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Tesla (TSLA) to build $25k EV at Giga Berlin

November 3, 2023 2:54 PM EDT

Tesla (NASDAQ: TSLA) CEO, Elon Musk visited the company's gigafactory in Berlin Friday where the multi-billionaire gave an update on the plant's aesthetic design and outlined the manufacturing strategy for a forthcoming affordable $25,000 electric vehicle aimed at the mass market.

Musk is known for his frequent visits to Tesla's production plants, where he oversees the progress... More

Morgan Stanley calls Tesla (TSLA) Semi a 'threat' to OEMs worldwide

November 3, 2023 10:07 AM EDT

Morgan Stanley conducted a comparative analysis of the Tesla (NASDAQ: TSLA) Semi and existing heavy-duty BEV trucks. Analysts expect the Tesla Semi to offer a competitive payload, creating a highly efficient, long-range, fast-charging, software-driven Class 8 truck.

This poses a threat to Truck OEMs worldwide, wrote Morgan Stanley analysts in a note. However, they see Volvo as the best protected OEM in this segment.

Volvo... More

Tesla (TSLA) delivers 72K China-made EVs in October; down 2.6% M/M

November 2, 2023 8:37 AM EDT

The China Passenger Car Association, Thursday, released Tesla's (NASDAQ: TSLA) October 2023 delivery results, announcing that the electric automaker delivered 72,115 China-made electric vehicles in the month, down 2.6% M/M.

Sales of China-made Model 3 and Model Y cars edged up 0.6% from a year... More