Tesla

Tesla had a record-breaking 2022. Its revenue grew 51% year-on-year to $81.4 billion in 2022. Read more about TSLA here.

With the financial resources, years of work in this direction, and a history of innovation, we would lean toward it coming to a position to immensely benefit from this technology in the future. Although Tesla enjoys the highest market share in EVs globally, its market share declined in 2022. The base model 3 is available in the market for $42,990. The company has recently released FSD Beta to all customers in US and Canada. This could result in lower growth in deliveries in the initial years. In the last five years, it has grown at a CAGR of 34%. In 2022, BYD held 16% of the market share. This has also encouraged its competitors to do the same. [LI](https://seekingalpha.com/symbol/LI)), XPeng ( [XPEV](https://seekingalpha.com/symbol/XPEV)), and NIO ( [NIO](https://seekingalpha.com/symbol/NIO)) have entered the market. Tesla holds the highest share of the global EV market. It has four electric vehicle models available in the market currently - Model S, Model X, Model 3, and Model Y. The revenue growth was driven by growth in vehicle deliveries and other parts of the business during the year.

The calendar next week includes some wildcards with the potential to jolt key sectors. Tesla (NASDAQ:TSLA) will hold a highly-anticipated investor event, while ...

[TGT](https://seekingalpha.com/symbol/TGT)), Bank of Montreal ( [BMO](https://seekingalpha.com/symbol/BMO)), AutoZone ( [AZO](https://seekingalpha.com/symbol/AZO)), J.M. Carl Icahn and Blackstone ( [BX](https://seekingalpha.com/symbol/BX)) are two prominent investors in FirstEnergy. [TGT](https://seekingalpha.com/symbol/TGT)) will be the headliner in the retail sector next week. See the stocks with the very highest rated [Seeking Alpha Quant Ratings.](https://seekingalpha.com/screeners/96793299-Top-Rated-Stocks) [NAVA](https://seekingalpha.com/symbol/NAVA)) and Japanese asset management platform SYLA Technologies ( [SYT](https://seekingalpha.com/symbol/SYT)) are expected to price their IPOs and start trading next week. The Seeking Alpha Quant Rating on Target ( [TGT](https://seekingalpha.com/symbol/TGT)) is at Hold due to low marks for valuation and growth. The earnings schedule is also active with all Target (NYSE: [TGT](https://seekingalpha.com/symbol/TGT)), Lowe's ( [LOW](https://seekingalpha.com/symbol/LOW)), and NIO ( [NIO](https://seekingalpha.com/symbol/NIO)) all due to report. Watch for potential fireworks with Tupperware Brands ( [TUP](https://seekingalpha.com/symbol/TUP)) Options trading has spiked over the last week on Praxis Precision Medicines ( [PRAX](https://seekingalpha.com/symbol/PRAX)). Contributor [Michael Fitzsimmons](https://seekingalpha.com/article/4581221-what-to-expect-broadcom-upcoming-earnings) called out Broadcom ( [AVGO](https://seekingalpha.com/symbol/AVGO)) for an earnings beat. On Seeking Alpha, contributor [Alpha Sieve](https://seekingalpha.com/article/4581245-target-on-course-to-witness-a-plus-50-percent-drop-in-earnings-yet-again) thinks Target ( [TGT](https://seekingalpha.com/symbol/TGT)) is at risk to see an earnings drop and [Value Pendulum](https://seekingalpha.com/article/4581155-can-rivian-stock-recover-to-50-in-2023) said Rivian Automotive ( [RIVN](https://seekingalpha.com/symbol/RIVN)) is set up for a good year no matter what earnings bring in. [TSLA](https://seekingalpha.com/symbol/TSLA)) will hold a highly-anticipated investor event, while Chevron (NYSE: [CVX](https://seekingalpha.com/symbol/CVX)) and Goldman Sachs ( [GS](https://seekingalpha.com/symbol/GS)) will also hold their annual strategy updates.

Tesla Inc. investor Ross Gerber has dropped his bid for a seat at the electric-vehicle maker's board, saying in a tweet late Friday that he felt...

“Looking forward to what Tesla has to show us next week!” Gerber tweeted, referring to Tesla Inc.

In a tweet earlier today, Ross Gerber confirmed he is no longer pursuing a spot on Tesla's Board of Directors.

