Piper Sandler announced they have reiterated an Overweight rating on Tesla and predicted a $1200 price target for TSLA shares. This rating comes after another successful earnings release from the auto manufacturer in late July. […]
Earlier this week, Tesla won approval to open three new stores in Virginia as per the Virginia Department of Motor Vehicles. The automaker had applied back in January to open stores in Charlottesville, Norfolk and […]
Tesla announced this afternoon that the company would lower the price of the Standard Range Plus (SR+) Model 3 by 15,000 yuan in China. The cost reduction is due to reductions in the production cost […]
Dragtimes released a video where a Tesla Model S Plaid went up against a Porsche Taycan Turbo S. The drag race happened at the Palm Beach International Raceway in Palm Beach, Florida. The Tesla Model […]
Elon Musk took to Twitter to confirm that Tesla’s AI Day will be on August 19. The CEO did not share any details of the event, nor if there would be any announcements or press […]
According to reporting by Electrek, Tesla is working to shift their retail strategy away from ‘showrooms in fancy malls’. Instead, Tesla is focusing on cheaper locations, remote orders and delivery centres. As Tesla is not […]
On Monday, Elon Musk dropped a bombshell. He noted he would no longer be the default to lead the earnings calls. Instead, he will do the annual shareholders meeting and only attend the earnings calls […]
Tesla released their quarterly results, and for their Supercharging network, they were great. In the second-ever highest quarter, Tesla reported 267 new stations and 2,385 new individual connectors. Tesla’s supercharging network is the strongest in […]
On Monday, Tesla announced that the company had a $23 million impairment due to the drop of Bitcoin’s value. The impairment put a slight drag on Tesla’s quarterly operating income. Back in February, Tesla announced […]
The global chip shortage is hitting most auto manufacturers, and yet Tesla avoided the issue with a re-write of their software. Tesla CEO Elon Musk confirmed the company can now use alternative chips with ease […]
