One of the reasons why the narrative of the “Tesla Killer” has effectively died is due to the pervading lead that Tesla holds over the competition in terms of range. Amidst the long-predicted entrance of competing vehicles from established automakers including Audi, Jaguar, and Porsche, Tesla’s vehicles have proven to be vastly superior in range, […]
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Tesla stock (NASDAQ:TSLA) might have generally calmed down from the volatility it displayed in recent months, but the electric car maker’s shares may still be undervalued. This is despite Tesla maintaining a lead in the electric car race amidst the introduction of competitors from established automakers such as Audi and Porsche. JMP analyst Joseph Osha, […]
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To state that Tesla (NASDAQ:TSLA) is a polarizing company would be an understatement. Tesla commands a strong following, comprised of avid supporters and passionate critics alike. This was particularly evident in the Model 3, a car that was declared a “lemon” by critics at one point, and a car that has become one of the […]
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Tesla stock (NASDAQ:TSLA) soared 4% on Friday as reports emerged that China will be exempting the company’s electric cars from purchase taxes. The update was shared by China’s Ministry of Industry and Information Technology through a statement on its official website on Friday. China’s announcement comes just as Tesla’s intended price increase for its vehicles […]
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Recent images from China revealed that Tesla CEO Elon Musk had a busy day following his appearance at the opening segments of the 2019 World Artificial Intelligence Conference in Shanghai. Following his free-wheeling AI debate with Alibaba founder Jack Ma, Musk visited the Gigafactory 3 site in the Lingang industrial area, before meeting with Shanghai […]
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Tesla’s (NASDAQ:TSLA) Model 3 push in Europe appears to be working in the company’s favor. In a note published on Thursday, Wedbush Securities analyst Dan Ives noted that a “steady demand” for the Model 3 in Europe will likely help Tesla handle any weakness that the company might face in other territories such as China. […]
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The results of the Q2 2019 Kelley Blue Book Brand Watch have revealed that the United States’ luxury vehicle segment is being dominated by Tesla, particularly its most disruptive vehicle to date, the Model 3 midsize sedan. As per the results of KBB’s recent report, the Tesla Model 3 was the most-considered luxury model in […]
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The average selling price of electric vehicles in the United States is getting lower, according to data analyzed by auto research firm Cox Automotive. In a recent study, the firm noted that average EV prices in the US currently stand at $55,600, notably lower than last year’s average price of $64,300. That’s a 13.4% decline […]
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Tesla is reportedly tapping South Korean battery maker LG Chem as one of its suppliers for Gigafactory 3, which will produce affordable versions of the Model 3 sedan and the Model Y crossover for the local Chinese market. The update was recently related to Bloomberg by individuals familiar with the proceedings. According to the news […]
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In a note to clients on Wednesday, Bernstein senior technology analyst Toni Sacconaghi concluded that increased competition from vehicles such as the Audi e-tron and the Jaguar I-PACE is responsible for the recent weakness in Tesla’s sales volume in Europe. The analyst further warned that the arrival of other premium electric vehicles like the Mercedes-Benz […]
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