Matthew Green and Simon Jessop have a great story at Reuters about the future of the global oil market: Oil companies may be facing uncertainty as the coronavirus pandemic triggers a collapse in demand for their products, but auto makers are betting the crisis will help accelerate an electric future. Reuters This is a little […]
The FSD price will continue to rise as the software gets closer to full self-driving capability with regulatory approval. It that point, the value of FSD is probably somewhere in excess of $100,000. — Elon Musk (@elonmusk) May 18, 2020 Well, looks like I’ll be ordering my Model 3 Performance on June 30. If I […]
We’ve known since early February that Austin, Texas is a top contender for the new Gigafactory America. In addition to producing batteries, the new centrally located American factory will build Model Y for the East Coast this year, and Cybertruck next year. Tesla CEO Elon Musk announced that Austin would be a contender on February […]
Well, Battery Day keeps getting pushed out. For all the people dying to hear Tesla’s plan to scale battery production from tens to thousands of GWh a year, this is pretty lame. Luckily, Norihiko Shirouzu and Paul Lienert have an amazing exclusive over at Reuters that might help connect some dots for us ahead of […]
No more cheap UberPool rides for now: Uber Technologies Inc on Tuesday began suspending shared rides on its ride-hailing platform in the United States and Canada to limit the spread of the coronavirus. Reuters “Our goal is to help flatten the curve on community spread in the cities we serve” Andrew Macdonald, SVP Uber Rides […]
Rodrigo Orihuela brings some much welcome good news from Spain: Spain’s securities regulator banned short selling for a month in an attempt to shield local stocks from the volatility caused by the coronavirus outbreak. Bloomberg Makes sense that they don’t want opportunists trying to make money off this emergency. When that happens, you have people […]
UPDATE: NHTSA has concluded their investigation and determined that the short seller’s motor vehicle defect petition had no merit. When news broke three days ago that NHTSA was investigating a motor vehicle defect petition submitted against Tesla for “sudden unintended acceleration”, I knew immediately that it was a frivolous complaint submitted by Tesla short-sellers. The […]
Autoline is out with a new episode that’s all about the tooling cost on the Cybertruck. Check it out if you haven’t yet:
As the fear, uncertainty and doubt arrising from a massive social media disinformation campaignagn aginast Tesla hit fever pitch last year, Morgan Stanley analyst Adam Jonas started to get worried. He definitely didn’t want to look like an idiot and set an unrealistic price target for Tesla… so he had a bright idea. In May […]
Devoted Whole Mars readers may remember our story from just last week revealing that noted Tesla short-seller Mark Spiegel had covered half of his Tesla short position. After devastating losses in December, Mark reduced his Tesla short from 20% to 10% of his portfolio. We received many comments from readers who were scratching their heads […]
