The Boring Company’s Las Vegas Loop to Expand 29 Miles, Add 51 Stations
The first leg of the Boring Company’s Las Vegas Loop is already operating, though the company has plans to expand the underground tunnel system throughout much of the city. @Clark County, Nevada officially approved the Boring Company’s Las Vegas Loop on Wednesday with a unanimous vote, with the upcoming route set to include the entire, […]
Tesla Driving Data Decrypted by Dutch Government Forensic Lab
The forensic lab of the Dutch government has apparently reverse-engineered its way into Tesla’s highly encrypted internal driving data storage system, including information about the company’s advanced driver assistance system (ADAS) and a number of other details. On Thursday, the Netherlands Forensic Institute (NFI) said it decrypted Tesla’s encrypted driving data, potentially opening up a […]
Tesla Says German Factory Timeline Remains, Despite Another Public Consultation
Tesla’s Gigafactory Berlin-Brandenburg is nearly up and running, though locals have remained divided on the German factory’s environmental impact nearly since construction began – and now the German government is saying the company must sit through a repeated consultation for locals to object to the factory. On Thursday, Brandenburg, Germany’s Environmental Ministry said that an […]
Tesla Driver Floored Accelerator Pedal Nearly All the Way, Leading Up to Fatal Crash: NTSB
Following a fatal Tesla Model S crash that took place in Texas and led to a serious car fire in April, a U.S. agency investigating the accident has maintained that a driver and passenger were present during the crash. While a witness statement noted that nobody was in the driver’s seat during the accident, the […]
Tesla Stock ‘Priced to Perfection’ Says Former President, Highlighting Gross Margins Near 30%
Following Tesla’s Q3 2021 earnings report on Wednesday, a prior executive from the company has recommended to investors not to bet against the company – especially given the company’s gross margins. Tesla’s Former President, Jon McNeill, said on Thursday that investors shouldn’t bet against Tesla, despite not currently being a shareholder in the automaker, according […]
Tesla Shares New Images of Gigafactories in Texas, Shanghai and Berlin [PICS]
Tesla today announced recording earnings for its third fiscal quarter in 2021, despite the ongoing global semiconductor shortage and supply chain pressures. The company’s shareholder slide deck also shared some new pictures from its Gigafactories in Texas, Shanghai and Berlin. At Gigafactory Texas, we get to see a view of some “office space with factory […]
Tesla Shifting Model 3/Y Standard Range Cars to LFP Batteries Globally
During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]
Tesla Supercharger Stations Increase 49% Year-over-Year in Q3
During Tesla’s Q3 2021 earnings, the company revealed record net income, operating profit and gross profit. The company saw $1.6 billion GAAP net income from $13.7 billion in total revenues. When it comes to the company’s operation summary, Tesla said its Supercharger stations increased 49% year-over-year (YoY), with 3,254 total at the end of Q3. […]
Tesla Q3 2021 Earnings: Record $1.6 Billion Net Income, $13.7 Billion Revenue
Tesla has just released its Q3 2021 earnings, achieving the company’s best-ever net income, operating profit and gross profit. The company saw $1.618 billion in GAAP net income from $13.757 billion in total revenues. “We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%, exceeding our […]
A Tesla in Singapore Now Costs More to Own, Due to Rising COE Prices
@TeslaOwnersSG reported on Wednesday that Singapore has raised the cost of Certificates of Entitlement on its vehicles, essentially raising the price of Tesla’s Model 3 by default. The entry Tesla Model 3 Standard Range Plus will now cost SGD 192,113 ($143,000 USD) while the Performance variant will cost SGD 235,103 ($175,000 USD) due to the […]
Tesla Q3 2021 Earnings Call: What to Expect
Amidst the struggle of companies like General Motors (GM) during the semiconductor chip shortage, Tesla has continued to grow despite an overall auto industry downturn. Tesla’s stock is way up over the past several months, which could lead to post-earnings stock volatility for the company, according to Barron’s. While Wall Street reportedly expects Tesla to […]
First Tesla Location in Greater Victoria Will Be in Langford
Image via @MarcoRPTesla The location of the first Tesla sales and service center in Greater Victoria has been revealed. It has been rumoured the Tesla location would be in Langford, and now we have the exact address, according to @MarcoRPTesla. The address will be at 2371 Gate City Blvd, which is kitty-corner to the Costco […]
Tesla Driver Apparently Asleep at the Wheel Gets $368 Ticket in Vancouver
As Tesla fights to have its Autopilot and Full Self-Driving (FSD) beta systems recognized by the public, some drivers have been known to nod off while using the semi-autonomous driving technology – which Tesla says is a big no-no. A 21-year-old was issued a ticket for sleeping in her Tesla while crossing Vancouver’s Ironworkers Memorial […]
Canada Sees Zero-Emission Vehicle Registrations Surge in Q2 2021
Statistics Canada has released data for vehicle registrations in Canada for Q2 2021. Looking at new motor vehicle registrations for zero-emission vehicles (ZEV; which includes battery, plug-in hybrid-electric and hybrid electric vehicles), there were 24,006 for the second quarter, taking 4.9% of total vehicle registrations. Canada says 49.1% of new ZEVs were registered in Quebec […]
Tesla to Clarify Model X Delivery Timelines Next Month: Report
With deliveries of Tesla’s refreshed Model X finally kicking off in California, other buyers that ordered earlier this year and beyond are still waiting to find out when they’ll receive their cars. Tesla reportedly plans to have more clarity on Model X delivery timelines as soon as November, according to internal memos obtained by Electrek. […]