Tesla

By Joey Klender Posted on March 30, 2022 Among the major automotive manufacturers, Tesla is the only one to realize a year-over-year growth in vehicle deliveries from March 2021 to February 2022, seeing a near doubling in sales. Other companies struggled to maintain level sales this year compared to last, with the only company seeing

By Joey Klender Posted on March 30, 2022 Tesla’s valuation (NASDAQ: TSLA) should not be benchmarked against traditional automakers, as it could be “misleading,” top analyst Gene Munster said. “Using traditional auto as a benchmark for how to value Tesla is misleading,” Munster, an analyst for Loup Ventures, said on CNBC. “Not misleading in the

By Maria Merano Posted on March 30, 2022 On Wednesday morning, March 30, a Tesla Model 3 driver accidentally hit the accelerator and landed on top of a Falck ambulance in San Diego’s Kearny Mesa neighborhood. Three people were injured in the incident, including the driver.  The San Diego Fire Department (SDFD) tweeted the events

By Maria Merano Posted on March 30, 2022 Recently, Tesla super bull Cathie Wood from Ark Invest offloaded $205 million TSLA shares. The move comes before Tesla shareholders are expected to vote on a potential stock split.  Ark is transparent with its daily transactions. Recent reports revealed that Ark sold 52,335 TSLA shares last Wednesday,

By Maria Merano Posted on March 31, 2022 More than a week after its first delivery event, Tesla Giga Berlin has already transported Model Y vehicles out of the facility’s grounds for deliveries across Europe.  Drone operator Tobias Lindh recently flew over Tesla Giga Berlin and spotted Model Ys in the midst of being transported

By Joey Klender Posted on March 24, 2022 Hertz Global Holdings confirmed to Teslarati today that its order for 100,000 Tesla vehicles in late 2021 included Model Y builds, not just Model 3s, as reported initially. Hertz also stated the Model Ys would be available in select regions in late April. In October 2021, Hertz placed

By Joey Klender Posted on March 24, 2022 The Tesla Model Y has been added to Hertz’s fleet of rentable electric vehicles, joining its sibling vehicle, the Model 3. Last year, Hertz ordered 100,000 Model 3 vehicles from Tesla in a deal that still has yet to be completely fulfilled, but it has not stopped

By Maria Merano Posted on March 23, 2022 US House Speaker Nancy Pelosi seems to have confidence in Texas-based electric car maker Tesla (NASDAQ:TSLA) as she recently exercised stock options to buy $2 million shares of the company.  A regulatory filing revealed Pelosi disclosed her husband’s purchase of more than $2 million in Tesla stock

By Maria Merano Posted on March 21, 2022 Tesla China’s longtime battery supplier Contemporary Amperex Technology Co. Ltd (CATL) is scouting sites across North America for its $5 billion cell plant.  CATL is considering sites in North America, Canada, and Mexico for a battery factory capable of producing up to 80 GWh per year. The

By Maria Merano Posted on March 20, 2022 Equities research analysts expect Tesla to report sales of $16.44 billion for the current fiscal quarter. In the same quarter last year, Tesla reported sales of $10.39 billion, indicating a year-over-year growth rate of 58.2%. As per Zacks — an investment research company — analysts expect Tesla to report

By Joey Klender Posted on March 18, 2022 Tesla was recently named the “most-trusted” brand in the pursuit of fully-autonomous vehicles, according to a new study. The study surveyed consumer perception regarding fully-autonomous vehicle technology. Fifty-six total automotive brands were options for consumers to pick in the study, a release from AutoPacific, who performed the

By Monica Pappas Posted on March 18, 2022 Around noon EST on Thursday, March 17th, the high bay doors of NASA’s vast Vehicle Assembly Building (VAB) opened, revealing the first fully assembled Space Launch System (SLS) rocket and Orion spacecraft. About six hours later, the massive rocket departed the VAB for the first time ever

By Maria Merano Posted on March 17, 2022 The Boring Company (TBC) started negotiations with the Alamo Regional Mobility Authority (RMA) after board members voted to conduct a feasibility study into the project.  The Boring Company was one of two finalists for the San Antonio transportation project. According to the San Antonio Express News, the other

By Maria Merano Posted on March 16, 2022 Tesla Giga Berlin seems ready to open next week despite missing some requirements. Economics Minister Jörg Steinbach (SPD) is confident Tesla will process all its requirements and ancillary conditions soon. “We have no indication that there will be any delay in the processing of these requirements and

By Maria Merano Posted on March 15, 2022 The Boring Company (TBC) is one of the finalists vying for a tunneling project in San Antonio, Texas. The project will run between the San Antonio International Airport and downtown. The Alamo Regional Mobility Authority (Alamo RMA) is expected to make a decision by Wednesday, March 16.

