Stories by Sarah Lee-Jones
Tesla Hits All-Time High, Market Cap Surpasses $900 Billion
Tesla’s stock price touched a new all-time high on Friday morning, reaching $910 per share, while the company’s market cap also surpassed $900 billion at one point. The new high for the electric vehicle maker came down slightly, but as of writing, shares are trading at $906, up 1.4% for the day. $TSLA will hit […]
Tesla Vehicle Dynamics Team Explains Model S Plaid Record at Nurburgring [VIDEO]
Tesla has shared a new video detailing its Model S Plaid record lap at the iconic Nurburgring race course in Germany, achieved last month. The video was shared by Tesla on its LinkedIn page (spotted by @TeslaClubIN), in an effort to recruit new employees. In the video, the Tesla Vehicle Dynamics Team shares some insight […]
Tesla 2021.36.5.1 Software Update Rolling Out
Tesla has started rolling out its 2021.36.5.1 software update as of yesterday and today, as detected by both @Teslascope and @TeslaFi. Numerous cars receiving this update were Model S Long Range and Model S Plaid vehicles in the United States. Model S vehicles previously had 2021.36.5, 2021.36 and 2021.32.21 installing, prior to receiving the notification […]
Tesla Model S Plaid Drives Underwater Again to Test ‘Submarine’ Mode [VIDEO]
After driving his Tesla Model S Plaid underwater back in September, YouTube channel Chillin’ with Chet was back at it again with his modified Tesla, to again drive it underwater. As Chet drives the Model S Plaid underwater the second time around, the vehicle does end up making it from start to finish by itself, […]
Tesla Explains its Pricing Changes, Says ‘Profound Awakening of Desirability’ for Electric Vehicles
During Tesla’s record Q3 2021 earnings call yesterday, the company took some time to explain its recent price increases. According to Zach Kirkhorn, the company’s Chief Financial Officer (and Master of Coin), he detailed “pricing has been a really difficult thing for us over the last couple of quarters.” Kirkhorn went on to say, “the […]
Tesla Cybertruck Seen Ripping Around Giga Texas and More in New Video
Tesla showrooms are showing off new footage of the company’s upcoming Cybertruck, showing the vehicle driving around New York City and also Giga Texas. The video shared by Harsimran Bansal (@harsimranbansal) below shows Cybertruck driving on a bridge away from Manhattan in New York City, then also ripping around a field and next to Gigafactory […]
Tesla Q3 2021 Earnings Call Transcript and Audio Supercut [VIDEO]
Tesla announced a record Q3 2021 yesterday, resulting in all-time highs in net income and revenue, while gross margins are nearing an astounding 30%. The company saw $1.6 billion net income from $13.7 billion in total revenues and now has $16 billion in cash and cash equivalents. Tesla is firing on all cylinders, so to […]
Tesla Warns FSD Beta Testers of ‘3 Strikes’ Rule to Enforce Safe Driving
Tesla has been warning its Full Self-Driving beta testers about driving safely when testing the beta program, as a ‘three strikes’ and you’re out rule has been implemented. According to an email shared by @WholeMarsBlog, Tesla writes to a FSD beta tester the following: “You are receiving this email because telemetry from your vehicle was flagged […]
Tesla Shares New Images of Gigafactories in Texas, Shanghai and Berlin [PICS]
Tesla today announced recording earnings for its third fiscal quarter in 2021, despite the ongoing global semiconductor shortage and supply chain pressures. The company’s shareholder slide deck also shared some new pictures from its Gigafactories in Texas, Shanghai and Berlin. At Gigafactory Texas, we get to see a view of some “office space with factory […]
Tesla Shifting Model 3/Y Standard Range Cars to LFP Batteries Globally
During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]
Tesla Supercharger Stations Increase 49% Year-over-Year in Q3
During Tesla’s Q3 2021 earnings, the company revealed record net income, operating profit and gross profit. The company saw $1.6 billion GAAP net income from $13.7 billion in total revenues. When it comes to the company’s operation summary, Tesla said its Supercharger stations increased 49% year-over-year (YoY), with 3,254 total at the end of Q3. […]
Tesla Q3 2021 Earnings: Record $1.6 Billion Net Income, $13.7 Billion Revenue
Tesla has just released its Q3 2021 earnings, achieving the company’s best-ever net income, operating profit and gross profit. The company saw $1.618 billion in GAAP net income from $13.757 billion in total revenues. “We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%, exceeding our […]
First Tesla Location in Greater Victoria Will Be in Langford
Image via @MarcoRPTesla The location of the first Tesla sales and service center in Greater Victoria has been revealed. It has been rumoured the Tesla location would be in Langford, and now we have the exact address, according to @MarcoRPTesla. The address will be at 2371 Gate City Blvd, which is kitty-corner to the Costco […]
Canada Sees Zero-Emission Vehicle Registrations Surge in Q2 2021
Statistics Canada has released data for vehicle registrations in Canada for Q2 2021. Looking at new motor vehicle registrations for zero-emission vehicles (ZEV; which includes battery, plug-in hybrid-electric and hybrid electric vehicles), there were 24,006 for the second quarter, taking 4.9% of total vehicle registrations. Canada says 49.1% of new ZEVs were registered in Quebec […]
Tesla’s Cybertruck Will Have Removable Side Mirrors, Confirms Elon Musk
Earlier today, we saw a blurry video showing Tesla’s Cybertruck driving around with rear-wheel steering, while also sporting side mirrors for the first time. Now, we have confirmation the Cybertruck will have side mirrors, as per CEO Elon Musk. On Tuesday morning, Musk replied to a tweet by @adamhoov, with the latter saying “I’m not […]