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Tesla (NYSE: TSLA) is under investigation for a fatal collision in February when a Model S car collided with a stationary firetruck. Separately, regulators are investigating its Model Y over a potential issue related to the steering wheel. In February, a TSLA Model S collided with a stationary firetruck. While it is not known whether…
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Tesla (NYSE: TSLA) has recalled 362,758 vehicles due to safety concerns over the FSD (full-self driving) software. The recall comes days after Dawn Project ran a commercial during the Super Bowl criticizing the FSD. Tesla vehicles come with Autopilot which is the standard driver assistance system. In addition, Tesla offers what it calls FSD for…
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Tesla stock started 2023 on a negative note and fell to a new multi-month low on the first day of the year. It has since rebounded amid the broader market recovery. The company’s CEO Elon Musk is meanwhile defending his controversial 2018 tweet about taking Tesla private. In 2018, Musk infamously tweeted that he is…
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Tesla (NYSE: TSLA) stock had a horrid time in 2022 and continues to look weak in 2023 as well. However, TSLA bulls are not too perturbed and see the stock rising sharply from the current price levels. Last year, Tesla stock crashed 65%. The sell-off only intensified in December and it was the worst month…
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Tesla (NYSE: TSLA) and Chinese EV (electric vehicle) companies have reported their delivery update. BYD outsold Tesla in 2022 and narrowed the gap in BEVs (battery electric vehicles). While Chinese EV companies release their delivery reports on a monthly basis, Tesla does it after every quarter. In the fourth quarter of 2022, Tesla delivered 405,278…
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Tesla (NYSE: TSLA) CEO Elon Musk has confirmed that he would step down as Twitter chief after the majority of respondents in a Twitter poll voted in favor of him stepping down. Tesla stock is among the biggest wealth creators of the last decade. It gained a whopping 740% in 2020 and another 50% last…
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Tesla stock (NYSE: TSLA) is trading sharply lower in US premarket price action today after it released its third-quarter earnings. The company’s revenues fell short of analysts’ estimates and it trimmed its 2022 delivery forecast. Tesla reported revenues of $21.45 billion in the third quarter of 2022, which was 56% higher than the corresponding period…
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Tesla stock is trading higher today after the company’s second-quarter earnings came in better than expected. While the company’s CEO Elon Musk had previously warned of a “tough quarter” the actual results were much better than feared. Tesla reported revenues of $16.93 billion which were below the $17.1 billion that analysts were expecting. The company’s…
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This week, several tech companies are reporting their earnings starting with Netflix on Tuesday. Tesla would release its earnings on Wednesday while Twitter on Friday. Twitter has sued Tesla’s CEO Elon Musk after the world’s richest person backed out of his $44 billion deal to acquire the social media company. Musk claims that the number…
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TeslaCoin is making the headlines as an altcoin (TES) and a crypto investment platform. Unlike most altcoins, TeslaCoin is unique since it allows investors to make money in its private sale. Upon registration, the user must deposit a minimum possible amount of $250, converted into TES and traded against the major cryptocurrency. After funding the…
