Category: Tesla

Tesla calls claims of unintended acceleration in NHTSA petition “completely false”
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Tesla calls claims of unintended acceleration in NHTSA petition “completely false”

Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and Safety Administration said it would…

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Tesla Stock Smashes Skepticism for a Major 2020 Overdrive
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Tesla Stock Smashes Skepticism for a Major 2020 Overdrive

Tesla stock is up 29% YTD and completes full recovery since January. Its Shanghai Gigafactory will deliver new Model 3s on December 30, kickstarting local production. Subsidies and tax exemption make Model 3s more affordable, which will attract more local consumers. The Tesla stock (NASDAQ: TSLA) is up 29% year-to-date and it is set for…

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Tesla nears land deal for German gigafactory outside of Berlin
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Tesla nears land deal for German gigafactory outside of Berlin

Tesla is making progress on its plan to build its European gigafactory in Berlin, Bloomberg reports. The Elon Musk-run automaker is working with state officials in Brandenburg on the contract to secure around 740 acres of land just outside Berlin in Gruenheide, and the government has agreed to the contract as currently written and is…

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5 Reasons Why Tesla Stock Skyrocketed 60% in 90 Days
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5 Reasons Why Tesla Stock Skyrocketed 60% in 90 Days

After having a terrible start to the year, Tesla stock has rocketed to new all-time highs. The stock is up over 60% in the last 90 days. There are five key reasons behind the recent stellar performance. Tesla stock (NASDAQ: TSLA) has had a very volatile 2019. The EV stock endured a brutal drawdown in…

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Tesla Bull Makes Ludicrous Prediction That’ll Barely Scare Big Auto
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Tesla Bull Makes Ludicrous Prediction That’ll Barely Scare Big Auto

ARK Invest believes Tesla can capture 17% market share in the automobile industry. Tesla’s balance sheet suggests it doesn’t have enough cash to even maintain its current market share. ARK has been dumping Tesla shares, so investors shouldn’t completely trust their forecast. Tesla stock has been flying high over the past few months. The stock…

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