Tesla’s vehicle deliveries in Q3 2022 fell short of analysts’ expectations, and it showed on Monday, with TSLA stock closing down 8.6%. Despite the volatility, retail Tesla investors actually increased their purchases of TSLA stock. According to a report from Vanda Research, net purchases of TSLA stock by retail investors reached about $500 million in […]
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Tesla recently made headlines after the company announced that it would be removing ultrasonic sensors (USS) on its vehicles. With the removal of ultrasonic sensors, Tesla’s electric cars will continue their transition to a full vision-based system. As noted by Tesla in its announcement, it will be pretty easy to see if a vehicle is […]
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Twitter stock closed more than 22% higher yesterday following Elon Musk’s announcement that he intends to close his $44 billion buyout of the social media company at $54.20 per share. The Tesla CEO discussed his decision on Twitter, noting that purchasing the social media platform will speed up the creation of “X, the everything app.” […]
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Tesla’s Giga Texas expansion project, which will make way for an “ecological paradise” open to the public just outside the automotive production facility, has been approved by the City of Austin. On September 21, we originally reported that Tesla was planning to revise its original application for Giga Texas, showing a proposed expansion of the […]
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The Society of Motor Manufacturers and Traders Ltd (SMMT) has released its data on the UK’s vehicle sales for September. Based on the figures, it appears that a particular all-electric crossover is starting to gain some real traction in the country. Tesla CEO Elon Musk has been pretty open about the idea that Model Y […]
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Tesla bull and Wedbush analyst Dan Ives said that Elon Musk’s sale of his automaker’s stock to fund the Twitter takeover is like “giving away caviar to buy a $2 slice of pizza.” Ives, who has been a skeptic of Musk’s decision to buy Twitter due to overhand on Tesla stock, was quick to continue […]
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Pininfarina announced today that it has officially delivered the first Battista all-electric hypercars to clients in the United States. Pininfarina called the accomplishment “another significant milestone” for the company as it attempts to strengthen its presence in North America. Two units, a built-to-order Battista, and an exclusive Battista Anniversario, which will be shipped directly from […]
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Tesla and the Western Nevada College (WNV) are partnering to train 62 Tesla employees through the college’s Manufacturing Technician program, Nevada Business reported. The program is funded by Project SANDI and the Nevada Governor’s Office of Workforce Innovation (GOWINN). In total, 47 of the students received grant funding for the Technology Level 1 (MT1) certification […]
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Aptera has announced today that it has begun producing solar cells for its upcoming hyper-efficient EV. A critical part of Aptera’s hyper-efficient vehicle design is the implementation of solar cells that cover the vehicle. Every upward-facing surface, from the roof to the interior dash, is equipped with solar cells, allowing maximum energy to be collected […]
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Ford announced their sales statistics for September, and it is clear that the brand’s EV sales are outgrowing its ICE offerings. As anticipated and announced by Ford, sales in September were significantly impacted by inflationary issues and supply shortages. However, these problems seem to have affected ICE sales markedly more than EVs, which saw yet […]
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