Tesla price targets move as analysts unravel massive Q2 earnings beat

Following Tesla’s (NASDAQ: TSLA) second-quarter Earnings Call that took place on Monday evening, analysts tasked with following the automaker’s stock have revised their price targets, working to unravel the massive beat that the company reported. Here is a quick rundown of what a few analysts are saying and how their outlook of the stock has […]

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Tesla Gigafactory Shanghai is now a primary vehicle export hub

Tesla recently revealed that Gigafactory Shanghai has fully transitioned to being the company’s primary export hub. Giga Shanghai has been instrumental to Tesla’s record deliveries this year, so it may not be surprising that it has become the company’s main export center. “Due to strong U.S. demand and global average cost optimization, we have completed […]

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Tesla will produce Model Y in 2021 at Giga Texas and Berlin

Tesla has confirmed that it still is on track to manufacture the Model Y crossover at both the Giga Texas and Giga Berlin plants in 2021 as construction at both facilities continues. Additionally, the news confirmed that the Cybertruck is taking a backseat to the Model Y, ending speculation of what vehicle Tesla would manufacture […]

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Tesla updates 4680 battery cell development at its Kato Rd. facility

Tesla has finally updated the public about the development of its 4680 battery cells, giving new details regarding the development and performance of the new chemistry and additional details about the structural battery pack and how it is performing in crash tests. 4680 Battery Cell Unveiled at Tesla Battery Day in September 2020, the 4680 […]

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Tesla Model Y taxi fleet from Revel set for NYC launch after regulatory mix up

Revel, a New York City-based ridesharing company, will launch its fleet of Tesla Model Y taxis in the Big Apple in early August after a mix-up with NYC’s regulatory agency, the Taxi and Limousine Commission (TLC). The approval and soon-to-be-launched fleet of Model Y taxis will hit New York City streets on August 2nd, according […]

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Tesla primes robots for Model Y production at Giga Texas

Tesla’s next United States-based production facility just outside of Austin, Texas, is just months away from initial production. Because of this, the company is gearing up for the production of the Model Y, and new photographs from the facility show the all-electric crossover’s chassis at the plant, all but hinting toward the imminent manufacturing of […]

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Tesla Model 3 and Model Y Long Range get new round of price increases

Tesla has rolled out its latest round of price adjustments to the Model 3 sedan and the Model Y crossover’s Dual Motor AWD variants. Prices for other vehicles in the company’s lineup remained consistent for now.  With the most recent price adjustment, the Tesla Model 3 Long Range now starts at $49,990, $1,000 more than […]

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Tesla adds several new languages to UI, including Hindi in preparation for India launch

Tesla has added five new languages to its user interface, including Hindi, as the company prepares to emerge into the Indian market in the coming years. As Tesla continues to expand into other regions through international expansion, the company has added Russian, Hindi, Greek, Croatian, and Finnish to the user interface. The addition of new […]

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Tesla Model Y sales allow LG Energy Solutions to dethrone CATL as top battery vendor

South Korea’s LG Energy Solutions (LGES) has dethroned China’s Contemporary Amperex Technology (CATL) as the world’s top battery vendor. LG’s accomplishment was made possible by several factors, including the strong demand and increasing momentum of the Made-in-China Tesla Model Y. According to market analytics firm SNE Research, LG Energy Solution’s installed base rose 270% to […]

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Goldman Sachs predicts Tesla (TSLA) revenue growth after raising EV demand outlook

Goldman Sachs believes Tesla (NASDAQ:TSLA) is well-positioned for revenue growth and margin expansion after raising its EV demand outlook.  On Wednesday, the European Commission announced its plans to end the sale of polluting vehicles by 2035. Following the EU’s proposal to end the sale of ICE and hybrid cars by 2035, Goldman Sachs released a […]

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