Tesla shorts feel the burn with $1B loss to start 2021

Tesla (NASDAQ: TSLA) short sellers felt the burn on the first days of 2021, recording a $1 billion loss due to the electric automaker’s boost in price on January 4. Tesla closed at a record high of $729.77 yesterday, marking the first official trading day on Wall Street of 2021 as a win for the […]

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Tesla still a ‘Buy’ to Jim Cramer: ‘Everytime [Elon] talks, it’s going to be good’

Tesla (NASDAQ: TSLA) is still a stock to buy despite its over $700 price tag per share, Jim Cramer says. Cramer, a TSLA bull, says that CEO Elon Musk is constantly increasing the company’s valuation because “every time he talks, it’s going to be good.” Cramer appeared on TheStreet on Monday morning to talk about the […]

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Tesla lands in Israel with import license, sales expected to begin within days

Tesla has received a Commercial Import License from the Israeli Ministry of Transport, and online sales of its electric cars are expected to begin within a few days. Tesla has been looking to expand to Israel since 2019 when the company registered a wholly-owned subsidiary in the Middle Eastern territory in December of that year. […]

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Tesla’s 2020 Aftermath: A look at the shorts who said 500k was ‘absurd’

Tesla’s 2020 showing has created an aftermath of reflection from bulls and bears alike. Despite the company coming off of a record year with a massive 500,000 vehicle delivery and production rate, which was considered “absurd” by some short-sellers in years past, Tesla proved the doubters wrong once again. Everyone knows that the stock market […]

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SpaceX CEO Elon Musk teases plans to test two Starships at once

Mirroring comments made a few weeks ago, CEO Elon Musk says that SpaceX could be ready to test two Starships simultaneously within “the next few weeks.” On November 30th, in response to an unofficial aerial photo edited to show two Starships at SpaceX’s South Texas launch pad, Musk had noted that the depiction “will be […]

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Tesla reaches 500,000 production and delivery goal for 2020

Tesla has announced that it has successfully reached its 500,000 production and delivery goal, which it set at the beginning of 2020. The company released its Q4 2020 and 2020 annual production and delivery figures on January 2, which revealed that it narrowly accomplished the feat in production, and its delivery goal was just 450 […]

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SpaceX Starship boosters could forgo landings entirely, says Elon Musk

SpaceX CEO Elon Musk says that Starship’s Super Heavy boosters could forgo landings entirely, relying instead on a wild crane-based solution to recover the world’s largest rocket stage. As previously discussed on Teslarati, the Super Heavy booster tasked with carrying a ~1400-ton (~300,000 lb) Starship around 25% of the way to orbit will be the […]

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Tesla applies for two business licenses in India

Tesla has applied for two business licenses in India under the names “Tesla India Motors and Energy Private Limited,” and “Tesla Energy Private Limited.” India’s Ministry of Corporate Affairs has several businesses that are listed with the name Tesla, with everything from “Tesla Foods” to “Tesla Heavy Electricals.” However, Tesla Motors would suggest that Elon […]

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Tesla CEO Elon Musk is fighting future boredom, today

Considering Tesla’s history and Elon Musk’s celebrity status, it is no surprise that every update from the electric car maker results in some degree of scrutiny. And as the number of Tesla owners continues to grow, the amount of scrutiny towards the company has also increased. This became quite notable as Tesla rolled out this […]

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Tesla extends Full Self-Driving free trial to buyers in year-end delivery push

Tesla CEO Elon Musk has announced that the company will extend a three-month-long Full Self-Driving trial for buyers to purchase vehicles in its year-end delivery push. “All Tesla cars delivered in the final three days of the year will get three months of the Full Self-Driving option for free. Delivery & docs must be fully […]

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