Tesla’s valuation (NASDAQ: TSLA) should not be benchmarked against traditional automakers, as it could be “misleading,” top analyst Gene Munster said. “Using traditional auto as a benchmark for how to value Tesla is misleading,” Munster, an analyst for Loup Ventures, said on CNBC. “Not misleading in the sense of trying to steer people in the […]
The post Tesla valuation should not be benchmarked against traditional automakers, top analyst says appeared first on TESLARATI.
Tesla’s valuation (NASDAQ: TSLA) should not be benchmarked against traditional automakers, as it could be “misleading,” top analyst Gene Munster said. “Using traditional auto as a benchmark for how to value Tesla is misleading,” Munster, an analyst for Loup Ventures, said on CNBC. “Not misleading in the sense of trying to steer people in the […]
The post Tesla valuation should not be benchmarked against traditional automakers, top analyst says appeared first on TESLARATI.
Among the major automotive manufacturers, Tesla is the only one to realize a year-over-year growth in vehicle deliveries from March 2021 to February 2022, seeing a near doubling in sales. Other companies struggled to maintain level sales this year compared to last, with the only company seeing a less than 10 percent decline being Kia. […]
The post Tesla stands alone in year-over-year growth among major automakers appeared first on TESLARATI.
U.S. President Joe Biden could use the Defense Production Act within the coming days to boost the production of materials used in electric vehicle batteries. The Defense Production Act of 1950 was used in response to the start of the Korean War, approved by the 81st United States Congress. The Act, which has been reauthorized […]
The post Biden could use Defense Production Act for EV battery material production boost appeared first on TESLARATI.
Volvo Trucks North America announced today that it received its largest global order of Class 8 electric semi-trucks with Maersk-owned Performance Team. The Maersk entity added 110 units to its order, making a commitment to purchase 126 Volvo VNR all-electric trucks after an initial order in Q3 2021 for 16 VNR electric semis. Volvo said […]
The post Volvo Trucks receives record order for 126 electric semis from Maersk-owned Performance Team appeared first on TESLARATI.
Tesla’s (NASDAQ: TSLA) second stock split in as many years and its manufacturing capacity, which has already grown considerably with new factory openings in 2022, indicate a “massive position of strength” for the electric automaker, according to Wedbush analyst Dan Ives. Ives, who has held a bullish position on Tesla for years, sees parallels in […]
The post Tesla manufacturing prowess, stock split plans indicate ‘massive position of strength:’ Wedbush appeared first on TESLARATI.
Elon Musk took a jab at the UAW today after a report showed an ex-official of the automotive workers union pled guilty to embezzling $2.2 million from its workers. Musk has admonished the UAW for years, but the most recent criticism has come from Tesla’s lack of recognition from President Joe Biden, who has given […]
The post Elon Musk calls out the UAW for embezzling money from its workers appeared first on TESLARATI.
Cars.com released its Top Picks list for 2022 model year Electric Vehicles, with Volkswagen, Hyundai, Lucid, and Chevrolet taking the top spots in categories such as Value, Family, Luxury, and Commuters. The winners managed to be chosen in a field of over 30 highly popular and notable EVs that are all worthy of recognition in […]
The post Cars.com names its Top Picks for EVs: Volkswagen, Hyundai, Lucid, and Chevrolet appeared first on TESLARATI.
Elon Musk has tested positive for COVID-19 for the second time, but the Tesla and SpaceX CEO is skeptical. Musk said he’s “supposedly” tested positive for the virus while criticizing the numerous variants of the virus, asking, “How many gene changes before it’s not Covid-19 anymore?” Musk confirmed he is nearly asymptomatic, which is sometimes […]
The post Elon Musk says he ‘supposedly’ tested positive for COVID-19 appeared first on TESLARATI.
Sichuan Contemporary Amperex Technology Limited, or CATL-SC, a wholly-owned subsidiary of CATL, had its facility certified as the first Zero-carbon factory in the new energy industry late last week. The factory received the PAS 2060 certification on carbon neutrality earlier this month. CATL, a battery supplier for Tesla and other electric vehicle manufacturers, has worked […]
The post Tesla battery supplier CATL’s Sichuan Plant is first Zero-carbon facility in industry appeared first on TESLARATI.
