Tesla investors’ class-action lawsuit against the EV automaker and CEO Elon Musk has been stalled by presiding US District Judge Edward Chen, reported Reuters. Judge Chen chose law firm Levi & Korsinsky’s client, Glen Littleton, as lead plaintiff in the suit in which multiple TSLA investors claimed they were defrauded when Musk announced that he had…
Tesla’s Full Self-Driving Beta has been released for a few months, and the community of Beta testers who have access to the feature have published plenty of content. When checking the FSD feature, one owner took his Model 3 to the extreme by allowing it to attempt a notorious roundabout located in Ann Arbor, Michigan,…
![Tesla [TSLA] Short Sellers Lost More Than The U.S. Airline Industry This Year](https://ilovetesla.com/wp-content/uploads/2020/12/tesla-model-x-768x512.jpg)
In case you haven’t been following along, Tesla [NASDAQ: TSLA] has had a superb year on the stock market. That means that people who bet against the stock (short sellers) have had a horrible year. CNN has called Tesla’s incredible year a bloodbath for those who short the company’s stock. An analysis by S3 Partners showed that Tesla shorts…
Apple is reportedly working with TSMC, a semiconductor manufacturing and design firm, to develop a semi-autonomous “Tesla-like” vehicle, a new report suggests. Apple Insider reported on Wednesday that Apple’s “Project Titan” may be focused on developing technology that would facilitate the production of self-driving cars. Apple could be developing its own vehicle behind the scenes. DigiTimes initially…
Tesla’s Full Self-Driving (FSD) Beta development settings have leaked, and it shows a myriad of options that FSD can do, including some amusing ones. In order to validate an early prototype of the company’s autonomous driving technology, Tesla has been pushing its Full Self-Driving (FSD) Beta program to a small community of Tesla owners over…
A recent report from South Korea has indicated that LG Energy Solution is currently putting more effort into becoming the main cylindrical battery supplier for American electric car maker Tesla. To reach this goal, LG is reportedly looking to extend its 2170 cell production lines at its Nanjing, China plant, potentially allowing the South Korean…
Tesla (NASDAQ:TSLA) reported that on Tuesday it is launching a capital raise of $5 billion. The step, which will result in a dilution of around 0.8 percent, is poised to provide the company’s already formidable balance sheet with an additional $5 billion. Tesla’s latest announcement of capital raise comes on the heels of TSLA shares…
In China, the Tesla Model 3 has made some serious progress, with recent data from the China Passenger Car Association (CPCA) showing that in November, the electric car manufacturer sold 21,604 units of all-electric sedans domestically. Compared to Model 3 sales in October, when Tesla sold 12,143 units in China, this represents an increase of…
Last Friday, November 27, Tesla Chief Engineering Officer Elon Musk tweeted that the rather advanced beta version of Tesla’s Full Self-Driving suite would probably be going out to significantly more owners in ~2 weeks, which would now make that about a week away. For those of us eagerly waiting for this update to hit their…
Tesla and Formula E: Will it ever happen? Probably not. At least, that’s what Elon Musk says, and he believes that production and scalability are more important. For the global EV scene, they certainly are, while professional motorsports are really just a trivial part of what Tesla does. While the company does build and create…