Tesla CEO Elon Musk’s net worth has increased by over $82 billion in 2020 after a 480% increase in stock price so far this year. Musk, who helped found Tesla in 2003, is the company’s largest shareholder, and as CEO, helps oversee the company’s day-to-day operations. 2020 has been especially rewarding for the South African-born […]
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Tesla’s Full Self-Driving suite is set to receive a new update next week that will provide “fundamental improvements, both important bug fixes & entire new areas of functionality,” CEO Elon Musk said. The Tesla frontman also stated that if the update provides positive feedback, it will widen the Beta test group, giving more cars the […]
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Tesla (NASDAQ: TSLA) has surged to an all-time high trading price on Thursday morning, reaching $507.76 following a two-day surge that was fueled by news of the company’s planned inclusion in the S&P 500. The electric automaker’s had previously reached a high of $502.49 previously, which occurred in early September after the company’s 5:1 stock […]
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General Motors’ partnership with Nikola Motors has remained stagnant as the deal’s termination date moves closer, reports indicate. GM and Nikola first agreed to work together to develop battery and fuel cell electric vehicles in early September. GM was set to receive a $2 billion equity share in Nikola and invest $4 billion in battery […]
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A Tesla Model S driver destroyed his all-electric vehicle after crashing it at over 100 MPH, sending debris into nearby homes. The driver fled the scene following the accident and is facing multiple charges. Dylan Milota of Corvallis, Oregon, was driving his 2019 Model S in the Oregon town after 10 PM on November 17th. […]
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Tesla’s “Refreshed” 2021 Model 3 has been the electric vehicle community’s talk as of lately. The all-electric sedan was close to perfect for many owners, combining affordability with great range and impressive performance specifications. Nothing is “perfect,” but Tesla would try to come as close to it as possible. A recent video from Trevor of […]
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Tesla (NASDAQ: TSLA) is headed for the S&P 500, and it’s making believers out of notorious skeptic Adam Jonas of Morgan Stanley, who has remained bearish on the automaker for over two years. Jonas has held Sell or Hold ratings on TSLA shares since October 2018, and for the first time since then, he is […]
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Tesla CEO Elon Musk says the company’s Tequila product will “hopefully” be available once again next month after a quick sell out in November. Tesla finally launched its long-awaited liquor earlier this month. For $250 plus tax, enthusiasts of the sustainable energy company could get their hands on the lightning bolt-shaped bottle that comes encased […]
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BMW will release the iX all-electric SUV in two years in 2022, seven years after Tesla released the Model X SUV. After BMW finally launches the iX, it will still be at least two to three years behind Tesla’s current battery and connectivity tech, making it a tough sell for the German automaker. Germany’s Center […]
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Tesla (NASDAQ: TSLA) is set to join the S&P 500 on December 21st, making it one of the newest members of the world’s most influential stock index. However, Tesla’s gigantic market capitalization, which has made it the most valuable car company globally, could make the inclusion process slightly more complicated than initially planned. Tesla’s over […]
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