Tesla’s (NASDAQ:TSLA) 2021 annual shareholder meeting comes at a historic time for the company. After delivering a record 241,300 cars in Q3 2021 and producing 237,823 vehicles in the quarter, all eyes are now on Tesla and its capability to ramp even higher in the the fourth quarter. Unlike the previous years, Tesla’s 2021 annual […]
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Tesla (NASDAQ: TSLA) will hold its 2021 Annual Shareholder’s Meeting on Thursday, October 7, 2021. The meeting will be held at Tesla Gigafactory Texas in Austin and will begin at 5:30 PM EDT. Tesla utilizes Say Investor Relations, a platform used by several large companies to handle questions for quarterly earnings calls and shareholder meetings. […]
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Tesla CEO Elon Musk confirmed on Twitter several days ago that the company’s $1.4 billion loan for its Gigafactory Shanghai facility in China was paid off. On October 4, 2021, @jpr007, a Tesla enthusiast on Twitter, showed documentation that Tesla had officially paid off its entire $1.4 billion loan, which was granted from Chinese banks, […]
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General Motors is going all-in on its electric vehicle investment. The legacy automaker announced today that it would be building a new battery cell research and innovation facility, known as the Wallace Battery Cell Innovation Center, in Warren, Michigan. “Today, General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly […]
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Tesla (NASDAQ: TSLA) short-sellers are becoming a rare breed, new data from IHS Markit Ltd., a London-based information company, shows. For years, Tesla has been among the most shorted stocks on Wall Street. In the past, the company has had vocal critics like David Einhorn, Jim Chanos, Michael Burry, and others. However, $TSLA stock’s incredible […]
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Tesla’s impressive third-quarter delivery performance overshadowed the automotive industry’s ongoing struggle with the semiconductor chip shortage. Among all of the world’s automakers, Tesla has been basically the only car company to avert the crisis as it has not had any overwhelmingly public stoppages in vehicle production. Morgan Stanley’s new investor note, drafted by lead analyst […]
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Tesla (NASDAQ:TSLA) superbull Cathie Wood of ARK Invest recently made some keen observations for investors following the automaker’s release of its Q3 2021 vehicle production and delivery report. Specifically, the ARK Invest founder pointed out Tesla’s notable increase in US car sales and GM’s decrease in the third quarter, despite the ongoing chip shortage. “Today, […]
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Tesla has announced its production and delivery figures for the third quarter of 2021, confirming that it handily beat Wall Street consensus estimates which came in at 222,700 deliveries. Tesla delivered a record 241,300 cars in Q3 2021, producing 237,823 vehicles, another record for the automaker. “In the third quarter, we produced approximately 238,000 vehicles […]
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Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric vehicle programs with iPhone manufacturer Hon Hai Technology Group, more commonly known as Foxconn. Lordstown announced earlier this year that it was struggling with significant cash flow problems and that it would likely […]
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Tesla (NASDAQ: TSLA) bull Chamath Palihapitiya said at the beginning of 2021 that he expected the company’s stock to double and triple in value. That was in January when $TSLA was trading at around $799 per share, comparative to current levels, which, at the time of writing, was $782.22, up .12%. Palihapitiya, who founded Social […]
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