Elecktrek reports Tesla has been approved for a tax break from local school district Del Valle Independent School in Austin, Texas. This is a key move for Tesla as it saves over $50 million in taxes for the next decade. Money Tesla would have paid in taxes for the new Gigafactory will go to the […]
Reuters reports Tesla is on the verge of joining the S&P stock market index. If this happens, it will be a major victory for both Tesla CEO Elon Musk and investors. It will launch a new demand for shares into Tesla, which has already gone up by 500% in the last year. Furthermore, analysts are […]
Peer-to-peer car sharing platform, Turo, has announced the first Tesla Model Y has hit its listings in Canada. Tesla delivered the first Model Y in Canada back in June and according to Turo, the company tells Tesla North, "guests have the unique opportunity to experience one of the only Model Ys available in the country."...
Mountain Pass Performance recently put a Model Y on a dyno, which measures a car’s performance (horsepower and torque figures). The model they tested was the Model Y AWD Performance variant, in which the EV database estimates a power output of 456hp (via InsideEVs). But, when the Canadian garage based in Toronto, Ontaro, tested the Model […]
As we know Elon Musk is a very active Twitter user who regularly interacts with his customers. Most of these requests tweeted to Musk by Tesla owners. The latest request comes from Australian Tesla Owners. They tweeted “Elon, can we get the side repeater cameras to show full screen when indicating please?”. In a casual […]
According to Reuters, Tesla CEO Elon Musk said the company is “very close” to Level 5 Autonomous driving technology. Level 5 is full automation. This is where zero human attention or interaction is needed when driving and would be a huge step for autonomous driving when it comes to commercially sold passenger vehicles. The Tesla […]
Tesla has announced it will share its second quarter earnings call on Wednesday, July 22, 2020. The company will share its financial results followed by a live question and answer webcast starting at 2:30pm PDT/5:30pm EDT, with Tesla management to elaborate on the company’s financial outlook and business results. All the details of the Tesla...
Panasonic CEO Kazuhiro Tsuga on Tuesday, described Tesla CEO, Elon Musk, as someone who is a “genius who defies common sense and can be overly optimistic”, at a young entrepreneurs event in Tokyo, reports Reuters. He then went on to say how he believes “only geniuses can hold onto big visions, and a genius I […]
The China Passenger Car Association (CPCA), has reported that 14,954 Tesla Model 3 vehicles were sold in June. That is a 35% increase from May–when Tesla sold 11,095 units, and a 311% increase from April, when 3,635 units were sold. This shows then, Model 3 sales are up on the rise in China; a tough […]
Technology has forever changed the way that human beings live and interact with each other, but can a Tesla feature actually help solve a murder case? It appears as though this might be the case. Tesla offers a “Sentry Mode” feature that allows the car to actually capture hit-and-run accidents and car vandalism while the […]
Image via Reddit user ‘Poisonousking' If you’re a fan of the 1982 American science fiction film, Tron, this Tesla Model X stylized to look like it was from the movie, may tickle your fancy. Shared on Reddit, users commented mixed feelings about the modifications to the Model X, to make it look like it’s from...
There have been many doubters of both Tesla and Elon Musk, and some believe that the carmaker simply won’t be able to survive in the coming years. Those skeptics must be baffled right now, as the company recently beat expectations regarding car deliveries and their share price continues to climb. As of press time, Tesla’s […]
During a time where the pandemic is affecting the performance of many different car companies, Tesla continues to defy the odds. The carmaker is up big today, surging up over 13% as of press time. Many credit Tesla’s surge to the fact that JMP Securities has revised its price target from $1050 to $1500. This […]
Many thought that Elon Musk was joking about actually creating short shorts, but it is clear that he was serious about actually creating the shorts and selling them. Of course, the fact that Tesla sold the short shorts was a way for him to mock Tesla short sellers. In fact, the shorts sold out in […]
It’s no secret that Tesla is growing, and Musk has recently met with the Oklahoma governor to discuss plans to potentially build a factory in Tulsa. However, it appears that Musk may have his eye on building more factories in Asia. When the billionaire entrepreneur was asked on Twitter whether he would be expanding factories […]
