Stories by Peter McGuthrie

Tesla Hits Record Sales in China for December 2020

Tesla’s no stranger to setting records, and a recent record for December 2020 shows how successful the company really is. In December 2020, Tesla registered 23,804 Model 3s in China, according to numbers shared by the China Passenger Car Association (CPCA) and as reported by Tesmanian (save 10% off mats with coupon code TESLANORTH10). This […]

Tesla Model Y NHTSA Crash Tests See Perfect Scores [VIDEO]

Another major benefit of Tesla’s cars, beyond their lack of carbon emissions, is the sheer level of safety they offer. From one test to the next, Tesla continues to make improvements to the safety of its cars, and in a recent test, it showed the same marked improvement one might expect. In a recent set […]

Tesla Incorporates Subsidiary in India, Ahead of Expected 2021 Launch

Tesla has been expanding its operations all around the world, and the newest expansion is well on its way to coming to fruition. According to a regulatory filing Tuesday, Tesla has officially incorporated Tesla Motors India and Energy Private Limited from its Bengaluru office, as reported by Reuters. The filing brings the company one step […]

NIO Stock Hits All-Time High Following ET7 Announcement

Chinese electric vehicle (EV) maker NIO unveiled its first sedan on Sunday, the ET7, which resulted in its shares outperform most of its automaker peers on Monday. After sharing the ET7 and its solid-state battery pack, NIO’s shares reached an all-time high of $66.99 on Monday while other stocks, including Tesla, saw a major decline […]

SpaceX’s Starlink Internet Beta Launches in the UK

SpaceX’s Starlink internet has a lot to offer to rural consumers. The low-Earth orbit internet service provider (ISP) has already starting offering beta testing to a number of North America customers, and now it will do the same for an entirely new market. On Monday, Business Insider reported that the UK government has approved SpaceX’s […]

Bank of America Increases Tesla Price Target to $900

Tesla (TSLA) had quite the year in 2020 – between entering the S&P 500 and seeing its shares grow exponentially from start to finish, the company is in good shape to start out 2021 on the right foot. On Monday, Bank of America raised Tesla’s (TSLA) price target to $900, as reported by Seeking Alpha. […]

Tesla Hiring Design Director for China EV Studio: Report

Tesla has been expanding its operations around the world as of late, and to do so, it will need to expand its employee base too. On Sunday, Reuters reported that Tesla is currently searching for a design director in China, according to sources familiar with the matter who remained anonymous. The hire will be a […]

Tesla Model 3 is Iceland’s Best-Selling Car in 2020

Perhaps unsurprisingly by this point, Tesla has achieved top-selling car spots for its Model 3 around the world. In the latest news of the Tesla Model 3’s vast worldwide success, it has now also achieved the title of Iceland’s best-selling car in 2020, with a total of 856 units sold, according to numbers from the […]

Tesla Says South Korea Green Car Incentive Policy is Unfair

A new Korean policy is hoping to incentivize local car manufactures to build more electric vehicles (EVs), though the policy won’t help every car company on the market, at least in its current state. On Thursday, Korea Times reported that Tesla is claiming the Korean policy to be unfair, due to a clause that states […]

U.S. Regulator Says Tesla Vehicles are Safe, Rejects Defect Petition

Tesla has been involved in a number of different safety probes over the past year, some of which were even caused by events or accidents that happened on the road. On Friday, the National Highway Traffic Safety Administration (NHTSA) announced that it would deny a petition to seek formal review of 662,000 Tesla vehicles, as […]

Billionaire Investor on Tesla: ‘Don’t Sell a Share’, Valuation Could Triple

“Don’t sell a share,” says billionaire investor Chamath Palihapitiya regarding Tesla’s current stock. Palihapitiya shared Thursday that Tesla’s stock (TSLA) could be worth three times its current valuation, making CEO Elon Musk the world’s first trillionaire, as reported by CNBC (via Market Insider). Tesla’s shares increased 6.9% on Thursday, and Musk passed Jeff Bezos to […]

China’s Baidu to Build Smart Electric Cars: Report

Companies around the world are trying to get their feet wet with the zero emissions vehicle craze, and now’s certainly the time, if there ever was one. Baidu, China’s leading search engine company, has begun talks of creating a company to produce its own smart electric vehicles (EVs), according to Reuters. The company will manufacture […]