Tesla crushes short thesis on declining Model 3 demand

Tesla announced during its Q2 2018 earnings call that interest and demand for the Model 3 remains strong, particularly from customers who are not part of the company’s initial line of reservation holders. The update follows months of speculation that the rollout of the Model 3 has been anything but smooth. Since starting production of […]

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SpaceX spotted hot-fire testing Falcon 9 Block 5 ahead of its first reflight on August 7

Less than three months after SpaceX debuted its upgraded Falcon 9 Block 5 rocket, the company is set for an unexpectedly sudden inaugural reuse of the first highly reliable and reusable rocket to roll off of the Hawthorne, CA assembly line. Falcon 9 booster 1046 (B1046) is now targeting 1:18 AM EDT, August 7 for […]

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Elon Musk’s steady hand marks a ‘New Era’ for Tesla

On Tesla’s 32nd earnings call, CEO Elon Musk may have delivered what investors need, a steady, solid hand. After handily beating analysts expectations, cutting cash burn significantly and stabilizing the Model 3’s production, investors entered the company’s quarterly conference on pins and needles. Following last quarter’s disastrous and combative earnings call, Musk started the call […]

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Does This Tesla Model 3 Performance Hit 60 MPH In 3.1 Seconds?

Get out your stopwatch. With the Tesla Model 3 Dual Motor Performance now being received into the loving embrace of owners, its abilities are being put to the test more and more. We’ve already seen one lucky owner seem to hit the official 0-to-60 acceleration number of 3.5 seconds. In this new video from David and […]

Tesla’s Q2 2018 earnings call showed a more mature Elon Musk leading a more mature company

Tesla’s Q2 2018 financial results and earnings call were not only a pleasant surprise because of the encouraging figures in the company’s Update Letter. Contrary to what critics of the company have predicted in the weeks leading up to the Q2 2018 earnings call, the Elon Musk that showed up on Wednesday was not the […]

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Tesla Q2 earnings call Live Feed: Model 3 progress, cashflow, Q3/Q4 profit

Tesla CEO Elon Musk is set to take the stage on Wednesday afternoon at 2:30 pm PDT (5:30 pm EDT) to talk about the company’s Q2 financial results. Following a relatively positive quarter, based on after-hours stock activity, with the Silicon Valley-based electric car maker and energy company posting record revenues and wider adjusted losses, […]

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Tesla (TSLA) posts Q2 2018 financial results: $4B revenue, profitability in focus

Tesla’s second-quarter earnings for 2018 saw the California-based carmaker beat Wall Street revenue estimates after posting $4B billion in revenue and missed earnings estimates with a non-GAAP loss of $520 million. The results, which were posted in an update letter to investors after the closing bell on Wednesday, August 1st, showed second-quarter earnings of -$3.06 […]

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Famed hedge fund betting against Tesla reports massive loss to customers, Elon Musk trolls with gift offering

David Einhorn, a staunch Tesla critic and owner of Greenlight Capital fund, revealed on Tuesday that his bet against the electric car maker resulted in heavy losses for his firm during the first half of 2018. In Q2 alone, Greenlight Capital lost 5.4%, bringing the fund’s losses from January to June to 18.3%. In a […]

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Nissan LEAF 40-kWh Battery: Deep Dive

The second-generation Nissan LEAF, when introduced in late 2017 in Japan, was equipped with a new NMC 40 kWh battery. The 40 kWh is significantly more than the 24 kWh from 2010 (LMO type) and 30 kWh, but not fully competitive with the top long-range models like the Chevrolet Bolt EV, Tesla Model 3 or […]