Tesla (NASDAQ: TSLA) has announced that its Board of Directors has moved to execute a 3:1 split for the company’s common stock. The move will make the ownership of TSLA stock more available for both employees and investors alike. On Friday, Tesla submitted a 14A filing with the SEC that clarified its plans for the…
Tesla’s next version of the Full Self-Driving Beta will be released in “two weeks,” a timeframe that is all too familiar for owners of the company’s all-electric vehicles. CEO Elon Musk stated FSD Beta version 10.13 will be released with notable improvements in terms of roundabout maneuverability. Musk stated on Twitter last night that FSD…
A new survey shows that prospective electric vehicle buyers are considering Tesla over any other brand as more buyers consider electrified options due to soaring gas prices. According to Kelley Blue Book, 25% of new car buyers considered an EV in January, February, and March 2022. After reviewing the findings of a customer perception survey, the…
Teslas may be among the most technologically-advanced vehicles on the road, but they are also extremely tough. Despite their sleek looks, their trademark components such as their glass roofs have been proven to be extremely durable. The Tesla Model S, for example, made headlines when it was tested by the NHTSA. During the course of…
To state that Tesla’s second quarter this year has been challenging would be an understatement. With Giga Shanghai being shut down for several weeks, the company’s overall vehicle production and delivery figures for Q2 2022 would likely be adversely affected. It appears that Wall Street is taking these factors into consideration. In a recent update,…
It was a challenging task, but Tesla China has reportedly done it. Gigafactory Shanghai has returned to 100% capacity utilization. This should allow Tesla to end the second quarter on a high note in China. Tesla’s Shanghai plant was shut down in late March due to the country’s intensive anti-Covid measures. Thanks to the lockdowns, Giga Shanghai’s…
Despite a challenging second quarter thanks to Giga Shanghai’s shutdown and pressure on TSLA stock partly due to CEO Elon Musk’s efforts to acquire Twitter, Tesla has received an optimistic outlook from UBS analyst Patrick Hummel nonetheless. In recent comments, Hummel opted to upgrade Tesla from “Neutral” to “Buy” with a price target of $1,100…
On Thursday, June 9, 2022 at 7 p.m. Shanghai time (1100 GMT), Tesla China started an online hiring event to fill a dozen new job postings in the country. According to Tesla China, the company is recruiting staff to fill “smart manufacturing” roles. Tesla China’s WeChat states that the company currently has 224 job posts…
![Tesla Cybertruck’s 9,000-ton Giga Press showcased at IDRA open house [Photos]](https://ilovetesla.com/wp-content/uploads/2022/06/tesla-cybertruck-body-9000-ton-giga-press-photos-768x437.jpeg)
IDRA showcased the Tesla Cybertruck’s 9,000-ton Giga Press during its open house. Redditor u/IeZael shared his experience during IDRA’s open house tour at their headquarters in Brescia. He visited as an engineering student, so his tour was structured differently from investor and customer visits. According to the Redditor, customers and investors would get a detailed briefing on…
Tesla has filed a complaint against the California Office of Administrative Law (OAL) and the Department of Fair Employment and Housing (DFEH), accusing the agencies of rushing to file lawsuits against businesses without conducting investigations. Tesla’s ten-page complaint was first seen by Reuters and stated that the OAL and DFEH adopted “underground regulations” that disregard basic requirements…