Tesla CEO Elon Musk Praises German Vaccine Makers CureVac
Tesla CEO Elon Musk is certainly known for his entrepreneurial spirit, as well as his ability to work across industries to help resolve some of the world’s greatest problems. On Thursday, Musk spoke volumes of German vaccine manufacturers CureVac CVAC.O, calling them one of the most innovative firms in the world, according to Reuters. Musk […]
Wedbush Analyst Says Tesla Still ‘Has Room to Grow’, Bumps Price Target to $700
Tesla (TSLA) is dominating the electric car manufacturer market, so naturally, it gets to dictate the industry a little bit. On Thursday, Wedbush analyst Daniel Ives explained to a CNBC reporter that he believes Tesla has much more room to grow, Especially with Battery Day coming up so quickly. Ives told the reporter, “In the […]
Watch Elon Musk Give Speech Outside Gigafactory Berlin [VIDEO]
It’s not every day you run into Tesla CEO Elon Musk while visiting one of the Gigafactory sites. In a new YouTube video released by Tobias Lindh, Musk is seen answering questions outside the under-construction Giga Berlin. In it, Musk responds to several reporters’ queries and talks about the progress and sustainability factors going into […]
Tesla’s Major Shareholder Baillie Gifford Drastically Reduces Stake in Company
Scottish investment firm Baillie Gifford — formerly Tesla’s largest outside shareholder — has been forced to cut its stake in Tesla to less than 5% after the automaker’s soaring share price meant the Scottish asset manager was at risk of breaching concentration guidelines. The Edinburgh-based investment company said the recent rise in Tesla’s share price […]
Tesla to Have ‘Every Assistance’ From German Government in Gigafactory Berlin Construction
Tesla will have “every assistance” from the German government, according to a comment from the economy minister in a meeting with CEO Elon Musk. Musk met with three German ministers and other senior politicians on Wednesday to discuss the progress of a collaboration between the car maker and a German biotech company and a planned […]
Tesla Plans to Expand Waco Supercharger in Texas with 12 More Stalls
Tesla has filed plans to expand its Waco Supercharger site with 12 more stalls. The current site is located at the Collin Street Bakery in Bellmead, Texas. The filing was spotted on the Texas Department of Licensing and Regulation (TDLR) and Texas Architectural Barriers Online System (TABS) by @MontrealTesla, dated September 1, 2020. Tesla has […]
Tesla Supercharger Construction Underway in Princeton, B.C.
Tesla continues to expand its Supercharger network in Canada, with the latest seeing construction underway in Princeton, British Columbia, Canada. The small town of Princeton in B.C.’s southern interior is a popular rest stop for those driving from Hope to destinations such as Osoyoos, with the latter similarly set to get its own Supercharger at […]
Tesla 2020.36 Speed Limit Signs Detection Feature Skips Canada for Now
In late August, Tesla started rolling out its 2020.36 software update, bringing speed limit signs detection, along with a green traffic light chime and more. As the 2020.36 Tesla software update has been rolling out to Canada, many Canadians have realized the speed limit sign detection doesn’t work here, yet. According to Tesla hacker @greentheonly, […]
Bank of America Raises Tesla Target Price to $550
Tesla (TSLA) has had its very first taste with anything other than steady, upward success, after its official stock split had the company’s numbers growing, then stagnating a bit. However, on Wednesday, Bank of America analyst John Murphy raised his price target for Tesla from $350 to $550, and reiterated his rating of Neutral, as […]
More EV Charging Stations to Come to Vancouver Island in British Columbia
One major problem faced by electric vehicle (EV) owners today is trying to find a charging station as more and more people switch away from gasoline vehicles. While the problem is being addressed rapidly and new chargers are popping up almost daily, the issue remains that many businesses and EV owners need to drive far […]
How Does a Tesla Run on the Hottest Day in History? [VIDEO]
It’s no secret that electric vehicles (EV) can struggle when it’s hot out as batteries need to keep cool while also maintaining a comfortable cabin for passengers. Most wouldn’t want to put that to the test, but one YouTube channel does exactly that. On Tuesday, automotive YouTube Channel What’s Inside shared a new video to […]
Lucid Air Beats Tesla Model S in 1/4 Mile Drag Race at Sonoma Raceway [VIDEO]
Up until this point, Tesla has been on top of the electric vehicle (EV) game and the racing game. But it looks like a new fastest EV may be just around the corner. In a video released Wednesday, Lucid Motors previews its Lucid Air at Sonoma Raceway in August, showing a run in which the […]
Tesla Starts Sending Out Battery Day Invite Emails to Random Shareholders
Image credit: u/iKent93 Tesla has started sending out invite emails to random shareholders inviting them to attend the upcoming 2020 Annual Meeting of Stockholders and also the separate Battery Day event afterward (via Reddit). Shareholders started receiving invites on late Tuesday evening, with the emails stating: You have been randomly selected in the drawing to […]
Tesla Hits All-Time High of $502.49, But Closes Trading Day Down Nearly 5%
After reaching an all-time high on Monday, the first day Tesla traded at its 5-to-1 split-adjusted price, the electric vehicle company touched another all-time high on Tuesday, reaching $502.49 per share. The all-time high works out to $2,512.45 per share prior to the stock split, which is a new high for the company, as its […]
Tesla Searches For Ethical Nickel Mining Practices But Don’t Look at Indonesia
In spite of the environmental benefit brought to the world by lowering emissions through its electric vehicles (EVs), Tesla is up against an environmental battle for its resources too, and it’s unlikely to offer the same benefits from behind closed doors. On Tuesday, Financial Times shed more light on ethical nickel mining for electric vehicles, […]