[Gerber](https://driveteslacanada.ca/news/ahead-of-teslas-q1-earnings-call-later-this-week-gerber-kawasaki-says-annual-revenue-will-surpass-100b-within-5-years/), through his wealth management firm has a sizeable stake in Tesla. [Hino Motors, A Toyota Group Company, New President](https://humix.com/redirect?url=https%3A%2F%2Fhydrogenfuelnews.com%2Fhumix%2Fvideo%2F5c7ac17165682fd09a387ebf69040f5b3975865c25a4050e3930c85124420095) [Ross Gerber](https://driveteslacanada.ca/news/ross-gerber-is-planning-to-run-for-a-position-on-teslas-board-of-directors/) has announced he is no longer pursuing a spot on Tesla’s Board of Directors.

Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and ...

The governor of the western state of Michoacan wasn’t going to be left out. Together, the two came up with an “alliance” Thursday that would allow trucks from Jalisco preferential use of Nuevo Leon’s border crossing, the same one where a “Tesla” lane appeared last year. Alfredo Ramírez Bedolla quickly posted a mocked-up ad for a Tesla car standing next to a huge, car-sized avocado — Michoacan’s most recognizable product — with the slogan “Michoacan — The Best Choice for Tesla.” “It’s questionable whether it’s actually that economically beneficial to localities or providing those subsidies,” said Abuelsamid. That those companies will now turn to Mexico represents the Latin American country’s biggest foreign investment hope. companies that once manufactured in China but now are leery of logistical and political problems there. “We are two states that do not have to compete and cannibalize each other … That kind of race can be costly. Cuitláhuac García of the Gulf coast state of Veracruz, before quickly adding “gas … And he claimed Veracruz had 30% of Mexico’s water, though the National Water Commission puts the state’s share at around 11%. And there’s no guarantee Tesla will build a full-fledged factory. cities and states vying to win investments from tech companies.

Tesla (TSLA) will hold an Investor Day event on March 1 in what could be one of the key days of the year for the electric vehicle giant.

[Jonathan Weber](https://seekingalpha.com/article/4581458-teslas-investor-day-what-it-means-for-byd-lucid) thinks any developments surfacing from Tesla's Investor Day may present mixed results for EV competitors Lucid Group ( [LCID](https://seekingalpha.com/symbol/LCID)) and BYD Company ( [OTCPK:BYDDF](https://seekingalpha.com/symbol/BYDDF)). "We expect the transition to sustainable energy and the outlook for Tesla's Energy segment to be one of the most prominent parts of the event," previewed the firm. [TSLA](https://seekingalpha.com/symbol/TSLA)) will hold an Investor Day event on March 1 in what could be one of the key days of the year for the electric vehicle giant. Goldman Sachs expects CEO Elon Musk to discuss in broad strokes what is needed for the world to transition to sustainable energy. The third part of Tesla's Master Plan (following Part 1 in 2006 and Part 2 in 2016) will be a major part of the event. The automaker's "generation 3 platform" is anticipated to lead to cheaper electric vehicles in the future, although it is unclear if a new mass-market model will be unveiled.

Consumer advocate and former presidential candidate Ralph Nader called the Tesla CEO a "gigantic corporate welfare king" in a tweet Friday.

Nader, 88, accused Musk of taking "taxpayers to the cleaners for his factories and for Starlink. "In late 2008, I gave Tesla the last money I had. I gave my last money thinking Tesla would probably still die, not thinking that it would be lucrative." "I hope we did you proud." It was not clear why Nader made the accusations about Musk and Tesla. However, Musk did not start Tesla as it [was founded](https://www.businessinsider.com/most-important-moments-tesla-history-2017-2) in 2003 by entrepreneurs Martin Eberhard and Marc Tarpenning.

Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and ...

Together, the two came up with an “alliance” Thursday that would allow trucks from Jalisco preferential use of Nuevo Leon’s border crossing, the same one where a “Tesla” lane appeared last year. The governor of the western state of Michoacan wasn’t going to be left out. Alfredo Ramírez Bedolla quickly posted a mocked-up ad for a Tesla car standing next to a huge, car-sized avocado — Michoacan’s most recognizable product — with the slogan “Michoacan — The Best Choice for Tesla.” “It’s questionable whether it’s actually that economically beneficial to localities or providing those subsidies,” said Abuelsamid. That those companies will now turn to Mexico represents the Latin American country’s biggest foreign investment hope. companies that once manufactured in China but now are leery of logistical and political problems there. “We are two states that do not have to compete and cannibalize each other … That kind of race can be costly. A late-comer to the race, García had to try harder: He noted Veracruz was home to Mexico’s only nuclear power plant. Cuitláhuac García of the Gulf coast state of Veracruz, before quickly adding “gas … And there’s no guarantee Tesla will build a full-fledged factory. cities and states vying to win investments from tech companies.

