Tesla’s (NASDAQ:TSLA) monster rally, which saw the electric car maker end Monday’s trading with a 19.89% gain at $780 per share, is not showing any signs of stopping. During Tuesday’s pre-market, Tesla shares actually touched the $900 per share level, a new record for the electric car maker. This is incredibly remarkable for a company […]
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Elon Musk confirmed a future update will allow Tesla vehicles to create micro maps of roads that will help owners avoid potholes or other changes in the environment that are not available in conventional maps. The micro maps created from data collected by its fleet will be shared with fellow Tesla owners when they drive […]
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The Ford Mustang Mach-E is the legacy automaker’s answer to Tesla and specifically, the Model Y. Being a crossover, the Mach-E is designed for fun and utility, and this is shown in its cool storage spaces, such as its frunk. But if recent images of the upcoming all-electric crossover are any indication, it appears that […]
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Thanks to a recent cluster of major milestones, SpaceX’s family of Falcon 9 and Heavy rockets are rapidly nearing their reusability zenith — approaching the halfway point on the path to several ambitious booster and fairing design goals. Back in the early 2010s, SpaceX’s CEO Elon Musk’s original dream was to make Falcon 9 and […]
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Tesla stock closed at a record-high of $780 per share on Monday, pushing the California-based electric carmaker’s valuation to $140.591 billion and above the market cap of Volkswagen and BMW combined. Tesla’s latest record-setting valuation further solidifies the Elon Musk-led company’s position among legacy automakers, eclipsing Volkswagen’s market cap of $90.672 billion and BMW’s $45.894 […]
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Tesla may have temporarily shut down its electric vehicle factory in Shanghai due to the coronavirus outbreak, but the electric car company has taken to other channels to reach its enthusiastic market in China. More specifically, Tesla is using Douyin, China’s version of TikTok, to push knowledge-based content with the goal of driving more sales […]
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A Tesla Model Y Performance prototype with white seats was spotted in a Los Angeles parking garage over the weekend. All sightings of Tesla’s upcoming all-electric crossover thus far have been with the standard black interior. This most recent sighting gives Model Y pre-order reservation holders a first-hand look of how the vehicle may appear […]
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Battery manufacturer Panasonic released its fourth-quarter operating profit numbers on February 3, and it showed that the Japanese company was able to cut production costs and post a 3% rise in operating profit. Panasonic was able to accomplish this thanks in no small part to its partnership with American electric car maker Tesla. Panasonic’s profit […]
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After a long period filled with rumors of an impending partnership, Tesla and Contemporary Amperex Technology Co Ltd. (CATL) have officially signed an agreement for Giga Shanghai’s battery cell supply. The agreement allows CATL to be one of Tesla’s official suppliers for its vehicle production in the country. The two companies’ recently-signed deal is currently […]
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Tesla stock (NASDAQ:TSLA) broke the $700 barrier on Monday’s opening bell, trading as high as $735 per share as of writing. Amidst this rise was an update from Tesla’s battery partner Panasonic, which reported a profit thanks to its operations at Giga Nevada, as well as an upgrade from a Wall Street firm, which gave […]
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