Luminar Going Public Will Turn its 25-Year-Old CEO into a Billionaire
While Tesla has had some major gains this year and in many years past, other auto company adjacents with serious potential are just beginning to enter the market. Lidar technology company Luminar is going public on Thursday, which is set to make CEO and co-founder Austin Russell one of the world’s youngest billionaires at only […]
U.S. House Removes Tesla Protections from Michigan Direct Vehicle Sales Bill
A previously-passed bill in Michigan to ban direct vehicle sales in the state seemed to hold protections in place for Tesla, though new updates seem to say that will no longer be the case. On Wednesday, House legislators removed important language from the previously-passed direct vehicle sales bill, House Bill 6233, which was to protect […]
Tesla Design Chief Discusses New Design Center with China Media
Part of Tesla’s appeal is the sleek design of each of their released vehicles – and, in the case of the Cybertruck, perhaps its bold design – all of which are painstakingly and cross-departmentally mapped out in pre-production, according to new information from a company executive. In a video conference with several members of the […]
Japan Considers Banning New Gas Car Sales by Mid-2030s
Authorities worldwide are looking for ways to help push the world forward into an age of sustainable transportation, with many putting forth bold commitments to climate action in the auto industry. On Thursday, Japanese public broadcaster NHK announced that Japan is considering a ban on the sale of new gas cars by the mid-2030s, as […]
Goldman Sachs Sets Tesla to ‘Buy’ Rating with $780 Price Target
Tesla was upgraded to a ‘buy’ rating from neutral today by Goldman Sachs, setting the price target for Elon Musk’s company to $780, the highest on Wall Street, reports Bloomberg. “The shift toward battery electric vehicle adoption is accelerating and will occur faster than our prior view,” said Mark Delaney, Goldman analyst, on Wednesday. Goldman […]
Elon Musk Named Fortune’s Businessperson of the Year for 2020
Fortune has just announced their pick for 2020’s Businessperson of the Year, and it is none other than Tesla CEO Elon Reeve Musk. Apart from being at the helm of the company leading the EV revolution, Musk is also credited as the founder, CEO, CTO, and chief engineer of SpaceX, founder of The Boring Company, co-founder of […]
Aston Martin Linked to Sham Anti-EV Study, ‘Astongate’ Goes Trending
According to The Guardian, Aston Martin has landed itself in hot water after a recently published report refuting the advantages and effectiveness of electric vehicles was found to have been published by a public relations (PR) firm registered to Rebecca Stephens — the wife of the luxury automaker’s Director of Government Affairs, James Stephens. The study […]
Tesla Needs a Human Ride-Hailing Service to Accelerate Autonomous Goals Says Investment Firm
Tesla’s Full Self-Driving (FSD) beta has been out for over a month now, and its users are still sharing some pretty impressive reviews. However, one investing firm believes Tesla could take its autonomous strategies to the next level by developing a human ride-hailing service of its own. On Monday, Ark Invest reiterated an investment suggestion […]
2021 Tesla Model 3 Heated Steering Wheel Possibly Coming in Software Update
When Tesla unleashed a new 2021 Model 3 refresh, it included a new thicker steering wheel. Many suspected this new steering wheel may include a heating option, that is possibly locked away via software. Hacker @greentheonly, well-known for leaking Tesla details from software code, noted back in October there would be a heated steering wheel […]
Lucid Motors Completes First Factory Phase, Shares Teaser [VIDEO]
Lucid Motors, called a “Tesla killer” by some, has been working its way towards the official production and release of its first car, the Lucid Air, for quite some time now. And with a major step in that direction having just been completed, the company is now preparing to deliver the Air to customers by […]
Tesla Working with Neoen on Australia’s Biggest Battery Yet
France-based renewable energy company Neoen is working with energy storage and electric vehicle (EV) company Tesla on what will be Australia’s biggest battery yet. Tuesday, Tesla and Neoen began installing the battery site in Victoria at a groundbreaking event ceremony near Geelong, as reported by Renew Economy. Victoria energy and climate minister, Lily D’Ambrosio, was […]
Tesla Gigafactory Texas Dec. 1 Construction Update [4K VIDEO]
We’ve been keeping close track of construction on Tesla’s Gigafactory Tesla site, with a number of drone videos coming to light week after week. In the most recent video uploaded on YouTube by Joe Tegtmeyer, we see a number of exciting updates through drone footage of Tesla’s Gigafactory Texas construction site. Most notably, Joe provides […]
Mexico Stopped Elon Musk From Naming His Alcohol ‘Teslaquila’
When Tesla CEO Elon Musk first joked about Tesla Tequila on April Fools’ Day, he had titled it, “Teslaquila.” However, even as the joke turned into a real product, the name could not stick. According to The Verge, Musk could not name the product ‘Teslaquila’ because of the word’s similarity to the word ‘tequila,’ per […]
Tesla Stock Could Be “Crushed Like Souffle Under a Sledgehammer,” Warns Musk in Employee Email
As electric vehicles (EVs) begin to take hold around the world, Tesla continues to push its business forward into the hands of consumers. In an email to employees Tuesday, Tesla CEO Elon Musk warned employees to control costs to manage its quarterly profits, or else the company’s “stocks would be crushed like a souffle under […]
Elon Musk Says He’ll Be Sleeping in a Conference Room at Giga Berlin Tonight [VIDEO]
Tesla and SpaceX CEO Elon Musk personally accepted the 2020 Axel Springer Award today in Berlin, Germany. Musk chatted with Axel Springer CEO Mathias Döpfner about a variety of topics, including mentioning how he believes full autonomy would be released for Tesla customers next year. But one of the funniest exchanges in the conversation was […]