Tesla major shareholder Baillie Gifford cuts TSLA stake in ‘enforced’ reduction

Filings with the Securities and Exchange Commission have revealed that Edinburgh-based investment house Baillie Gifford, one of Tesla’s (NASDAQ:TSLA) largest institutional investors, has cut its stake in the company by 5% at the end of August. According to the investment firm, what transpired was an “enforced” reduction due to the sharp spike that TSLA stock […]

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Tesla starts sending Battery Day invites to lucky shareholders

Tesla has started sending out invitations for its 2020 Annual Shareholder Meeting and Battery Day event to a select number of investors. Images of the invites started making the rounds online on Tuesday, revealing that the company had utilized a randomized process when selecting which shareholders could attend the highly-anticipated event.  Following is Tesla’s message.  […]

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Elon Musk visits CureVac in Germany, explores Tesla’s role in vaccine development

Elon Musk’s trip to Germany appears to have started on a high note, as the CEO experienced nothing short of a rockstar welcome during his visit to the headquarters of CureVac in Tübingen on Tuesday evening. Local reports indicate that the internal visit was aimed at discussing cooperation between the biotech company and Tesla subsidiary […]

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Tesla critic of “Change My Mind” fame reverses stance, buys a Model S

Tesla and its CEO Elon Musk are no strangers to critics, and in the past, YouTube personality Steven Crowder of the “Change My Mind” series fame has counted himself among them. However, a search for the best Autopilot functionality to help his wife’s recent health issues led the conservative comedian to reconsider the merits of […]

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Tesla’s (TSLA) stock split and how it has burned short sellers

Tesla’s (NASDAQ: TSLA) price adjustment from its stock split took effect yesterday, and short-sellers are feeling the heat from the company’s surge in price once again. Tesla shares rallied 12% on the first day of post-split trading after the trading volume was well above its daily average, with 115.6 million pieces of stock trading hands. […]

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Tesla wants new video games to be made at Giga Texas

Tesla is looking to ramp up its in-car video game presence for owners based on job descriptions on the company’s website. The electric automaker is planning to hire a series of Video Game and Infotainment engineers. They will be employed at the new Giga Texas production facility, just 15 minutes outside of Austin. Tesla posted […]

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Tesla’s Nickel Problem: The quest for sustainable sourcing

Tesla CEO Elon Musk promised a “giant contract” to a nickel supplier during the Q2 2020 Earnings Call. The problem is that the company will have trouble finding an efficient and environmentally-friendly nickel mine, and it could prove to be Tesla’s biggest challenge yet. Nickel is a crucial metal in electric vehicle batteries because it […]

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Tesla to sell $5 billion in TSLA stock amid monster rally, SEC filings reveal

Recent filings with the Securities and Exchange Commission have revealed that Tesla (NASDAQ:TSLA) will be selling up to $5 billion in stock. According to the SEC filings, which were posted on Tuesday, the additional shares will be sold “from time to time” and “at-the-market” prices.  Several financial institutions are involved in Tesla’s initiative. Among these […]

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