Tesla’s China website overwhelmed after pre-orders opened for locally-made Model 3

Earlier today, Tesla China revealed the price of the Model 3 Standard Range Plus variant that will be produced in Gigafactory 3. Starting at RMB 328,000 (~$47,400), the locally-made vehicle is RMB 49,000 (~$7,000) cheaper than the US-made Model 3 SR+’s price, which was listed at RMB 377,000 (~$54,500). The savings for the locally-made vehicle […]

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Read Elon Musk’s email to Tesla employees about accelerating Q2 deliveries

A recently leaked email from Tesla CEO Elon Musk has revealed that the electric car maker is seeing strong demand for its vehicles, though it would have to catch up to deliveries if it were to be definitively successful this quarter. Musk further noted that he would be holding regular calls with delivery teams from […]

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Tesla refitting Fremont factory for Model Y, Model S refresh production: report

Tesla is reportedly refitting parts of its Fremont factory in CA to make way for the upcoming production of the Model Y and a Model S refresh, which will feature an updated interior that is similar to that of the Model 3. The updates were related by a number of current and former Tesla employees, […]

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Tesla refitting Fremont factory for Model Y, Model S refresh production: report

Tesla is reportedly refitting parts of its Fremont factory in CA to make way for the upcoming production of the Model Y and a Model S refresh, which will feature an updated interior that is similar to that of the Model 3. The updates were related by a number of current and former Tesla employees, […]

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Tesla Gigafactory 3’s completion will be an inconvenient truth for TSLA skeptics

A recent drone flyover of Tesla’s Gigafactory 3 in China reveals that the factory shell of the upcoming electric car general assembly building is all but complete. Seemingly in relation to this milestone, Tesla has also started teasing the vehicle that will be produced in the expansive facility: the Standard Model 3, which will be […]

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Tesla (TSLA) shares currently ‘oversold,’ says Oppenheimer amid $437 price target

Tesla shares (NASDAQ:TSLA) received a vote of confidence on Tuesday, as Oppenheimer analyst Colin Rusch gave an optimistic $437 price target for the electric car maker. The analyst also reiterated his “Outperform” rating for TSLA stock. Rusch noted that while Tesla shares have plummeted on concerns such as the ongoing US-China trade war and the […]

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Concerns about Tesla’s (TSLA) alleged ‘demand problem’ are likely overblown

The past few months have not been kind to Tesla stock (NASDAQ:TSLA). Following the company’s lower-than-expected production and delivery figures from the first quarter, the negative narrative surrounding Tesla has gone on overdrive. At the forefront of this is a thesis that the electric car maker’s critics have been pushing: Tesla has a demand problem. […]

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Tesla on track to beat Q4 2018’s record deliveries, claims leaked Elon Musk email

An email reportedly sent by Elon Musk to Tesla employees has started making the rounds online. Initially shared on a Chinese social media forum, the alleged Elon Musk email hinted at what could very well be a record-breaking quarter for Tesla, with the electric car maker potentially exceeding its impressive figures in Q4 2018, a […]

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Tesla’s (TSLA) steep drop is driven by short-seller activity, says Bank of America

Tesla stock (NASDAQ:TSLA) has taken a steep dive recently, with the company’s shares down nearly 40% in the last six months and down 26% since April 1. With TSLA stock dropping to the $200 range, several analysts from Wall St have become particularly skeptical of the electric car maker, including Wedbush Securities’ Dan Ives and […]

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Tesla’s $10 ‘bear case’ from Morgan Stanley highlights the noise surrounding TSLA

Tesla stock (NASDAQ:TSLA) looked alarming right before the markets opened on Tuesday amidst news that Morgan Stanley analyst Adam Jonas had lowered the electric car maker’s “bear case outcome” to just $10 per share, a steep drop from his initial worst-case scenario estimate of $97 per share. The analyst’s findings dealt a blow to Tesla […]

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