Mexican governors have gone to loopy extremes, like putting up billboards, creating special car lanes or creating mock-ups of Tesla ads for their states.

The governor of the western state of Michoacan wasn’t going to be left out. Together, the two came up with an “alliance” Thursday that would allow trucks from Jalisco preferential use of Nuevo Leon’s border crossing, the same one where a “Tesla” lane appeared last year. Alfredo Ramírez Bedolla quickly posted a mocked-up ad for a Tesla car standing next to a huge, car-sized avocado – Michoacan’s most recognizable product – with the slogan “Michoacan – The Best Choice for Tesla.” That those companies will now turn to Mexico represents the Latin American country’s biggest foreign investment hope. “It’s questionable whether it’s actually that economically beneficial to localities or providing those subsidies,” said Abuelsamid. companies that once manufactured in China but now are leery of logistical and political problems there. “We are two states that do not have to compete and cannibalize each other … That kind of race can be costly. A late-comer to the race, García had to try harder: He noted Veracruz was home to Mexico’s only nuclear power plant. Cuitláhuac García of the Gulf coast state of Veracruz, before quickly adding “gas … And there’s no guarantee Tesla will build a full-fledged factory. cities and states vying to win investments from tech companies.

After more than eight months of investigating, the Colorado State Patrol has finished its investigation into a May 2022 Tesla crash and subsequent fire in ...

That requires additional thought on how to use the car.” “That is difficult to say because he has a grieving family.” The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla’s automated driving system. They did, however, determine that Von Ohain had a blood alcohol content (BAC) of 0.264, which is more than three times the legal limit. Hans Von Ohain, 33, died at the scene after his 2021 Tesla Model 3 went off the road, slammed into a tree and caught fire. “The driver of the vehicle was under the influence of alcohol, and his driving actions caused his death,” Madden said.

TeslaCam footage shows wrong-way Honda forcing the driver of the brand-new Tesla to swerve right and sideswipe a semi-truck.

Well, some of the commenters argue that he was a bit too close to the trailer in front. While increasing the following distance is always a good idea at high speed and can help prevent crashes, the fact remains that no one expects a wrong-way driver to show up in front of them on the highway. Unfortunately, he sideswiped the front wheel of a UPS semi-truck in the process. As the video taken by the car's cameras shows, everything was going great until a wrong-way driver appeared out of nowhere in front of the Tesla. He preferred to take this road trip in his brand-new car instead of paying $1,400 on shipping fees, but he would end up regretting that decision only hours later. Jeremaine took delivery of the car at 9:30 a.m.

Making batteries for electric vehicles is finicky work. More Americans will be doing it in the years ahead, thanks to federal incentives enticing companies ...

Vietnam’s Vinfast [will make EV batteries](https://vinfastauto.us/newsroom/press-release/vinfast-to-build-ev-factory-in-north-carolinahttps://vinfastauto.us/newsroom/press-release/vinfast-to-build-ev-factory-in-north-carolina) and vehicles in North Carolina. In December, [Hyundai](https://fortune.com/company/hyundai-mobis/) and [SK](https://fortune.com/company/sk-holdings/) announced a similar tie-up in Georgia. [Honda](https://fortune.com/company/honda-motor/) and [LG](https://fortune.com/company/lg-electronics/) [announced](https://global.honda/newsroom/news/2023/c230113beng.html) a joint venture to build such a facility in Ohio. GM and LG are [developing](https://www.cnbc.com/2023/01/20/gm-lg-indefinitely-shelve-plans-for-fourth-us-battery-cell-plant.html) new EV battery plants, with one already operating in Ohio. Panasonic itself [started building](https://na.panasonic.com/us/news/panasonic-energy-breaks-ground-ev-battery-factory-kansas) another EV battery plant in Kansas in November. Another challenge is making the enormous production facilities themselves, the Journal reported. Such issues, Takamoto told the Journal, meant that boosting production took a year or two longer than the Japanese company expected. For starters, even the faintest exposure to moisture can mean batches of product need to be tossed out, so properly training workers is critical. [said](https://www.wsj.com/articles/gm-lg-scrap-plans-to-partner-on-fourth-u-s-battery-factory-11674241152) in October. [Sign up here.](https://mynewsletters.fortune.com/trust-factor/) [incentives](https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/14/fact-sheet-president-bidens-economic-plan-drives-americas-electric-vehicle-manufacturing-boom/) enticing companies to base EV battery manufacturing in the U.S. [told](https://www.wsj.com/articles/first-big-u-s-ev-battery-plant-offers-lessons-as-industry-springs-up-ab8940f7) the Wall Street Journal.

