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HomeTesla

Tesla

Electric Vehicles

Tesla To Build Lithium Refinery In Texas The Daily Financial Trends

September 10, 2022 Mariel Alumit

As Tesla looks to secure a reliable supply of lithium for the batteries which power its electric vehicles, the company is examining building a lithium refinery on the Texas Gulf Coast. Texas filed an application […]

Tesla
Electric Vehicles

Tesla considering lithium refinery in Texas, seeks tax relief

September 10, 2022 Mariel Alumit

(Reuters) Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. […]

Tesla
Electric Vehicles

General Motors Just Reentered the Race to Beat Tesla

September 9, 2022 Mariel Alumit

A typical internal combustion engine has around 200 parts that need to be maintained and possibly replaced if they wear out. An electric vehicle takes that number down to around 20. Add to that the […]

Tesla
Electric Vehicles

Tesla Constructs Largest Virtual Power Plant in Japan at Miyako Island by Having Installed 300 Units of Powerwall

September 8, 2022 Mariel Alumit

Tesla has been heavily engaged in battery energy storage systems and virtual power plants (VPP), and has recently installed Powerwall residential battery units at Miyako Island in the hope of building the largest VPP in […]

Goldman Sachs
Finance

Goldman Sachs Sees More Upside To Tesla The Daily Financial Trends

September 8, 2022 Mariel Alumit

As Tesla stock closes out a great summer run, Goldman Sachs analysts are saying the great run may not be over yet. In the last three months, Tesla shares have risen 12%, as the S&P […]

Finance

One Analyst Specializing In Autos Feels GM Is Poised To Be A Tesla-Killer The Daily Financial Trends

August 22, 2022 Mariel Alumit

One Wall Street auto analyst said in a note to clients that General Motors is poised to take over the car industry, even eclipsing EV-leader Tesla. Citi’s Itay Michaeli issued a note where he set […]

Tesla ESG and Musk
Electric Vehicles

George Soros Is Dumping Rivian, Buying Ford And Tesla

August 15, 2022 Mariel Alumit

George Soros is shifting his bets on the future of electric vehicles. Soros, who had been a big investor in nascent startups like Lucid and Rivian, has begun offloading his shares in Rivian, and is […]

Elon Musk
Finance

Elon Musk Announces 500 Mile Semi To Ship This Year, Cybertruck Next Year The Daily Financial Trends

August 11, 2022 Stu Turley

Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will begin next year. Tesla Semis […]

Tesla
Electric Vehicles

Elon Musk Sells $6.9 Billion In Tesla Stock

August 10, 2022 Stu Turley

Regulatory filings revealed Tuesday that Elon Musk offloaded $6.9 billion worth of Tesla stock, the first sale he has made of the automaker’s stock since he pulled out of his attempt to buy Twitter. The […]

hurricane
Climate Crisis

“Imagine a Million Electric Cars Trying to Flee”: Hurrican Survivors Sound Off on Major Problem with EVs

August 4, 2022 Mariel Alumit

Were a hurricane barreling toward you and you needed to escape, would you want a car that could travel hundreds of miles, refill with a few containers of fuel that you carried without much hassle, […]

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