Tesla’s biggest bull is arguably Ron Baron, a billionaire investor who runs New York’s Baron Capital and Baron Funds. After a monumental investment in Tesla stock years ago, which resulted in hundreds of millions of dollars in gains, Baron is again putting his trust and money in the hands of CEO Elon Musk’s newest venture:…
Hertz (NASDAQ: HTZ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings report for 2022. Hertz is a clear leader in electrification in the car rental market, and buyers have responded accordingly. Hertz reported record earnings for 2022, despite numerous setbacks in the economy. Moving forward, Hertz…
Tesla Giga Press supplier IDRA, which produces the contraptions that produce the Model Y’s front and rear megacasts, has teased what appears to be its newest creation. Named “Neo,” IDRA’s new flagship is dubbed by the company as a potential driver for the future of vehicle manufacturing. IDRA’s video on Neo was posted on the…
New Energy Vehicle insurance registrations in China rebounded last week as the Chinese New Year holiday ended. And while Tesla China is still focusing on its exports at this point in the quarter, the electric vehicle maker’s domestic sales seem to be chugging along at a rather healthy pace. For the week ending on February…
SpaceX has successfully launched Spanish connectivity provider HISPASAT’s Amazonas Nexus satellite into a geostationary transfer orbit. The mission kicks off a surge of geostationary satellite launches for SpaceX. It was also the company’s 16th Falcon rocket launch in nine weeks, demonstrating an extraordinary cadence just a hair away from CEO Elon Musk’s ambitious 2023 target. https://twitter.com/SpaceX/status/1622779563066503168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1622779563066503168%7Ctwgr%5E0e450d2f0c192a8da4b3931c40c69d30dc8d1138%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.teslarati.com%2Fspacex-16-falcon-rocket-launches-nine-weeks%2F After several…
Turkey is still reeling from the effects of a 7.7-magnitude earthquake that struck in the southeastern Turkish city of Gaziantep. The earthquake claimed many lives, with recent estimates pointing to over 5,000 killed in Turkey and Syria. The World Health Organization (WHO) warned that the death toll from the earthquake could increase eightfold. As the…
Volkswagen has launched a global campaign promoting its ID.4 all-electric crossover. The effort features custom content from the upcoming movie from the Marvel Cinematic Universe, Ant-Man and The Wasp: Quantumania, which is opening in theaters on February 17. As could be seen in a video featuring the upcoming movie and the vehicle, a character that appeared…
Wall Street veteran and Mad Money host Jim Cramer recently revealed that between Ford and Tesla stock, he would rather own the latter today. Cramer shared his thoughts during the February 6 edition of CNBC‘s Squawk on the Street. Back in December, Cramer stated that Ford is a rising force in the electric vehicle sector. At the time, Cramer noted…
Bill Gates and Elon Musk have shared somewhat of a strange relationship that has culminated in an unorthodox version of a rivalry. More recently, Gates was interviewed by the BBC, where he called Musk’s visions of eventually colonizing Mars as very expensive and not a good use of his finances as it could be spent on…
Tesla sales in Germany during January increased by over 900 percent compared to January 2022. Tesla has consistently seen sales grow in Germany since it arrived in the market, and certainly at a respectable pace, but the first month of this year has proved the brand still has a lot of growing room. Compared to January…