$TSLA – Page 94 – Sidevalve EV News

Tesla battery partner Panasonic debunks rumors about alleged Gigafactory 1 conflicts

May 14, 2019 Simon Alvarez Syndicated Comments Off

Panasonic Corporation President Kazuhiro Tsuga effectively debunked speculations alleging that the Japanese company’s relationship with American electric car maker Tesla is on the rocks. During a recent Q&A session, Tsuga explained the dynamic between Tesla and Panasonic, as well as his insights about the idea of the electric car maker utilizing another battery supplier for […]

The post Tesla battery partner Panasonic debunks rumors about alleged Gigafactory 1 conflicts appeared first on TESLARATI.

Tesla battery partner Panasonic sees higher Giga 1 yields, potential upside in Model S/X demand

May 10, 2019 Simon Alvarez Syndicated Comments Off

Panasonic President Kazuhiro Tsuga recently discussed some details about the Japanese corporation’s existing operations with American electric car maker Tesla. According to the executive, Panasonic expects to see higher yields from Gigafactory 1 operations get optimized, and there could be a potential upside in Model S and X demand as Tesla takes actions to make […]

The post Tesla battery partner Panasonic sees higher Giga 1 yields, potential upside in Model S/X demand appeared first on TESLARATI.

Elon Musk’s Tesla insurance plans could ultimately prove Warren Buffett wrong

May 8, 2019 Simon Alvarez Syndicated Comments Off

During Tesla’s first-quarter earnings call, Elon Musk mentioned that the electric car maker is coming up with an insurance service for its vehicles. Musk noted that Tesla’s insurance plan would be unique in a way that it will leverage customer data collected from its fleet of vehicles. This will, according to the CEO, create a […]

The post Elon Musk’s Tesla insurance plans could ultimately prove Warren Buffett wrong appeared first on TESLARATI.

Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition

May 8, 2019 Simon Alvarez Syndicated Comments Off

Tesla (NASDAQ:TSLA) announced on Wednesday that it had closed its $2.7 billion offering of stock and convertible notes. The electric car maker also noted that it had oversubscribed its funding round, giving the company ample cash as it ramps up Model 3 production and prepares for other high-profile projects like the rollout of the Model […]

The post Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition appeared first on TESLARATI.

Elon Musk confirms $25 million TSLA purchase, boosts Tesla stake to nearly 20%

May 7, 2019 Simon Alvarez Syndicated Comments Off

In a regulatory filing late Monday, Tesla CEO Elon Musk confirmed that he had purchased a total of $25 million worth of TSLA stock in a public offering. Musk’s purchase was teased last week after Tesla announced that it was raising capital, which was followed by reports stating that the CEO was showing “preliminary interest” […]

The post Elon Musk confirms $25 million TSLA purchase, boosts Tesla stake to nearly 20% appeared first on TESLARATI.

Tesla spends $0 on ads, still tops automakers in organic engagement: report

May 6, 2019 Simon Alvarez Syndicated Comments Off

A recent report from competitive intelligence analysis firm BrandTotal recently determined that Tesla has the strongest organic engagement in social media among automakers. The electric car maker was able to accomplish this despite spending $0 in paid advertising campaigns on platforms such as Facebook, Twitter, YouTube, and Instagram. For its report, the competitive intelligence firm […]

The post Tesla spends $0 on ads, still tops automakers in organic engagement: report appeared first on TESLARATI.

Warren Buffet acknowledges Tesla’s online sales, warns Elon Musk about car insurance

May 6, 2019 Simon Alvarez Syndicated Comments Off

During the 2019 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, finance titan Warren Buffet expressed his thoughts about Tesla’s online sales strategy and Elon Musk’s plans to start an auto insurance service for its electric cars. While Buffet admitted that the practice of selling cars online has merit, he noted that such a strategy […]

The post Warren Buffet acknowledges Tesla’s online sales, warns Elon Musk about car insurance appeared first on TESLARATI.

Tesla (TSLA) rises as capital raise gets boost from Elon Musk, support from Moody’s

May 3, 2019 Simon Alvarez Syndicated Comments Off

Tesla stock (NASDAQ:TSLA) continued its momentum on Friday amidst news that the electric car maker’s capital raise could reach up to $2.7 billion, higher than the initial $2 billion announced on Thursday. Together with this update was an announcement that Elon Musk will be buying more TSLA stock than initially expected, as well as a […]

The post Tesla (TSLA) rises as capital raise gets boost from Elon Musk, support from Moody’s appeared first on TESLARATI.

Tesla (TSLA) files for capital raise, Elon Musk to acquire $10 million in shares

May 2, 2019 Simon Alvarez Syndicated Comments Off

Tesla (NASDAQ:TSLA) filed for an offering of common stock and convertible notes on Thursday. In a filing, the company indicated that it would raise up to $2 billion, with $650 million estimated to come in the form of new equity and the other $1.35 billion in convertible notes. TSLA shares initially fell in pre-market trading […]

The post Tesla (TSLA) files for capital raise, Elon Musk to acquire $10 million in shares appeared first on TESLARATI.

Tesla’s median employee pay vs. the median American in 2018 is surprising

May 2, 2019 Simon Alvarez Syndicated Comments Off

A recent proxy statement from Tesla has revealed that in 2018, a median employee of the electric car maker made $56,163, including salary or wages, performance bonuses, and stock awards. This figure is true for full-time, part-time, and temporary employees, excluding Elon Musk. According to data from the Federal Bank of St. Louis, the median […]

The post Tesla’s median employee pay vs. the median American in 2018 is surprising appeared first on TESLARATI.