RBC Capital analyst Tom Narayan maintained his “Buy” rating for electric vehicle maker Tesla (NASDAQ:TSLA) on Monday. His price target for Tesla was also listed at $298 per share, suggesting an upside of over 80%. Narayan is currently ranked on TipRanks as a 4-star analyst with an average return of 7.4% and a success rate […]
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The Anaheim Police Department has officially launched its pilot program to test six Tesla Model Y vehicles as patrol cars, after photos of the outfitted cruisers were spotted last week. On Monday, the department held a joint media event with Unplugged Performance to showcase the Tesla Model Y Long Range police units, in addition to […]
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Several Quicksilver Model Y and Cybertruck units can be seen at Tesla’s Gigafactory Texas this week, as shared in a recent construction update of the site. On Monday, drone operator and Giga Texas observer Joe Tegtmeyer shared a video from the Austin plant, showing multiple lots full of the Cybertruck, and one with several of […]
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Tesla supplier Piedmont Lithium has been granted approval to set up mining operations in North Carolina, though it still may face some barriers in developing a future operation. After filing for the mining permit in August 2021, Piedmont has faced some local backlash and regulatory challenges for the site outside of Charlotte, North Carolina. However, […]
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Tesla’s departures of Senior Vice President of Powertrain Drew Baglino and Vice President of Public Policy and Business Development Rohan Patel is being viewed as ” a gut punch” and “unexpected” by Wedbush in a new note from Dan Ives. Along with the at least 10 percent reduction in headcount, Tesla is going through “a […]
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Rivian has rolled out a new feature known as “Charging Scores,” which gives drivers the ability to see how reliable a fast charger is based on real-world experience from other owners. Rivian rolled out the feature in a recent Over-the-Air software update that works for both R1T and R1S owners. Charging Score helps owners evaluate […]
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Some employees have detailed Tesla’s plans to lay off about 10 percent of its workforce this week, alongside high-profile departures from two company executives. Tesla employees were informed that they were being laid off early Monday morning, according to an email sent to impacted workers that was obtained by Teslarati. In the email, Tesla writes […]
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Tesla CEO Elon Musk said the company has to “reorganize and streamline the company for the next phase of growth” every five years after at least 10 percent of its global workforce was trimmed, and two key executives left the automaker on Monday. Tesla has been preparing to enter a new phase of growth within […]
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Tesla Vice President for Public Policy and Business Development Rohan Patel has announced that he is leaving the electric vehicle maker. Patel announced his departure from Tesla in a post on his personal account in social media platform X. Patel’s post included words of appreciation for both the Tesla team and the company’s customers. Patel […]
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Tesla SVP Powertrain and Energy Engineering Drew Baglino has announced that he is departing the electric vehicle maker. Baglino is stepping down from Tesla after working 18 years in the company. Baglino announced his departure in a post on his personal X account. As per the former Tesla executive, the decision to leave the EV […]
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