Key Points 🚗 Tesla is reducing prices on inventory Model 3 units in the U.S. 💲 The price drops are likely in preparation for the launch of a refreshed Model 3. 🌎 These price reductions are observed in various U.S. markets. 🇺🇸 The current generation of rear-wheel-drive Model 3 units can be found for as…
Key Points 📉 Tesla was the most shorted stock in the Americas in August. 📊 Data from Hazeltree, a treasury and liquidity management solutions firm, reveals Tesla’s continued popularity among short sellers. 📈 Despite past losses, short sellers are still betting against Tesla. 🌎 Tesla remains the most shorted stock in the “large-cap category” in…
Key Points 💰 Tesla and its suppliers plan to invest $15 billion in Giga Mexico over the next two years. 🌍 This investment is part of Tesla’s global expansion efforts. 🏭 Giga Mexico is expected to produce Tesla’s next-generation vehicles. 🚗 The investment amount is three times higher than initially disclosed by Mexican officials. 🛣️…
Key Points 🚙 Recent sightings of the Tesla Cybertruck suggest it has robust front recovery points. 🎥 Videos and photos shared online showcase these hefty recovery points on the all-electric pickup truck. 🪙 The recovery points are square with a round hole in the middle, differing from traditional rounded ones found on other pickup trucks.…
Key Points 💹 Tesla’s market cap increased by over $70 billion in a single day during a Wall Street rally. 📈 The rally followed an optimistic note from Morgan Stanley, which highlighted the potential impact of Tesla’s Dojo supercomputer on the company’s enterprise value. 🚗 Morgan Stanley raised Tesla’s rating from “Equal Weight” to “Overweight”…
Key Points 🎥 A video shows a pre-production Tesla Cybertruck’s aero wheel cover flying off while driving in California. 🚗 The incident doesn’t seem to cause severe damage, but it raises awareness about potential issues before Cybertruck deliveries. 🔍 Recent sightings of the Cybertruck hint at its impending release. 💰 Early Cybertruck reservation holders who…
Key Points 📸 A photo shared on Monday is speculated to show the 9,000-ton Cybertruck Giga Press used by Tesla, although its authenticity is in question. 💼 Italian casting machine manufacturer IDRA shared the photo, but the CEO of another company claimed it wasn’t destined for Tesla, without disclosing the actual recipient. 🏭 The image…
Key Points 🛣️ Electreon, an Israeli company, is piloting wireless charging roads for electric vehicles (EVs) in Europe and the U.S. 🔌 The technology can charge various types of vehicles while driving or stationary, including buses, vans, passenger cars, and trucks. 🇸🇪 In Sweden, Electreon is creating a wirelessly charging electric roadway connecting Visby to…
Key Points 🚗 Tesla leads the U.S. EV market due to technology and the Supercharger Network. 🤝 The UAW strike could further strengthen Tesla’s lead as domestic automakers face setbacks. 💰 Prices of new vehicles may rise by less than 2 percent if the strike lasts two weeks. 🌍 Foreign automakers like Toyota, Honda, and…
Key Points 😲 Bill Gates expressed shock that Elon Musk was “super mean” to him after learning Gates had a $500 million short position against Tesla. 💬 Gates had approached Musk to discuss philanthropy opportunities, but Musk was aware of Gates’ short position and declined the meeting. 🤝 Gates later apologized, but his relationship with…