Bank of America cuts Tesla price target, says it can rebound with two strategies

Analysts at Bank of America have decided to cut the price target for Tesla stock (NASDAQ: TSLA). The firm also suggested the electric automaker take one of two strategies to get back on track. BoA slashed its price target on Tesla by over 20 percent from $280 to $220, maintaining its ‘Neutral’ rating on the […]

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Mercedes-Benz Head in India excited for Tesla entrance: ‘New entrants…grow the market’

Mercedes-Benz’s MD and CEO of India, Santosh Iyer, said he is excited about Tesla’s potentially imminent entrance into the market recently, seeing it as a new way for the electric vehicle sector to grow in a country where it is needed. “Our EV charging bays will be open for Tesla cars, just like they are […]

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Tesla starts shipping Model S Plaid with new Sport Seats

Tesla has started shipping the Model S Plaid flagship sedan with newly-redesigned Sport seats. The Model S Plaid has been available for customers for a few years now, and while it is a mainstay in Tesla’s lineup, its look and feel are not quite old or outdated enough to justify a complete redesign. However, Tesla […]

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Tesla Giga Berlin protestors living in treehouses plan to stay indefinitely

The Tesla protestors who are currently residing in treehouses in the forest surrounding Giga Berlin have no plans to leave, stating that they will stay indefinitely. Back in March, the protestors who aimed to stop the expansion of Tesla’s Giga Berlin decided to take a drastic step to prevent the buildout of the factory: build […]

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Tesla Cybertruck braves substantial rainfall and standing water amid massive storms

A Tesla Cybertruck was seen braving it out in substantial rainfall and standing water amid massive storms moving through the Southeastern United States. Massive storms affected the Northeast last week, as several inches of rainfall, tornadoes, and even an Earthquake were reported as a storm cell moved throughout the country. Now, the Southeast U.S. is […]

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Ford launches program for Tesla owners to get F-150 Lightning discount

Ford has launched a new program called Tesla Competitive Conquest Bonus Cash, which will give owners of the United States’ most popular EV brand a discount on the F-150 Lightning. While Ford continues to experiment with discounts, incentives, and other strategies to increase sales and strengthen demand, its newest strategy specifically targets Tesla owners. According […]

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Tesla’s first Model 3 and Y land in Chile as South American offensive begins

Tesla’s first Model 3 and Model Y units have landed in Chile as the company’s efforts to begin ramping up EV sales in South America have officially begun. South America has an extremely limited presence of EVs; there are only a handful of companies present in the market, and a less-than-encouraging number of chargers on […]

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Tesla’s S3XY lineup lands in Top 50 most in-demand used cars

According to a new study, the four Tesla S3XY models landed in the Top 50 of the most in-demand used cars globally. Tesla vehicles are already the most popular EVs in the world, and they are also the most popular used vehicles in terms of sales. Past studies, as recent as January 2024, have shown […]

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BMW reports strong EV sales figures along with a major milestone

BMW reported its Q1 2024 electric vehicle sales figures this morning, and they show strong growth compared to the same period last year. Additionally, BMW landed a major milestone as a company when it reported selling its one-millionth EV during Q1. BMW launches $1,000 incentive to attract Tesla, other EV drivers As a brand, BMQ […]

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Tesla plans to expand Supercharger presence in New York City

Tesla is planning to expand the presence of its Superchargers in New York City, hoping to alleviate congestion as more drivers in the Big Apple adopt electric vehicles. Tesla hopes to install at least 100 new Supercharger locations in NYC by the end of the year, according to a sign it placed in the city, […]

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