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Porsche Beats Tesla’s (TSLA) Nürburgring EV Lap Record by Almost 2 Seconds

August 10, 2022 3:28 PM EDT

Porsche announced Wednesday its all-electric Taycan Turbo S sedan has broken the Nürburgring Nordschleife lap record for EVs with a time of 7:33. The previous record was held by Teslas (NASDAQ: TSLA) Model S Plaid at 7:35.57.

The record lap was set... More

Tesla (TSLA) Trades Down Pre-Market Following Sales Decline in China

August 9, 2022 7:24 AM EDT

Electric vehicle giant, Tesla (NASDAQ: TSLA) is down slightly in pre-market trading after the China Passenger Car Association (CPCA) reported a steep decline in July sales.

Tesla sold 28,217 China-made cars last month, bringing the companys share in Chinas new energy vehicle market down 2.2% year-over-year to... More

Ontario Lobby Activity Indicates Tesla (TSLA) Gigafactory is Coming to Canada

August 8, 2022 1:33 PM EDT

According to a lobbying disclosure acquired by "Electric Autonomy Canada", electric vehicle company, Tesla (NASDAQ: TSLA) is lobbying the Ontario government for a potential new factory. In Canada, companies must disclose all their lobbying efforts with the government.

Tesla made a disclosure last month, outlining a new objective, which partially read:

Engage with the government and its agencies to identify opportunities for industrial and/or advanced manufacturing facility permitting reforms with the intent to increase the competitiveness of Ontario and its ability to... More