Tesla bull ARK offloads over 51,000 shares amid stock run up

Tesla bull ARK Invest offloaded over 51,000 shares of the electric automaker on Wednesday night after the company’s run on Wall Street continued. ARK sells Tesla shares to equal out the concentration of certain securities within its ETFs. The sale is not a statement that the company is ready to unload what it has to […]

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Tesla Model 3 earns 5-star rating in Green NCAP test

The Tesla Model 3 has aced the Green NCAP test, earning a 5-star safety rating with an average score of 98%.  As per the Green NCAP, the Model 3 proved to be one of the most energy-efficient vehicles it has ever tested.  It should be noted that the Green NCAP tested a Model 3 Rear Wheel […]

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Tesla’s path to $2 trillion market cap laid out by Wedbush

Tesla has a clear-cut path to a massive $2 trillion market capitalization, which would make it the sixth-most valuable company in the world if all remains the same. The company has spent the last month and a half bolstering its position as one of the best investments on Wall Street, as it has swelled over […]

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GM & LG Energy Solution team up to produce prismatic cells

General Motors (GM) and LG Energy Solution (LGES) entered into a new partnership to develop prismatic cells. The South Korean battery supplier and GM’s new agreement will extend the companies’ 14-year battery partnership. “Together with LG Energy Solution, we’ve built Ultium Cells into one of the largest battery cell manufacturers in North America, creating thousands of […]

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Tesla stock closing the year off strong 

Tesla (NASDAQ: TSLA) stock appears to be closing the year off strong. As of the market close on Wednesday, December 11, 2024, TSLA was up by almost 6% at $424.77.  On Wednesday, Tesla stock set a new record, beating its previous record close of $409.88.  According to the Motley Fool: “Tesla stock is sitting on […]

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General Motors Ultium Cell plant reaches major milestone

The General Motors (GM) Ultium Cells Warren plant in Ohio celebrated a major milestone recently by producing its 100 millionth battery cell.  The milestone was achieved five yeas after GM and LG Energy Solution announced their joint venture plans to produce electric vehicle (EV) battery cells in Ohio, as stated in a GM Authority report. […]

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Tesla is ramping its Cybercab testing sessions in Giga Texas

Tesla definitely seems to be ramping its Cybercab tests around the Giga Texas complex. Videos recently shared online revealed several Cybercabs being operated around the Giga Texas facility.  The tests Aerial footage from longtime Giga Texas watcher Joe Tegtmeyer have shown that Tesla is continuously testing the Cybercab around the Giga Texas complex.  The self-driving […]

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Elon Musk denies claims he is considering a $100M penthouse near Mar-a-Lago

Elon Musk has denied reports that he is reportedly eyeing late beauty mogul Sydell Miller’s penthouse in Palm Beach, Florida.  Reports about Musk’s alleged interest in Miller’s luxury property was initially reported by Page Six, which cited a source reportedly familiar with the matter. The rumors Page Six claimed that Musk has expressed interest at […]

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Tesla Cybertruck spotted at BYD facility in China

A Tesla Cybertruck has been spotted at a BYD facility in China. The all-electric pickup truck will likely provide the Chinese automaker with a number of interesting insights into Tesla’s latest EV innovations. What’s in the video:  The 40-second video, which was shared on social media, showed the all-electric pickup truck being inspected by what […]

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Tesla is working on new parking features for Full Self-Driving

Tesla is working on releasing new parking features and capabilities within the Full Self-Driving suite, its Head of Autopilot and AI revealed. Tesla has been working to complete its Full Self-Driving suite for several years, and its recent release of version 13 (v13) has been one of the most encouraging releases in recent memory. However, […]

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