Tesla Closes at All-Time High, Market Cap Hits $1.2 Trillion

Tesla’s stock started off slowly on Wednesday, dipping down to $1,154, before rallying near the close to an all-time high of $1,215, before ending the day at a record $1,213.86 per share. Over the past 12 days, Tesla’s gains have become the most in capital markets history. The company has been riding an impressive third […]

China’s BYD, Xpeng Motors See EV Sales Surge in October

As competition amongst electric vehicle (EV) companies continues to increase in the world’s largest auto market, Warren Buffett-backed BYD is seeing its sales grow. BYD sales tripled year over year in China in October, alongside the likes of Xpeng Motors which also saw its October sales triple year over year, according to Investors. Li Auto […]

Tesla Corded Mobile Connector Price Drops to $400

As the needs of Tesla drivers evolve with the company’s cars, so too does the company’s online stock – and recently, Tesla dropped the price of a corded mobile connector on its online store. Tesla has quietly dropped the price of its Corded Mobile Connector to $400 (down from $520, a 23% drop), despite the […]

Tesla Gigafactory Texas Sees 4680 Battery Production Equipment Arrive [VIDEO]

As Tesla’s Gigafactory Texas nears completion, one watchful user has noticed new equipment thought to be for use in 4680 battery cell production. YouTube drone pilot Jeff Roberts has spotted 4680 production equipment labeled “Anode Lines” at Tesla’s Gigafactory Texas, alluding to the company’s plans to produce its own 4680 battery cells. The words were […]

Tesla Stock Makes Largest 12-Day Gain in Capital Market History

On Wednesday, Tesla’s stock had jumped nearly $400 billion USD in valuation over a 12-day period, marking the single largest 12-day gain in capital market history, according to Fortune. The company’s market value jumped from $818 billion USD to about $1.21 trillion USD for an increase of about $392 billion USD, to be specific. The […]

Tesla Exec Dismisses Rumors of Second Gigafactory in Qingdao, China

Tesla saw record deliveries in China in September, and as demand for Tesla vehicles continues to grow in the world’s largest auto market, the company is apparently looking to construct a new factory outside of Shanghai – though apparently not where some are expecting. After a rumor of Tesla’s alleged plans to build a second […]

Tesla Seeks Canadians to Join the Team in Markham, Ontario [VIDEO]

Tesla Canada is seeking Canadians to “come join our growing team in Markham!”. The call for applications for positions in Markham, Ontario, was made earlier today on LinkedIn (via Electrek). Tesla uploaded a short video interviewing employees at its location in Markham, which work on battery development and factory design, charging infrastructure, battery CNC machine […]

Tesla 2021.40 Software Update: Release Notes, What’s New

Tesla started rolling out its 2021.40 software update on Monday, as noted by @Teslascope. We noticed a new Tesla software update 2021.40 on a Model Y AWD LR (2021) in British Columbia, Canada. View the rollout of this update here: https://t.co/5WM9olyfVE — Teslascope (@teslascope) November 2, 2021 This update includes the following updates, according to […]

Rivian Plans IPO Share Prices Up to $62, Valuation of $54.6 Billion

As Ford and Amazon-backed Rivian has planned for an initial public offering (IPO) of around $50 billion USD since February, the company has officially announced plans to offer up shares, expected to outsell the initial estimates. Rivian is shooting for a target of $54.6 billion USD in market valuation for its upcoming IPO, offering 135 […]

How to Charge your Non-Tesla EV at Superchargers in the Netherlands [VIDEOS]

Ahead of Tesla’s plans to open its Supercharger network to other electric vehicle (EV) brands worldwide, the company has officially begun implementing the change in the Netherlands, where some users have already shared their experiences with the change. Tesla has officially opened its Supercharger network to other EV brands in the Netherlands, as shown by […]