Elon Musk admitted last year that he owns a small amount of Bitcoin, and there have been hopes in the cryptocurrency community that he would embrace both blockchain and Bitcoin ever since. Musk had praised the concept of cryptocurrencies afterwards, and he once simply tweeted the word “Ethereum.” The Tesla and SpaceX CEO made this […]
Many people all over the world marvelled at the futuristic design of the Tesla Cybertruck when it was first unveiled. The Cybertruck was even featured in the Petersen Museum in Los Angeles recently, and the display had to be extended because of the demand. The reactions to the Cybertruck design weren’t all positive, though. Many […]
There are many powerful and influential organizations out there, and it’s natural to compare their market capitalizations to understand how the market might be shifting. It appears as though Tesla is, as of right now, the most valuable carmaker in the world. The company is worth more than Toyota, but it’s also worth more than […]
Tesla is now hoping to help find a vaccine for COVID-19, as reported by Reuters, and Elon Musk has announced a partnership with Curevac, a Germany-based company that has been developing mRNA production units. Musk, the CEO of Tesla, has referred to these units as “RNA microfactories.” These “microfactories” are also designed to ship to […]
Tesla has been planning on constructing a Berlin gigafactory for some time now, but it appears as though the first pillars of the facility have been erected. Interestingly, the pillars are made of concrete – a stark contrast from the Shanghai gigafactory which boasts metal pillars. The Berlin gigafactory is set to be the company’s […]
Tesla announced its Q2 deliveries and production numbers, and it beat out expectations. Specifically, the carmaker announced that it delivered 90,650 vehicles during the quarter. This was higher than the estimates of most analysts, as Wall Street assumed that the pandemic had significantly affected production. This is the second consecutive quarter that the carmaker beat […]
Image via @TeslaMilton Tesla helped Canadian owners celebrate Canada Day today by releasing software update 2020.24.6.3. https://twitter.com/greentheonly/status/1278215537508716544 Image via @TeslaMilton This update brings some features for those with Full Self-Driving, which increased in price today, now at $10,600 CAD in Canada, a $1,400 CAD increase. Canadian Tesla owners with HW3 and FSD can now have...
Tesla has had to shut down its main car plant for weeks, something that the chief executive, Elon Musk, hasn’t been too excited about. However, it appears as though the manufacturer may have still managed to deliver around 82,000 vehicles last quarter. This is due to the fact that Tesla’s new plant in China, near […]
As previously promised by Tesla CEO Elon Musk, the price of Autopilot’s Full Self-Driving feature has increased in price on July 1, 2020. Full Self-Driving now costs $8,000 USD, a $1,000 increase. The price in Canada jumps to $10,600 CAD (ouch), up from $9,200 CAD (up $1,400 CAD). The feature offers Navigate on Autopilot, which...
Tesla made international headlines recently when Elon Musk defied county orders and reopened its plant during the coronavirus pandemic. Musk, however, made it clear that workers who “felt uncomfortable” working in those conditions could stay home. Tesla has appeared to revert back to normal policy, with a human resources e-mail from May 22 making it […]
It appears as though Elon Musk might be paid out a record $55.8 billion USD as part of a bonus deal, and some shareholders aren’t too excited about it. It’s no secret that shareholders have influenced the decisions of many companies throughout the years, and Pirc, a shareholder advisor has recommended that Musk be ousted […]
Tesla’s stock price hit an all-time high today, reaching $1,087.69 USD per share and currently trading up 6.58% on the day. The company’s market cap surpassed $201 billion at its high today, surpassing oil giant Exxon Mobil, with the latter currently dealing with one of the biggest crude oil crashes in history. Exxon’s market cap...
image via Reuters Tesla approaches the end of the second quarter of 2020. The company is still struggling to catch up after several negative impacts felt by the effects of the coronavirus outbreak. However, with some promising prospects and some equally shaky reports, uncertainty remains high as to whether or not the company will post […]
The Tesla Model 3 stands out as one of Tesla’s most appealing vehicles. The vehicle manages to strike a balance between Tesla’s more luxury offerings and a practical everyday driving experience. Though the vehicle is a few years old at this point, Tesla continues to improve the vehicle with new enhancements. The police chief of […]
Texas, Oklahoma, or somewhere else? It’s the question that’s been plaguing electric vehicle maker Tesla Inc. and onlookers for the past few months. Where will the company’s next factory be located? While there are several reasons to point to Texas, other cities remain in the running. Tulsa, Oklahoma, for example, continues to produce campaigns designed […]
