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Elon Musk Warns Lucid and Rivian
Posted On: June 16, 2022
Recently, TorqueNews reporter, Tinsae, wrote about Elon Musk sharing a warning with Lucid and Rivian. I'd like to share additional thoughts.From a recent video from Tesla Owners of Silicon Valley, Elon Musk stated that unless something changes significantly with Lucid and Rivian, they will go bankrupt. They are headed for doom unless something changes. He hopes they are able to do something and that they need to cut their costs dramatically.Rivian as a company, had a proposed $80 billion for its IPO. Since then, its stock is down almost 80%. On...[
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Elon Musk Warns Lucid and Rivian
Posted On: June 16, 2022
Recently, TorqueNews reporter, Tinsae, wrote about Elon Musk sharing a warning with Lucid and Rivian. I'd like to share additional thoughts.From a recent video from Tesla Owners of Silicon Valley, Elon Musk stated that unless something changes significantly with Lucid and Rivian, they will go bankrupt. They are headed for doom unless something changes. He hopes they are able to do something and that they need to cut their costs dramatically.Rivian as a company, had a proposed $80 billion for its IPO. Since then, its stock is down almost 80%. On...[
More]
Tesla FSD Beta Version 11 slated for wide release by Summer 2022
Posted On: June 15, 2022
Elon Musk estimated that Tesla FSD Beta version 11 would be ready for wide release by the summer of 2022. Currently, Beta testers are waiting for the release of FSD Beta 10.13.A Tesla YouTuber, @DrKnowItAll, asked Elon Musk when FSD Beta version 11 would be rolling out to testers. He noted that FSD Beta’s old highway stack already performed well, and Tesla set a high bar for itself to improve the current iteration.I’m driving an alpha version of FSD on highway, and it’s not quite ready, replied Elon Musk. Probably ready for wide releas...[
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Tesla FSD Beta Version 11 slated for wide release by Summer 2022
Posted On: June 15, 2022
Elon Musk estimated that Tesla FSD Beta version 11 would be ready for wide release by the summer of 2022. Currently, Beta testers are waiting for the release of FSD Beta 10.13.A Tesla YouTuber, @DrKnowItAll, asked Elon Musk when FSD Beta version 11 would be rolling out to testers. He noted that FSD Beta’s old highway stack already performed well, and Tesla set a high bar for itself to improve the current iteration.I’m driving an alpha version of FSD on highway, and it’s not quite ready, replied Elon Musk. Probably ready for wide releas...[
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Tesla Insurance Expanding to Maryland
Posted On: June 15, 2022
The Maryland Insurance Administration told Teslarati that the Balboa Insurance Company changed its name to Tesla Insurance earlier this year, hinting at the service’s arrival in Maryland.Documents from the Maryland Insurance Administration reveal that the primary address for Tesla Insurance in the M.D is Fremont, CA 94538, and its main website is the E.V manufacturer’s main page. Tesla Insurance in Maryland deals with insurance related to casualty, health, marine, wet marine and transportation, property and marine, surety, and vehicle liabi...[
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Tesla Insurance Expanding to Maryland
Posted On: June 15, 2022
The Maryland Insurance Administration told Teslarati that the Balboa Insurance Company changed its name to Tesla Insurance earlier this year, hinting at the service’s arrival in Maryland.Documents from the Maryland Insurance Administration reveal that the primary address for Tesla Insurance in the M.D is Fremont, CA 94538, and its main website is the E.V manufacturer’s main page. Tesla Insurance in Maryland deals with insurance related to casualty, health, marine, wet marine and transportation, property and marine, surety, and vehicle liabi...[
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Tesla Shares to Rise Again in Q3
Posted On: June 15, 2022
Tesla received another very optimistic forecast, this time from Morgan Stanley. The firm believes that the value of the manufacturer's shares will start recovering in Q3 2022, as Tesla will be able to catch up, as its history of development shows.Morgan Stanley analyst Adam Jonas sees a significant improvement for Tesla going forward. His view remains positive even as other analysts have lowered their price targets for TSLA shares. Jonas sees growth in the company's future once it survives the current quarter, he wrote in a note to clients. As ...[
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Tesla Shares to Rise Again in Q3
Posted On: June 15, 2022
Tesla received another very optimistic forecast, this time from Morgan Stanley. The firm believes that the value of the manufacturer's shares will start recovering in Q3 2022, as Tesla will be able to catch up, as its history of development shows.Morgan Stanley analyst Adam Jonas sees a significant improvement for Tesla going forward. His view remains positive even as other analysts have lowered their price targets for TSLA shares. Jonas sees growth in the company's future once it survives the current quarter, he wrote in a note to clients. As ...[
More]
Tesla hiring 500 to 600 staff a month at Gigafactory Berlin
Posted On: June 14, 2022
Tesla Gigafactory Berlin is ramping its operations. In a recent email, Elon Musk himself confirmed that the Grunheide-based plant is closing in on a production rate of nearly 1000 Model Y per day. But Giga Berlin is only getting started.As per recent comments by the regional economy minister of Brandenburg on Monday, Tesla is currently hiring about 500 to 600 people a month for Gigafactory Berlin. To meet these employment targets, Tesla is reportedly working with the national employment agency to recruit workers that are no longer needed at Ger...[
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Tesla hiring 500 to 600 staff a month at Gigafactory Berlin
Posted On: June 14, 2022
Tesla Gigafactory Berlin is ramping its operations. In a recent email, Elon Musk himself confirmed that the Grunheide-based plant is closing in on a production rate of nearly 1000 Model Y per day. But Giga Berlin is only getting started.As per recent comments by the regional economy minister of Brandenburg on Monday, Tesla is currently hiring about 500 to 600 people a month for Gigafactory Berlin. To meet these employment targets, Tesla is reportedly working with the national employment agency to recruit workers that are no longer needed at Ger...[
