Tesla’s growth story continues in manufacturing and not autonomy: Morgan Stanley

Tesla’s (NASDAQ: TSLA) growth story has leaned on the potential of autonomous, self-driving vehicles revolutionizing the way everyday transportation is performed. While Tesla has developed its Autopilot and Full Self-Driving suites with relative success in the past several years, Morgan Stanley analysts are not convinced that autonomous driving programs will continue to fuel the automaker’s […]

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Volkswagen’s Diess admits he was blindsided by Tesla’s preparation

Volkswagen AG’s CEO Herbert Diess is one of the key reasons the automotive group has become Europe’s best-selling electric vehicle brand in 2022, but the frontman of the German automotive giant admits he was blindsided when Tesla’s speed and preparation were among the company’s biggest advantages. “I have to say we didn’t expect our main […]

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U.S. House Republican to FTC: Preserve records of Elon Musk’s Twitter acquisition

U.S. Representative Jim Jordan, who is the top Republican on the House of Representatives Judiciary Committee, is requesting the Federal Trade Commission (FTC) preserve any records related to Tesla CEO Elon Musk’s acquisition of social media platform Twitter. Jordan expressed a level of concern regarding a request from the Open Markets Institute (OMI), which called […]

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Tesla bill for direct sales in CT postponed again 

Lawmakers believe that Connecticut’s Tesla bill isn’t likely to pass this year. The bill would have permitted EV manufacturers like Tesla and Rivian to sell electric vehicles directly to consumers in CT, provided they do not already sell cars through a dealership.  A bill supporting direct sales for Tesla has been circulating in Connecticut for […]

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