Tesla Stock News

Tesla Inc (NASDAQ: TSLA ) has delayed bond offerings of more than $1 billion backed by its electric vehicle leases, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. What Happened: The Elon Musk -led EV maker is the third company in a week to have pulled asset-backed bond … Full story available on Benzinga.com

Tesla Inc (NASDAQ: TSLA ) has started using new parameters such as wind, air density and humidity to calculate more accurate trip ranges on its electric cars, automotive news site Electrek reported on Wednesday. What Happened: The new range calculation is possibly being tried out only in China for now before a wider rollout, according to Electrek, which cited tweets from a popular hacker named "Green", who has over 47,200 followers. The interior cabin radar finally … Full story available on Benzinga.com

A Tesla ADAS (Advanced Driver Assistance Systems) Operator who also ran a YouTube channel reviewing the company’s Full Self-Driving (FSD) Beta software has been fired. Known as ‘AI ADDICT’ on YouTube, John Bernal first joined […] The post Tesla fires ADAS Test Operator who also operated ‘AI ADDICT’ YouTube channel appeared first on Drive Tesla .

Tesla CEO Elon Musk is resigning from the board at talent agency Endeavor Group Holdings (EDR), Endeavor disclosed Wednesday in its annual report

Tesla''s most affordable car is only getting more expensive, while other electric vehicles sold as long as it have dropped in price.

As of Tuesday, at least 28 provinces and regions in the country have reported new cases of the coronavirus, most of them from the BA.2 version of the omicron variant. More than half of the new cases were in the northeastern province of Jilin, where officials said they had enough medical supplies for only two or three days. China is particularly vulnerable to the rapidly spreading omicron. Although more than 85% of the population has been vaccinated, Chinese vaccines have not been shown to be effective against the variant, compared to mRNA vaccines – such as Pfizer-BioNTech and Moderna – used elsewhere, which are still in production and not yet available in the country. The story continues below the ad The elderly population in China is particularly at risk. More than 50 million people in the country over the age of 60 have not been fully vaccinated, according to a National Health Commission briefing on Tuesday, raising fears that if the outbreak is not brought under control, China could suffer the same fate as neighboring Hong Kong.

Following a tour of Tesla Inc''s (NASDAQ: TSLA ) Fremont factory, Morgan Stanley analyst Adam Jonas came away confident of the company''s ability to emerge unscathed from the Ukraine crisis-induced raw materials shortages. What Happened: Tesla has long-term contracts in place that will act as a hedge against any hike in raw material prices, Jonas said. The impact of commodity pressure was already evident in the EV maker''s fourth-quarter results, the analyst noted. He therefore doesn''t expect any sudden impact to margins from the price increases. "In addition, as we start to lap periods of higher prices from September last year and only recently this week after layering in further price increases, this will more than positively offset any headwinds in later quarters," Jonas said. Tesla, the analyst said, is not worried about nickel, … Full story available on Benzinga.com

Tesla Halts Gigafactory Shanghai For Two Days Amid COVID Surge Tesla, Inc. shuttered its massive Gigafactory Shanghai for two days as Chinese officials scrambled to contain one of the country''s worst outbreaks of COVID-19 since the early days of the virus pandemic, Reuters reported Wednesday, citing a notice sent internally and to suppliers. Gigafactory Shanghai, also known as Gigafactory 3, halted all production lines, making Model 3 sedans and Model Y crossovers. There was no reason given for the stoppage at the plant. According to China Passenger Car Association data, the factory delivered 56,515 vehicles in February and produced 2,000 cars a day. The notice didn''t specify whether Tesla will increase future capacity to make up for the lost output when operations restart. China''s zero-tolerance approach has shuttered factories and placed some 51 million people into some form of lockdown in other cities. Shanghai has yet to declare a citywide lockdown but has closed some neighborhoods, shopping districts, and industrial parks and encouraged workers to remote work from home.

Drivers with Tesla''s "full self-driving" software often don''t know what their cars will do next.

The German manufacturer''s brands like Porsche have many electric models that appeal to consumers

Wild trading, due to a plethora of issues, has made it nearly impossible to track valuation of electric-vehicle stocks. Investors need to reset their expectations.

Bernal was fired and lost beta access after video review showed a minor collision.

Tesla''s plant in China accounted for more than half of the 936,000 vehicles the company delivered in 2021.

That''s an excellent question. Next question, please.

The maker of the Mustang Mach-E stands out from its rivals in the face of soaring prices for raw materials.