More]
Tesla Model S Plaid Sets Quarter Mile Record
Posted On: June 14, 2022
Tesla Model S Plaid sets a new Quarter-mile record of 8.83 seconds at 161.37 mph, confirming its title as the fastest production car in the world. The car broke its previous record of 8.943 seconds.Although official data has recorded that the Tesla Model S Plaid does a Quarter mile in 9.23 seconds at 152.6 mph, car owners are trying to improve this time, and they are pretty good at it. They are trying to get the most out of their E.V.s, but keep in mind that their cars can be with some modifications. Most often, we are talking about weight redu...[
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Tesla Model S Plaid Sets Quarter Mile Record
Posted On: June 14, 2022
Tesla Model S Plaid sets a new Quarter-mile record of 8.83 seconds at 161.37 mph, confirming its title as the fastest production car in the world. The car broke its previous record of 8.943 seconds.Although official data has recorded that the Tesla Model S Plaid does a Quarter mile in 9.23 seconds at 152.6 mph, car owners are trying to improve this time, and they are pretty good at it. They are trying to get the most out of their E.V.s, but keep in mind that their cars can be with some modifications. Most often, we are talking about weight redu...[
More]
Hertz Tesla Model 3 rentals expand to Canada
Posted On: June 14, 2022
Canadians can now rent the Tesla Model 3 through Hertz as the company has brought the Model 3 to select airports across Canada.A Drive Tesla reader sent us these pictures showing close to a dozen of the electric sedans in parking spots reserved for the Hertz rental vehicles at Toronto’s Pearson International Airport (YYZ).We have checked Hertz Canada’s website, and we were able to find the Model 3 available at Toronto (YYZ), Montréal-Pierre Elliott Trudeau International Airport (YUL), and Vancouver International Airport (YVR), confirming w...[
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Hertz Tesla Model 3 rentals expand to Canada
Posted On: June 14, 2022
Canadians can now rent the Tesla Model 3 through Hertz as the company has brought the Model 3 to select airports across Canada.A Drive Tesla reader sent us these pictures showing close to a dozen of the electric sedans in parking spots reserved for the Hertz rental vehicles at Toronto’s Pearson International Airport (YYZ).We have checked Hertz Canada’s website, and we were able to find the Model 3 available at Toronto (YYZ), Montréal-Pierre Elliott Trudeau International Airport (YUL), and Vancouver International Airport (YVR), confirming w...[
More]
New California Charging Hub Will Have 40 Fast Chargers Plus Retail And Restaurant
Posted On: June 13, 2022
Real estate developer LL Development plans to build a public charging hub called The Stack Charge near Baker, California, just off I-15, a primary thoroughfare between Las Vegas and Los Angeles.The Stack Charge will feature elevated retail offerings and quick-service restaurants, outdoor lounge areas, 24/7 restroom facilities, Wi-Fi, and more, says the company. The nearly 2500-square-foot vacant drive-thru retail space will be leased to a quick-service restaurant tenant and upgraded to include an outdoor lounge and waiting area.The company ...[
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New California Charging Hub Will Have 40 Fast Chargers Plus Retail And Restaurant
Posted On: June 13, 2022
Real estate developer LL Development plans to build a public charging hub called The Stack Charge near Baker, California, just off I-15, a primary thoroughfare between Las Vegas and Los Angeles.The Stack Charge will feature elevated retail offerings and quick-service restaurants, outdoor lounge areas, 24/7 restroom facilities, Wi-Fi, and more, says the company. The nearly 2500-square-foot vacant drive-thru retail space will be leased to a quick-service restaurant tenant and upgraded to include an outdoor lounge and waiting area.The company ...[
More]
Tesla Gets Indonesian EV Plant Proposal
Posted On: June 13, 2022
Indonesia continues to woo Tesla with a proposal for an E.V factory with an annual production capacity of 500000 cars.Last Thursday, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan said the government suggested that Tesla build a plant near Batang Regency in Central Java province, where it can get a steady supply of electricity from renewable sources.The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their ...[
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Tesla Gets Indonesian EV Plant Proposal
Posted On: June 13, 2022
Indonesia continues to woo Tesla with a proposal for an E.V factory with an annual production capacity of 500000 cars.Last Thursday, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan said the government suggested that Tesla build a plant near Batang Regency in Central Java province, where it can get a steady supply of electricity from renewable sources.The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their ...[
More]
Tesla Giga Berlin is Producing Nearly 1000 Vehicles Per Week
Posted On: June 13, 2022
Elon Musk recent sent an email to Tesla employees, congratulating them for their hard work this year. His email contained some updates on each Tesla Gigafactory, including Giga Berlin.According to Elon Musk, the Berlin factory produced almost 1000 cars last week, a notable achievement as Tesla tries to ramp production in Europe. Drone operators @wolfpackberlin shared a picture of Tesla bringing an extended robot arm into the factory, which may be for a second assembly line.Giga Berlin has an estimated annual output of 500000 vehicles per year i...[
More]
Tesla Giga Berlin is Producing Nearly 1000 Vehicles Per Week
Posted On: June 13, 2022
Elon Musk recent sent an email to Tesla employees, congratulating them for their hard work this year. His email contained some updates on each Tesla Gigafactory, including Giga Berlin.According to Elon Musk, the Berlin factory produced almost 1000 cars last week, a notable achievement as Tesla tries to ramp production in Europe. Drone operators @wolfpackberlin shared a picture of Tesla bringing an extended robot arm into the factory, which may be for a second assembly line.Giga Berlin has an estimated annual output of 500000 vehicles per year i...[
More]