Tesla (NASDAQ: TSLA) recorded weak vehicle registrations in California in the second quarter of 2020. However, while it is alarming considering California is one of the electric automaker’s most robust markets, there is no reason for TSLA short-sellers to get excited. There was a pandemic that was affecting the Golden State, and it undoubtedly impacted […]
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Tesla’s (NASDAQ:TSLA) retail and institutional investors are aggregating a number of inquiries that will potentially be addressed by the electric car maker’s executives in the upcoming Q2 2020 earnings call, which will be held on July 22, 2020. The questions are aggregated from verified retail and institutional TSLA shareholders by Say, a startup that aims […]
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Tesla could be looking to open a second Gigafactory in China, according to local reports. The electric automaker already has one production facility in China with Giga Shanghai, which is currently producing around 200,000 vehicles per year, according to Tesla. However, Tesla will need more production facilities in Asia to keep up with the increasing […]
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Tesla will likely select Austin, Texas as the location for its next Cybertruck Gigafactory, but that doesn’t mean they’ll turn down offers from other regions that are vying for their attention, including Tulsa, Oklahoma. First reported by Electrek, and later confirmed by Teslarati with multiple sources, Texas is the forerunner to become home to the […]
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It appears that Tesla’s struggles and the resulting drama surrounding its Fremont factory’s reopening are coming to an end. In an emergency press release on Tuesday evening, Alameda County stated that it had reviewed Tesla’s safety plan for its employees, and the company will likely be allowed to continue its normal operations next week. “We […]
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Tesla CEO Elon Musk took to Twitter on Saturday to announce that the company will be moving its California-based headquarters to Texas or Nevada, and file a lawsuit against Alameda County. The revelation comes on the heels of new guidance from California Governor Gavin Newsom to reopen lower risk businesses, including those in manufacturing, with […]
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Tesla is expected to resume operations at its Fremont factory in Northern California as early as today, following an announcement by state Governor Gavin Newsom that “lower risk industries” will be able to resume work activities. Multiple emails sent by Tesla executives on Thursday evening, including CEO Elon Musk, outlined the company’s plans to reopen […]
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Tesla’s (NASDAQ: TSLA) growth has made believers out of some of the company’s most prominent skeptics. One of them is Shark Tank judge and Canadian businessman Kevin O’Leary, who previously held critical opinions of Tesla’s potential as not just an automaker, but as a technology company. On a recent segment of CNBC’s Halftime Report, O’Leary reiterated […]
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Jim Cramer’s love affair with Tesla stock (NASDAQ: TSLA) appears to be continuing. The former Tesla skeptic turned supporter and host of CNBC’s Mad Money recently suggested that TSLA stock is a prime candidate for buying right now. In an interview with The Street, Cramer talked about TSLA’s strength, along with CEO Elon Musk’s suggestions that […]
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Tesla (NASDAQ: TSLA) has received a higher price target from several investment firms on the heels of a successful first quarter earnings report. The most update came from Frankfurt, Germany-based Deutsche Bank, which raised its price target for the electric automaker from $510 to $850 per share while maintaining a “Hold” rating for TSLA stock. […]
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