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 […]
Elon Musk Driven by ‘Insecure Ego’, Says NYT Opinion on Billionaires
Another day, and another opinion piece on Elon Musk, in what looks like an attention-grabbing headline. Paul Krugman, writing for the New York Times: Billionaires, you see, tend to be surrounded by people who tell them how wonderful they are and would never, ever suggest that they’re making fools of themselves. But don’t you dare […]
Tesla Driver Profiles to Get Cloud-Based ‘Vehicle Sync’, Found in 2021.40
Earlier this year, one hacker discovered Tesla’s plans to move user profiles to the cloud in Tesla’s software script, and in a new update, a new addition to the feature has officially become visible in a software update – despite not yet being operational. Tesla plans to add “Vehicle Sync” to its driver profiles, as […]
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 […]
Uber London Adds Tesla Vehicles for Drivers to Increase EV Adoption
After Uber announced a deal with Hertz to allow its ride-hailing drivers to rent Tesla vehicles in the United States, a similar plan involving Elon Musk’s company has reached London, England, in the United Kingdom, reports Reuters. On Wednesday, Uber drivers in London will be able to buy or lease a Tesla, part of the […]
Israel’s Nofar Energy to Spend $54 Million for Tesla Battery Storage System
Israel’s Nofar Energy has announced it will be expanding its deal with Tesla for battery storage, spending an extra $54 million to get 200 megawatts of storage, reports Globes. Back in March, Nofar Energy bought 100 megawatts of battery storage from Tesla for $30 million. This purchase was to allow Nofar to build a solar […]
Tesla’s Fremont Factory Lot Full of Waiting Model S, Model X Vehicles [VIDEO]
A new video from YouTube channel 在曠野遇見神 has shared a drone flyover of Tesla’s Fremont factory in California, filmed today on Tuesday, November 2, 2021 (via @SawyerMerritt). According to the channel’s flyover, which shows the Fremont factory delivery yard, we see a stock pile of Model S and Model X vehicles. The overflow yard also […]
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 […]