Tesla and CEO Elon Musk have been known to offer ambitious timelines for the rollout of its products, with schedules changing frequently at random times. On Tuesday, @Tesla_Adri pointed out Tesla’s European Model Y configurator changed its description from “production is scheduled to start mid-2021,” to “deliveries expected end of 2021.” One person noted that […]
On Monday, Tesla held its quarterly earnings call for Q1 2021, and while Tesla saw record-breaking net income numbers, CEO Elon Musk also qualified for another hefty payout. Tesla’s record-breaking first-quarter earnings earned Musk payouts from stock options totaling $11 billion, according to Yahoo Finance. The news of Tesla’s $438 million net income, along with […]
Tesla’s Gigafactory Austin is well on its way to completion, and upon finishing the factory this summer, the plant will begin producing the long-awaited Tesla Cybertruck. On Monday, Bryan Roschetzky shared a video of current progress on Tesla’s Gigafactory Austin, with specific shots of the company’s second bridge crane arriving and ending up on the […]
In a Q1 earnings call on Monday, Tesla (TSLA) reported a record net income of $438 million, with $10.39 billion in revenue. Following the call, one analyst has upgraded his price target for the company’s shares. Oppenheimer analyst Colin Rusch raised Tesla’s price target to $1,080 from $1,036 on Tuesday, maintaining an Outperform rating on […]
On Tuesday, Loup Ventures Co-Founder and Managing Partner Gene Munster debated the bear-ish Gordon Johnson, the founder and CEO at GLJ Research on CNBC’s Squawk Box. In the segment, Munster said that Tesla (TSLA) is a “definitional growth story,” despite many production issues with the recent semiconductor shortage and Munster said, “This is rare what’s […]
Earlier this month, NASA awarded SpaceX with a mission contract to head back to the moon, and one space exploration company is not happy about it. On Monday, Jeff Bezos’ space exploration company, Blue Origin, formally filed a protest with the Government Accountability Office, alleging that NASA’s decision “moved the goalposts last-minute” for contract-bidding companies, […]
Tesla occasionally adds incremental upgrades its vehicles, coming at random times, and now we’re again seeing a feature that first debuted in China make its way to the United States. Photos of a Tesla Model 3 with white interior trim and a new door panel design were shared to Reddit on Monday, before being […]
Alongside working to solve climate change through widespread zero-emission vehicle adoption, Tesla is now looking to recycle its EV hardware to reduce battery and motor waste. Tesla plans to add an electric vehicle (EV) component recycling facility at Gigafactory Shanghai, according to a document Tesla submitted in Shanghai (via Reuters). The facility would be particularly […]
Xbox’s Xcloud beta gaming mode actually works in Tesla’s web browser, according to a post shared Sunday on Reddit. According to u/NoNoveltyNeeded in the Tesla Motors subreddit, the user reported that Xcloud offered an “unsupported browser” warning message, they said they were able to proceed and play the game, as shown in the photo. For […]
With Tesla’s Q1 earnings call scheduled for later today, Wedbush Securities Managing Director Dan Ives spoke with CNBC about Tesla’s delivery forecast being the most important factor to Tesla’s earnings, saying that the company’s delivery forecast could be headed toward 900,000 for 2021. Ives and Wedbush currently have Tesla’s price target set at $1,000, with […]
After a proposal to build a 62-stall Tesla V3 Supercharger passed in Santa Monica, the future of the project was thrown into murky water after the City Council used a zoning loophole to delay the proposal’s full approval. On Friday, however, the Santa Monica Supercharger project was given new life by the council, with […]
One JPMorgan Asset Management Manager said Monday that China-based electric vehicle (EV) companies NIO and Xpeng Motors are best slated to rival EV giant Tesla in terms of global market share, as reported by the South China Morning Post. While the companies may take years to become profitable, they’re still considered the best bets in […]
Following new zero-emission vehicle charging stations announced across Ontario and other parts of Canada, one city has announced plans to add four Tesla Model 3s to its fleet. The City Council of Sudbury announced plans to purchase four electric vehicles (EVs) in a press release on Thursday, as part of a larger initiative to electrify […]
My Tesla Weekend released a video Thursday featuring progress from all three of Tesla’s ongoing Gigafactory construction projects with a 9-month, side-by-side look at the build progress of each. The video compiles shots from Gigafactories Shanghai, Berlin, and Texas (U.S.) captured by Jason Yang, Tobias Lindh, and Jeff Roberts. The video’s host mentions that, while […]
Honda unveiled an electric SUV prototype at Auto Shanghai earlier this week, and in a new update, the company has made new pledges to strive towards electrifying and increasing safety in upcoming models. The company announced today a target of selling 100% zero-emission electric vehicles (EVs) in the U.S. by 2040 on Thursday, in either […]
