Porsche and Porsche-powered teams have quickly dominated in the first two races of the Formula E calendar. TAG Heuer Porsche driver, Pascal Wehrlein, took first place in Diriyah, Saudi Arabia, yesterday, following a nail-biting second-place finish in Mexico City two weeks ago. Similarly, Jake Dennis of Avalanche Andretti Autosport traded off first and second position with…
Tesla shareholders are a rare breed, sometimes putting almost everything, and we mean everything, on the line in hopes of striking it big and making major waves in their own portfolios. Jason DeBolt is one of those shareholders. DeBolt, a shareholder since March 26, 2013, sold his home and bought around 10,000 shares. The additional 10,000…
Tesla’s stock has remained a polarizing topic, especially as the company’s stock price dropped immensely throughout the last year. Bears and bulls are trying to put Tesla’s incredible growth and industry disruptions over the past few years into a narrative that fits their viewpoints, but an argument between the two in recent weeks just got a…
Tesla CEO Elon Musk met with Senior Advisor to President Joe Biden, John Podesta and Senior Advisor Mitch Landrieu on Friday in Washington to discuss electric vehicle adoption and progress in the United States. A Senior White House spokesperson said Podesta and Landrieu met with Musk to discuss “shared goals around electrification” and how recently passed…
VIA Motors, a commercial electric truck manufacturer, has been acquired by global EV company Ideanomics. Ideanomics has been on a tear over the past two years, acquiring electric vehicle startups producing motorcycles, tractors, and electric delivery vans, all part of its mission to electrify mobility globally. Now, Ideanomics has acquired VIA Motors, an American commercial electric…
Tesla CEO Elon Musk confirmed during the company’s most recent Earnings Call on Wednesday that the automaker has “other products” being developed. Of course, Musk did not shed any detail on them, but based on what the company might need, and what others have said in the past, we have an idea of what they…
Tesla stock (NASDAQ: TSLA) is up 50 percent less than a month into 2023. The spike in the company’s stock price follows a sharp downturn that occurred in 2022. Last year, Tesla stock fell sharply, losing over 60 percent of its value. Due to widespread unfavorable conditions in the tech and automotive sectors, Tesla felt…
SpaceX has set the stage for a record-breaking Starship booster static fire after the rocket completed a complex fueling test and launch rehearsal earlier this week. On January 25th, a tower the size of a skyscraper activated a pair of giant mechanical arms to disassemble the largest rocket ever built. The arms carefully grabbed Starship using hard points under…
California legislators are advocating for legislation that would introduce a new tax on the state’s wealthiest residents, even if they have already relocated to another area of the country. The bill was introduced by Assemblyman Alex Lee, a progressive Democrat in the California State Legislature. Lee’s bill would impose an additional annual 1.5% tax on individuals with…
A recent statement from a Mexican official has revealed that while Tesla and the northeastern Mexican state of Nuevo Leon are in talks for a potential facility in the area, an agreement about the project is yet to be finalized. Reports about Tesla’s potential facility in Mexico emerged last year after CEO Elon Musk visited the…