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“#Tesla Model 3 car reportedly explodes in China” A Tesla Model 3 sedan exploded this week in a Chinese parking garage, according to local media reports. The car blew up Tuesday evening in an underground parking garage in a residential community in Shanghai, where Tesla opened a factory in late 2019, multiple Chinese media outlets…
“#Jim Chanos still shorting Tesla, just more cautiously” Jim Chanos still thinks Tesla’s stock is a house of cards, but he’s adjusting his plan to profit from its collapse. The famed short seller told CNBC on Wednesday that he has turned his disastrous, longstanding short bet against Elon Musk’s electric car company into a put…
“#Mercedes-Benz unveils EQA, a compact electric SUV” Mercedes-Benz is looking to muscle in on Tesla’s turf. The German luxury car maker on Wednesday unveiled a new compact electric SUV that it said will go on sale next month at “very attractive price points”. The EQA — described as an “urban entry model” that Mercedes’ board…
“#Tesla files petition over speed-display concern raised by auto safety regulators” Tesla filed a petition with US auto safety regulators saying that 612,000 vehicles produced since 2012 do not fully comply with federal safety standards because displays can be switched from miles per hour to only metric measurements, documents released Friday show. However, the automaker…
“#Feds request Tesla to recall 158,000 cars over display failure concerns” The feds have asked Tesla to recall about 158,000 cars over concerns that their touch-screen displays could fail after a few years. The screens pose a safety risk because they allow drivers to control several key features in Tesla’s Model S sedans and Model…
“#Hyundai says it’s in talks with Apple amid electric car buzz” Apple’s plans to build a “breakthrough” electric car that could compete with Tesla appear to be heating up. South Korean auto giant Hyndai said it’s having early discussions with the iPhone maker on Friday after a local broadcaster reported that the companies were hatching…
“#Tesla market value crosses $800 billion for the first time” Tesla shares jumped as much as 5.6 percent Friday, pushing the electric-car maker’s market capitalization to more than $800 billion for the first time and inching closer to the trillion-dollar club. Tesla’s stratospheric rally has helped Chief Executive Elon Musk surpass Amazon boss Jeff Bezos…
“# Tesla’s crypto-friendly CEO is now the richest man in the world ” Elon Musk, CEO of SpaceX and Tesla, has surpassed the net worth of Amazon founder Jeff Bezos. “Elon Musk has become the world’s richest person, as his net worth crossed $185bn (£136bn),” the BBC reported on Thursday. The futuristic businessman gained staggering…
“# One Bitcoin at $34K now buys one Tesla after Elon Musk has a Dogecoin Christmas ” Bitcoin (BTC) hodlers can now all own a Tesla electric car — as long as they have at least 1 BTC in their wallet. As BTC/USD crossed $34,000 at the weekend and went on to hit $35,600 on…
“#Tesla stock climbs toward new record on strong deliveries” Tesla’s stock price jumped toward a new record early Monday after the company nearly reached its goal of delivering half a million vehicles in 2020. Shares in the electric-car maker climbed about 2.4 percent to $722.32 in premarket trading as of 7:10 a.m., putting the stock…