Tesla’s biggest bull stands firm on TSLA, gets 6,000% gains from options bets

No one could ever accuse ARK Invest CEO Cathie Wood of being a Tesla (NASDAQ:TSLA) bull who does not walk the walk. Being one of Tesla’s most prominent supporters, Wood is deep into her investment with the electric car maker, and this shows in ARK Invest’s TSLA holdings. Wood’s conviction has also paid off, with […]

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Tesla’s monster bull run continues as TSLA soars past $880 in Tuesday pre-market

Tesla’s (NASDAQ:TSLA) monster rally, which saw the electric car maker end Monday’s trading with a 19.89% gain at $780 per share, is not showing any signs of stopping. During Tuesday’s pre-market, Tesla shares actually touched the $900 per share level, a new record for the electric car maker. This is incredibly remarkable for a company […]

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Ford Mach-E frunk is perfect for chowders and chicken wings, and we’re not even joking

The Ford Mustang Mach-E is the legacy automaker’s answer to Tesla and specifically, the Model Y. Being a crossover, the Mach-E is designed for fun and utility, and this is shown in its cool storage spaces, such as its frunk. But if recent images of the upcoming all-electric crossover are any indication, it appears that […]

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Tesla is now more valuable than Volkswagen and BMW combined

Tesla stock closed at a record-high of $780 per share on Monday, pushing the California-based electric carmaker’s valuation to $140.591 billion and above the market cap of Volkswagen and BMW combined. Tesla’s latest record-setting valuation further solidifies the Elon Musk-led company’s position among legacy automakers, eclipsing Volkswagen’s market cap of $90.672 billion and BMW’s $45.894 […]

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Tesla taps into Chinese TikTok for social media-based sales and customer support

Tesla may have temporarily shut down its electric vehicle factory in Shanghai due to the coronavirus outbreak, but the electric car company has taken to other channels to reach its enthusiastic market in China. More specifically, Tesla is using Douyin, China’s version of TikTok, to push knowledge-based content with the goal of driving more sales […]

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Tesla and Panasonic’s battery partnership is stronger than ever

Battery manufacturer Panasonic released its fourth-quarter operating profit numbers on February 3, and it showed that the Japanese company was able to cut production costs and post a 3% rise in operating profit. Panasonic was able to accomplish this thanks in no small part to its partnership with American electric car maker Tesla. Panasonic’s profit […]

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Tesla’s deal with CATL as Giga Shanghai’s battery supplier officially confirmed

After a long period filled with rumors of an impending partnership, Tesla and Contemporary Amperex Technology Co Ltd. (CATL) have officially signed an agreement for Giga Shanghai’s battery cell supply. The agreement allows CATL to be one of Tesla’s official suppliers for its vehicle production in the country. The two companies’ recently-signed deal is currently […]

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Tesla (TSLA) soars past $700 amid Panasonic update, Wall St upgrade

Tesla stock (NASDAQ:TSLA) broke the $700 barrier on Monday’s opening bell, trading as high as $735 per share as of writing. Amidst this rise was an update from Tesla’s battery partner Panasonic, which reported a profit thanks to its operations at Giga Nevada, as well as an upgrade from a Wall Street firm, which gave […]

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Tesla’s win in Michigan marks a point of no return for traditional auto

After resisting Tesla for years, the heart of American auto, Michigan, finally allowed the electric car maker to establish a foothold in the state. It was a hard-fought battle for Tesla, and a victory well worth more than CEO Elon Musk’s one-word celebration on Twitter. But at the same time, Tesla’s settlement with Michigan, which […]

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Tesla addresses “butt-dialed” in-app purchases with new refund policy

Tesla has updated its refund policy for software upgrades purchased through its mobile app, following a ruckus that had some customers accidentally buying upgrades they had no intention of buying. In what amounts to a “butt-dial”, Tesla owners were accidentally buying software upgrades through the unintentional press of the “Purchase” button on their mobile devices. […]

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