Tesla’s strong Q3 financials catalyze price target increases from analysts

Tesla (NASDAQ: TSLA) posted an incredibly strong third quarter last evening during its Earnings Call, making remarkable strides on its financials to extend its profitable quarters streak to nine. Analysts at numerous Wall Street firms are upgrading their price targets on Tesla stock following the company’s strong numbers and positive outlook moving forward as it […]

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NTSB says Tesla Model S was accelerating at 98.8 percent at time of fatal April crash

The National Transportation Safety Board (NTSB) released new details regarding the fatal crash that took place in Harris County, Texas in April, indicating that the accelerator pedal was applied at levels as high as 98.8 percent at the time of the accident. The crash killed two, a 59-year-old and a 69-year-old. Media outlets quickly jumped […]

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Tesla is making progress on the Cybertruck’s industrialization, will be built after Model Y

Tesla revealed in its Q3 2021 Shareholder’s Deck that it was making sufficient progress on the “industrialization” of the Cybertruck, which will be built at Gigafactory Texas after the Model Y. Tesla unveiled the Cybertruck in November 2019 at its Design Studio Headquarters in Hawthorne, California. The Cybertruck was one of a kind, the first […]

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Tesla Model 3 is the fastest-selling EV of all-time with 24 units sold every hour

The Tesla Model 3 is the fastest-selling electric vehicle of all time, with over 24 units sold every hour, based on the vehicle’s average number of units sold every year. The Model 3 beat out some stiff competition to establish itself as the fastest-selling EV in the world, including the Model Y, which has overtaken […]

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Fire that claimed original Tesla Roadsters ‘under investigation,’ Gruber Motors gives statement

A fire that claimed over thirty original 2008 Tesla Roadsters is now under investigation, according to new reports. The fire took place near Phoenix, Arizona, on October 16th at Gruber Motor Company, a haven that specializes in electric vehicle repairs and modifications. Peter Gruber, CEO of the shop, also gave a statement, indicating that he […]

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Tesla brings CCS adapter to Korean market, intends North American launch soon

Tesla has brought its new CCS adapter to the Korean market, which is currently the only market that it is available. The automaker will bring the CCS adapter, which allows owners to charge at non-Tesla EV charging sites, to North America “soon.” Tesla has, without a doubt, the most robust EV charging network in the […]

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Nikola lawsuit vs. Tesla Semi given new life after judge’s ruling

Nikola Motor has been given new deadlines by Judge James Donato, according to a new Order that was released on Tuesday. A judge shelved the lawsuit earlier this month following a lack of responsiveness from both Nikola and Tesla in regards to a lawsuit filed by the hydrogen trucking startup in 2018 that claims portions […]

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Tesla’s ‘track record of growth’ pushes $900 PT from BoA ahead of Q3 Earnings

Just one day before Tesla (NASDAQ: TSLA) is set to report its earnings for the third quarter of 2021, Bank of America Securities analysts are bumping their price target to $900. The automaker’s “track record of growth, consistent capital raises, and overall investor hype” drove Bank of America analyst John Murphy to increase his price […]

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Tesla trademarks ‘Giga Beer’ and ‘Giga Bier’ for second venture into alcohol business

Tesla has trademarked the rights to use the phrases “Giga Beer” and “Giga Beer,” according to the United States Patent and Trademark Office. During the “Giga Fest” event held on October 9th at Gigafactory Berlin, Tesla CEO Elon Musk stated that the company will develop a beer, amongst other things, that it will sell under […]

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Tesla launches new Manufacturing website to recruit and employ

Tesla has launched a new section of its website that is dedicated to manufacturing. Embodied by CEO Elon Musk’s consistent request for hard workers that will assist in Tesla’s attempts to revolutionize manufacturing, the website breaks down the advantages of building the company’s products, along with a breakdown of Tesla’s ethical and environmentally responsible production […]

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