One of Tesla’s most ardent bulls, ARK Invest, appears to have started loading up on TSLA shares once more. The investment firm’s recent buying spree was reflected in its daily trading activity, which showed that ARK had increased its TSLA holdings during the electric car maker’s steep 20% dive on Tuesday. Interestingly enough, three of […]
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Tesla’s filings for Gigafactory Berlin reveal a particularly interesting detail about the upcoming facility. Based on the documents, Giga Berlin is poised to have eight giant casting machines, or “Giga Presses,” onsite. The presence of the machines, as well as their number, suggests that Tesla may be exploring the idea of rolling out new vehicles that are […]
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Tesla is hiring for over 30 different positions at Giga New York, the facility where the company manufactures its solar products. Recent job listings on LinkedIn for the company’s facility in Buffalo indicate a wide variety of skills are being sought, including but not limited to engineering, equipment maintenance, production operations, and roof installers. A […]
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Tesla has joined the Fair Cobalt Alliance, a group dedicated to the development of fair cobalt by ensuring responsible mining practices and challenging investments into mine improvements. The organization also aims to minimize the environmental impact of cobalt mining and create decent working conditions for those who work at a mine. FCA works to keep […]
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Lucid has revealed the prices of its Air configurations ahead of the September 9th unveiling event that will take place tomorrow at 4 PM PST. The Air is the first sedan from Lucid, a new electric automaker that is headed by former Tesla executive Peter Rawlinson. The Air will come in a series of variants, […]
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Nikola Motor has reached an agreement with General Motors that will see the legacy automaker produce its first pickup truck, the Badger. GM will hold the responsibility of engineering the battery and fuel cell electric vehicle variants of Nikola’s introductory passenger vehicle, according to sources. In exchange for the “in-kind services,” GM will receive a […]
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Tesla Model 3 sales in China spiked 7% in August compared to July. Tesla’s most affordable all-electric sedan sold 11,811 units last month, compared to 11,014 vehicles in July. Data from the Chinese Passenger Car Association (CPCA) indicates that Tesla sold 7% more vehicles in August than July, showing a sizeable increase in sales during […]
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Recent filings to the Securities and Exchange Commission (SEC) have revealed that Tesla (NASDAQ:TSLA) has completed its $5 billion stock offering, potentially explaining part of the weakness that was observed by investors late last week. The SEC filings were disclosed by Tesla on Tuesday. According to the electric car maker, the final settlement of the […]
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With the main sections of Gigafactory Shanghai’s Phase 2 zone being completed, it is becoming more and more apparent that the production of the Tesla Model Y would likely begin sooner than expected. If local reports are any indication, this will indeed be the case, as the initial production of the Model Y is reportedly […]
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Volkswagen Group Chairman of the Board of Management Herbert Diess seems to be on a social media roll recently, following up on his post about Elon Musk’s visit with some new details about the Tesla CEO’s test drive session of the ID.3. Apart from this, Diess also revealed that he was able to test drive […]
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