The radiologist who drove a Tesla off a cliff in California with his family inside in an attempt to kill them was suffering from a psychotic break and a major depressive disorder, according to new testimony in the case. Dharmesh Patel, a Pasadena, California, radiologist, is on trial for three counts of attempted murder after […]
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Tesla’s strong Earnings Call earlier this week has certainly won over some investors as the stock continues to climb upward, but analysts at Deutsche Bank believe the call might have raised more questions as the company clarified its plans for the future. “The strong positive market reaction to Tesla’s mixed Q1 print, in our view, […]
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Legendary investor and Tesla bull Ron Baron believes the electric automaker’s stock is set to see massive gains as the introduction of Robotaxi and a new vehicle lineup is imminent. “Now is the bottom,” Baron said during an interview with Squawk Box on CNBC earlier today. Baron has been one of the biggest winners in terms of […]
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Hertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. Hertz said it had increased the number of EVs it will let go of by 10,000 units, now planning […]
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A Tesla driver in Australia who attempted to blame Autopilot for a hit and run with a pedestrian back in March 2022 has pleaded guilty to dangerous driving. The driver’s guilty plea comes after police analysis and Tesla’s own telemetry of the vehicle involved revealed that Autopilot was not engaged at the time of the accident. On the morning of March 22, 2022, […]
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Tesla China has announced a zero downpayment program for inventory Model 3 sedans and Model Y crossovers. The program, which is likely a way for the company to boost its domestic sales in China, was announced by the electric vehicle maker in a post on its official Weibo account. Customers who purchase a Model 3 or Model Y […]
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Speaking: Tesla VP of Investor Relations Martin Viecha, CEO Elon Musk, CFO Vaibhav Taneja, VP of Vehicle Engineering Lars Moravy, Autopilot Director Ashok Elluswamy, Senior Megapack Director Mike Snyder, along with other executives and analysts. Q1 2024 Earnings Call held on Tuesday, April 23: Transcript Below Martin Viecha: My name is Martin Viecha, VP of […]
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Tesla gave a first look at its Robotaxi-powered ride-hailing service by way of a potential smartphone app that would be used to summon a vehicle for a driverless ride. This is far from the first time we have heard about Tesla’s Robotaxi fleet and what it might be capable of. The company plans to compete […]
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Tesla (NASDAQ: TSLA) needed what Elon Musk delivered during the company’s Q1 Earnings Call last night: an adult in the room. “The focus for us and investors was around the blueprint and roadmap for growth as Musk and Tesla are facing a Category 5 storm after a Cinderella ride the last few years,” Dan Ives, […]
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With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. But while the new Model 3 Performance stands out from the upgraded Model 3 Rear Wheel Drive (RWD) and the upgraded Model 3 Long Range Dual Motor All Wheel Drive (AWD) in terms of design, the vehicle also stands out in terms […]
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