Teslas Revenue In China Increased By 100 Percent

According to Tesla's recent 10-K filing with the US Securities and Exchange Commission, the automaker increased its income in China by more than 100 percent for the second year in a row.As reported by Teslarati, Tesla China showed an annual revenue of around $13.8 billion in 2021. During the previous year, the automaker had a revenue of $6.7 billion. Looking back to 2019, Tesla's revenue in China was at about $2.98 billion.If you compare Tesla's revenue in China between 2020 and 2021, it amounts to an increase of nearly 109 percent year-over-ye...[More]

Teslas Revenue In China Increased By 100 Percent

According to Tesla's recent 10-K filing with the US Securities and Exchange Commission, the automaker increased its income in China by more than 100 percent for the second year in a row.As reported by Teslarati, Tesla China showed an annual revenue of around $13.8 billion in 2021. During the previous year, the automaker had a revenue of $6.7 billion. Looking back to 2019, Tesla's revenue in China was at about $2.98 billion.If you compare Tesla's revenue in China between 2020 and 2021, it amounts to an increase of nearly 109 percent year-over-ye...[More]

Will Tesla Make Uber and Lyft Obsolete

There's been some discussion over Twitter and online forums about Tesla, Uber, and Lyft. The biggest question and discussion I'm seeing is around, Will Tesla make Uber and Lyft Obsolete? That is, will Tesla put Uber and Lyft out of business?The answer to this question depends on several things and I'll go over what those are now, along with what I think Tesla, Uber, and Lyft should each do individually.As you probably know, if you've been reading my articles, Tesla is working on software that will allow a Tesla vehicle to drive itself, FSD Ri...[More]

Will Tesla Make Uber and Lyft Obsolete

There's been some discussion over Twitter and online forums about Tesla, Uber, and Lyft. The biggest question and discussion I'm seeing is around, Will Tesla make Uber and Lyft Obsolete? That is, will Tesla put Uber and Lyft out of business?The answer to this question depends on several things and I'll go over what those are now, along with what I think Tesla, Uber, and Lyft should each do individually.As you probably know, if you've been reading my articles, Tesla is working on software that will allow a Tesla vehicle to drive itself, FSD Ri...[More]

President Joe Biden Finally Says the Word Tesla

President Joe Biden has finally uttered the word 'Tesla' in a speech, recognizing the company as the country’s 'largest electric vehicle manufacturer.'Since Biden’s Presidency began in 2021, he has recognized the U.S.’ need for electric vehicles. However, Biden has stuck to commending legacy automakers like General Motors and Ford, two companies who have notable E.V. programs, but not to the capacity that Tesla does.Earlier today, Biden delivered a speech, which the White House labeled as President Biden Delivers Remarks on Rebuilding Ou...[More]

President Joe Biden Finally Says the Word Tesla

President Joe Biden has finally uttered the word 'Tesla' in a speech, recognizing the company as the country’s 'largest electric vehicle manufacturer.'Since Biden’s Presidency began in 2021, he has recognized the U.S.’ need for electric vehicles. However, Biden has stuck to commending legacy automakers like General Motors and Ford, two companies who have notable E.V. programs, but not to the capacity that Tesla does.Earlier today, Biden delivered a speech, which the White House labeled as President Biden Delivers Remarks on Rebuilding Ou...[More]

Electric Cars Experience Breakthrough Moment Led By Tesla

The auto industry is poised for some big changes in 2022. According to Jack Ewing and Neal E. Boudette at The New York Times, Battery-powered cars are having a breakthrough moment. Their arrival represents the biggest upheaval in the auto industry since Henry Ford introduced the Model T in 1908.Sales of cars powered solely by batteries surged in the United States, Europe and China last year, while deliveries of fossil fuel vehicles were stagnant. Demand for electric cars is so strong that manufacturers are requiring buyers to put down deposi...[More]

Electric Cars Experience Breakthrough Moment Led By Tesla

The auto industry is poised for some big changes in 2022. According to Jack Ewing and Neal E. Boudette at The New York Times, Battery-powered cars are having a breakthrough moment. Their arrival represents the biggest upheaval in the auto industry since Henry Ford introduced the Model T in 1908.Sales of cars powered solely by batteries surged in the United States, Europe and China last year, while deliveries of fossil fuel vehicles were stagnant. Demand for electric cars is so strong that manufacturers are requiring buyers to put down deposi...[More]

Sandy Munro Says Tesla Model S Plaid Is To Die For

Sandy Munro, from the consulting company, Munro and Associates, looked at the under belly of the Tesla Model S Plaid and said he was surprised at the minimal number of casting materials there are in Tesla's vehicles. He says they are leaving all other vehicle manufacturers in the dust.Because you are getting rid of so many bits and pieces that you don't need, it makes the design slick and easy to build and maintain. Sandy likes the tight build in the Model S Plaid and that most people aren't able to build like that.After pulling off the cover o...[More]

Sandy Munro Says Tesla Model S Plaid Is To Die For

Sandy Munro, from the consulting company, Munro and Associates, looked at the under belly of the Tesla Model S Plaid and said he was surprised at the minimal number of casting materials there are in Tesla's vehicles. He says they are leaving all other vehicle manufacturers in the dust.Because you are getting rid of so many bits and pieces that you don't need, it makes the design slick and easy to build and maintain. Sandy likes the tight build in the Model S Plaid and that most people aren't able to build like that.After pulling off the cover o...[More]

