Tesla
Summary Hertz bought 100,000 EVs from Tesla for $4.2 billion in October 2021 Price cuts to Tesla lineup caused significant losses as the value of the fleet depreciated Hertz began a fire sale of its electric vehicles to limit losses The goal is to sell 30,000 EVs by the end…
Summary Superchargers are now prefabricated in factories like Gigafactory New York Prefabricated Superchargers are faster, better quality, and cheaper to install Cost savings from pre-assembled Superchargers are passed on to drivers The transition to EVs is accelerated by the continuous pursuit of efficiency Tesla distinguishes between Supercharger sites "In Development"…
Summary Tesla Giga Berlin recently celebrated its five year anniversary The facility has produced over 400,000 Tesla Model Y units Giga Berlin has also produced more than 500,000 drive units The facility is focused on sustainability, recycling over 90% of process waste water and producing 6.9 GWh of solar energy…
Summary Institutional investors own about 66.2% of Tesla stock as of November 2024 Vanguard Group Inc increased its Tesla holdings by 1.7% in the first quarter Strategic Financial Concepts LLC increased Tesla holdings by 21,816% in the second quarter ARK Invest raised its Tesla shares by 2.6% in the second…
Summary Tesla is addressing a major battery drain issue with its Sentry Mode feature The fix will reduce power consumption by approximately 40% The update is included in Software Update 2024.38.4 The battery drain fix will alleviate concerns for owners using Sentry Mode on low battery Sentry Mode has been…
Summary Tesla stock has dramatically increased since Donald Trump won the 2024 United States presidential election Tesla shorts have lost over $6 billion since the election As of Monday’s pre-market, Tesla shares are up 6.37% at $341.68 per share Hedge funds shorting Tesla took heavy blows following the announcement of…
Summary Tesla has added a new feature in two new markets to show real-time availability at select third-party Superchargers The feature is available at chargers that are part of Tesla’s Qualified Third-Party Charger Program Drivers can view availability and charging speed by tapping on the charger in question Tesla has…
Summary Elon Musk has been critical of President Biden and his administration for snubbing Tesla throughout his presidency Musk felt snubbed at an EV Summit where Biden praised General Motors and its CEO Mary Barra for leading the EV transition instead of acknowledging Tesla’s contribution Musk had a strained relationship…
Summary Tesla introduces new commands feature for easier vehicle control without internet Legacy Model S and Model X vehicles unable to use this new feature Owners can utilize commands such as unlocking doors or pre-heating cabin from their smartphone Feature is not unique to Tesla, but most automakers require an…
Summary Tesla shares on NASDAQ are surging due to various buy signals including the Presidential Election and changing analyst perception The shares have increased by over 37% in the past five trading days, reaching over $350 for the first time in years Analysts are bullish on Tesla, with Wedbush raising…
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