Tesla is hiring a design chief to create cars for the Chinese market: report

Tesla is reportedly looking for a design director in China as part of the EV maker’s efforts to launch a full-function studio in the country. Citing people familiar with the matter, Reuters noted that the upcoming design studio would be tasked with the creation of electric cars that are tailored specifically for the tastes of Chinese consumers.  […]

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Tesla board member warmly welcomes GM as ‘healthy competition’ in EV segment

Tesla board member Hiromichi (Hiro) Mizuno has extended his welcome to potential EV competitor General Motors. The Tesla board member’s statement came amidst the legacy carmaker’s announcement of its new, revamped, logo, which highlights the company’s focus on its electrification initiatives.  Tesla CEO Elon Musk has noted in the past that Tesla appreciates healthy competition. […]

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Tesla China Supercharger Network grows nearly 30% in less than 2 months

Tesla China opened its 700th Supercharger station at the Badaling Ski Resort in Beijing. The company has been assertively ramping the installation of Superchargers across the country since late 2020.  The 500th Supercharger was opened in Shanghai less than two months ago in November. With the addition of the station in the Beijing ski resort, […]

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Tesla’s Elon Musk stays true to his word, completes selling all his CA homes

Back in May 2020, Elon Musk remarked on Twitter that he will be selling all his physical possessions, and that he will own no house. As the year ended, it became evident that Musk intended to stay true to his word, with the Tesla CEO selling his last four homes in California before the end […]

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Tesla Supercharger occupied by Dodge 4×4 pickup that identifies ‘as a Prius’

One of the best things about owning a Tesla is the Supercharger Network, which allows EV owners to take long trips in a convenient and affordable manner. It would then be quite an inconvenience if one were to use a Supercharger and its charging plug turns out to be covered in soot.  Unfortunately, some Tesla […]

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Tesla Model Y single-piece rear ‘Megacast’ spotted in production vehicle

A Tesla Model Y single-piece rear “Megacast” has been spotted in a production vehicle, suggesting that the electric car maker started using Giga Press machines at the Fremont Factory. The Giga Press machines are capable of creating Model Y rear underbodies from a single piece of metal.  An image of the Model Y single-piece rear […]

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SpaceX is building a futuristic bar at its Starship factory in Texas

Elon Musk has noted on Twitter that SpaceX is building a futuristic bar at its Starship facility in Texas. The SpaceX CEO’s update came as images of the private space firm’s cleverly designed restaurant, complete with repurposed Starship Mk1 flaps, were posted online.  In true Elon Musk fashion, SpaceX’s bar at the Texas Starship site […]

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Elon Musk donates to Barstool Fund in support of small business relief fund

Tesla CEO Elon Musk has donated to Dave Portnoy’s Barstool Fund, which aims to help small businesses survive amidst the COVID-19 pandemic. Barstool founder Portnoy Tweeted late on Friday night that Musk was officially donating to the fund on behalf of the Musk Foundation. “Glad to have @elonmusk and the Musk Foundation’s support,” Portnoy shared. […]

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Tesla’s Margins: Is there wiggle room for even more affordability?

Earlier this week, a report was released that revealed Tesla’s margins for the Model Y crossover in Shanghai. Guosen Securities, a Shenzen-based financial firm, found that Tesla holds a nearly 30% marginal rate on every unit. As the Model Y just recently began production and has become available for Chinese citizens to order, Tesla is already winning […]

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Tesla investors should ‘enjoy it while it lasts,’ says man who predicted 2007 housing collapse

Tesla stock will come crumbling down, at least that’s what Michael Burry, the man who predicted the 2007 United States housing bubble’s collapse in 2007, says. Burry’s status as a financial prediction guru was captured in “The Big Short,” a novel turned into a Hollywood hit starring Steve Carrell and Christian Bale, who played Burry […]

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