Travis County officials in Texas have approved the tax break for Tesla if they do decide to build a Gigafactory near the Austin airport, where it could employ thousands according to the CNBC. The site which has been proposed for the factory is called the Austin Green development which borders the Colorado River. Tesla still […]
Tesla has announced its 2020 Annual General Meeting of stockholders will now take place on Tuesday, September 22, 2020. This is the same day where the company’s Battery Day presentation will take place. The AGM will take place at 2:30pm PDT at Tesla’s Fremont Factory, located at 45500 Fremont Blvd, Fremont, CA 94538. Tesla says “eligible...
Shares of Tesla have again reached an all-time high, closing the Friday trading day at $1,544.65 per share, after reaching a record $1,548.92 for the day. Tesla was up 10.78% for the day after CEO Elon Musk said the company would be building a smaller Model Y for Europe. Responding to a tweet from Tesmanian...
Tesla has announced it will share its second quarter earnings call on Wednesday, July 22, 2020. The company will share its financial results followed by a live question and answer webcast starting at 2:30pm PDT/5:30pm EDT, with Tesla management to elaborate on the company’s financial outlook and business results. All the details of the Tesla...
Technology has forever changed the way that human beings live and interact with each other, but can a Tesla feature actually help solve a murder case? It appears as though this might be the case. Tesla offers a “Sentry Mode” feature that allows the car to actually capture hit-and-run accidents and car vandalism while the […]
Image via Reddit user ‘Poisonousking' If you’re a fan of the 1982 American science fiction film, Tron, this Tesla Model X stylized to look like it was from the movie, may tickle your fancy. Shared on Reddit, users commented mixed feelings about the modifications to the Model X, to make it look like it’s from...
There have been many doubters of both Tesla and Elon Musk, and some believe that the carmaker simply won’t be able to survive in the coming years. Those skeptics must be baffled right now, as the company recently beat expectations regarding car deliveries and their share price continues to climb. As of press time, Tesla’s […]
During a time where the pandemic is affecting the performance of many different car companies, Tesla continues to defy the odds. The carmaker is up big today, surging up over 13% as of press time. Many credit Tesla’s surge to the fact that JMP Securities has revised its price target from $1050 to $1500. This […]
Tesla launched in its online store a new accessory for owners called Tesla Short Shorts, in what is a play on CEO Elon Musk’s war against short sellers of the company’s stock. "Celebrate summer with Tesla Short Shorts. Run like the wind or entertain like Liberace with our red satin and gold trim design,” reads...
There are many automakers that have been affected by the pandemic, and are concerned about the fact that Americans are driving less than ever. However, Musk took to Twitter late last night to point out that North American Supercharger has now reached a pre-COVID high. The tweet has over 19,000 likes and 1,000 retweets. North […]
There has been new attention surrounding Ghislaine Maxwell after she was arrested several days ago. For those who are unaware, Maxwell is accused of recruiting young girls for Jeffrey Epstein, a billionaire who died last year under mysterious circumstances after being charged for sex trafficking. Yesterday, a picture of Elon Musk and Ghislaine Maxwell went […]
Many people all over the world marvelled at the futuristic design of the Tesla Cybertruck when it was first unveiled. The Cybertruck was even featured in the Petersen Museum in Los Angeles recently, and the display had to be extended because of the demand. The reactions to the Cybertruck design weren’t all positive, though. Many […]
There are many powerful and influential organizations out there, and it’s natural to compare their market capitalizations to understand how the market might be shifting. It appears as though Tesla is, as of right now, the most valuable carmaker in the world. The company is worth more than Toyota, but it’s also worth more than […]
Tesla announced its Q2 deliveries and production numbers, and it beat out expectations. Specifically, the carmaker announced that it delivered 90,650 vehicles during the quarter. This was higher than the estimates of most analysts, as Wall Street assumed that the pandemic had significantly affected production. This is the second consecutive quarter that the carmaker beat […]
Today J.D. Power released its 2020 Initial Quality Study for new vehicles and for the first time, Tesla was profiled. However, looking at the chart, Tesla came in at the very bottom of rankings. Why? “Unlike other manufacturers, Tesla doesn’t grant us permission to survey its owners in 15 states where it is required,” said Doug Betts,...