Tag: tesla
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Chinese startups are battling with Tesla for electric-car supremacy – take a look at their cars
Xpeng sells a limited-edition version of its P7 sedan with scissor doors. Xpeng Three electric-car startups have risen to the top of the pack in China. Nio, Xpeng, and Li Auto are all challenging Tesla in what's becoming its most crucial market. Here's a quick guide to the companies and the high-tech models they sell.…
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Tesla charger gaffe causes instant regret for Chevy Volt driver
While this story has some cringe moments and its subsequent video is a bit difficult to watch at one point, it should be noted that this tale comes with a rather happy ending. For a Tesla owner and a driver of a Chevrolet Volt, however, there was a moment in this story when things didn’t…
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Elon Musk is about 30% through his Tesla stock sale
Tesla (NASDAQ: TSLA) CEO Elon Musk is about 30% through his sale of the automaker’s stock. A new filing with the SEC on Friday morning confirmed Musk sold another $683.7 million of Tesla shares, bringing the grand total thus far to 5.2 million unloaded shares for the Tesla CEO this week. Musk started selling Tesla…
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Tesla’s Elon Musk wishes Rivian well after IPO: “I hope they’re able to achieve high production”
Tesla CEO Elon Musk wished Rivian the best recently. Musk also gave his input into Rivian’s tough road ahead, despite its recent achievements. “I hope they’re able to achieve high production & breakeven cash flow. That is the true test,” Elon Musk said about Rivian. I hope they’re able to achieve high production & breakeven…
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Rivian is now the 2nd most valuable US carmaker after its IPO surge – and its founder R.J. Scaringe is worth $2.2 billion
Rivian had one of the biggest IPOs in history on Wednesday. Rivian Rivian is now the second-most valuable US carmaker after Tesla, and is ahead of Ford and General Motors. Its stock has surged since its IPO on Wednesday, making its founder R.J. Scaringe worth at least $2.2 billion. The EV startup has only ever…
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Tesla finally adds Waypoints, a long-requested feature promised over a year ago
Tesla has added Waypoints to improve the in-car navigation experience with Software Update 2021.40.5. Waypoints have been long requested by many Tesla owners, and the automaker has finally come through after Elon Musk confirmed they would be added in September 2020. Tesla does not refer to them as “Waypoints,” however. Instead, the 2021.40.5 Software Update…
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BMW CEO Doesn’t Consider Tesla A Premium Brand
BMW chief executive Oliver Zipse doesn’t believe Tesla competes in the same premium segment of the market as the German carmaker. Zipse recently had a conference call with German publication Handelsblatt and was asked to give his opinion on Tesla. He hasn’t been afraid to criticize Tesla models in the past and during the interview,…
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Tesla drops 12%, its worst decline in 14-months amid insider selling anxiety, weaker China sales, and Michael Burry warning
Tesla CEO Elon Musk. Matt Rourke/AP Photo Tesla stock is on track Tuesday to notch its worst single-day decline since September 2020.The EV manufacturer fell as much as 12% amid insider selling anxiety, China car sales data, and a warning from Michael Burry.Despite the recent decline, Tesla stock is still up 47% year-to-date amid record…
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Twitter users ‘force’ Elon Musk to sell Tesla stock so he can stop avoiding taxes
It started with a Twitter poll. And now a billionaire CEO will need to pay his taxes. On Saturday, Nov. 6, Elon Musk decided to pose a question to social media platform’s users. Should Musk, the co-founder and CEO of the electric car company Tesla, sell off 10 percent of his Tesla stock? Tweet may…
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Tesla China VP hopes to release $25k electric car in the “near future”
In a recent interview with Chinese publication The Paper, Tesla China VP Grace Tao revealed that the company’s vehicle production operations in the country are nearly 100% localized. Tao also remarked that she is hoping that vehicles that are independently designed and manufactured by the Tesla China team will be on the roads in the near…