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Morgan Stanley analyst Adam Jonas increases Tesla price target to $840
Just over a month after raising their price target for Tesla (TSLA) from $360 to $540, Morgan Stanley has raised it again, sending share prices higher in after-hours trading. Analyst Adam Jonas increased the firm’s […]
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Rivian valuation nearing $25BN in latest funding round
With the first deliveries of the R1T electric truck and R1S electric SUV scheduled to begin later this year, Rivian Automotive Inc. is seeing its valuation skyrocket as it seeks more investors. After securing more […]
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Electric vehicle adoption in Norway reaches more than 50% as Tesla posts strong annual sales
If there was any question as to where the highest rate of electric vehicle (EV) adoption in the world was, the 2020 sales figures for Norway put that doubt to rest. Pushed by the Norwegian […]
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Tesla (TSLA) shortsellers kick off 2021 by losing $1BN on day one
Tesla (TSLA) short sellers are suckers for punishment. Betting that shares of the electric automaker will drop, eventually to zero, they lost a record $38 billion as TSLA rose more than 700% last year. That […]
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Tesla announces dozens of new Supercharger locations across Canada
It took a few days longer than usual, but Tesla has updated their Supercharger map and added nearly 40 new locations on strategic routes across Canada. To put that number into perspective, on January 1st […]
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Tesla to launch sales in Israel within days after obtaining commercial import license
After initially hoping to begin operations in January last year, the wait for Tesla to finally launch in Israel may soon be over. Until now Tesla has only had a “small importer” license in the […]