Tesla (NASDAQ: TSLA) stock continued its meteoric rise on Tuesday, jumping an additional 5% to $548.00 at the time of writing. Some analysts believe that investors are piling into the electric automaker’s stock in preparation for a Biden White House, which could benefit EV owners and sustainable energy users as it did during the previous […]
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Elon Musk and Jeff Bezos have shared an extremely public rivalry throughout the past few years, aiming to one-up each other in space exploration and self-driving cars. The two men, who own the top two positions on Forbes’ Billionaires List, are chomping at the bit to get ahead of one another, and the competition that lies […]
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Tesla (NASDAQ: TSLA) has officially crossed the $500 billion market capitalization threshold on Tuesday morning after its price per share hit $527.48 early in the trading session. It marks the first time that the all-electric automaker has managed to cross this number with its valuation, fueled by a skyrocket in the share price through the […]
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Tesla hackers have exposed loopholes in the keyless-go locking system of the Model X SUV. Researchers at KU Leuven, a Belgian university, have successfully infiltrated the all-electric SUV with copy keys that utilize radio waves to access the vehicle. According to Spiegel, a German media outlet, the KU Leuven researchers first removed a control unit from […]
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Ford’s EV initiative has barely gotten off of the ground, but it still hasn’t stopped the American automaker from casting stones in the direction of Tesla. A billboard posting in Hollywood, California from Ford implies that it is the only American car company to support the State’s strict emissions regulations, which is simply untrue. Tesla […]
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Chinese electric car company Xpeng will use LiDAR sensors in its mass-market vehicles that are produced in 2021. The announcement from Xpeng came on Friday and deviated the company away from the current lawsuit that Tesla has against one of its former employees who took Autopilot sourcing code to the Chinese car company. LiDAR is […]
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Celebrities are known for driving some of the rarest and expensive cars on Earth, and many of us dream of just seeing some of the vehicles that Hollywood’s most successful stars drive on a daily basis. However, it may come as a surprise that the car celebrities have purchased the most this year is in […]
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This week, it was announced that Tesla (NASDAQ: TSLA) would join the S&P 500 Index on December 21st. The news shot the stock up nearly $100 in just two days, with most of the surge coming directly after the Tuesday announcement. While it is impressive enough that Tesla is finally being included in the S&P, […]
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Tesla will begin filling Giga Berlin’s employment sheet as early as January 2021, with 7,000 people being hired by the electric automaker to prepare for the first production push, a new report states. German media outlet LR Online stated that Tesla is prepared to hire 7,000 people for the German production facility ahead of the planned […]
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Consumer Reports dropped its recommendation of Tesla’s flagship sedan, the Model S, after the organization performed its annual Auto Reliability Survey and found issues with the vehicle’s air suspension and main computer and touchscreen controls. Additionally, the Model Y contributed to a lowering in Tesla’s reliability from the magazine. CNBC spoke to Consumer Reports’ Senior […]
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