Tesla's Full Self-Driving (FSD) software package has been gaining popularity, especially after the Cybertruck reveal. Analysts predict that the company will soon see nearly $1 billion in deferred revenue from FSD over the next year. Recently, Tesla recognized $326 million from FSD in the past quarte
Imagine a world where robots outnumber humans. That's what Elon Musk, CEO of Tesla, thinks might happen in as little as 20 years. Speaking at an event in Saudi Arabia, he said humanoid robots could reach 10 billion globally by 2040. That's a lot of robots! Tesla's own robot, Optimus, could cost betw
Polestar EV owners in North America have exciting news. The company has announced that their cars can now use the Tesla Supercharger network across the US and Canada. Starting today, owners can purchase an adapter from any Polestar Service Point to make this happen. This $230 adapter will be deliver
Electric vehicles (EVs), especially those from Tesla, often come with a hefty price tag. But Tesla has been promising a more affordable option for years. In their recent quarterly report, they reiterated that plans are in motion to launch such a vehicle in the first half of 2025. This comes after di
Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom
Tesla, Inc. (NASDAQ: TSLA) saw its stock jump after hours on Thursday as the electric vehicle (EV) giant revealed better-than-expected earnings per share (EPS) and profit margins. This good news calmed down worried investors who had been questioning the company's performance lately. In a recent disc
Investors had a rollercoaster day as the Dow Jones Industrial Average plunged over 200 points, while the Nasdaq Composite Index soared. This happened because Tesla's earnings report was a pleasant surprise. Tesla's stock jumped by 20% after the company announced better profits than expected. This is
Elon Musk, Tesla's CEO, recently said a $25, 000 car with a steering wheel and pedals is "pointless. " But why the change of heart? Let's dive into the story. In 2020, Musk talked about a $25, 000 Tesla at the Battery Day event. He said new battery tech would make this possible in three years. But
Tesla and Elon Musk have found themselves in hot water again. This time, it's not about electric cars but an image they used to promote their new self-driving taxi. Alcon Entertainment, the producers of "Blade Runner 2049, " allege that Tesla copied an iconic scene from the movie without permission.
Elon Musk, the CEO of Tesla, saw his net worth jump by a whopping $26 billion in just one day. This massive increase came after Tesla’s stock had its best day since 2013, making Musk even wealthier. He now has an estimated net worth of $269 billion, which is more than $50 billion more than his frien
