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Nov 17 2024TECHNOLOGY

Tesla's Big Battery Bet: Will the 4680 Project Succeed?

The world's top EV battery maker, CATL's Robin Zeng, has some doubts about Tesla's 4680 battery project. He thinks it might not live up to expectations. These special batteries, named after their size (46mm by 80mm), were supposed to be a game-changer. Tesla said they'd have five times the energy an

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Nov 07 2024BUSINESS

Wild Market Swings: A Look at Stock Futures and Election Impact

Before the sun even rose on Wednesday, U. S. stock futures were painting a dramatic picture. The Dow Jones Industrial Average futures jumped by over a thousand points, or 3. 2%, while the S&P 500 and Nasdaq futures weren't far behind, rising by 2. 3% and 1. 7%, respectively. What triggered this sudd

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Nov 07 2024BUSINESS

Tesla's Stock Skyrockets After Trump's Win, But What's Next?

On Wednesday, Tesla shares jumped by a whopping 14% after Donald Trump won the presidential election. Elon Musk, Tesla's CEO, had openly supported Trump's campaign, even donating millions to a pro-Trump political action committee. But why did Tesla's stock surge? Some investors think Trump's policie

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Nov 07 2024BUSINESS

Markets Celebrate Trump's Win: Companies Linked to Him Gain

In the aftermath of Donald Trump's election victory, stocks and assets tied to him are seeing a notable boost. Trump Media and Technology Group, owner of Truth Social, witnessed a 3. 5% increase in its stock value on Wednesday. Tesla, the electric vehicle company led by Elon Musk, who actively suppo

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Nov 07 2024BUSINESS

Tesla's Stock Surges: What Trump's Win Means for Elon Musk

Tesla’s stock rose sharply on Wednesday, with investors believing that the company and its CEO, Elon Musk, will benefit from Donald Trump's return to the White House. Under a Trump administration, Tesla might gain an edge over smaller competitors if subsidies for electric vehicles (EVs) decrease. Tr

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Nov 06 2024BUSINESS

Elon Musk's Big Bet on Trump: What's Next?

Elon Musk has put a lot of money and effort into supporting Donald Trump's presidential campaign. With Trump's win, it's worth looking at what this means for Musk and his companies, especially Tesla. Musk has donated almost $119 million to a political action committee backing Trump. On the plus side

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Nov 06 2024FINANCE

Tech Boom on the Horizon, No Matter Who Wins the Election

ARK Invest's CEO, Cathie Wood, is confident that the next U. S. president will be friendly to tech innovation, regardless of whether it's Trump or Harris. She sees a coming boom due to reduced regulations, a view shared by both candidates, according to Wood. The firm's ARK Innovation ETF (ARKK) is u

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Nov 06 2024BUSINESS

Insuring Your Tesla: Top Budget-Friendly Providers and Tips to Know

Driving a Tesla is exciting, but the insurance costs can be a surprise. Luxury cars like Teslas come with higher insurance premiums due to their high repair costs. On average, insuring a Tesla can cost 59% more than the national norm. However, there are ways to find affordable insurance tailored to

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Nov 06 2024POLITICS

Tesla Shares Soar: Musk's Trump Ties Boost Investor Confidence

In the night hours, Tesla's stock prices took a leap, thanks to investors' belief that a potential Donald Trump win could benefit Elon Musk, a major supporter and the CEO of the electric car company. The shares saw an 8% increase on the Robinhood trading platform. Musk, who founded both SpaceX and T

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Nov 05 2024TECHNOLOGY

No Crash Here: Tesla Cybertruck Photo is Fake

Have you seen a picture online showing two Tesla Cybertrucks in a big crash? Don't believe it! The image is not real. It was created using AI. Here's what happened. In November 2024, someone shared a photo on a social media site. They said it showed two Tesla Cybertrucks in a crash. Many people saw

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