Tesla Moving Headquarters to Austin, Texas, Confirms Elon Musk [Update]
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 […]
Tesla Took 0.7% of Car Sales, But Bought 26% of All Battery Cells in Auto Industry in 2020
During Tesla’s 2021 shareholder meeting, CEO Elon Musk said Tesla is purchasing a lot of battery cells from suppliers at mass scale, as the company tries to keep up with customer demand. “We need a lot of batteries”, reads Tesla’s slide deck on the matter. Tesla says it “accounted for 0.7% of car sales but […]
Tesla Model Y Should Become ‘Best-Selling Vehicle of Any Kind Globally’ Says Elon Musk
Tesla has kicked off its 2021 annual meeting of stockholders at its new factory in Austin, Texas. When CEO Elon Musk took the stage, he reiterated the company’s Model Y “should become the best-selling vehicle of any kind”, globally. The company says this goal is expected sometime in 2023, thanks to its four factories: Fremont, […]
Tesla Solar Roof Installs Apparently Have Expanded to Anywhere in the U.S.
As Tesla’s solar plans continue to grow, it appears to be expanding its customer base across the United States. Tesla solar roof installs now are available to “any customer anywhere in the U.S.,” according to sources familiar with the subject who spoke with electrek. Now, anyone will be able to submit an order to Tesla […]
Apple Car Launch Could Dampen Tesla’s Stock, Says Analyst
Roth Capital Partners analyst Craig Irwin said that Tesla’s shares from retail investors “could move out quite violently” when other options like the Apple Car become available Yahoo Finance Live on Thursday. Irwin emphasized a number of topics relating to Tesla, like the Cybertruck, the company’s 2022 production plans, and also saying that Tesla’s move […]
NIO Shares Rise as Goldman Sachs Upgrades Chinese EV Maker
Chinese automaker NIO saw its stock jump on Thursday after dropping off since July, following an increased outlook from one Goldman Sachs analyst, according to The Street. Goldman Sachs analyst Fei Fang increased his rating on NIO to “buy” from “neutral,” keeping to a price target of $56 per share. Fang said, “We believe Nio’s […]
Tesla Can Have a ‘Positive Effect’ on Germany, Says Brandenburg Minister
Tesla was awarded a COVID-19 rules waiver in Germany ahead of its Grünheide County Fair Event, allowing the company to have up to 9,000 guests – compared to the government’s normal gathering limit of 5,000 guests. Environmentalist groups in Germany are pointing out that the move is part of a continued pattern of disruptive behavior […]
Tesla’s Popularity Growing in Colorado, Taking 52% of EV Sales in 2020
As Tesla faces an investigation from a U.S. auto regulator over its Autopilot driver assistance system, it’s also remaining one of the most purchased vehicles in many states – including Colorado. Tesla vehicles made up 52 percent of all-electric vehicle (EV) sales in 2020 in Colorado, accounting for 24,670 units and counting, according to KOAA […]
Tesla Full Self-Driving Beta 10.2 Releasing Friday to 1,000 Owners with ‘Perfect Scores’
As Tesla prepares to widen the release of its next update for semi-autonomous driving, the company’s head has confirmed that perfect drivers will get it first. @Elon Musk said on Thursday that every Tesla driver with a perfect safety score will receive the Full Self-Driving (FSD) beta 10.2 on Friday, likely again at midnight PDT. […]
Tesla 2021.36 Software Update: Release Notes and What’s New
Tesla released its 2021.36 software update today, as noted by @Teslascope. The update was spotted on numerous Model S, Model 3, Model X and Model Y vehicles in the Teslascope fleet, located in Canada, U.S., Europe, UK, and Australia, all coming from 2021.32.21. We noticed a new Tesla software update 2021.36 on a Model 3 […]
Tesla Model 3, Model Y ‘Air Suspension’ Images Found in Firmware
According to developer @greentheonly, they have discovered images within Tesla’s latest firmware depicting the company’s Model 3 sedan and Model Y compact crossover SUV with what appears to be air suspension of sorts. Images shared by @greentheonly show multiple configurations of the Model 3 and Model Y with air suspension layouts, similar to images found […]
Tesla 2021.24.6 Software Update Rolling Out
Tesla started rolling out its 2021.24.6 software update on late Tuesday evening, as noted by @Teslascope. We noticed a new Tesla software update 2021.24.6 on a Model 3 Mid-Range (2018) in Kaunas, Lithuania. View the rollout of this update here: https://t.co/oEbQKZRokZ — Teslascope (@teslascope) October 6, 2021 The update was spotted on a Model 3 […]
Chevy Silverado EV Truck Teased, Will Debut at CES 2022
An electric, 400-mile range Chevy Silverado was initially teased in April, and now the company has shared plans for the official release of the electric truck. Chevrolet has announced an electric Silverado variant, set to be unveiled at the Consumer Electronics Show (CES) 2022, according to a press release. The electric truck’s reveal will take […]
Fort Lauderdale Approves Planning of Elon Musk’s Boring Company Tunnels
Fort Lauderdale, Florida officially accepted a proposal from the Boring Company in July, and in more recent news, the city can now officially move forward on planning for the upcoming underground tunnel route. On Tuesday, Fort Lauderdale’s city council held its first vote regarding the proposal to allow Elon Musk’s Boring Company to build an […]
How to Watch Tesla’s 2021 Shareholder Meeting Livestream [VIDEO]
In August, Tesla announced October 7 as the date for its upcoming annual shareholders’ meeting, and as the date approaches, many onlookers are wondering how to watch the meeting online. Tesla’s 2021 annual shareholders’ meeting begins Thursday at 2:30pm PDT/4:30 PM CT/5:30pm EDT and will take place at Gigafactory Austin as a virtual-only event. The […]