U.S. senators urge FTC to probe Tesla over self-driving claims
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Tesla (TSLA) Quietly Increases Deposit Prices During AI Day
August 20, 2021 11:39 AM EDTTeslas (NASDAQ: TSLA) CEO, Elon Musk, presented at yesterdays 2021 AI day event. One of the highlights of his presentation involved the companys announcement that it will begin working on humanoid robots for labor purposes. However, while the tech world was focused... More
U.S. Senators Call for Investigation of Tesla’s (TSLA) Advertising Practices
August 18, 2021 5:35 PM EDTFollowing a series of Tesla (NASDAQ: TSLA) crashes, the company has become the subject of an investigation by U.S. safety regulators. U.S. Senators Richard Blumenthal (D-CT) and Edward Markey (D-MA), members of the Senate Commerce, Science, and Transportation Committee, authored a letter to FTC Chair Lina Khan today, voicing concerns surrounding Teslas advertising and marketing of its... More
Tesla (TSLA): Recent Sales and Shipping Data Not Encouraging - GLJ
August 18, 2021 8:34 AM EDTGLJs Gordon Johnson has weighed in on Tesla (NASDAQ: TSLA) to discuss recent sales and shipping data.
Johnson, a Tesla bear, notes that the expected surge in TSLAs NO+NL+SP car sales has NOT happened yet, with Q3 sales in NO+NL+SP through Aug 17 down 58.6% compared to a year-ago period.
By way of background, NO+NL+SP are the... More
Nio (NIO) and Tesla (TSLA) Supplier Bosch China Cuts Off Chip Deliveries
August 18, 2021 7:25 AM EDTDavid Xu, the vice president of Bosch China, released on Tuesday that its semiconductor factory in Muar, Malaysia, was shut down by the government due to pandemic restrictions. The factory is specialized in producing ESP/IPB, VCU, TCU chips.
In China, Bosch supplies chips and car parts to car... More
