Tesla

Tesla Price Target Upped to $1,200 USD by Deutsche Bank

According to Barron‘s, analysts at Deutsche Bank have upped their price target for Tesla stock to $1,200 USD per share from $1,000 USD, saying that the global shift to electric vehicles (EVs) could help “extend Tesla’s EV lead considerably” as we move towards 2025 and 2030 deadlines for much of the world’s emissions reduction goals. “Tesla’s […]

Tesla 2021.44.30 Software Update [Release Notes]

Tesla has started rolling out its 2021.44.30 software update, as noted by third-party companion software, @Teslascope. A Model Y Long Range that was previously on 2021.44.25.2, based in Alberta, Canada, received the update first. It turns out that Model Y belongs to KKVR (@kkvr2823), who replied to Teslascope with 2021.44.30 release notes, which you can […]

Tesla Model S Plaid Track Mode Coming in 2021.44.30 Update

According to a recent tweet from Tesla enthusiast and sleuth @tesla_adri, ‘Track Mode’ will make its way to the Model S Refresh (2021+) in software version 2021.44.30, which is presumably going to be the next firmware update Tesla releases following the 2021 Holiday Update, which started rolling out last week. NEWS:Track Mode for Model S […]

Tesla Recalls Nearly 200,000 Cars in China Over Trunk Issues

Tesla is recalling 199,741 imported Model S and Model 3 vehicles in China over safety hazards involving the front trunk (or “frunk,” as Tesla calls it) and the rear trunk — reports CnEVPost. The electric vehicle (EV) pioneer has filed a recall plan with China’s State Administration for Market Regulation (SAMR), citing an issue with […]

Tesla’s Giga Texas Factory to Start Production Next Week: Report

Tesla’s Gigafactory in Austin, Texas, is said to start production next week, according to drone pilot Joe Tegtmeyer, who has been tracking the construction of the site. “Breaking: A bit of news I just heard at the site today… actual production for Giga Texas starts next week! They are driving finished cars inside the factory […]

Tesla Insurance Expanding to Arizona, Ohio in January 2022: Report

Tesla’s safety score-calculated insurance program is launching in multiple states across the U.S., and a new rumor holds that it will be expanding to a few more in the months to come. Tesla Insurance is expected to expand to Arizona and Ohio as soon as next month, according to information shared by Tesla insider Sawyer […]

China Just Decreased its Subsidy for ‘New Energy Vehicles’ by 30%

Tesla and other electric vehicle (EV) manufacturers may be subject to increased costs in 2021, due to decreasing new-energy vehicle subsidies in China. China’s subsidies for new-energy vehicles will decline by about 30 percent in 2022, according to the recently-released New Energy Vehicle Subsidy Scheme as shared by @42how_. The new subsidy program will continue […]

Tesla to Lease 9-Acre Lot in Lathrop, California for $1 Per Year

Tesla has plans to lease a parking lot from the city of Lathrop, California to support employees of its upcoming production facility in the city. Last week, Lathrop City Council voted to approve the leasing of a nine-acre lot to Tesla as a parking lot for employees of the nearby Megafactory, according to the Manteca […]

Tesla Opens its First Store in the Xinjiang Region in China

China’s Xinjiang region just got its first Tesla store, as detailed in a new report. Tesla has opened its first store and showroom in Xinjiang, located in Ürümqi’s Uyghur Autonomous Region, according to CNEVPost. The Tesla store in Ürümqi is in the Midong Auto City, a large automotive center located in Xinjiang, where many registration […]

Tesla Rumoured to Have Sold 70,500 Cars in China for December

The Chinese auto market remains one of the most important markets for U.S. automaker Tesla, which has had nothing less than an eventful year in the country. Tesla China reportedly sold a record 70,500 electric vehicle (EV) units in China in December, according to numbers shared by anonymous account @Tesla China Analyst on Friday. The […]

Tesla Increases Price of Model 3 and Model Y in China–Again

Tesla has increased the price of its Model 3 and Model Y electric vehicles in China. According to CnEVPost, the entry Model 3 (RWD) increased by RMB 10,000 ($1,569 USD) to now start at RMB $265,652 ($41,683 USD) after subsidies. The entry Model Y (RWD) saw an increase of RMB 21,088 ($3,308 USD), now priced […]