Teslas Employee Headcount Nears 100000 in 2021

Tesla is employing nearly 100,000 people across its facilities, thanks to an over 40 percent increase in the company’s workforce in 2021.Tesla revealed in its 10-K filing with the SECthat it employed 99290 employees as of December 31, 2021. This is a substantial increase from how many people the company had employed at the end of 2020. Tesla reported an employee headcount of 70,757 people at the end of 2020.The figures only count full-time employees.It is no secret Tesla has a quickly expanding business. As the company continues to increase v...[More]

Teslas Employee Headcount Nears 100000 in 2021

Tesla is employing nearly 100,000 people across its facilities, thanks to an over 40 percent increase in the company’s workforce in 2021.Tesla revealed in its 10-K filing with the SECthat it employed 99290 employees as of December 31, 2021. This is a substantial increase from how many people the company had employed at the end of 2020. Tesla reported an employee headcount of 70,757 people at the end of 2020.The figures only count full-time employees.It is no secret Tesla has a quickly expanding business. As the company continues to increase v...[More]

Hertz Reaffirms Massive Tesla Order Again

Recently, a Tesla owner discovered two car carrier trailers outside the Hertz rental car center in Santa Clara, California. One of the trailers had Tesla Model 3 cars still on it while the other one was unloaded completely.Reddit user u/AegisPrecipitate displayed a pic of this event from the front camera recording via his Tesla’s USBflash drive which is used to record Sentry Mode events and clips whenever the horn is pressed.Rental car giant Hertz ordered 100,000 Tesla Model 3 cars to add to its rental fleet last year. Since then, analysts an...[More]

Hertz Reaffirms Massive Tesla Order Again

Recently, a Tesla owner discovered two car carrier trailers outside the Hertz rental car center in Santa Clara, California. One of the trailers had Tesla Model 3 cars still on it while the other one was unloaded completely.Reddit user u/AegisPrecipitate displayed a pic of this event from the front camera recording via his Tesla’s USBflash drive which is used to record Sentry Mode events and clips whenever the horn is pressed.Rental car giant Hertz ordered 100,000 Tesla Model 3 cars to add to its rental fleet last year. Since then, analysts an...[More]

Tesla 2022.4.5 Software Update Notes

Tesla has started a wide release of their latest 2022.4.5 software update this afternoon, with one of the first installations taking place on a Model Y in Alberta.We already knew this update would include a fix for the seat belt chime that was subject to a recall last week, but there are also a number of other surprises included in the release.Car Colorizer. First released in China last month, you can now change the colour of your car’s render with the Car Colorizer.Screenshots of the new feature from Drive Tesla reader @Brangwyn, you can sel...[More]

Tesla 2022.4.5 Software Update Notes

Tesla has started a wide release of their latest 2022.4.5 software update this afternoon, with one of the first installations taking place on a Model Y in Alberta.We already knew this update would include a fix for the seat belt chime that was subject to a recall last week, but there are also a number of other surprises included in the release.Car Colorizer. First released in China last month, you can now change the colour of your car’s render with the Car Colorizer.Screenshots of the new feature from Drive Tesla reader @Brangwyn, you can sel...[More]

Will Elon Musk Launch His Own Social Media Platform

Elon Musk has revolutionized multiple market sectors including aerospace, automotive, and finance. As SpaceX, Tesla, and PayPal have all proven, Musk is capable to radically disrupting industries in ways that surprised even the most astute observer. Is Elon about to turn the world of social media upside down?According to Matt Wallace at Benzinga, There is massive, growing demand for Elon Musk, Tesla's CEO to make his own social media platform. Tweets I have made about it are being met with overwhelming engagement and positive attention.Elon M...[More]

Will Elon Musk Launch His Own Social Media Platform

Elon Musk has revolutionized multiple market sectors including aerospace, automotive, and finance. As SpaceX, Tesla, and PayPal have all proven, Musk is capable to radically disrupting industries in ways that surprised even the most astute observer. Is Elon about to turn the world of social media upside down?According to Matt Wallace at Benzinga, There is massive, growing demand for Elon Musk, Tesla's CEO to make his own social media platform. Tweets I have made about it are being met with overwhelming engagement and positive attention.Elon M...[More]

Indian Officials Playing Hard Ball With Tesla

Tesla has been working with officials in India to lower import taxes on electric vehicles, which CEO Elon Musk has called the highest in the world by far.Those discussions have gone nowhere, recently reaching an impasse where neither party wanted to budge on their positions.In the latest update, Indian officials have again rejected Tesla’s proposed tax breaks to import their cars into the country.Government officials said rules already allow for partially-built vehicles to be brought in and then assembled locally. This results in a lower im...[More]

Indian Officials Playing Hard Ball With Tesla

Tesla has been working with officials in India to lower import taxes on electric vehicles, which CEO Elon Musk has called the highest in the world by far.Those discussions have gone nowhere, recently reaching an impasse where neither party wanted to budge on their positions.In the latest update, Indian officials have again rejected Tesla’s proposed tax breaks to import their cars into the country.Government officials said rules already allow for partially-built vehicles to be brought in and then assembled locally. This results in a lower im...[More]