Tesla continues at the ‘speed of Elon’ with Gigafactory Texas’ new hiring ramp Tesla’s tendency to experience delays with the rollout of its vehicles and features have fostered the term “Elon Time,” which humorously refers to the CEO’s habit of being overly-optimistic with his target timeframes. But with the company hitting its rhythm with the…
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Rivian Retaliates With Lawsuit Against Tesla, Says Its Reputation Was Affected
Tesla wants to take Rivian to court on claims that the latter obtained trade secrets by hiring former Tesla employees, but Rivian is now fighting back.
Tesla lawsuit defendant fires lawyers after TSLA short financing is revealed
Tesla lawsuit defendant fires lawyers after TSLA short financing is revealed Tesla’s lawsuit against former employee Martin Tripp has taken an unusual turn. After publishing a large number of documents and videos online over the last week, including many under a confidentiality order in the case, Tripp has now fired his lawyers and will represent…
SpaceX’s historic Crew Dragon spacecraft returned to dry land for reuse
SpaceX’s historic Crew Dragon spacecraft returned to dry land for reuse Five days after becoming the first private spacecraft to successfully launch and land astronauts, as well as the first crewed spacecraft to land in the Gulf of Mexico, SpaceX safely returned historic Demo-2 Crew Dragon to dry land. After a brief night in a…
Tesla’s upgraded big battery at Hornsdale exhibits record performance in final tests
Tesla’s upgraded big battery at Hornsdale exhibits record performance in final tests Tesla’s big battery in South Australia, the Hornsdale Power Reserve, recently hit another milestone as it entered the final testing phase of its recent expansion. With such performance, it appears that Tesla’s Powerpack farm, currently one of the world’s largest battery installations, will…
Tesla Announces a Five-for-One Stock Split
PALO ALTO, Calif. , Aug. 11, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors.
Tesla (TSLA) declares five-for-one stock split
Tesla (TSLA) declares five-for-one stock split Tesla (NASDAQ: TSLA) has announced that its Board of Directors has approved a 5:1 split for the company’s common stock in the form of a dividend. The move will make the ownership of TSLA stock more available for both employees and investors alike. The electric automaker stated that each…
Why Tesla shouldn’t worry about Lucid’s 517-mile range
Why Tesla shouldn’t worry about Lucid’s 517-mile range The Tesla Model S is no longer the highest estimated range EV on the market, and the Lucid Air is. After the latter company revealed that the Air, its first model, has an EPA-estimated range of 517 miles, it opened doors for Lucid to become a real…
China: Tesla MIC Model 3 Sales Stay Strong In July 2020
No change in July. Tesla Model 3 production and sales are still high in China.
SpaceX Starship prototypes swap places for next hop test
SpaceX Starship prototypes swap places for next hop test SpaceX is swapping two almost identical Starships to allow for the first flight-proven prototype to be repaired while wasting no time preparing for the next Starship hop test. Known as Starships serial number 5 and 6 (SN5/SN6), the twin prototypes were built more or less simultaneously…