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 […]

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 […]

Tesla Inc (NASDAQ:TSLA) Ordered To Have Its CEO Pull Down A 2018 Anti-union Tweet

The National Labor Relations Board has criticized Tesla Inc (NASDAQ:TSLA) over labor laws violation. Tesla fired a union activist known as Richard Ortiz, which has caused issues between the company and the National Labor Relations Board. The directives The company’s CEO Elon Musk is also in the spotlight because of his 2018 tweet. The tweet […]

Tesla Inc (NASDAQ:TSLA) Enters Deal With Nickel Mine To Secure Nickel For Battery Production

Reports show the electric vehicles on the U.S roads as standing at a figure of below 1%, but that might soon change. U.S president Joe Biden has been quite vocal about accelerating electric vehicle production sales and has gone as far as giving out an executive order in that regard. Environmental preservation seems to be […]

Tesla Inc. (NASDAQ:TSLA) Forced to Halt Construction of German Gigafactory After Missing €100 Million Security Deposit

Tesla Inc. (NASDAQ:TSLA) has been forced to halt construction of its Gigafactory in Berlin because the company didn’t provide a security deposit of €100 million over possible demolition of the project. Construction of Berlin Gigafactory halted This will be the second time that construction of the project is being halted over a missed payment. In […]

Amazon (NASDAQ:AMZN) And Tesla (NASDAQ:TSLA) Will Not Fully Automate As Robots Can’t Replace Humans

Companies such as Amazon.com Inc. (NASDAQ:AMZN) and Tesla Inc. (NASDAQ:TSLA), which have greatly employed automation in their operations, are yet to use robots at a grand scale because they can’t get a robot that can pick good as humans do. Tesla made a mistake to automate the production of Model 3 In 2018 Tesla CEO […]

Tesla Inc (NASDAQ:TSLA) 4th Gigafactory In The World At Brandenburg Near Berlin: Peter Altmaier Of Germany Will Provide All Necessary Support For The Electric Vehicle Plant

Tesla Inc (NASDAQ:TSLA) is building a new electric vehicle plant in Brandenburg, which is on the outskirts of Berlin and the 4th Gigafactory in the world. Tesla plans to establish 5th Gigafactory in Texas for the manufacture of Cybertruck. Its other Giga plants are situated in Nevada; Shanghai; and New York. Peter Altmaier assures assistance […]

FBI Arrests A Russian National – Kriuchkov On Charges Of A Plot To Install A Malware On The Internal Network Of Tesla Inc (NASDAQ:TSLA) By Luring An Employee

The FBI agents nabbed Egor Igorevich Kriuchkov, a Russian national, to flee the nation from Los Angeles. Kriuchkov expects to face a prison term of up to 5 years if he is found guilty in the plot to install malware on the internal network of Tesla Inc (NASDAQ:TSLA). On vacation in the US Kriuchkov, who […]

Tesla Inc (NASDAQ:TSLA) Urges Owners To Help Push For Allowing Charging Payment By kWh

Tesla Inc (NASDAQ:TSLA) is pushing owners in Canada to help push for a new pricing model. The automaker is pushing to be allowed to charge their vehicles by kWh. The company plans to make similar pushes in countries where authorities only charge per minute as opposed to the total energy. There are several markets where […]

Tesla CEO Elon Musk Calls For Breaking Up Amazon.com Inc. (NASDAQ:AMZN) After Censoring COVID-19 Book

On Thursday, Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk launched an attack on Amazon.com Inc. (NASDAQ:AMZN) calling for its breakup. This comes after Amazon censored Alex Berenson’s e-book about the wisdom behind the COVID-19 lockdowns. Musk calls out Amazon for censoring COVID-19 book In a Tweet, Musk said, “this is insane,” tagging Amazon CEO Jeff Bezos. […]

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk Reveals Price Increment For Autopilot

Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA), recently revealed that his company will increase the price of the Autopilot feature on their cars to $8,000, marking an increment of $1,000. The company currently charges $7,000 for the autonomous driving feature, but interestingly, the feature seems to be becoming more expensive. This is no surprise […]

Elon Musk’s Tesla Inc (NASDAQ:TSLA) Could Move out of a California County amid Tussle with Health Officials

Tesla Inc (NASDAQ: TSLA) could move out of Alameda County if its CEO, Elon Musk, has his way. In a number of tweets on May 9, 2020, Musk expressed his frustration with the shelter-in-place ordinance of Alameda County. According to Musk, the measures put in place by the Alameda County Public Health Department (ACPHD) are […]

General Motors (NYSE:GM) Turns To Battery Development In A Bid To Compete With Tesla Inc (NASDAQ:TSLA)

General Motors (NYSE:GM) was quite impressed after managing to make an adjusted net income amounting to $50 billion. These are financial results for the past five years. Matters seem different for Tesla Inc (NASDAQ:TSLA), which incurred a loss of about $5 billion. On a good day, one would expect investors to opt for GM, but […]

General Motors (NYSE:GM) Unveils An Electric Car Battery Staging Completion To Tesla Inc (NASDAQ:TSLA) Product

Tesla Inc (NASDAQ:TSLA) needs to watch General Motors (NYSE:GM) closely! That is considering the momentum the business guru has been showcasing lately. It is clear now that GM is challenging Tesla in its game. The development of its latest electric vehicle battery is a cause for alarm for the rival. It is a battery said […]