Tesla

During Tesla’s record Q3 2021 earnings call yesterday, the company took some time to explain its recent price increases. According to Zach Kirkhorn, the company’s Chief Financial Officer (and Master of Coin), he detailed “pricing has been a really difficult thing for us over the last couple of quarters.” Kirkhorn went on to say, “the […]

Tesla showrooms are showing off new footage of the company’s upcoming Cybertruck, showing the vehicle driving around New York City and also Giga Texas. The video shared by Harsimran Bansal (@harsimranbansal) below shows Cybertruck driving on a bridge away from Manhattan in New York City, then also ripping around a field and next to Gigafactory […]

Tesla announced a record Q3 2021 yesterday, resulting in all-time highs in net income and revenue, while gross margins are nearing an astounding 30%. The company saw $1.6 billion net income from $13.7 billion in total revenues and now has $16 billion in cash and cash equivalents. Tesla is firing on all cylinders, so to […]

Tesla has been warning its Full Self-Driving beta testers about driving safely when testing the beta program, as a ‘three strikes’ and you’re out rule has been implemented. According to an email shared by @WholeMarsBlog, Tesla writes to a FSD beta tester the following: “You are receiving this email because telemetry from your vehicle was flagged […]

As Tesla prepares to open its Superchargers to other brands in 2021, the company has been rapidly expanding its Supercharger network around the world – with an incredible milestone having just been reached in China on Friday. Tesla will open its 1,000th Supercharger station on China’s mainland on Friday, established in Shenzen, according to CNEVPost. […]

The forensic lab of the Dutch government has apparently reverse-engineered its way into Tesla’s highly encrypted internal driving data storage system, including information about the company’s advanced driver assistance system (ADAS) and a number of other details. On Thursday, the Netherlands Forensic Institute (NFI) said it decrypted Tesla’s encrypted driving data, potentially opening up a […]

Tesla’s Gigafactory Berlin-Brandenburg is nearly up and running, though locals have remained divided on the German factory’s environmental impact nearly since construction began – and now the German government is saying the company must sit through a repeated consultation for locals to object to the factory. On Thursday, Brandenburg, Germany’s Environmental Ministry said that an […]

Following a fatal Tesla Model S crash that took place in Texas and led to a serious car fire in April, a U.S. agency investigating the accident has maintained that a driver and passenger were present during the crash. While a witness statement noted that nobody was in the driver’s seat during the accident, the […]

Following Tesla’s Q3 2021 earnings report on Wednesday, a prior executive from the company has recommended to investors not to bet against the company – especially given the company’s gross margins. Tesla’s Former President, Jon McNeill, said on Thursday that investors shouldn’t bet against Tesla, despite not currently being a shareholder in the automaker, according […]

Tesla today announced recording earnings for its third fiscal quarter in 2021, despite the ongoing global semiconductor shortage and supply chain pressures. The company’s shareholder slide deck also shared some new pictures from its Gigafactories in Texas, Shanghai and Berlin. At Gigafactory Texas, we get to see a view of some “office space with factory […]

During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]

During Tesla’s Q3 2021 earnings, the company revealed record net income, operating profit and gross profit. The company saw $1.6 billion GAAP net income from $13.7 billion in total revenues. When it comes to the company’s operation summary, Tesla said its Supercharger stations increased 49% year-over-year (YoY), with 3,254 total at the end of Q3. […]

Tesla has just released its Q3 2021 earnings, achieving the company’s best-ever net income, operating profit and gross profit. The company saw $1.618 billion in GAAP net income from $13.757 billion in total revenues. “We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%, exceeding our […]

@TeslaOwnersSG reported on Wednesday that Singapore has raised the cost of Certificates of Entitlement on its vehicles, essentially raising the price of Tesla’s Model 3 by default. The entry Tesla Model 3 Standard Range Plus will now cost SGD 192,113 ($143,000 USD) while the Performance variant will cost SGD 235,103 ($175,000 USD) due to the […]

Amidst the struggle of companies like General Motors (GM) during the semiconductor chip shortage, Tesla has continued to grow despite an overall auto industry downturn. Tesla’s stock is way up over the past several months, which could lead to post-earnings stock volatility for the company, according to Barron’s. While Wall Street reportedly expects Tesla to […]