By Joey Klender Posted on March 4, 2021 Tesla (NASDAQ: TSLA) bull Ron Baron and his investment firm Baron Capital have been some of the biggest supporters of Elon Musk’s electric car company. Baron Capital, however, has sold 1.8 million TSLA shares over the past six months, Ron Baron said, due to portfolio concentration. The
Tesla
By Joey Klender Posted on March 3, 2021 Tesla is the “king of the hill” in the electric vehicle sector, former company board member Steve Westly said on CNBC’s Power Lunch yesterday. However, Westly, who joined Tesla in 2007 and left several years later, doesn’t believe the automaker will remain at the helm of the EV
By Joey Klender Posted on March 2, 2021 Tesla is planning to launch the world’s largest V3 Supercharging station in Santa Monica, California. Documents from Santa Monica’s Planning Commission reveal a 62 stall Supercharging station, comprised completely of Tesla’s super-fast V3 chargers and an owner lounge, is planned for the area of 1401 and 1421-1425
By Simon Alvarez Posted on March 1, 2021 A recent tour of Gigafactory Shanghai has shed some light on Tesla’s intense focus on quality control and its utilization of tech to ensure that vehicles produced in the facility would be easy to service. The observations were shared recently by China-based mainstream news outlets Liberation Daily and Shangguan News,
By Simon Alvarez Posted on February 28, 2021 Elon Musk’s companies have a pretty strong tendency to attract their own fair share of critics, including those in notable positions in their respective industries. This was the case with Tesla and its electric vehicles, and the same was true with SpaceX and its reusable orbital-class rockets.
By Joey Klender Posted on February 27, 2021 Nikola Motor held its Q4 2020 Earnings Report on Thursday, where it openly admitted that Founder and former CEO Trevor Milton lied on nine separate occasions. The company admitted this in a 10-K filing with the Securities and Exchange Commission or SEC. In September 2020, Hindenburg Research
By Joey Klender Posted on February 26, 2021 Tesla CEO Elon Musk asked Nickel suppliers to mine more of the metal for the company’s electric vehicle batteries, but his call went unanswered. Now, the company is shifting its Standard Range cars to LFP, or lithium iron phosphate batteries, citing supply concerns as the real bottleneck
By Joey Klender Posted on February 25, 2021 Tesla has halted its Model 3 production line at its California production plant, known more commonly as the Fremont factory, from February 22nd to March 7th, a report indicates. Someone familiar with the matter indicated that Model 3 lines would be shut down for approximately two weeks,
By Simon Alvarez Posted on February 24, 2021 It appears that Tesla has started making some preparations that would make it easier for drivers to access multiple vehicles. This was hinted at by recent observations from noted Tesla owner-hacker @greentheonly, who discovered that the EV maker is looking to move user profile items to the
By Joey Klender Posted on February 23, 2021 Tesla (NASDAQ: TSLA) is one of several tech stocks sliding after a boost in Treasury yields and increases in commodity prices over the past several days. After experiencing a $40 drop in stock price yesterday, Tesla continued a slide on Wall Street during pre-market and early hours
By Simon Alvarez Posted on February 22, 2021 Starlink may already be providing rapid web access to several remote areas today, but the satellite internet service is poised to get even better this year. As per recent comments on Twitter from SpaceX CEO Elon Musk, Starlink’s speeds should double to about ~300 Mbps later this
By Simon Alvarez Posted on February 20, 2021 Back in 2018, Tesla was in a very different place. The company was struggling to release the Model 3, and it was behind on Elon Musk’s aggressive self-imposed vehicle production targets. The Fremont Factory’s assembly lines were not producing enough Model 3s, and it seemed like the
By Joey Klender Posted on February 20, 2021 It’s no secret Tesla’s Plaid Model S is perhaps the most exciting product release in the automaker’s short and storied history. A revision of the company’s first passenger sedan, the Plaid Model S sports a completely redesigned interior and a body design similar to that of its
By Maria Merano Posted on February 19, 2021 Tesla bull Cathie Wood added 130,000 TSLA shares to three of ARK Invest’s ETFs recently. The ARK Innovation ETF bought 89,447 TSLA shares, while the ARK Next Generation Internet ETF added 29,508 Tesla stocks, and the ARK Autonomous Technology and Robotics ETF added 13,173 shares. Founder, CEO,
By Simon Alvarez Posted on February 18, 2021 Elon Musk and Bill Gates may not always see eye to eye when it comes to projects and initiatives like the Tesla Semi, but the Microsoft co-founder recently gave a notable nod to his fellow billionaire. In a segment with CNBC‘s Squawk Box, the tech titan admitted that
By Simon Alvarez Posted on February 17, 2021 SpaceX has completed another massive equity funding round of $850 million last week, effectively bringing the company’s valuation to about $74 billion. The update was related by a number of individuals reportedly familiar with the financing. Elon Musk’s private space enterprise raised new funds at a rather
By Simon Alvarez Posted on February 16, 2021 Tesla may not have provided a specific number for its 2021 vehicle delivery guidance, but it appears that the electric car maker is, at least internally, aiming for new records this year. Back in the Q4 FY 2020 earnings call, Elon Musk remarked that Tesla would likely
By Simon Alvarez Posted on February 15, 2021 Amid increasing reports surrounding the impending release of Tesla China’s $25K compact car, drone flyovers of the Gigafactory Shanghai complex have revealed that the electric car maker is now building what appears to be a new stamping area. The site located near the Phase 1 building, where
By Simon Alvarez Posted on February 14, 2021 It appears that Elon Musk’s Starlink satellite constellation is not just aiming to provide high-speed internet service. Based on recent filings to the Federal Communications Commission (FCC), Starlink also plans to introduce a suite of related products to its portfolio, from a dedicated phone service, emergency backup
By Joey Klender Posted on February 13, 2021 Tesla is starting to offer the option to purchase its all-electric Model 3 and Model Y vehicles at the conclusion of a leasing period in some markets in Europe and Asia. For some time, Tesla has not allowed owners to purchase their cars at the end of
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