Tesla is setting new production goals for Model 3

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Tesla is known for setting ambitious targets for themselves. The newest goals have now been announced to investors and analysts: The weekly production rate for Model 3s is planned to be increased to 7,000 vehicles per week by the end of the year and to 10,000 per week by mid 2019. The planned milestones were […]

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Dissecting Jim Chanos’ short seller arguments about Tesla

All innovative companies attract negative press coverage, but the tide of anti-Tesla scare stories and misinformation has reached such preposterous proportions that it has become a story in itself (remember, colleagues, we’re supposed to report the news, not make it). It’s widely believed that much of the mud, especially the articles that focus on financial […]

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Musk’s Boring Company shares glimpse of Boring Bricks being produced

Just a bit over a week since teasing an image of a gantry that would be utilized for the downtown Chicago-O’Hare high-speed transit line, Elon Musk’s tunneling startup, The Boring Company, has uploaded a clip of its Boring Bricks being manufactured. The short video of the Boring Bricks being produced showcases the unique characteristics of […]

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Elon Musk is trying to help solve the Flint Water Crisis

After building a mini-submarine to aid in the rescue attempt of the members of the Wild Boar soccer team in Thailand, Elon Musk is now flexing his philanthropic muscles towards a long-standing issue in the United States — the Flint Water Crisis. Musk previously noted on Twitter that he has already been helping out the […]

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Tesla registers another strong batch of Model 3 VINs as Musk sees end to production hell

Just a day after registering more than 6,000 new Model 3 Dual Motor AWD vehicle identification numbers, Tesla has filed for another batch of 2,226 VINs for the compact electric car. With this latest filing, Tesla has registered 15,430 Model 3 for July so far, bringing the total number of registrations to 71,827. #Tesla registered […]

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Tesla reporter in recent Twitter scuffle with Elon Musk defends her coverage

A Tesla journalist who recently caught the ire of CEO Elon Musk on Twitter defended her coverage in a recent interview. During a segment on CNBC‘s Halftime Report, Business Insider senior finance correspondent Linette Lopez told her side of the story, reiterating the information in her negative Tesla reports, confirming that former Tesla employee Martin […]

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Tesla has produced ~100 Model 3 Performance to use as test drive cars

Tesla CEO Elon Musk recently provided a brief update on the production of the Model 3 Performance. According to Musk, Tesla has already made around 100 units of the vehicle, which would, in turn, be used as test drive cars in showrooms. Musk’s update came as a response to an inquiry from Ride the Lightning podcast […]

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Breaking: Tesla signs Gigafactory deal in Shanghai

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Elon Musk has been busy in Shanghai today as he inked the deal with the city to build a new battery production facility. The construction of Gigafactory 3 is to “begin in the near future,” says Tesla so that they may start production of both electric cars and batteries two years from now. Tesla’s China […]

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Elon Musk signs agreement for Tesla factory in China with 500k vehicle capacity

Elon Musk has signed a preliminary agreement with the Shanghai government to build a Tesla factory in China. According to reports, the upcoming China factory will be capable of manufacturing 500,000 vehicles per year, rivaling the output of Tesla’s main electric car plant in Fremont, CA. Reports of Musk’s trip to China emerged yesterday after […]

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