Mexican governors have gone to extremes, like putting up billboards, creating special car lanes or creating mock-ups of Tesla ads for their states. And there's ...

Together, the two came up with an alliance Thursday that would allow trucks from Jalisco preferential use of Nuevo Leon's border crossing, the same one where a "Tesla" lane appeared last year. The governor of the western state of Michoacan wasn't going to be left out. Alfredo Ramírez Bedolla quickly posted a mocked-up ad for a Tesla car standing next to a huge, car-sized avocado — Michoacan's most recognizable product — with the slogan "Michoacan — The Best Choice for Tesla." That those companies will now turn to Mexico represents the Latin American country's biggest foreign investment hope. "Veracruz is the only state with an excess of gas," quipped Gov. And he claimed Veracruz had 30% of Mexico's water, though the National Water Commission puts the state's share at around 11%.

Mexico is going through fierce competition among states to secure a possible Tesla plant in a tussle similar to what goes on among US cities and governments ...

For instance, he stated in 2019 that he would have a fleet of completely autonomous robotaxis operating on the roads by 2020. There is no guarantee that Tesla will build a full plant because it has not made any public announcements. Tesla has not given in any official word and there is no assurance that it will construct a full-fledged plant. Not to be left out was the governor of Michoacan, a state in western Mexico. In the past, Musk has made promises that either do not materialise or do so decades after he says they would. Moreover, he said that Veracruz was responsible for 30% of Mexico's water supply, despite the fact that the National Water Commission estimates the state's contribution to be closer to 11%.

The California Highway Patrol's Auburn division said that a male Tesla driver hit a girl scout stand near the front entrance of a Walmart in Granite Bay on ...

I've noticed a string of Tesla reports saying basically the same thing. Drivers who survive a Tesla crashing succumb to smoke and fire in a confusing escape ...

Read the original post at: [https://www.flyingpenguin.com/?p=45845](https://www.flyingpenguin.com/?p=45845) First, Tesla early on tried to claim it would be the safest car on the road. Drivers who survive a Tesla crashing succumb to smoke and fire in a confusing escape puzzle — they’re killed by design, a planned death-trap, not the impact.

Tesla is hiring a Content and Programs Associate to lead factory tours at Giga Berlin-Brandenburg, marking a defining moment for the company in Europe.

If Tesla can continue to offer price cuts, it could attract more new buyers as the company ramps up production at its new plants in Austin, Texas, and near Berlin, while expanding capacity in Shanghai. While the changes could bring the price down, it is worth noting that when Tesla refreshed the Model S and Model X, the prices jumped by 12% and 15%. According to Bloomberg's analysis, the price gap between the Model 3 and the average new vehicle sold in the US has never been wider. In addition, General Motors is slated to launch electric versions of its Chevrolet Blazer and Equinox SUVs later this year, right in the middle of America's first-ever EV price war. Once the cable is returned, the stall will automatically lock the CCS1 adapter back to the Magic Dock and unlock it from Tesla's NACS port. With Tesla's recent price cuts and government incentives, the company has now achieved this milestone for the Model 3. Once they select a stall, the "Magic Dock" will unlock the CCS1 adapter and attach and lock it to the NACS connector, and the charging process will begin. However, there may be other issues related to the short charging cable's physical compatibility and the charging inlet's various locations in non-Tesla EVs. However, dock blocking is a concern that must be addressed to prevent frustration and backlash from Tesla drivers. Tesla is installing the Magic Dock at several locations across the United States, just days after announcing it would expand its Supercharging network to support non-Tesla electric vehicles. The tours used to be available at no cost to any Tesla owners. The successful candidate will manage tour requests and bookings, present compelling content to a broad audience, plan and execute events, and interact with public and internal stakeholders.

Deliver on his 17-year-old promise of a mass-market car and sell more of today's lineup.

