🏆 Tesla’s Fremont Factory has achieved the production of its 1 millionth Model Y vehicle, marking a significant milestone. 🚗 The Model Y is Tesla’s best-selling vehicle, recently becoming the world’s best-selling car by volume. 🏭 The Fremont Factory wasn’t originally designed for Tesla’s modern EVs, requiring innovative strategies like temporary structures to accommodate production.…
🚛 The Tesla Semi has extremely high demand due to its low operating costs compared to diesel trucks. 🌍 Tesla Semi contributes to cleaner air as it emits significantly less pollution than traditional semi-trucks. 📈 Tesla Semi production is expected to increase, with a focus on ramping up by the end of 2025. 🔊 The…
📍 Tesla has expanded its presence in NYC by leasing a 150,000-square-foot lot in Queens. 🏢 This lot is located at 30-02 Whitestone Expressway, previously a shopping center with declining tenancy. 🔌 The deal follows Tesla’s $18 million investment to enhance its Supercharging infrastructure in NYC. 📄 Tesla’s Supercharger Operations in Palo Alto filed documents…
🚀 ARK Invest, led by Cathie Wood, is a significant Tesla bull, selling over 85,000 shares to avoid overconcentration in its ETFs. 📉 The sales were not profit-driven but a strategic move to prevent the ETFs from being dominated by Tesla shares. 💸 ARK sold 77,513 shares in its ARKK ETF and 7,943 shares in…
🚗 Tesla is extending the Full Self-Driving (Supervised) free trial for an additional 30 days for many of its owners. 📅 This extension comes shortly after Tesla’s Q3 2024 earnings call, suggesting a strategic push for FSD. 🌐 Reports of the extended trial emerged from multiple Tesla owners on the social media platform X. 🏁…
🚀 Tesla’s Megafactory in Shanghai is on track to start shipments by Q1 2025. 🏗️ Construction on the Shanghai Megafactory began on May 23, 2024, and is already 60% complete. 🌍 The Megafactory is situated in the Lingang area, near Giga Shanghai, covering 49.4 acres. 📈 The factory aims to produce 10,000 Megapack batteries annually,…
🌍 Over 750,000 Tesla Powerwalls have been installed globally. 🔋 100,000 Powerwalls are now participating in Virtual Power Plants (VPPs). 📈 Tesla Energy reported a record 30.5% gross margin in Q3 2024. 🏠 VPPs provide financial benefits to Powerwall owners by saving on utility bills and avoiding outages. 🌡️ Tesla’s VPPs delivered over 125 MW…
📈 Tesla’s Q3 report highlights a strong non-GAAP gross margin of 19.8%. 🚗 Automotive gross margin rebounded to 17.05%, exceeding analysts’ expectations. 🔔 Analysts are optimistic about future production and delivery rates in 2025. 🌍 Improvement in costs and macroeconomic factors, like demand in China, boosted performance. 📉 The previous pressure on Tesla’s margins due…
🚀 Tesla’s stock surged over 20% after a strong earnings report highlighting impressive margins and future guidance. 📉 Cost of Goods Sold per Vehicle decreased to the lowest in Tesla’s history, improving margins significantly. 📈 Tesla’s gross margin and operating margin rose to 19.8% and 10.8%, respectively. 📅 Investors are optimistic about 2025, with projected…
🚗 The Tesla Roadster has faced numerous delays with no clear production timeline in sight. ⏳ Tesla prioritizes other projects over the Roadster, contributing to its continuous postponement. 🗣️ Despite deposit holders’ frustration, Tesla has not committed to a definitive release date. 🚀 Elon Musk teases hover capabilities for the Roadster, though it remains unfinalized…