Key Takeaways The Tesla Model 3 “Highland” has been awarded Edmunds’ Top Rated EV of 2025, signaling a successful makeover. Significant upgrades have been made to the Model 3, including improvements to cabin, suspension, ride comfort, and an exterior facelift. Edmunds applauded the Model 3 for offering better range, improved ride quality, and maintaining affordability…
Key Takeaways Wedbush Securities raises Tesla’s price target from $515 to $550 per share, reflecting confidence in their market strategy for 2025. The expected fast-tracking of Tesla’s FSD program under the Trump administration is a key factor in the bullish outlook. Analyst Dan Ives has a bull case price target of $650 per share, assuming…
Key Takeaways Tesla’s brand value has declined by 26% year-over-year, from $58.3 billion in early 2024 to $43 billion in early 2025. Toyota is now the top automaker, with a brand valued at $64.7 billion, surpassing Tesla. Mercedes-Benz and Hyundai Group have overtaken Tesla in Brand Finance’s 2025 automotive sector rankings. Brand Finance’s study included…
Key Takeaways The Tesla Model 3 is facing strong competition in China from Xiaomi’s SU7 sedan. Xiaomi’s SU7 outsold the Tesla Model 3 in December 2024, with 25,815 units compared to Tesla’s 21,046 units. The success of the SU7 led Xiaomi to adjust production lines twice in 2024 to meet demand. The Xiaomi SU7 was…
Key Takeaways Tesla has the potential to reverse Carl Sagan’s 1995 prophecy predicting the decline of U.S. manufacturing. Morgan Stanley highlights Tesla’s unique position as an AI company intersecting with the physical economy. Analysts suggest Tesla’s advancements in AI and manufacturing could kickstart a new era of intelligent machines made in America. Tesla’s use of…
Key Takeaways Elon Musk announced that Tesla’s vehicles with FSD (Full Self-Driving) technology will soon be able to reverse autonomously. The feature to reverse into a parking spot is not yet enabled in all FSD versions, with Musk acknowledging the current limitations. Version 12.6 of the FSD software requires driver intervention for reversing, although version…
Key Takeaways The Tesla Drive-In Diner Supercharger will feature movie clips on massive projector screens in addition to a diner offering food and drinks. Located on Santa Monica Boulevard, Los Angeles, the project has been underway for several years and is nearing launch. The newest Tesla app update (version 4.41.0) includes a user interface for…
Key Takeaways The Tesla Megapack site near Melbourne is nearing completion, with the first batch of final materials, including transformers, being delivered. The project is part of a series of energy storage initiatives across Australia, aiming to deliver power to 200,000 homes. The “jack and skate” method was employed by Lumea to install the two…
Key Takeaways Tesla is expanding Android support with new features, improving fairness with Apple users. Ultra-wideband support is being added to enhance app capabilities on Android devices. Phone key improvements allow for better accuracy in determining vehicle position and distance. The new update enables hands-free trunk opening, activated by standing behind the car. The features…
Key Takeaways Tesla Model Y became China’s best-selling vehicle by volume in 2024, dominating in key cities. In Beijing, it was the top-selling car with 20,631 units, the only model to exceed 20,000 sales. In Shanghai, the Model Y led with 30,491 units sold, followed closely by the Model 3. Despite being second in Guangzhou…