New data from Cross-Sell shows that Tesla’s vehicle registrations in California jumped just shy of 63% in Q4 2020 compared to Q4 2019, with the Model Y being the largest contributor. Cross-Sell is a research firm that publishes registration and title information. After beating Wall Street estimates after a strong Q4 showing globally, Tesla managed […]
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Tesla has dropped the price of Model 3 by up to 9% in Europe – but why? And will we see similar discounts in Australia?
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German automaker Volkswagen has announced that it ended production efforts of the widely-popular Golf hatchback, opening the door for the all-electric ID series in the U.S. “Over four decades, the Golf has delivered a great value to American drivers,” Senior Vice President of Product Marketing and Strategy for Volkswagen of America Hein Schafer said. “It […]
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Tesla (NASDAQ: TSLA) bear Jim Chanos is no longer shorting the automaker’s stock. Instead, Elon Musk’s electric vehicle company’s longtime skeptic has moved on to a “Put” position. Chanos said in an interview with CNBC that he has abandoned the “Short” position he once held on Tesla stock, SeekingAlpha reported. Evidently, the losses came to be […]
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Tesla CEO Elon Musk has continued a trend of giving back with a $5 million donation to Boston researchers who aim to create a COVID-19 vaccine and diagnostic tool. The Musk Foundation donated to Dr. Dan Barouch, the Director of the Center for Virology and Vaccine Research at Beth Israel Deaconess Medical Center. Barouch is […]
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Tesla has reduced the price of the Model 3 in several European markets. The changes occurred on Wednesday and were applied to several variants of the all-electric sedan. The Model 3 is Tesla’s most affordable vehicle and is the company’s most popular car in Europe. After leading several European markets in terms of EV sales, […]
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Tesla (NASDAQ: TSLA) has a new Street-high price target from Oppenheimer’s Colin Rusch, who marked the company’s “extraordinary advantage” in self-driving cars, cost reductions in manufacturing, and its valuation as a high-growth stock as reasons for the increase. Rusch boosted his price target from $486 to $1,036 on Wednesday. The revised target has overtaken the […]
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When Stephane Saint Louis, originally of Haiti, and Steven Vargas of Petaluma, CA, received their first round of stimulus checks last year, the pair knew they had to put the money to good use. The pair dreamt of starting a restaurant of their own, but capital was tight and a pandemic was raging. Thus, Saint […]
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Among the old guard of the automotive industry, very few could hold a candle to Volkswagen, which has initiated a $50 billion bet on electric vehicles. The plan, it seemed, was aimed at ensuring that the veteran automaker could catch up to Tesla, a dedicated EV maker that has made a name for itself by […]
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Luxury Italian design house ARES has showcased its coachbuilding skills by revealing a privately commissioned Tesla Model S Convertible. Commissioned to transform the Tesla Model S into an eye-catching two-door open-top convertible the Modena-b…
