Tesla’s electric vehicles (EVs) is the ability to have it serviced by the company, and that’s expected to get a little easier for Tesla owners in the Dayton, Ohio area. Tesla will open a service center in Moraine, Ohio, according to a statement from the city reported on […]
Police in North Judson, Indiana are poised to gain a new electric vehicle (EV) squad car, after city council voted to approve the purchase of a Tesla. North Judson Town Council voted on Monday to authorize the purchase of a Tesla vehicle to add to the town’s police department, according to WKVI. Town Marshal Kelly […]
Following reports last month that some Ford dealerships were marking up F-150 Lightning prices by as much as $30,000 USD, the company has officially advised its dealerships to stop adding additional deposits or payments. Ford has sent a notice to its dealerships warning them against requiring marked-up payments for F-150 Lightning orders, according to a […]
As Tesla expands its Model Y electric vehicle (EV) to markets in the United Kingdom, a number of reservation holders for the electric SUV are set to receive first deliveries of the vehicle, according to an email sent by Tesla. Tesla is sending out emails to UK customers with Model Y reservations saying to prepare […]
Tesla upgrades its electric vehicles (EVs) incrementally, and a new update shows that the U.S. automaker is reportedly making some universal changes to all upcoming Model 3 and Y vehicles. Tesla is making changes to its Model 3 and Y units that are set to apply to both Fremont and Shanghai-built models, which will be […]
China’s largest battery maker CATL built a battery production facility in Shanghai just blocks from Tesla’s Gigafactory Shanghai last year, and a new report shows the factory has already been supplying the nearby automaker. The CATL plant in Linang, Shanghai has been supplying Tesla Gigafactory Shanghai with batteries since November 2021, according to a report […]
In 2020, one Tesla Model S owner surpassed 1,200,000 kilometers (745,645 miles) and was congratulated by Tesla CEO Elon Musk himself, and two years later, that Model S is still racking up kilometers. @Gem8mingen‘s Tesla Model S has officially hit 1,500,000 kilometers (932,056 miles)., as seen in a photo shared on Thursday of the odometer […]
