Image via WSJ Following a rough year in the market for the technology sector, most investors have stopped buying the dip on most stocks, except for one–Tesla. Tesla’s stock is still being purchased at its low price, while other retail investors have largely stopped buying the dip in various tech stocks, according to The Wall […]
Tesla began offering sales of the Model Y in Australia and New Zealand last June, so far comprised only of the single-motor rear-wheel-drive variant. Now, however, Tesla has developed the first of its Model Y Performance units for the New Zealand market, with Australia soon to follow, according to a report from The Driven. The […]
General Motors (GM) is planning to invest $918 million into four U.S. plants dedicated to building V-8 gas engines and electric vehicle (EV) components, according to an announcement made on Friday. The news comes after GM shared plans to begin selling fully-electric models only by 2035, showing that the automaker will continue needing to balance […]
Tesla’s flagship sedan and SUV have earned three separate awards on Britain’s “What Car?” index, as shared on Friday in videos and on the rating index’s website. The Tesla Model Y earned the “Best for Safety” award in the ranking system, while the Tesla Model 3 earned titles for both “Best for Efficiency” and “Best […]
Tesla has submitted an application for Florida’s largest V3 Supercharger station, set to be installed in Gainesville, according to filings with the city, shares @MarcoRPTesla. The Supercharger station will include 24 V3 stalls and will be built at 6795 W. Newberry Rd. at the Oaks Mall Plaza, right off of I-75. Marco notes that all […]
Tesla China has shared four rabbit-themed wallpapers in celebration of the upcoming Lunar New Year holiday, as shared on Twitter by @Yan Chang on Friday. The four wallpapers include two with rabbit designs appearing near the center, one of which is a geometric outline of the 3D rabbit’s contour lines, while the other shows a […]
Tesla has opened a new parts distribution center in Giengen, Germany this week, according to a press release shared on Friday, reports TeslaMag (via @Berlinergy). An opening ceremony for the parts and distribution center was held on January 12, with the center set to employ 18 people to start before ramping up hiring, according to […]
Tesla’s price cuts seem to be having their intended effects, with shoppers researching the automaker’s vehicles at increasing rates since the cuts, according to a report from Automotive News. Auto research website Edmunds saw significant increases in research of Tesla’s vehicles, with the Model Y even becoming one of the top-searched vehicles on the platform. […]
A new analysis of profitability data from Reuters suggests that Tesla is wielding its profits as a weapon in its recent price cuts, which some are now referring to as a price war. Tesla now earns more per car than any other automaker across the globe, as shown in the industry data. In the third […]
Data from an eight-car pileup led by a Tesla Model S in San Francisco, California shows that the vehicle’s driver assist system was engaged within 30 seconds of the accident, according to a report from CNN. It’s unclear if this was referring to Autopilot or Full Self-Driving beta, according to the CNN report, as it […]
The vehicle rental company Hertz has launched the Hertz Electrifies initiative in Denver, geared toward helping to increase electric vehicle (EV) adoption, as stated by the company in a press release on Thursday. The initiative also oversees a new partnership between Hertz and the city of Denver to help spur the transition to EVs, with […]
Tesla is planning a multi-million-dollar investment into a showroom and service center in Hamilton, Ontario, Canada, at the CF Lime Ridge shopping center, according to a report from The Hamilton Spectator. The 60,000-square-foot was formerly a retail center and is now set to be reworked into a Tesla storefront and service center, only requiring a […]
Tesla’s Gigafactory Berlin-Brandenburg needs to to ramp up production even more, according to Germany’s Economic Minister Jörg Steinbach in a statement on Thursday (via Reuters). Steinbach said that Tesla’s Giga Berlin should speed up production specifically to help reduce wait times for buyers, stated at a public discussion hosted by one of Germany’s largest industrial […]
Marine communications provider Tototheo Maritime has now added SpaceX’s Starlink internet to its portfolio of options for connectivity, according to an announcement made earlier this week. The two parties finalized a contract in December 2022, and Cypress-based Tototheo plans to deploy Starlink internet service by the end of this month. Starlink’s low-Earth orbit (LEO) internet […]
SpaceX launched the GPS III Space Vehicle 06 mission on Wednesday using the Falcon 9 first-stage booster. The GPS III is a satellite for the US Space Force. This was the second launch and landing for this particular Falcon 9 booster, taking place at the Cape Canaveral Space Force Station in Florida. Previously, this booster […]
