Tesla’s shares are reaching their lowest price in months, which bullish investors are using as an opportunity to scoop up more of the automaker’s stock. Cathie Wood’s Ark Invest purchased 33,482 new shares of Tesla on Thursday, amidst a share price slump that saw the stock as low as $829.10, according to Reuters. The purchase […]
Ford Motor Co.’s home state of Michigan was the veteran automaker’s largest electric vehicle (EV) market in the U.S. for the first 10 months of 2021, with one in every five EV registrations in the state being a Mustang Mach-E — reports Automotive News. The legacy automaker managed to register 1,235 Mustang Mach-E crossovers in […]
According to Barron‘s, analysts at Deutsche Bank have upped their price target for Tesla stock to $1,200 USD per share from $1,000 USD, saying that the global shift to electric vehicles (EVs) could help “extend Tesla’s EV lead considerably” as we move towards 2025 and 2030 deadlines for much of the world’s emissions reduction goals. “Tesla’s […]
When asked about Ford’s ongoing rivalry with electric vehicle (EV) pioneer Tesla in a recent interview with Bloomberg, President and CEO Jim Farley said they “really have a chance to get to #1.” Ford’s goal moving forward is pretty straightforward: double EV production to 600,000 units by 2024 and become #2 by volume, and then […]
Following a major increase in retail game company GameSpot’s stock earlier this year from a Reddit movement betting on shorted stocks, the company has apparently triumphed Tesla’s stock as one of the most highly-searched online. GameStop (GME) beat out Tesla (TSLA) for this year’s most-searched-for stock, according to data from search engine software SEMRush and […]
According to Electrek, a recent policy change has resulted in Tesla issuing final deadlines to customers who have ordered a vehicle but have delayed their deliveries by six months or more. Tesla’s order agreement requires customers to schedule delivery of their vehicle within 30 days of it becoming available. If you want to delay delivery by […]
Tesla has notified its owners in Canada on Wednesday to sign up for future updates about important public policy initiatives about clean energy, electric transportation, charging infrastructure, incentives, emission standards, and more, according to the email obtained by Tesla North. “In fact, by opting in today you should expect to receive an email in the […]
After weeks of Tesla CEO Elon Musk exercising options and selling shares, the billionaire once again sold shares this week, the company head is still going and is a little over halfway to his original goal. Musk exercised options on Tuesday to buy 2,512,681 shares from his 2012 compensation plan, then proceeded to sell 934,091 […]
Tesla has hired a new managing counsel, according to CNBC. David Misler, a former attorney for the Securities and Exchange Commission and U.S. Department of Justice joined the electric automaker back in October, according to his LinkedIn. “Today, a new journey begins. I start at #Tesla as a managing counsel for litigation where I will support our […]
Jessica Barraza, 38, has filed a sexual harassment lawsuit against Tesla, alleging “nightmarish” conditions of unchecked inappropriate behavior from coworkers at the electric vehicle (EV) maker’s factory in Fremont, California — reports Reuters. Barraza, who works night shifts at the Fremont factory as a production associate, says she endured “near-daily” catcalls and inappropriate touching during […]
Tesla has unveiled new gift cards in its online shop for its US Tesla Shop on Friday (via @SawyerMerritt). “Give the gift of Tesla all year long. Add a personalized message to your digital Tesla Gift Card for any occasion and share the transition to a sustainable future with family and friends. Tesla Gift Cards […]
Tesla makes hiring veterans a priority, and hopes that other companies will follow in its footsteps — reports KPIX-TV’s Len Ramirez (@lenKPIX) from the company’s Fremont factory in California (via @WholeMarsBlog). Why Tesla makes hiring veterans a priority $TSLA @elonmusk pic.twitter.com/lZaaCVnml0 — Whole Mars Catalog (@WholeMarsBlog) November 11, 2021 Not only does the world’s fastest-growing […]
According to Reddit user deeebug, Tesla is proactively recalling certain Model S and Model X units over a minor issue with driver airbags. The company is notifying Model S/X owners subject to the recall via email. The recall only applies to specific Model S/X units produced in 2021 at a certain manufacturing location where a […]
Tesla CEO Elon Musk sold another 639,737 shares of the electric vehicle (EV) manufacturer for around $687 million USD through his trust on Thursday, according to regulatory filings discovered earlier today (via CNBC). Last week, Musk asked the masses whether he should sell 10% of his Tesla stock in a Twitter poll. With nearly 58% of […]
Tesla and its growing presence in the automotive industry was a major topic at Ford’s recent virtual town hall, which was attended by around 20,000 employees from around the globe. During the virtual conference, Ford CEO Jim Farley spoke about Tesla, warning that the company must take Tesla seriously as the dominant player in the […]
