Elon Musk may seem distracted with Twitter for now, and Tesla stock may have taken a beating this year, but legendary investor George Soros seems largely unaffected. Based on a regulatory filing, Soros has taken advantage of Tesla’s drop this year and loaded up on shares of the electric vehicle maker, tripling his stake in the past…
Tesla owners in Germany have reported a welcome change in their Supercharging rates. As per local reports, the charging rates for Tesla’s Supercharger network in Germany have seen a notable reduction, effectively making the system more competitive than before. Over the past year, the prices of both Tesla’s electric cars and Supercharger rates have seen a steady…
Elon Musk confirmed that Sam Bankman-Fried (SBF) has no private shares in Twitter’s stock. On Wednesday morning, he denied a report that SBF owned a $100 million stake. Although he denied the reports early Wednesday morning, he provided additional details later in the day. When NBC’s David Ingram asked if SBF or his company, FTX owned Twitter shares, Elon…
Tesla stock (NASDAQ: TSLA) popped over six percent on Wednesday after several positive signals elevated the electric automaker’s stock price. After Tesla stock has taken a monumental beating over the past few months, is this the end of the slide? Tesla shares were trading at around $180 per share at the time of publishing on…
The second edition of the Tesla Roadster was initially slated for production and delivery in 2020, but two years later, the car still has not been produced, and details are still slim. Here’s what we know about the next-gen Tesla Roadster. Tesla CEO Elon Musk unveiled the next-gen Tesla Roadster in 2017 during the reveal…
Tesla celebrated its 10,000th vehicle delivery in Israel last week, the company announced on LinkedIn. After launching sales in early 2021, Tesla’s presence in Israel has grown steadily. The company earned an import license in January of last year, which initiated sales in the country. Shortly after, Tesla launched the Model 3 in Israel, which has sparred…
As it turns out, all Tesla stock (NASDAQ:TSLA) needed was an Elon Musk-caused Twitter overhang for the company’s bulls and bears to agree. After shedding over $700 billion in market value since hitting all-time highs in early November last year, both bullish and bearish analysts recently suggested that the electric vehicle maker is poised for…
Tesla CEO Elon Musk is still the world’s wealthiest person by net worth. However, a look at Musk’s fortune shows that the CEO has lost about $100 billion from his net worth since the year started. Musk’s net worth is heavily tied to his work at Tesla and SpaceX, the two largest companies that he…
Electric vehicle maker Rivian Automotive Inc. has found itself in hot water after at least a dozen employees at its Normal, Illinois plant accused the company of safety violations. The complaints, which were filed with federal regulators, were also filed in conjunction with the United Auto Workers (UAW), which has been trying to unionize the facility…
Tesla CEO Elon Musk posted a strong denial of a recent report which claimed that disgraced FTX CEO Sam Bankman-Fried owns a $100 million stake in Twitter. Musk has been pretty open about his disdain for mainstream media’s coverage of FTX’s collapse. During his court appearance last week, Musk noted that organizations such as the…