King Charles III’s Crown Estate said that it had begun court proceedings against Twitter over alleged unpaid rent on its London headquarters, Reuters reported. The Crown Estate, an independent commercial business that manages the monarchy’s property portfolio, said its action is related to “rental arrears” on Twitter’s office space in London. Although the estate hasn’t shared how…
Tesla’s $3.6 billion Semi truck plant has received a nod of approval from the White House. Last night during Nevada Governor Joe Lombardo’s State of the State speech, he announced Tesla was planning to build a massive facility in Northern Nevada that would be responsible for manufacturing the Tesla Semi. “Case in point…I am looking forward to…
Tesla’s (NASDAQ: TSLA) fourth-quarter earnings call is being described as “one of the most important” for CEO Elon Musk and Co. by an analyst. Wedbush’s Dan Ives describes tomorrow’s earnings as crucial, especially based on Musk’s potential comments regarding 2023 delivery targets, automotive gross margins, and overall outlook for the company moving forward. https://twitter.com/DivesTech/status/1617887448067104768?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1617887448067104768%7Ctwgr%5E67d5c4c67e7da832fcc483f483d6f1fea8015df2%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.teslarati.com%2Ftesla-tsla-q4-2023-earnings-elon-musk-dan-ives-wedbush%2F TESLA’S…
Longtime Tesla (NASDAQ:TSLA) bull Gene Munster of Deepwater Asset Management (formerly Loup Ventures) is bullish on the electric vehicle maker, but he recently warned investors that TSLA shares could see a dip following the company’s Q4 and FY 2022 earnings call on Wednesday. Tesla shares have seen some recovery as of late, with the EV…
Being Tesla’s largest shareholder, Elon Musk saw his net worth get battered and bruised last year as TSLA shares lost 65% of their value. So notable was the drop in Musk’s net worth that the Guinness World Records actually noted that the Tesla CEO had set the record for the largest loss of personal fortune in…
Nevada Governor Joe Lombardo discussed something notably interesting during his first State of the State address. While he discussed topics such as potential cuts to gas and payroll taxes and boosting public school spending, he also referenced Tesla’s reported plans for a $3.5 billion facility in Northern Nevada, which would be used for the production…
Less than two weeks since rolling out a series of aggressive price cuts for its entire S3XY lineup, Tesla initiated a minor $500 price increase for the Model Y Dual Motor AWD. With its recent price adjustment, the Model Y Dual Motor AWD now starts at $53,490. Even with the $500 addition to its starting price,…
Nissan Motor Co. CEO Makoto Uchida acknowledged that the market for electric vehicles is growing faster than anticipated in the United States. He also noted that Nissan will invest $250 million in its powertrain facility in Decherd, Tennessee. The facility will support the electrification of the company’s American lineup. Uchida did not provide a timeline…
SpaceX’s fully-assembled Starship rocket appears to have sailed through a major wet dress rehearsal test on the first attempt. With the completion of that test, the next-generation SpaceX rocket has taken a big step toward its first orbital launch attempt. Starship measures around 120 meters (~394 ft) tall and 9 meters (~30 ft) wide, making…
Elon Musk said today during a trial to find if he defrauded Tesla investors with his “funding secured” Tweets in 2018 that the price of $420 per share was not meant to be funny. Musk has become somewhat well-known for his sense of humor, and Tesla fans all over have adopted his style of comedic…