Tesla’s market cap surpasses $1 trillion for the first time

Following Hertz’s announcement that they would be ordering 100,000 Tesla EVs for their rental lineup, Tesla (TSLA) shares rocketed up past $1,000. Tesla is coming out of one of their best quarters ever and continues to take over the electric auto market with unbridled ferocity. The Tesla Model 3 has already become the single best-selling …

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Hertz invests in record-setting 100,000 Tesla order, launches new campaign with Tom Brady

Placing an order for 100,000 Teslas earlier this morning, car rental company Hertz is now on the path to lineup-wide electrification. Hertz is also launching its new “Hertz, Let’s Go” campaign, emphasizing how quickly customers can access a rental Tesla. The company aims to have the entire Tesla order completed and delivered by the end …

Read moreHertz invests in record-setting 100,000 Tesla order, launches new campaign with Tom Brady

Tesla aims to triple its Supercharger network within the next two years

Tesla has announced that they intend to triple the size of their Supercharger network within two years. The topic came up during their Q3 2021 earnings call. Investors inquired about the prevalent congestion issues when it comes to Tesla Superchargers stationed around the world. Read more: Tesla Model Y: Everything you need to know The …

Read moreTesla aims to triple its Supercharger network within the next two years

Tesla testing new Cybertruck prototypes, vehicle could arrive earlier than expected

Mere days after removing the Cybertruck’s pricing and specifications from its website, Tesla has announced that they are testing new Cybertruck prototypes. During its Q3 earnings release, Tesla was approached about the status of their upcoming Cybertruck. To this, the company confirmed that they have built a number of alpha Cybertruck prototypes and are currently …

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Tesla removes Cybertruck prices and specifications from official website

Tesla has updated their Cybertruck page and removed all previously detailed Cybertruck prices and specifications.  For those unaware, the Cybertruck side of their site used to outline three different variants of the electric automaker’s light-duty truck.  Read more: Tesla Cybertruck: An intriguing electric pickup with a long ways to go Where did you come from, where …

Read moreTesla removes Cybertruck prices and specifications from official website

Tesla making solar roof installations available all across the United States

Until recently, Tesla has only been supporting installations of their solar roof tiles in select locations within the US. These locations have historically been close to Tesla Energy warehouses.  Now, it seems like the company is ready to start bringing their services to the rest of the country’s residents.  According to Electrek, Tesla has opened …

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Tesla bumps up prices on Model 3 and Model Y in overnight update

If you thought Tesla was done raising the prices of their vehicles, you would be mistaken. In an overnight website update implemented between October 5 and October 6, Tesla upped the prices on the Model 3 and Model Y. As things currently stand, demand for Tesla’s electric vehicles significantly exceeds supply. With Tesla suffering from …

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Tesla must pay ex-contract worker $137 million due to racism, hostile environment

  Tesla is finding out just how costly a hostile work environment can be. After failing to mitigate acts of racial inequality and discrimination at their factory in Fremont, CA between June 2015 and May 2016, the automaker now owes former contract worker Owen Diaz $130 million in punitive damages and $6.9 million for emotional …

Read moreTesla must pay ex-contract worker $137 million due to racism, hostile environment