After Tesla CEO Elon Musk confirmed it would be rolling out Starlink internet at U.S. Superchargers, the company has gone on to clarify that it doesn’t plan to use Starlink internet in China. Tesla reportedly stated that it has no plans to use Starlink service in China’s mainland, emphasizing Chinese data storage protocol would be […]
Following Tesla CEO Elon Musk’s decision to exercise options and sell shares, one bullish investor is emphasizing how dominant the electric automaker could become over the next half of a decade. In a virtual interview on Wednesday, Ark Invest CEO and Founder Cathie Wood thinks Tesla could own 20 to 25 percent of market share […]
Tesla has updated its mobile apps for iOS and Android to version 4.3, which brings the following features: Customize quick controls on vehicle homepage with a long press Adjust Cabin Overheat Protection Widget improvements Sentry Mode Live Camera Access on supported cars in select countries (car software 2021.40.5 or newer required) After updating the Tesla […]
Tesla and travel center and convenience store chain Buc’ee’s will be partnering for Superchargers, according to details uncovered by @MarcoRPTesla. Just unearthed an agreement between @Tesla and @Bucees to install Superchargers at 26 different stores across 7 states (TX, AL, GA, FL, TN, KY, SC)!! This is going to be absolutely nuts!!! pic.twitter.com/I7dVA7VdAe — Supercharger […]
Following a court’s ruling that Tesla must pay $137 million USD to a former contract worker who endured a racially hostile work environment last month, the company is reportedly pushing back on the awarded amount. Tesla asked the federal court in San Francisco to put aside the $137 million USD awarded to former contract worker […]
Following Tesla CEO Elon Musk’s move to sell another 934,091 shares of Tesla, following a Twitter poll asking if he should sell 10 percent of his stock in Tesla, one bullish investor is pointing out how the company’s recent drop in shares may present an opportunity for fellow investors. Tesla investor and CEO of Gerber […]
Some critics have pointed out that the electrical grid will need to expand to support upcoming gas car sales ban goals, and one Australian research team is already working on the viability of electric vehicles (EVs) providing spare, unused power back to the grid. Researchers at the University of Queensland (UQ) announced plans on Wednesday […]
Tesla CEO Elon Musk has continued his streak of exercising stock options, then selling shares afterwards. According to new Form-4 filings with the SEC on Tuesday afternoon, Musk exercised 2,113,761 options from his 2012 compensation plan, then proceeded to sell 934,091 shares. This is the third time he’s sold off exactly 934,091 shares, and at […]
Tesla Full Self-Driving beta tester and Canadian James Locke (@arctechnic) is back sharing another video of his Model 3 testing FSD beta 10.4 in Victoria, British Columbia, Canada. Locke normally works and resides in Santa Clarita, California, but is in Canada with his Model 3. We previously saw him drive from Swartz Bay off a […]
According to the U.S. National Transportation Safety Board on Tuesday, it has closed an investigation into a fatal Tesla crash from August of last year, reports Reuters. A 2019 Tesla Model 3 was being driven in Saratoga, California, using the car’s Autopilot feature. The driver did a manual override and pressed the accelerator while on Autopilot. […]
After surpassing 30,000 Superchargers worldwide last week, Tesla has officially reached another Supercharger milestone in the world’s largest auto market. Tesla has surpassed 8,000 Supercharger stalls across mainland China, according to a post shared on Tuesday by @42how_. The news comes three months to the day after Tesla surpassed 7,000 Supercharger stalls across China meaning […]
@Elon Musk said on Monday that Tesla is still waiting for permit approval for its upcoming Supercharger station in Santa Monica. The news came in response to one Tesla driver asking Musk for updates on Supercharger stations in LA, saying that he had to wait in a long line in Santa Monica each week. Tesla […]
As Tesla surpassed 30,000 Superchargers worldwide last week, the company has changed its per-minute billing model for Superchargers, based on how fast each charger charges the user’s vehicle. Tesla has changed its Supercharger pricing model from two charging speed tiers to four, according to a chart from Tesla as shared on Reddit. Tesla’s recently updated Supercharger […]
Elon Musk exercised options to buy 2,107,672 shares of Tesla at $6.24 each on Monday, then proceeded to sell 934,091 of them, to pay income tax obligations on the difference in prices from the exercise price and market value, reveal Form-4 filings with the SEC. Given the low price of Tesla’s stock at $980 on […]
JPMorgan Chase & Co. has filed a lawsuit against Tesla, for the amount of $162.2 million, reports Reuters. The issue at stake? According to JPMorgan’s lawsuit filed in Federal Court in Manhattan, the investment firm alleges Tesla breached a contract related to stock warrants, after CEO Elon Musk tweeted in 2018 there was “funding secured” […]
