Tesla seems to be setting the stage for Gigafactory Shanghai to increase its Model Y output. As per recent reports from China, Tesla is shutting down its electric vehicle factory in early July to make way for upgrades to the Model Y line. With the upgrades in place, Gigafactory Shanghai’s Model Y output will reportedly […]
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Tesla’s (NASDAQ:TSLA) recent selloff in the market is creating a “generational investment opportunity” as the company has one of the most compelling growth stories today. The comments were recently made by CFRA analyst Garrett Nelson in a note to clients. Nelson noted that Tesla, which is the undisputed leader in electric vehicles today, has long-term […]
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Tesla has been showcasing the Cybertruck quite frequently as of late, with the all-electric pickup truck being brought to the Computer Vision and Pattern Recognition Conference (CVPR) in New Orleans recently. The Cybertruck’s presence at the event came not long after Tesla brought over the updated prototype of the all-electric pickup truck at the Michigan […]
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US Senator Joe Manchin noted during an interview at the Capitol on Tuesday that the proposed and controversial $4,500 bonus tax credit for electric vehicles made with domestic union labor has effectively been scrapped. Discussions are still ongoing if the 200,000-vehicle cap for the United States’ EV tax credit should be lifted. While widely promoted […]
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Just recently, Germany’s largest union, IG Metall, claimed that Tesla is seeing challenges in Gigafactory Berlin’s hiring efforts because the electric vehicle maker offers lower pay than its rivals in the area. According to IG Metall regional chief Birgit Dietze, Tesla’s alleged lower pay at Giga Berlin is already slowing down the company’s hiring efforts, […]
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Among the more notable criticisms towards Elon Musk as of late involves his ardent stance about free speech on platforms such as Twitter. As per the CEO’s critics, Musk does not seem to be bothered by free speech restrictions at all since Tesla operates a significant portion of its business in China, which is known […]
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Tesla CEO Elon Musk has set the record straight about the electric vehicle maker’s layoffs. Tesla’s efforts to optimize its workforce have been met with some confusion, partly due to Musk’s own updates about the matter. And with the layoffs now being reported across social media platforms such as LinkedIn, some Tesla employees have taken […]
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Elon Musk discussed a variety of topics related to his Twitter acquisition efforts during his virtual appearance at the Qatar Economic Forum on Tuesday. Musk discussed, among other things, the three primary hurdles standing between him and his acquisition of the social media platform. Bloomberg Editor-In-Chief John Micklethwait hosted the event, and he promptly asked Musk […]
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It appears that Tesla’s plan to unveil a working prototype of its humanoid robot is moving along well. As noted by the CEO during an interview with Bloomberg Editor-In-Chief John Micklethwait at the Qatar Economic Forum, an unveiling of the first Optimus prototype is on track for AI Day 2 this September. Tesla’s humanoid robot, dubbed Optimus, […]
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If there is a legitimate criticism of Tesla’s premium electric cars, it is the fact that their interiors, while extremely comfortable and made from sustainable materials, are not necessarily on the same level as those offered by luxury automakers. Compared to the interiors of cars like the Mercedes-Benz EQS or the Porsche Taycan, for example, […]
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