Tesla

Tesla announced its fourth-quarter and full-year 2022 earnings on Wednesday afternoon, reporting record revenue for the final quarter. The automaker reported revenue of $24.3 billion USD for October to November 2022, up a whopping 37% year-over-year. Wall Street, meanwhile, had forecasted $24.03 billion in revenue. Tesla reported a net income of $2.3 billion (GAAP) for […]

A new bill proposal could cease the eligibility of most electric vehicles (EVs) for the $7,500 federal tax credit, if they do not meet specific battery component rules, according to a report from Automotive News Canada on Wednesday. The bill is expected to be introduced by U.S. Senator Joe Manchin (D-West Virginia) on Wednesday, with […]

The Tesla Model Y launched in Australia last August, and it has been so popular with recent price cuts that its deliveries are being pushed further and further out. Tesla’s Model Y units are now showing estimated delivery dates of February to May on the company’s order configurator, as detailed in a report from The […]

Want Apple CarPlay in your Tesla? A workaround called Tesla Android has been updated to version 2023.4.1, adding Android 13, H264 hardware acceleration, support for DRM and lossless audio and USB tethering for iOS, and more, according to developer and creator @Michael Gapiński. Coder for the project Michael Gapiński shared the update with Tesla North, […]

Tesla has two brand new manufacturing facilities in the works near Giga Nevada, according to statements from Governor Joe Lombardo and the White House, and now confirmed by the automaker. Following the confirmation, Tesla shared a video on Wednesday showing CEO Elon Musk’s announcement speech about expanding operations with the $3.6 billion investment. In the […]

On Monday evening, Nevada Governor Joe Lombardo’s 2023 State of the State speech revealed Tesla is set to announce a new manufacturing facility in northern Nevada on Tuesday. Today, President Joe Biden and the White House confirmed what Lombardo said and now Tesla has confirmed the announcement itself. “We will be investing over $3.6 billion […]

Tesla CEO Elon Musk is currently trial for a 2018 tweet in which he claimed having “funding secured” to take the automaker private. During his testimony on Monday, Musk said on Monday that he could have sold SpaceX shares to fund a buyout, as a potential alternative to the Saudi financing to take Tesla private […]

As Tesla’s electric vehicles (EVs) become more and more common in the German market, new buyers can now safely look forward to subsidy support from the government. Germany’s Federal Office for Economic Affairs and Export Control (BAFA) has added Tesla’s Model 3 and Y units to the list of EVs eligible for its full €4,500 […]

Following some major price drops just 11 days ago, Tesla is already back to tweaking its prices. The company’s entry Model Y Long Range has increased in price by $500 USD on Monday evening to now start at $53,490 USD, up from $52,990 USD. The Performance Model Y remains at $56,990 USD. We’re not seeing […]

During Nevada Governor Joe Lombardo’s 2023 State of the State speech on Monday evening, the leader revealed Tesla is set to announce a new factory in northern Nevada on Tuesday. Speaking about restoring Nevada’s reputation as pro-business and pro-development, Lombardo said the state is “ready to partner” to bring back economic growth. That’s when he […]

One major fan of Elon Musk has earned a long-awaited moment with the Tesla and SpaceX CEO for his own YouTube channel. Fidias Panayiotou hugged who he considered to be the world’s top 100 celebrities in a new video shared on Monday, including Musk. The video shows all 100 hugs with a number of YouTube […]

Zero-emission vehicles (ZEVs) reached a milestone of making up 18.8 percent of all new cars sold in California in December 2022, as detailed in a press release shared by the state on Friday. A total of 1,399,913 cumulative ZEVs were sold in California in 2022, marking as much as 40 percent of ZEVs sold in […]

@Alec Corum launched StockGPT on Sunday, which he describes as an AI financial search tool. This particular tool was trained on Tesla’s quarterly earnings call transcripts dating as far back as the second quarter of 2011. Corum says the tool is great for finding specific commentary on topics during a certain quarter or evaluating performance […]

As Tesla continues to expand its network of stores, service centers and delivery centers, the company is continuing to deploy new locations across the world — including a recent construction project completed in Florida. Tesla has completed a new sales, service and delivery center in St. Petersburg, Florida, as seen in a photo of the […]

Image via WSJ Following a rough year in the market for the technology sector, most investors have stopped buying the dip on most stocks, except for one–Tesla. Tesla’s stock is still being purchased at its low price, while other retail investors have largely stopped buying the dip in various tech stocks, according to The Wall […]