More Tesla naysayers are coming around, as the electric automaker continues to make unprecedented gains. Evercore ISI analyst Chris McNally told investors on Friday, “whether we call it valuation confusion or valuation rotation, we have been on the considerably wrong side of Tesla for over a year now.” McNally removed its sell rating on Tesla for the […]
Could a cheaper Tesla be on the way sooner than expected? According to a Chinese media report on Sina, Tesla’s Gigafactory in Shanghai will reportedly produce this cheaper electric vehicle by 2020. A Google Translation says the unnamed Tesla was approved in September 2020 and product verification is expected for March of 2021. The new […]
Tesla’s recent rally isn’t stopping anytime soon, it appears and is starting to sound like deja vu. The automaker’s shares on Friday morning surged to a new all-time high of $866.21 per share and currently is up 6%. For the first time, Tesla’s market cap surpassed $800 billion, currently at $815 billion and also blowing […]
Tesla tonight released its Model Y Standard Range Rear-Wheel Drive (RWD), along with launching its 7-seat options for its SUV. While we’ve seen some images of third row seats of the Model Y, we now have some clearer images, leaked to Rob over at Tesla Daily. The images received by the YouTube channel shows off […]
New of Apple developing an electric car just won’t go away. Now, South Korea’s Hyundai has revealed it is in early talks with Apple to develop an electric car. “We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has […]
Tesla has launched its Model Y Standard Range Rear-Wheel Drive, now available to order from $41,990 USD ($56,290 CAD). This RWD model has 244 miles (393 km) of range and has an estimated delivery date of 2-5 weeks as of writing, for the United States. Tesla says the Model Y RWD can go from 0-100km […]
On Thursday evening SpaceX and its Falcon 9 booster successfully launched the Turksat 5A satellite into space. The launch window began at 5:28pm PT/8:28pm ET, but eventually took place at 6:15pm PT/9:15pm ET, from Cape Canaveral Space Force Station Space Launch Complex 40 in Florida. Liftoff! pic.twitter.com/Vp4t5zLece — SpaceX (@SpaceX) January 8, 2021 Falcon 9’s […]
According to the reliable Mark Gurman from Bloomberg, the reporter has shared some more details regarding Apple’s electric vehicle plans: Apple Inc. will take at least half a decade to launch an autonomous, electric vehicle because development work is still at an early stage, according to people with knowledge of the efforts. Unnamed sources say Apple has […]
Elon Musk is now officially the richest person on Earth, as Tesla’s latest stock rally on Thursday propelled the CEO past Amazon’s Jeff Bezos. BREAKING: Elon Musk has surpassed Jeff Bezos ($184B) and has now become the richest person on Earth with a net worth of $185.4B. — Sawyer Merritt (@SawyerMerritt) January 7, 2021 On […]
Tesla has started to rollout its 2020.48.30.2 software update, made available to a Model 3 Standard Range Plus in Austria, according to @Teslascope. It’s unclear what’s new in this update, but stay tuned for updates. Many Tesla owners are still eagerly awaiting the second part of the company’s holiday software update. Earlier this week on […]
Tesla has launched Model Y Paint Protection Film (PPF) in its online shop, available for the rear doors of the SUV. “Protect your Model Y from snow, salt, sand and small debris with the Model Y Paint Protection Film. Protect your paint from stone chips and driving conditions that can accelerate wear and tear,” explains […]
Tesla’s stock price continues to rally, and on Wednesday during intra-day trading, it touched a new all-time high of $774 per share. Tesla’s market cap currently stands at $725 billion, and is approaching the valuation of Facebook and its $754 billion market cap. With Morgan Stanley raising Tesla’s price target to $810, plus Democrats taking […]
SpaceX is set for its first Falcon 9 launch of 2021 this Thursday, January 7. The payload within Falcon 9 will be a Turkish communications satellite, the Turksat 5A, taking place at Cape Canaveral Space Force Station Space Launch Complex 40 in Florida. The launch window begins at 8:28 p.m. ET on Thursday evening and […]
We heard about heavy demand in China for the Tesla Model Y, and now it’s definitely real. According to Tesla’s website, Model Y deliveries are now indicating sometime in Q2 of 2021. This would mean someone ordering today won’t get their Model Y in China until April, May or June of this year, according to […]
Tesla closed the trading day on Tuesday at $735.11 per share, up 0.73% for the day. But with a new price target increase by Morgan Stanley, the stock has now soared to an all-time high in after-hours trading. Morgan Stanley analyst Adam Jonas has increased his price target for Tesla from $540 to $810, what he […]
