Tesla’s corporate family rating has been upgraded two levels from Ba3 to Ba1 by Moody’s Investors Services, citing a positive outlook that the automaker will maintain its position as the leading manufacturer of EVs. The rating Ba1 reflects Moody’s view that Tesla’s reputation as the leader of the EV industry will continue and perhaps expand…
All four Tesla Semi Megachargers are fully installed at Tesla’s Gigafactory in Nevada. Sawyer Merritt shared photos of the completed installation on Twitter and noted that the Megachargers will be able to charge at the rate of 1.5MW. He also added that around 210 Megapacks, worth around $291 million, were spotted. The photos, Sawyer added,…
Tesla pushed back against JPMorgan Chase & Co.’s lawsuit that claimed CEO Elon Musk’s famous “funding secured” tweet caused volatility and losses by filing a countersuit today. JPMorgan filed the lawsuit in mid-November. In the November lawsuit, JPMorgan Chase alleged Tesla of breaching a contract in regards to the repricing of warrants. After Musk Tweeted…
New data from Bloomberg states that Tesla’s Fremont Factory in Northern California was the most-productive automotive plant in the U.S., outpacing 70 other plants in the country. Last year, Tesla’s Fremont Factory averaged a weekly production pace of 8,550 vehicles. That’s about 1,221 cars per day, 51 cars per hour, or about .85 cars per minute. However…
Tesla is reportedly planning for a coordinated and structured launch of its vehicle product line in Turkey this year, according to reports from various Turkish media outlets. After visiting Turkey in 2017, CEO Elon Musk met with President Recep Tayyip Erdoğan. The meeting was productive and was filled with prospective business deals that would bring…
Tesla’s (NASDAQ: TSLA) retail and institutional investors are aggregating a number of inquiries that will potentially be addressed by the electric car maker’s executives in the upcoming Q4 2020 earnings call, which will be held on Wednesday, January 26, 2022. The questions are aggregated from verified TSLA shareholders by Say, a startup that aims to…
Panasonic will invest as much as $705 million on new production facilities in Japan as it plans to build Tesla’s new 4680 battery cell as early as 2023, new reports said. Tesla unveiled the 4680 battery cell at its Battery Day event in September 2020. The new chemistry had five times the energy, sixteen percent more range,…
Recent footage taken of Gigafactory Texas has revealed that Tesla has brought over its all-electric pickup truck to its new headquarters. The arrival of the Cybertruck at the Giga Texas site comes just as new images of the vehicle’s alpha prototype were shared online. The Cybertruck’s delivery could be seen in a video of the…
A couple of recently shared images of what appears to be Tesla’s updated Cybertruck alpha prototype has provided what could very well be the clearest look yet at the upcoming vehicle. Thanks to the photos’ clear nature, one could see that the vehicle’s door handles do appear to have been removed, and its large windshield…
The Tesla Model X Plaid may not usually receive as much attention as its sibling, the Model S Plaid, but the six-seat all-electric SUV is nothing to scoff at. With 1,020 horsepower and three electric motors, Tesla claims that the vehicle could go from 0-60 mph in just 2.5 seconds. That’s enough to give some…