On Friday, Tesla CEO Elon Musk reiterated an infographic detailing the massive influx of applications to Artificial Intelligence (AI) software and hardware teams at the company that followed its AI Day event back in August. The slide was from the company’s 2021 shareholder meeting slide deck. According to the infographic, Tesla saw 100x more applicants […]
Tesla’s Full Self-Driving (FSD) beta 10.2 was originally slated to start rolling out earlier today, but CEO Elon Musk announced in a tweet that the launch was being delayed due to “last minute concerns”. A few last minute concerns about this build. Release likely on Sunday or Monday. Sorry for the delay. — Elon Musk […]
Tesla’s Gigafactory Berlin County Fair is currently underway, and attendees received a public tour of the facility and its production capabilities earlier today. Many of the participants promptly took to Twitter, giving us our first look at Giga Berlin in action. Tesla Giga Berlin Brandenburg Tour Come with us we are on the county Fair […]
SpaceX’s total valuation surpassed $100 billion USD this week, following a secondary share sale by a number of investors, according to several sources familiar with the agreement, reports CNBC. A number of current and new investors have agreed with SpaceX to sell as much as $755 million USD in stock at $560 per share, which […]
With Tesla’s 2021 annual shareholders meeting under its belt, some analysts are seeing the company’s potential increase as it prepares for a continued uptick in car sales and products overall. Canaccord Genuity analyst Jed Dorsheimer has raised his price target on Tesla (TSLA) from $768 to $940, according to a note shared on Friday (via […]
Following Tesla’s 2021 annual shareholder meeting livestream on Thursday, the company has officially set a date for the release of its Q3 numbers later this month. Tesla has confirmed the date for its third-quarter financial results, set to happen on October 20, according to a press release. The company will post a brief advisory with […]
Following news of SpaceX’s plans to partner with Indian manufacturers ahead of the launch of Starlink internet in India, the company has doubled down on those claims with a report from its new Country Director. Head of SpaceX’s Starlink in India Sanjay Bhargava told reporters that Musk says broadband and satellite operators in the country […]
Tesla’s Elon Musk confirmed official plans to move its headquarters to Texas on Thursday, and with the news, a new Texas-style belt buckle has surfaced celebrating the company’s new Texas roots. On Thursday, Elon Musk’s brother @Kimbal Musk shared a photo of a Texas-style belt buckle that includes the words “Don’t mess with [Tesla],” with […]
The number of Tesla Model 3 and Tesla Model Y units has surged in South Korea, like in many places throughout the world, and the company has just announced a new piece of hardware in the country that’s set to make charging easier. Tesla announced plans to release its CCS Combo 1 adapter later this […]
After increasing the prices of its Model 3 and Model Y in the United States by up to $2,000 USD in the United States, a similar price increase has hit Canada. The Model Y Long Range has increased in price by $1,000, now starting at $70,990 CAD, up from $69,990 CAD. The Model Y does […]
During Tesla’s 2021 shareholder meeting yesterday, the company touched on its ongoing strong cash flow generation, which is expected to grow even more once the company is able to increase the volume of cars with its autonomous technology, known as Autopilot. CEO Elon Musk said Tesla has, “continued strong cash flow generation, especially as you […]
At Tesla’s 2021 shareholder annual meeting of stockholders on Thursday, CEO Elon Musk announced the company’s Model 3 electric sedan is now the world’s best-selling premium vehicle. A chart from Tesla’s slide deck shows the Model 3 going from zero to number one in less than four years. “The best-selling premium vehicle globally is an […]
Tesla CEO Elon Musk was answering questions during the company’s 2021 shareholder meeting, currently being held at its new Gigafactory in Austin, Texas. When asked if there was going to be a rumoured Model 2, Musk replied, “Model 2 is not a car—there is no Model 2”, somewhat side-stepping the original question. He then repeated […]
Speaking at its 2021 shareholder meeting at its new Gigafactory in Austin, Texas, CEO Elon Musk clarified the production timeline for its upcoming Cybertruck. Musk said Cybertruck production would start in 2022, with volume production one year later in 2023. He also said the company’s Semi and new Roadster should hopefully start production in 2023 […]
Tesla CEO Elon Musk announced the company is moving its headquarters from Fremont, California, to Austin, Texas. The announcement was made at the company’s new Gigafactory in Austin, and after he mentioned the change, there was thunderous applause. “We will be continuing to expand California activities,” said Musk. “We’re not leaving California. Our intention is […]
