Among the most interesting announcements made by Tesla during its Q3 2021 Earnings Call yesterday was the strategy to move all of its Standard Range vehicles to a cheaper LFP, or lithium iron phosphate, battery chemistry. “For standard range vehicles, we are shifting to Lithium Iron Phosphate (LFP) battery chemistry globally,” Tesla said in its […]
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Tesla (NASDAQ: TSLA) posted an incredibly strong third quarter last evening during its Earnings Call, making remarkable strides on its financials to extend its profitable quarters streak to nine. Analysts at numerous Wall Street firms are upgrading their price targets on Tesla stock following the company’s strong numbers and positive outlook moving forward as it […]
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The National Transportation Safety Board (NTSB) released new details regarding the fatal crash that took place in Harris County, Texas in April, indicating that the accelerator pedal was applied at levels as high as 98.8 percent at the time of the accident. The crash killed two, a 59-year-old and a 69-year-old. Media outlets quickly jumped […]
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The Clark County Nevada Commissioners Board recently approved The Boring Company’s (TBC) Vegas Loop franchise agreement, marking another milestone in the project. The Board granted TBC a franchise agreement on Wednesday, October 20, 2021. As per the agreement, the tunneling company has permission to install and operate a Monorail part of the Vegas Loop. Clark […]
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Tesla revealed in its Q3 2021 Shareholder’s Deck that it was making sufficient progress on the “industrialization” of the Cybertruck, which will be built at Gigafactory Texas after the Model Y. Tesla unveiled the Cybertruck in November 2019 at its Design Studio Headquarters in Hawthorne, California. The Cybertruck was one of a kind, the first […]
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The Tesla Model 3 is the fastest-selling electric vehicle of all time, with over 24 units sold every hour, based on the vehicle’s average number of units sold every year. The Model 3 beat out some stiff competition to establish itself as the fastest-selling EV in the world, including the Model Y, which has overtaken […]
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Recently, the Tesla Cybertruck was spotted in the wild featuring side mirrors. After the sighting, Elon Musk noted that Cybertruck owners could remove the mirrors easily if they wanted. The Cybertruck’s side mirrors have been a hot topic since the electric pickup was unveiled. Many people like the electric pickup without the mirrors in place. […]
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A fire that claimed over thirty original 2008 Tesla Roadsters is now under investigation, according to new reports. The fire took place near Phoenix, Arizona, on October 16th at Gruber Motor Company, a haven that specializes in electric vehicle repairs and modifications. Peter Gruber, CEO of the shop, also gave a statement, indicating that he […]
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Tesla has brought its new CCS adapter to the Korean market, which is currently the only market that it is available. The automaker will bring the CCS adapter, which allows owners to charge at non-Tesla EV charging sites, to North America “soon.” Tesla has, without a doubt, the most robust EV charging network in the […]
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Just one day before Tesla (NASDAQ: TSLA) is set to report its earnings for the third quarter of 2021, Bank of America Securities analysts are bumping their price target to $900. The automaker’s “track record of growth, consistent capital raises, and overall investor hype” drove Bank of America analyst John Murphy to increase his price […]
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