News

A man in the State of Maryland is being charged with wire fraud after obtaining multiple COVID-19 relief loans. The man successfully received a $1.5 million payment from the Paycheck Protection Program and subsequently had $2.2 million and a Tesla Model 3 seized by various Law Enforcement agencies. 45-year-old Rudolph Brooks, Jr. of Cheltenham, Maryland, in the…

One of Tesla’s greatest qualities is that it never stands still. Tesla continues to develop its operations even though everything is already working and the company has a significant lead over its rivals. This was evident in the company’s ongoing Supercharger buildout, which recently received a smart upgrade. The electric vehicle company has taken note…

Back in 2017, convenience store chain Kum & Go said the Tesla Model 3’s stellar pre-order numbers drove its initiative to build EV charging stations at several key outlets. The program has since grown. Recent reports indicate that the Kum & Go site in Joplin’s 5002 S. Main St, located close to an exit to…

In a recent TSLA note, Morgan Stanley (MS) recognized Tesla’s disproportionate advantage over legacy automakers as EV adoption accelerates. In the note Morgan Stanley questioned whether or not President Biden’s proposed $174 billion EV infrastructure bill would exacerbate Tesla’s ‘disproportionate advantage’ in the EV market. Morgan Stanley believes that Biden’s bill would disproportionately benefit Tesla and startups…

Tesla’s (NASDAQ: TSLA) stock price soared during Monday trading following the report of impressive Q1 2021 delivery and production numbers last Friday. Bullish analyst Dan Ives of Wedbush, who boosted his outlook on Tesla stock to “Outperform” from a “Hold” rating following the Q1 figures, believes that the stock could cross the $1,300 mark in the coming…

A Tesla Supercharger with 100 stalls has been confirmed for Harris Ranch, CA, one of the company’s most historic charging locations. With over 100 stalls on the site, the Harris Ranch Supercharger is on track to become the world’s largest Tesla charging station to date.  The Harris Ranch Supercharger has been around for some time.…

Despite setting new records and proving skeptics wrong in the first quarter, Tesla seems to be determined to hit the ground running for the second quarter. This was hinted at recently in videos of the Fremont Factory, which remains full of vehicles being gathered and shipped for deliveries.  A few days ago, drone operator and…

Reported Tesla supplier Saueressig Engineering plans to establish a facility in San Antonio’s East Side—about 80 miles away from Gigafactory Texas. Saueressig is a division of Matthews International Corp. and may be linked to Tesla’s 4680 battery cell initiatives. On April 1st, the San Antonio City Council approved an economic incentive package that gave Saueressig a 75%…

Tesla experienced a 109% growth this first quarter after delivering nearly 185,000 vehicles, beating Wall Street consensus estimates. With these results, Loup Ventures believes the company is now entering the slope of its growth S-Curve, signaled by Tesla’s acceleration in growth. Loup Ventures noted that Tesla’s delivery growth has gone from 23% in December 2019 to 109%…