Gary Black, Managing Partner at The Future Fund LLC, believes that Tesla Inc. needs to introduce new vehicle form factors to achieve its targeted 20-30% volume growth in fiscal year 2025. According to Black, simply offering cheaper versions of existing models, such as the Model 3 and Model Y, will not generate sufficient growth.
Ramaswamy Takes Swipe at Biden's $6.6 Billion Loan to Rivian, Tesla's Electric Vehicle Rival
The newly appointed government efficiency co-czar, Vivek Ramaswamy, has announced plans to scrutinize a loan issued by the Biden administration to electric vehicle manufacturer Rivian, a rival of Tesla Inc. This move comes as Ramaswamy prepares to lead the Department of Government Efficiency (DOGE) alongside Tesla CEO Elon Musk following the latest presidential inauguration.
Tesla China Slashes Payment Terms to 90 Days.
Tesla, Inc. is making headlines as the company’s shares are trading higher on Friday morning. In a significant update, Tesla China has announced that it has shortened its payment cycle to supply chain partners to just 90 days in 2024, down from 100 days in 2023.
Unveiling Tesla's Future Through Options Market Insights
On recent days, Tesla (TSLA) has witnessed a surge in options trading activity, with 204 uncommon trades detected in the market. This unusual activity has piqued the interest of investors, as it often indicates that something significant is about to happen.
Tesla Upgrades Optimus Robot with Enhanced Hands Amidst Neuralink's BCI Trial approvals.
Tesla has introduced a significant upgrade to its humanoid robot, Optimus, featuring enhanced hands with improved dexterity. This enhancement aligns with Neuralink’s recent FDA approval for its CONVOY Study, which will test the Brain-to-Computer (BCI) N1 Implant with assistive robotic arms, such as those of the Optimus bot.
Lease to Own: Tesla Expands Buyout Option to Entire Lineup, Raising Questions About Robotaxi Timeline
Tesla Inc. has recently introduced lease buyouts for its entire lineup of vehicle models, sparking interest and speculation about the company’s plans for its robotaxi fleet. This move marks a shift from Tesla’s previous strategy of retaining vehicles for use in a self-driving taxi service.
California Crash Involving Tesla Cybertruck Results in Three Fatalities and One Seriously Hurt
A tragic incident occurred early Wednesday in Piedmont, California, resulting in three fatalities and one serious injury. The accident involved a Tesla Cybertruck that reportedly ignited after the crash, prompting a rapid response from local authorities.
Dan Ives Likens Newsom-Musk Feud to Celebrity Boxing Match, Citing California's Looming Job Migration Crisis
Tesla Inc. may be on the verge of significant workforce changes in California, as the company’s CEO Elon Musk clashes with Governor Gavin Newsom over a proposed electric vehicle consumer rebate program. Dan Ives, analyst at Wedbush Securities, likens the feud to a celebrity boxing match, warning that it could have far-reaching consequences for the state’s economy.
Tesla Boosts Incentives: Earn Up to $10,000 Through Referral Program As Q4 Sales Push Begins
Tesla, Inc. has revamped its referral program across North America, aiming to reach its delivery target of 515,000 vehicles in the fourth quarter. The updated program includes enhanced discounts and rewards, with specific incentives for the Cybertruck.
Tesla Partners with Over 400 Local Suppliers to Boost China Operations.
Tesla has further solidified its position in China by partnering with over 400 local tier-1 suppliers. This strategic move enables the company to source more than 95% of its components from local suppliers, supporting its efficient production process in the Shanghai factory.