Tesla Price Targets Reach $1,800 on Bullish Q4 Outlook: Analysts

After Wedbush correctly predicted Tesla’s stock would hit four digits heading into 2022, the company has joined other investing firms in increasing bull estimates on the company. Jefferies analyst Philippe Houchois raised his price target on Tesla to $1,400 from $950 on Sunday, also increasing his bull case price target to $1,600 (via @Sawyer Merritt). […]

Tesla to Attend Ceremony in Israel for First Battery Storage Facility

Nofar Energy CEO Nadav Tenne Israel’s Nofar Energy has officially announced its further expansion with Tesla. On Monday, the company said it entered its second framework agreement with Tesla for more battery stored power systems worth $54 million. Nofar will purchase battery storage systems of 200 megawatts, and will pay 5% on the contract signing […]

Tesla Semi Deliveries for Pepsi Set for Q4 2021, Ahead of Schedule

Reports from earlier this year showed that PepsiCo was set to receive 15 Tesla Semis by the end of 2021, and while this estimate was stated before Tesla seemed to further delay the electric semi-truck, Pepsi’s head seems to be saying it’s still on target. Pepsi’s Chief Executive Officer (CEO) Ramon Laguarta said on CNBC’s […]

China EVs Coming for U.S. Auto Market, but Tesla in the Lead: Sandy Munro

In an interview on a recent episode of Now You Know’s In Depth series on YouTube earlier this week, automotive expert and outspoken Tesla proponent Sandy Munro talked about how Chinese electric vehicle (EV) manufacturers are coming for the U.S. auto market. Tens of millions of cars are sold in the U.S. every year, and according to […]

Tesla is a Serious Threat, Warns Ford CEO to 20,000 Employees

Tesla and its growing presence in the automotive industry was a major topic at Ford’s recent virtual town hall, which was attended by around 20,000 employees from around the globe. During the virtual conference, Ford CEO Jim Farley spoke about Tesla, warning that the company must take Tesla seriously as the dominant player in the […]

Rivian Increases IPO Price Range, Valuation Could Top $65 Billion

In updated securities filings dated Friday, Rivian increased the price range for the 135 million shares it will be offering during its IPO from $57-62 USD to $72-74 USD — reports CNBC. Taking the new price range into account, and assuming underwriters exercise their option to purchase an additional 20.25 million shares, the electric vehicle (EV) […]

First Drives: Tesla Full Self-Driving Beta 10.4 [VIDEOS]

Tesla earlier today released software update 2021.36.8.5, which debuted Full Self-Driving beta 10.4 for beta testers. Below are some of the first drives of FSD beta 10.4 for you to check out. While the drives did show improvements, FSD beta 10.4 still has some issues; overall, the system continues to get better over time. Dirty […]

Tesla 2021.36.8.5 Software Update: FSD Beta 10.4 [Release Notes]

Tesla has released its 2021.36.8.5 software update on Saturday evening, which contains Full Self-Driving beta 10.4 for testers, out one day earlier than promised by CEO Elon Musk. 2021.36.8.5 incoming for FSD beta testers pic.twitter.com/JRLEi45vbC — TeslaFi (@teslafi) November 7, 2021 You can see the FSD beta 10.4 release notes below shared by @DirtyTesla and […]

Tesla Acquired Battery Startup SilLion, Reveals Patent Filing

Tesla recently filed a patent for a new silicon-based battery anode, confirming that the electric vehicle (EV) manufacturer actually did acquire Colorado-based battery technology startup SiILion, Inc., as many had speculated over the last few years — reports Electrek. Tesla was rumored to have acquired the startup after the EV maker hired a few of its […]

Tesla FSD Beta 10.4 Release Now Coming Nov. 7, Says Elon Musk

Tesla CEO Elon Musk announced on Twitter last week that Full Self-Driving (FSD) beta 10.4 would start rolling out to consumers Friday, November 5. In another tweet Friday evening, Musk disclosed that the release had to be delayed slightly due to “some late-breaking issues.” Some late-breaking issues with 10.4. We’re deploying a patch to internal […]

Apple Hires Former Tesla Autopilot Engineer for Electric Car Project

Apple has hired former Tesla engineer Christopher “CJ” Moore for its self-driving car project, reports Bloomberg. According to sources familiar with the matter, Moore is working on Apple’s car project software, reporting to Stuart Bowers, a former Tesla executive that joined the iPhone maker at the end of 2020. Prior to working at Tesla, Bowers […]

Hyundai IONIQ 5 Canada Pricing from $44,999, Taking Page from Tesla

While Hyundai released specs and pricing for its IONIQ 5 electric vehicle for the U.S. (EV) earlier this year, the company has officially revealed its pricing tiers for the Canadian market. Hyundai has released the 2022 IONIQ 5 electric SUV’s pricing, starting at a retail price of $44,999 CAD for the Essential variant, which offers […]