By Alan Ohnsman Rivian, the most funded start-up electric vehicle company in U.S. history, continues its rally in the stock market after its debut on the Nasdaq dashboard a few days ago – with the result that the company from Irvine, California has already won the title of the third most valuable car in the […]
Tag: Tesla
This is already dangerous: Tesla cars have a serious problem with frequent sudden braking for no reason
Tesla appears to be having a massive problem with false braking systems on its electric vehicles. There are more and more complaints on the network about dangerous cases of sudden braking when using the autopilot. Complaints have surfaced in a particularly notable number after recent software updates in the past few weeks. Tesla released a […]
JP Morgan: Sues Tesla for $ 162.2 million warrants
JP Morgan Chase & Co. sues Tesla for $ 162.2 million, accusing electric car company Elon Musk of “gross” breach of a stock warrants deal after price increase of its share. According to the complaint filed in the federal court of Manhattan, Tesla in 2014 sold warrants to JP Morgan, which they would pay if […]
Tesla installs Starlink satellite dishes at Supercharger charging stations
Tesla has begun installing Starlink antennas at Supercharger charging stations in an effort to offer owners fast satellite internet while charging their electric vehicles. Of course, Superchargers allow Tesla EVs to recharge faster than other stations. But Tesla owners still often spend more than 30 minutes at stations. Usually, this time is spent eating a […]
Elon Musk hasn’t done this since 2016: he sold $ 7 billion worth of Tesla shares
Tesla CEO Elon Musk continues to sell shares: he put up another 1.2 million shares for sale, receiving more than $ 1.2 billion for them. Prior to that, Musk sold 4.434 million shares on November 9 and 10 for an estimated $ 5 billion. On November 11, Musk sold 639,737 shares for approximately $ 680 […]
Elon Musk: Sells $ 1.2 Billion More Tesla Shares
According to CNBC, the news became known after the announcement of the financial statements on Friday night. Musk has owned more than 166 million Tesla shares since the sale. In the past week, Musk has sold shares of his company, valued at $ 6.9 billion. Some of these shares were sold to meet tax liabilities […]
USB connectors disappeared in Tesla electric vehicles
Tesla car buyers have begun to complain online about a strange phenomenon – in the past few days, new Tesla Model 3 and Model Y electric cars delivered to owners have been found without USB connectors. More precisely, the necessary holes in the panels are available, but they are not connected and remain just holes. […]
Tesla: ‘Dive’ 15.4% per week – Worst performance in 20 months
Tesla shares fell 15.4% in the week after today’s closure of Wall Street, in the wake of stock sales by the company’s CEO, Elon Musk. The decline is the worst weekly performance of the Tesla stock in the last 20 months and the worst performance in its history, except for the declines that occurred in […]
Elon Musk sold additional Tesla shares worth about $ 687 million.
Tesla CEO Elon Musk re-sold shares of the company worth about $ 687 million, following previous sales, according to The Wall Street Journal. In particular, according to financial statements released on Friday, Musk sold 639,737 shares of Tesla on Thursday. The shares traded at prices between about $ 1,056.03 to $ 1,104.15, according to deposits. […]
Tesla had 5 co-founders – But only two really got rich
By Alan Ohnsman One afternoon in July 2006, then-new electric car company Tesla held a press conference at a Santa Monica airport hangar to present its groundbreaking electric car, a $ 100,000 two-seater convertible that few automakers have many chances of success. Martin Eberhard, the then-bold and technology expert at the company, declared that the […]