Tesla Inc (NASDAQ: TSLA) Expands Production Capacity in Shanghai

Tesla Inc (NASDAQ: TSLA) announced that it has cut back on delivery waiting time for its Model Y and Model 3 vehicles in China. This announcement comes after the company announced that it had reduced production time at its Shanghai plant by improving production lines. Tesla reduces car wait times Tesla’s China buyers previously had […]

Tesla Inc (NASDAQ: TSLA) To Start Manufacturing Long-awaited 500-Mile Range Semi-Truck in 2023

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has said that the electric car manufacturer’s long-waited trucking vehicles will commence as early as this year through into 2023. Musk indicated in a tweet that deliveries for the company’s 500-mile range semi-truck will commence this year, five years after its unveiling. Tesla to introduce Cybertruck and 500-mile […]

Tesla Inc (NASDAQ: TSLA) Discontinues Life Standard Connectivity Feature With Buyers Requiring Subscription After 8 Years

Tesla Inc (NASDAQ: TSLA) customers placing new orders for the new Tesla Model 3, Model S, Model X and Model Y will no longer get the free Standard Connectivity for the lifetime of their cars following a change in the electric vehicle maker’s connectivity policy. Buyers to have eight years only of Standard Connectivity bundle  […]

Tesla Inc (NASDAQ: TSLA) Reports Record Car Sales From Shanghai Factory In June

Tesla Inc (NASDAQ: TSLA) had announced that it attained the highest monthly sales in June for china-manufactured cars since 2019 when the company opened its Shanghai factory, as the company ramped up production that had been affected by  COVID-19 lockdown in the city. Tesla sold 78,906 China-made cars in June According to the China Passenger […]

Tesla (NASDAQ: TSLA) Was Not Part Of President Joe Biden’s Electric Vehicle Summit

It’s a big surprise to know that Tesla (NASDAQ: TSLA) was not part of President Biden’s electric vehicle summit. Instead, the event was at the White House on Thursday. TSLA  is the largest manufacture of Electric Vehicles in the entire world. If not TSLA, then who attended the summit? General Motors Company (NYSE: GM) and […]

Electronic Conglomerate Panasonic Corporation (OTCMKTS: PCRFY) Sells Its Tesla Inc (NASDAQ: TSLA) Stake For Whopping $3.6 billion

Electronic giant Panasonic Corporation (OTCMKTS: PCRFY) has gone on record to confirm that the company has sold its stake in electric car maker Tesla Inc (NASDAQ: TSLA). The deal was sealed for about 400 billion yen which equals $3.61 billion, in March 2010. This news was confirmed courtesy of a spokesperson on behalf of the […]

Tesla’s China Orders Witness Decline

In China, Tesla Inc’s (NASDAQ: TSLA) vehicle orders almost halved in May. This drastic decrease in the vehicle orders from April is the result of increased scrutiny by the government of China on Tesla. Tesla’s monthly orders were reduced to around 9,800 in China. This is more than in April that recorded 18,000 orders. This […]

Tough Times for Tesla Inc (NASDAQ: TSLA) After China Suspects Intelligent Cars’ Spying

Tesla Inc (NASDAQ: TSLA) gets cornered yet again in China over spying suspicion. China wants to review its car data regulations to maintain collected data in the country purposefully. Rumors indicate that Tesla is becoming malicious in using the cameras in its vehicles to collect data for spying.  China’s moves China considered the draft regulation […]