Tesla – Page 629 – Sidevalve EV News

Morgan Stanley recognizes Tesla’s disproportionate advantage over legacy automakers

April 7, 2021 Maria Merano Syndicated Comments Off

In a recent TSLA note, Morgan Stanley (MS) recognized Tesla’s disproportionate advantage over legacy automakers as EV adoption accelerates. In the note Morgan Stanley questioned whether or not President Biden’s proposed $174 billion EV infrastructure bill would exacerbate Tesla’s ‘disproportionate advantage’ in the EV market. Morgan Stanley believes that Biden’s bill would disproportionately benefit Tesla […]

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Electric vehicle sales surge in UK, petrol engines slump and drop 10%

April 6, 2021 Joey Klender Syndicated Comments Off

Electric vehicle registrations in the United Kingdom have exploded, increasing over 88% in March 2021 compared to the same month in 2020. While battery-electric vehicle (BEV) sales surged, petrol and diesel engine sales collapsed by 10 and 31.4%, respectively, proving car buyers in the UK are becoming more attracted to sustainable powertrains compared to the […]

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Tesla Model 3, $2.2M seized from man who fraudulently obtained COVID-19 relief loans

April 6, 2021 Joey Klender Syndicated Comments Off

A man in the State of Maryland is being charged with wire fraud after obtaining multiple COVID-19 relief loans. The man successfully received a $1.5 million payment from the Paycheck Protection Program and subsequently had $2.2 million and a Tesla Model 3 seized by various Law Enforcement agencies. 45-year-old Rudolph Brooks, Jr. of Cheltenham, Maryland, […]

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Tesla stock outlook soars to $1,300 per share, driven by Biden’s $10k EV tax credit

April 6, 2021 Joey Klender Syndicated Comments Off

Tesla’s (NASDAQ: TSLA) stock price soared during Monday trading following the report of impressive Q1 2021 delivery and production numbers last Friday. Bullish analyst Dan Ives of Wedbush, who boosted his outlook on Tesla stock to “Outperform” from a “Hold” rating following the Q1 figures, believes that the stock could cross the $1,300 mark in […]

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Tesla’s new giant Supercharger with 100 stalls confirmed for Harris Ranch

April 6, 2021 Simon Alvarez Syndicated Comments Off

A Tesla Supercharger with 100 stalls has been confirmed for Harris Ranch, CA, one of the company’s most historic charging locations. With over 100 stalls on the site, the Harris Ranch Supercharger is on track to become the world’s largest Tesla charging station to date. The Harris Ranch Supercharger has been around for some time. […]

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Tesla is hitting the ground running as Q2 begins after breakout first quarter

April 6, 2021 Simon Alvarez Syndicated Comments Off

Despite setting new records and proving skeptics wrong in the first quarter, Tesla seems to be determined to hit the ground running for the second quarter. This was hinted at recently in videos of the Fremont Factory, which remains full of vehicles being gathered and shipped for deliveries. A few days ago, drone operator and […]

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Tesla supplier developing dry electrode tech to establish facility in Texas

April 6, 2021 Maria Merano Syndicated Comments Off

Reported Tesla supplier Saueressig Engineering plans to establish a facility in San Antonio’s East Side—about 80 miles away from Gigafactory Texas. Saueressig is a division of Matthews International Corp. and may be linked to Tesla’s 4680 battery cell initiatives. On April 1st, the San Antonio City Council approved an economic incentive package that gave Saueressig […]

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Tesla is entering S-curve’s slope amid 109% growth in Q1: Loup Ventures

April 6, 2021 Maria Merano Syndicated Comments Off

Tesla experienced a 109% growth this first quarter after delivering nearly 185,000 vehicles, beating Wall Street consensus estimates. With these results, Loup Ventures believes the company is now entering the slope of its growth S-Curve, signaled by Tesla’s acceleration in growth. Loup Ventures noted that Tesla’s delivery growth has gone from 23% in December 2019 […]

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Tim Cook talks Apple’s autonomous car plans and Elon Musk’s attempt to sell Tesla

April 5, 2021 Simon Alvarez Syndicated Comments Off

In December, Elon Musk remarked that he actually tried to reach out to Apple CEO Tim Cook for a potential Tesla acquisition during the Model 3 ramp’s darkest days. Tesla’s market cap was just a fraction of its current valuation then, and thus, the deal would have been an easy acquisition for Apple. According to […]

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Volkswagen to buy CO2 credits from Tesla in China

April 5, 2021 Nora Manthey Syndicated Comments Off

Volkswagen has purchased CO2 certificates from Tesla in China, the Reuters news agency reports. The deal appears to involve VW’s joint venture with FAW, with an agreement already in place. VW and its Chinese joint venture FAW-Volkswagen have agreed to comply with the People’s Republic’s increasingly stringent emissions regulations, Reuters quoted three people familiar with […]

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