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Tesla's Triumph in Florida's Direct-Sale Ban
Tesla

Tesla’s Triumph in Florida’s Direct-Sale Ban

Florida Governor Ron DeSantis recently enacted legislation that further reinforces the prohibition on direct-to-consumer car sales. However, a distinct exception has been made for Tesla. The law, known as HB 637, restricts any automaker that has ever operated through a franchise in Florida from directly selling their vehicles to consumers. Interestingly, this doesn’t apply to…

Recall Unveils Tesla's Semi Production Puzzle
Tesla

Recall Unveils Tesla’s Semi Production Puzzle

Tesla is back in the news again, this time for issuing a new voluntary recall for its Semi model. This isn’t a significant concern, though. It’s just a software update meant to fix a glitch with the side door warning system. Earlier this year, Tesla reportedly had its first Semi recall in March, linked to…

Tesla's Charging Network Becomes Gold Standard
Tesla

Tesla’s Charging Network Becomes Gold Standard

The tables are turning in the EV charging world as major car manufacturers General Motors and Ford have opened up to Tesla’s charging network. This move could set Elon Musk’s brainchild’s superchargers as the new industry standard. Tesla’s North American Charging Standard (NACS) is much more available and dependable than its competitor, the CCS network,…

Tesla's Value Skyrockets on Robo-Taxis Promise
Tesla

Tesla’s Value Skyrockets on Robo-Taxis Promise

RBC Capital Markets analysts predict a potential leap of over $150 billion in Tesla’s market value, spurred by the rising demand for robo-taxis. The self-driving taxi, which may drastically change society, could constitute over 70% of the electric vehicle titan’s future worth. Tom Narayan and his team at the Canadian bank have increased Tesla’s share…

Honda and GM’s Abrupt Halt: A Shakeup in the Electric Vehicle Market - GM General Motors Faces Challenges in Electric Vehicle Production - US Races to Second Place in Global EV Market
Tesla

US Races to Second Place in Global EV Market

In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79 percent compared to the previous year, pushing the US ahead of Germany in EV adoption.…

Tragic Tesla Crash: Grieving Widow Files Lawsuit Over Deadly Model 3 Blaze - Tesla Eyes India for New Electric Venture - Tesla's Charging Empire Could Supercharge Shares
Tesla

Tesla’s Charging Empire Could Supercharge Shares

Morgan Stanley has done the math on Tesla’s plan to open its Supercharger network to other automakers, a move that could transform the electric vehicle maker into the future’s dominant “filling station.” The analysis takes into account Tesla’s unique combination of renewable energy, large-scale storage capabilities, and its groundbreaking Supercharger business. Analyst Adam Jonas and…

Tesla in the Spotlight: Justice Department Probes and Future Plans
Tesla

Tesla’s Direct Sales Ambition Blocked in Louisiana

Tesla’s mission to overturn Louisiana’s ban on direct car sales suffered a setback when a federal court dismissed the electric car maker’s complaint, reports Reuters. Tesla had taken legal action against Louisiana’s rule that prevented it from selling its vehicles directly to customers, claiming the policy to be protectionist and anti-competitive. The court’s decision comes…

Tesla

Tesla’s Winning Streak Echoes in EV Startups

Electric Vehicle (EV) startups such as Nikola and Lordstown Motors are racing ahead, leaving a blazing trail on the stock market. Without an obvious reason or catalyst, these startups, often struggling with cash, are recording considerable weekly gains. Many attribute this to a potential squeeze in the high-profile, shorted stocks. Nikola, which has seen its…

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