The battery backup Elon Musk built to win a bet has saved South Australia tens of millions of dollars.The record-setting “battery” is made of Tesla PowerPacks and helps stabilize the local grid.Rural South Australia experiences bad b…
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Month: March 2020
Coronavirus will wreak havoc on Tesla this spring but the pain will end: top analyst
Stick with Tesla because the next several years may look far different than a first quarter hammered by the aftershocks of the coronavirus. Tesla (TSLA) bull Dan Ives of Wedbush Securities concedes the first quarter will likely be a nightmare for the electri…
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Tesla Marks Milestone As Threats Gather
Some 12 years and one month ago, Tesla CEO Elon Musk delivered the firm’s first electric vehicle… to himself. Fast-forward to today, and electric vehicle are sprouting from automakers the world over â including the “legacy” automakers Teslaphiles so often d…
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Why Tesla Stock Jumped Tuesday
What happened Shares of electric-car company Tesla(NASDAQ:TSLA) jumped on Tuesday, rising as much as 9.9%. As of 2:50 p.m. EDT, the stock had settled to a 4.9% gain. The move was likely fueled by combination of a gain in the overall market following a huge …
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Tesla Has Now Made 1 Million Cars, Elon Musk Tweets
Late Tuesday, CEO Elon Musk tweeted that Tesla(NASDAQ:TSLA) had made its 1,000,000th car. This news comes as the electric vehicle maker is dealing with the COVID-19 outbreak that caused car sales in China to plunge 80% in February. Tesla opened its new Giga…
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