Tesla announced its earnings for the second quarter of the year on Wednesday afternoon, reporting numbers higher than Wall Street expectations. The automaker generated revenue of $16.9 billion USD between April and June 2022, up a whopping 42% year-over-year, with earnings per share of $2.27. Wall Street, meanwhile, had forecasted $16.521 billion in revenue and […]
After the initial wave of Tesla’s Giga Texas Belt Buckle orders were delivered last December, the company has lowered the price of the merch item on its website. Tesla has lowered the price of its Giga Texas Belt Buckles in its merch store from its previous price of $150 to now only $100 (via @SawyerMerritt). […]
There hasn’t been much movement in Tesla’s solar roof department, as the company’s been plagued by production halts and supply shortages throughout much of this year. Tesla is halting solar roof installations in almost every U.S. market, according to sources familiar with the subject who spoke to electrek. While the sources didn’t specify why Tesla is […]
A jury in Florida found Tesla 1 percent negligent in the death of a Model S owner, 18, whose EV collided with a concrete wall after the car’s speed limiter was deactivated, as detailed in a report from Reuters. Alternatively, the driver and father were found to be 99 percent at fault for the accident […]
Some posit that SpaceX has significantly accelerated humanity’s move toward the stars, but one former NASA administrator says that couldn’t have happened without the company chief’s technical expertise. Elon Musk’s technical background plays a major role in what makes SpaceX so efficient, according to former NASA Deputy Administrator Lori Garver in an interview with Politico […]
The top space agency in the U.S. has awarded another contract to Elon Musk’s space company, as detailed by the company on Tuesday in a press release. NASA awarded a Launch Services (NLS) II contract to SpaceX, in order to offer a launch for the agency’s Nancy Grace Roman Space Telescope mission, according to a […]
After Tesla’s upcoming V4 Supercharger dimensions were revealed earlier this month, the automaker has dropped another potential hint to suggest it may start deploying its next-generation charger design. A Tesla Supercharger site set to be established in Danvers, Massachusetts shows “Alternative Supercharger Posts” alongside its V3 Superchargers, which could mean that V4 Supercharger designs or […]
According to a new study by iSeeCars.com, Tesla’s Model Y is the fastest-selling used car in the United States at the moment. “Both new and used car prices rose in June over May as inventory constraints continue to plague the new and used car market,” said iSeeCars Executive Analyst Karl Brauer, in a statement. “Rising […]
Tesla’s Fremont factory in California has hit a new milestone, producing its 2 millionth car. A picture was shared showing the 2 millionth car surrounded by staff and a sign that read “2 million”. The news was shared on Tuesday morning by Tesla CEO Elon Musk. “Congrats to Tesla Fremont + Giga Nevada for making […]
An upcoming Dish Network proposal could interfere with other satellite internet connections, and one more company has joined SpaceX in challenging the new bid. DirecTV is now joining SpaceX in urging courts to oppose a recent proposal from the Dish Network to use 12GHz spectrum for an upcoming 5G network, according to a report from […]
After filing for a permit to expand Giga Texas earlier this month, Tesla has officially filed a proposal for building more in the area. Tesla is looking to build additional grounds to the east of its Gigafactory Texas, according to a new filing dated July 1, as detailed in a report from the Austin Business […]
Tesla has home HVAC with a HEPA filter on its “future product list” said CEO @Elon Musk in a tweet on Monday. The tweet came in response to another user asking Tesla to make the product, due to allergies being really bad. Musk also notes that it could be a crucial upgrade in places where […]
Shareholders of Tesla are receiving their first correspondence from the automaker regarding its upcoming annual shareholder meeting, as seen in a photo shared on Twitter on Tuesday. Tesla is starting to send out invites for its annual shareholder meeting, set to take place in August at the automaker’s Gigafactory Texas (via @SawyerMerritt). The shareholder […]
Following Elon Musk’s move to back out of a Twitter buyout, and his push for a trial regarding the case in 2023, the Tesla CEO is looking to countersue as the social media company tries to use the courts to force his takeover to be completed as planned. Musk is looking to file a counter-lawsuit […]
U.S. electric vehicle maker Tesla has gained a presence throughout the world, and one Australian official says the country is seeing more of the EVs than ever. Tesla’s sales in Australia are gaining momentum, and the country could even double the number of the EVs on the road by the end of the year, according […]