Automaker released another new version of its controversial software today.
Tag: Tesla
Tesla is officially worth $1 trillion, stock soars past $1,000 per share
Tesla (NASDAQ: TSLA) has officially reached a $1 trillion valuation after the stock price passed $1,000 per share today. The company’s valuation makes it the sixth company to currently be worth $1 trillion or more. Tesla stock surged on Monday morning following news of a massive deal with Hertz, a car rental agency. Hertz agreed […]
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Tesla FSD Beta 10.3.1 starts rollout after brief weekend rollback
Tesla Full Self-Driving Beta version 10.3.1 is being rolled out to members of the company’s Beta pool this morning following a rollback after bugs were found in the initial rollout of Software Version 10.3 on Sunday. Tesla has been releasing updates to the FSD Beta program on a bi-weekly basis for several months, with new […]
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Tesla China announces R&D center, shares teaser for Tesla Bot project
Tesla China has formally announced its newly completed Research and Development (R&D) center in the Gigafactory Shanghai complex. The recently completed facility will be hosting several critical programs that would benefit Tesla on a worldwide scale, such as the design and creation of the company’s upcoming $25k car. Interestingly enough, Tesla China’s announcement video for […]
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Hertz to purchase 100,000 Tesla Model 3s for its rental fleet
Some of Hertz’s fleet will be powered by a new, larger Panasonic battery.
Tesla shares (TSLA) jump following blockbuster Hertz order announcement
Tesla (NASDAQ: TSLA) shares surged over 7% during the morning trading hours on the heels of an announcement that the electric automaker had secured an order for 100,000 Model 3 vehicles in a deal worth $4.3 billion. In a report this morning, it was confirmed that rent-a-car company Hertz had secured a massive order for […]
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Tesla secures 100k Model 3 orders with a potential for $4.2B in revenue
Just months after declaring bankruptcy, American car rental giant Hertz Global Holdings Inc. has placed an order for 100,000 Tesla Model 3 as part of its initiative to transform its fleet into sustainable vehicles. The update was related by individuals who were reportedly familiar with the matter. As noted by Bloomberg News, Hertz’s 100,000 Tesla Model […]
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Tesla battery supplier Panasonic shows off 4680 cell
Tesla battery supplier Panasonic showed off some 4680 lithium ion cells and shared a few details about its production. Panasonic recently revealed the 4680 cylindrical battery to the Wall Street Journal–a little over a year after Tesla unveiled the new cell design during Battery Day. According to the head of Panasonic’s battery unit, Kazuo Tadanobu, […]
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Hertz invests in largest EV rental fleet; to buy 100,000 Teslas by the end of 2022
As consumer interest in electric vehicles skyrockets, Hertz today announced a significant investment to offer the largest EV rental fleet in North America and one of the largest in the world. This includes an initial order of 100,000 Teslas by the end …
Tesla Model 3 becomes Europe’s best-selling car in September
September was another significant month for Europe’s automotive industry, as new car registrations fell by 25% to just 964,800 units. Year-to-date, Europe’s 26 markets continued to outperform in comparison to 2020, however the gap has narrowed. By the …
