Tesla

Bill Gates Admits $500 Million Bet Against Tesla, Confirms Elon Musk

Elon Musk confirmed in a tweet on Friday evening that tech magnate Bill Gates admitted to shorting Tesla when the latter recently approached him about “philanthropy possibilities” — reports Business Insider. Responding to screenshots of a conversation between Musk and the Microsoft founder shared by @WholeMarsBlog, the Tesla CEO confirmed they were real. @elonmusk is this […]

Tesla Superchargers Now Blanket Shanxi Province in China

Tesla has Superchargers across the 11 major cities in the Shanxi province in China, according to an announcement from the company and reported by CNEVPost. In sum, Tesla has 14 different Supercharger stations across the region, making up a total of 79 charging stalls. Shanxi’s 11 major cities include Changzhi, Datong, Jincheng, Jinzhong, Linfen, Luliang, […]

Tesla was the Most-Discussed EV Automaker on Social Media in Q1: Report

As electric vehicles (EVs) continue to grow in popularity, one data firm is noting how people respond to Tesla on social media, especially with the automaker’s continued success. Tesla is among a number of automakers garnering the most attention on social media, according to a report from Global Data. Global Data Social Media Analyst Smitarani […]

Tesla Updates Model S/X Rear Display Interface for Seat Warmers

Tesla’s 2022.12.3.1 software update started rolling out this week, and one driver noted a change made to the rear screen’s seat heater display in a Model S refresh. A new visual for the Tesla Model S rear screen seat warmers has been included with Tesla’s 2022.12.3 and 2022.12.3.1 software updates, as detailed by @Chad Booker […]

Tesla’s Record Q1 2022 Earnings Leave Wall Street ‘Speechless’

According to a recent report from Barron’s, Tesla’s record-setting earnings for the first quarter of this year handily beat Wall Street’s estimates, leaving analysts “speechless” (via Yahoo Finance). The electric vehicle (EV) maker on Wednesday announced $18.7 billion USD in total revenue for Q1 2022, up a staggering 81% year-over-year, with a net income of […]

Tesla Testing Free Wi-Fi Hotspot Access from AT&T, Comcast, Xfinity and More

Tesla appears to be testing an upcoming feature for free vehicle Wi-Fi access to hotspots from AT&T, Comcast, Xfinity, Orange and more. According to screenshots shared by @Analytic_ETH on Thursday, the Tesla owner says, “since late last year, there have been hints in the firmware that @Tesla was looking to support “Public Hotspots”. I’ve been able to […]

Elon Musk Creates Trio of Companies Named ‘X Holdings’, Shows Filings

Tesla and SpaceX CEO Elon Musk this week created three new holding companies, each with a variation of the name “X Holdings,” to help with his planned acquisition of social media giant Twitter — reports Bloomberg. According to documents filed with the U.S. Securities and Exchange Commission (SEC), Musk and his co-investors in the Twitter […]

2022.12.3.1 Tesla Update and Release Notes

Tesla has started rolling out its 2022.12.3.1 software update, as noted by third-party software @Teslascope. The update was detected on a Model 3 Long Range in Bavaria, Germany. We noticed a new Tesla software update 2022.12.3.1 on a Model 3 AWD LR (2020) in Bavaria, Germany. View the rollout of this update here: https://t.co/5OTd0VDP9a — […]

Tesla Offering High School Grads Full-Time Jobs at Giga Texas

As Tesla’s new Texas facility shifts to ramping up production, the automaker is looking for manufacturing staff and will apparently try to draw from a local school district’s high school graduates. Tesla is offering full-time job opportunities at Gigafactory Texas to high school graduates in the Manor Independent School District, according to CBS Austin (via […]

Elon Musk Raises $46.5 Billion in Financing to Buy Twitter, Shows Filing

Elon Musk has received extra funding to help secure the purchase of social media company Twitter, as detailed in a filing with U.S. regulators. Musk has secured $46.5 billion in debt and equity financing to purchase Twitter, according to Reuters. The funding includes $33.5 billion from Musk himself, along with another $21 billion of equity […]

The Boring Company Raises New Funding, Valuation Now at $5.67 Billion

The Boring Company raised $675 million from “A-List investors” in recent weeks, according to a press release on the company’s website. The funding round was led by Vy Capital and Sequoia Capital, while Valor Equity Partners, Founders Fund, 8VC, Craft Ventures and DFJ Growth also participated in raising funds. In addition, real estate partners of […]

Elon Musk Lands $23 Billion Options Payout From Tesla’s Q1 Earnings

Tesla CEO Elon Musk has just landed another hefty piece of compensation, following the automaker’s success in the first quarter. Musk has earned another $23 billion in performance awards from Tesla, after the automaker posted Q1 revenue outpacing Wall Street estimates, according to Reuters. Tesla’s quarterly revenue amounted to $18.76 billion, with adjusted earnings of […]