Tesla’s Full Self-Driving suite may really become the dark horse of the electric vehicle maker. A hint of this could be seen in the progress of the company’s FSD Beta program, whose user base appears to have grown by 475% year-over-year and 78% since the third quarter. In a series of posts on Twitter, Tesla’s…
Tesla, Volkswagen, and several other EV manufacturers qualify for the new 2023 U.S. EV tax credit. The Internal Revenue Service (IRS) announced the vehicles that qualify for the 2023 EV tax credit. The full list of EV models eligible for the new and updated $7,500 U.S. federal tax credit includes EVs made by fourteen manufacturers. The IRS noted…
Tesla leaked upcoming Supercharger locations opening in the United States. The Supercharger Network is one of the pillars of Tesla’s success in the EV market. So it’s no surprise that Tesla has been diligently expanding the Supercharger Network’s reach over the past year. Supercharger tracker @MarcoRPTesla noted that Tesla “mistakenly” leaked the locations of at least 50 Supercharger installations in…
Elon Musk remains confident that “Tesla will be the most valuable company on Earth.” He assured employees about Tesla’s bright future in a company email. Elon Musk sent out his usual end-of-year email to employees recently. Musk directly addressed Tesla’s current stock market “craziness” in his email to staff, reported Reuters. “Btw, don’t be too bothered…
Stocks overall are facing a bear market coinciding with recent signs of economic downturn, and even Tesla’s shares haven’t been immune to the effects. Furthermore, Elon Musk recently let go of more Tesla shares (presumably, to fund Twitter). Meanwhile, though, one bullish firm recently stocked up — leaving some investors questioning which leader’s actions to…
A Tesla employee who left Rolls-Royce is returning to the legacy automaker in what he described as one of the toughest decisions of his life. Niklas Lohse left Rolls-Royce after eleven years to work for Tesla. In a LinkedIn post, Lohse described the decision to return to Rolls-Rouse as one of the toughest in his life. After leaving…
New and used Tesla prices have plunged recently, giving buyers a unique opportunity. Tesla has been criticized by car buyers, government representatives, and investors alike for having prices too high for average Americans to afford, especially for a brand that prides itself on leading the EV revolution. But now, that problem may finally be being…
Tesla owners in the United Kingdom face multiple-hour-long lines to charge their cars at Supercharging locations this week. As demand for electric vehicles (and Teslas in particular) has skyrocketed over the past year, so has the demand for charging infrastructure. And while the Tesla Supercharging network is often credited as being one of the best…
Tesla China has posted a correction to recent reports alleging that Gigafactory Shanghai’s production would be shut down from January 20-31, 2023. Yesterday, Reuters published a report claiming that Tesla China would be reducing Giga Shanghai’s output next month. The publication claimed that the China-based electric vehicle manufacturing plant would only be active for 17 days since…
Retail investors in South Korea have bought $2.8 billion worth of Tesla (NASDAQ:TSLA) stock despite its downward slide these last few months. According to the Korea Securities Depository, day traders bought $160 million worth of Tesla shares up through December 27, 2022. South Korean retail investors continue to buy TSLA stocks amid its downward slide.…