By Maria Merano Posted on March 14, 2022 The United States Labor Secretary, Marty Walsh, paid a visit to Elon Musk, who gave him a tour of Gigafactory Texas. Walsh and Musk’s get-together could be interpreted as the Biden Administration extending an olive branch to Tesla after various public snubs.  Walsh visited Giga Texas on

By Maria Merano Posted on March 13, 2022 Tesla Giga Berlin is preparing for the first Model Y deliveries scheduled for the end of the month. Tesla’s electric vehicle factory in Germany will hold a special Model Y delivery event on March 22 for employees and first customers. Factory Tour and Speeches  Gigafactory Berlin’s Model

By Joey Klender Posted on March 12, 2022 A vacuous link between soaring gas prices and the surging demand for electric vehicles is being targeted as a conspiracy to make American consumers switch to electric vehicles. Social media posts are now suggesting that President Joe Biden is purposefully keeping prices at the pump incredibly high

By Joey Klender Posted on March 11, 2022 The National Highway Traffic Safety Administration said on Thursday that it would no longer require fully autonomous vehicles to equip human control elements in its vehicles to meet crash standards. “Through the 2020s, an important part of USDOT’s safety mission will be to ensure safety standards keep

By Eric Ralph Posted on March 10, 2022 Approximately 11 weeks after the process began, SpaceX has finished stacking its newest Super Heavy booster prototype – the first of its kind intended to host 33 new Raptor V2 engines. Designed to launch Starship’s massive, namesake upper stage part of the way to orbit, Super Heavy

By Joey Klender Posted on March 9, 2022 The Hyundai IONIQ 5 all-electric vehicle has been named the 2022 Hispanic Motor Press Electric Vehicle of the Year. The Hyundai IONIQ 5 was unveiled in late February 2021 and is built upon the company’s Electric-Global Modular Platform, also known as E-GMP. The vehicle combines comfortability, performance,

By Joey Klender Posted on March 9, 2022 Tesla’s domination of the United States electric vehicle sector continues Tesla’s Model Y, Model 3, and Model S claimed the top three spots of January’s U.S. BEV registrations, with its top two models combining for well over 60 percent of the total electric vehicle sales during 2022’s

By Joey Klender Posted on March 7, 2022 LiDAR startup Luminar Technologies, Inc. lured Tesla Vice President of Legal Alan Prescott away from the Austin-based electric vehicle leader with a massive $30 million compensation package. Prescott left Tesla last April after just under four years to join Luminar as the company’s Chief Legal Officer. Prescott

By Joey Klender Posted on March 4, 2022 Today, Honda Motor Co,. Ltd. and Sony Group Corporation announced in a press release they have agreed to form a strategic alliance that aims to develop new electric vehicle technologies and mobility services. In a joint statement released earlier today, Honda and Sony said, “Specifically, the two

By Joey Klender Posted on March 4, 2022 Ford and University of Michigan researchers conducted a new study that evaluated the savings in greenhouse gas emissions in battery-electric pickup trucks relative to gas-powered pickups. It also assessed the reductions in other light-duty vehicles when compared to their gas-powered counterparts. According to the study, sedan, SUV,

By Joey Klender Posted on March 5, 2022 Tesla CEO Elon Musk Tweeted on February 18 that the company’s second “Giga Fest” event would be held at Gigafactory Texas on April 1. In less than four hours, the calendar had flipped to the 19th, at least in my time zone, and Musk pushed the event

By Joey Klender Posted on March 5, 2022 Elon Musk said the United States needs to increase oil and gas output immediately to decrease dependence on Russian supply. Despite the negative effect the move would have on Tesla, Musk says sustainable energy “cannot react instantaneously to make up for Russian oil & gas exports.” Since

By Simon Alvarez Posted on March 6, 2022 It appears that SpaceX is only getting started with its efforts in helping keep Ukraine connected to the internet despite the ongoing Russian invasion. In a recent announcement, Ukraine President Volodymyr Zelensky stated that Elon Musk has pledged to send another batch of Starlink satellite terminals to

By Simon Alvarez Posted on March 6, 2022 Tesla may be hard at work in developing a legitimate full self-driving system, but CEO Elon Musk already seems to be looking at issues that the advent of autonomous driving would likely cause. In a recent comment on Twitter, Musk admitted that self-driving cars would likely make

By Simon Alvarez Posted on February 27, 2022 Earlier this month, a small miracle of sorts happened in California. The California Public Utilities Commission’s (CPUC) proposed new net metering rules (NEM 3.0) hit an indefinite “Pause” button. Through an email, Administrative Law Judge Kelly Hymes notified parties officially involved in its proceedings that the proposed