At a press conference last year at Volkswagen’s global headquarters in Wolfsburg, Germany, VW Chairman of the Board Herbert Diess stated that “anything that Tesla can do, we can surpass.” The VW boss even noted that its dedicated MEB electric car architecture would give the company cost advantages at a scale that’s out of Tesla’s […]
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Tesla stock (NASDAQ:TSLA) is up more than 5% on Tuesday’s intraday amidst news that prominent activist short-seller Andrew Left of Citron Research, who currently has a lawsuit against Elon Musk over his “funding secured” tweet last August, has gone long on the electric car maker. In a recent note published on Tuesday, Citron noted that […]
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Oh, look, a flying pig! Citron made its fortune by betting against companies, shorting their stocks. Basically, they look for signs of weakness and place bets that their share price will fall. They are a long time trader of Tesla shares and have released a number of notes in the past about their bets against the automaker. […]
As Tesla heads towards its earlier-than-expected Q3 2018 earnings call, the company’s Model 3 production ramp continues to show signs that it is going smoothly. Just yesterday, Tesla registered another large batch of 4,500 new Model 3 VINs, all of which appear to be RWD versions of the electric sedan. Tesla had also registered 38,211 […]
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Tesla (NASDAQ:TSLA) has announced the date for the release of its third-quarter 2018 financial results report; as well as its following earnings call. In a recent announcement on its Investor Relations page, Tesla stated that it would be posting its financial results for Q3 2018 after the market closes on Wednesday, October 24, 2018. The […]
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Recent reports from local Chinese news outlets indicate that Tesla has successfully acquired a 9.3 million-square-foot plot of land at the Shanghai Lingang Equipment Industrial Zone. The area will be the site of the electric car maker’s upcoming Gigafactory 3, which is expected to produce 500,000 electric cars per year when complete. The land transfer […]
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Elon Musk recently announced on Twitter that in about 6 months, all cars produced by Tesla would be equipped with upgraded hardware, which includes a custom chip that’s specifically designed for autonomous driving. With HW3 installed on all its vehicles, even the company’s entry-level vehicle – the $35,000 base Model 3 – would have the […]
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Tesla shares (NASDAQ:TSLA) are up after the opening bell on Tuesday, as news emerged that US District Judge Alison Nathan had approved Elon Musk and the Securities and Exchange Commission’s settlement for a lawsuit that resulted from the CEO’s haphazard “funding secured” tweet last August. The US District Judge’s approval comes less than a week […]
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RON BARON’S TESLA FORECAST THROUGH THE LENS OF GALILEO Ron Baron is a legend in the investing world – his eponymous fund group has about $30 billion under management. Baron recently gave a meaty interview about Tesla to CNBC. There’s a lot of interesting material here, beyond Baron’s headline prediction that Tesla could earn a […]
One of Tesla’s most ardent bulls who adopted a more skeptical stance on the company earlier this year has seemingly been won over after a test drive in the Model 3 Performance. In a recent note, Morgan Stanley analyst Adam Jonas wrote that the Model 3 Performance is impressive, being a vehicle that signifies a […]
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