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Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Inc. (NASDAQ: TSLA) shares rose by over 7 percent during Tuesday’s pre-market hours after the electric vehicle manufacturer reported stronger than expected first quarter vehicle production numbers.In the first quarter, Tesla produced 34,..

Elon Musk Plans for Electric Pickup Truck

Elon Musk Plans for Electric Pickup Truck

After Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA), had posted a tweet asking what the company can improve upon, a user responded asking for an electric pickup truck. Musk had told the user that he “promises” to make one right after the M..

Apple Receives Lawsuits over Slowing Down Phones

Apple Receives Lawsuits over Slowing Down Phones

Apple Inc. (NASDAQ: AAPL) is being sued after it had admitted to slowing down older iPhone models to preserve battery life.Apple said it used algorithms in order to keep older iPhone models running at an efficient pace to extend the battery life or ..

Tesla acquires Perbix to ramp up Model 3 production

Tesla acquires Perbix to ramp up Model 3 production

Tesla Inc. (NASDAQ: TSLA) has been facing serious drawbacks in its Model 3 production, as the company failed and produced under 80 percent what it had promised for the third quarter. Tesla only deployed 222 Model 3 vehicles in the third quarter.The ..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla Shares fall after Jefferies’ Analyst Downgrade

Tesla, Inc. (NASDAQ: TSLA) fell Tuesday, reaching a low of day of $373.57 as Jefferies analyst, Philippe Houchois downgraded Tesla, giving the company an “under-perfor” rating. “Achievements to-date and vision are impressive, ..

Tesla Wirelessly Upgrades Florida Residents Vehicles’ Range to escape Irma

Tesla Wirelessly Upgrades Florida Residents Vehicles’ Range to escape Irma

In wake of the hurricane Irma, millions of South Florida residents evacuated the region causing traffic jams on major highway routes out of the state. Drivers with gas powered cars faced hours of waiting and elevated prices for gas due to hurricane ..