Tesla didn’t exactly follow that path, mainly because the cost of building a car company means selling the dream to the stock market is more important than reinvesting revenue. [original](https://www.tesla.com/blog/secret-tesla-motors-master-plan-just-between-you-and-me) Master Plan, blogged in 2006 — four years before Tesla listed — read like a standard Silicon Valley bootstrapping pitch: Sell an expensive car to first adopters then use the proceeds to build cheaper cars for a bigger market and so on. Elon Musk is about to release the third iteration of his “Master Plan” for Tesla Inc., something he has apparently been working on for

Deliver on his 17-year-old promise of a mass-market car and sell more of today's lineup.

For 2023, we expect to remain ahead of the long-term 50% CAGR with around 1.8M cars for the year.” The latter is critical to any loftier goal of energy transition at scale and was, after all, the main objective of that original Master Plan 17 years ago. Which is why the point of the Master Plan is simply to have one rather than it serving as a means of accountability on execution. Even then, with Tesla somehow accounting for a third of the global passenger vehicle market by the end of the decade, you would have to also apply a discount rate of 2% — half the 10-year Treasury yield — for today’s valuation to pencil out. Coincidence or not, the promise of a new, sweeping plan is helpfully-timed balm. Liam Denning is a Bloomberg Opinion columnist covering energy and commodities. Nonetheless, Musk tweets that it will offer “the path to a fully sustainable energy future for Earth.” And as total addressable markets go, Earth is pretty big. Say what you will, but the man selling pricey driver-assistance technology marketed as “Autopilot” and “Full Self Driving” — the latter of which, according to regulators, might get a bit confused around intersections — is a stickler for semantics. (1) “We are planning to grow production as quickly as possible in alignment with the 50% CAGR target we began guiding to in early 2021. Recall that when Tesla released its 2022 results, it said it aimed to produce 1.8 million vehicles this year. Given that the details of Master Plan, Part Deux add up to mostly fan fiction thus far, Master Plan-à-Trois is likely to require the barest of tweaks to keep the fans engaged. The second iteration was more manifesto than plan, mixing defensiveness about the then ongoing, and dubious, SolarCity Corp.

Elon Musk has a vision for “a fully sustainable energy future for Earth,” he announced earlier this month. If you would like to know what that entails, ...

Tesla’s Twitter account has even shared a few diagrams of a revised “ [Tesla ecosystem](https://twitter.com/tesla/status/1624439953223520257?s=46&t=PFY3H928GfmCSrsalkNo3Q),” showing the integrated solar panel meets garage battery meets electric-vehicle home. Also in 2016, he [announced his tunneling venture](https://nymag.com/intelligencer/2022/08/elon-musks-biggest-boondoggle.html), the Boring Company, as a way to “solve traffic.” As he championed that ludicrously expensive “ [one Tesla at a time through a neon-lit hole](https://www.curbed.com/2022/01/elon-musk-las-vegas-tunnel-ces.html)” concept, he was either ignoring or forgetting his own Master Plan sustainable-transportation blueprint. [outsold Tesla](https://www.barrons.com/articles/tesla-byd-market-share-ev-51670523689), and has been [making electric buses](https://www.curbed.com/2022/04/byd-electric-buses-antelope-valley.html) for dozens of U.S. All car manufacturers have experienced supply-chain hiccups, but Tesla’s [labor issues](https://www.washingtonpost.com/technology/2021/03/25/tesla-nlrb-ruling/) have also caused [production and delivery delays](https://www.reuters.com/business/autos-transportation/teslas-third-quarter-deliveries-miss-estimates-2022-10-02/), and earlier this month many of its cars [faced an embarrassing recall](https://www.curbed.com/2023/02/tesla-recall-full-self-driving-elon-musk.html). Yet just a few months later, we saw a ](https://www.tesla.com/blog/tragic-loss)demo video of Tesla’s supposed “full self-driving” capabilities — later revealed to be [faked](https://www.cnn.com/2023/01/17/tech/tesla-self-driving-video-staged/index.html) — and an “unflinching” push to [get the new system onto cars](https://www.nytimes.com/2021/12/06/technology/tesla-autopilot-elon-musk.html) even though it was not safe yet. Rivian started selling its [popular electric pickup](https://www.cnn.com/2022/07/06/business/rivian-r1s-review/index.html) long before Musk’s Cybertruck even began production, and it also makes [Amazon’s electric vans](https://www.theverge.com/2022/11/7/23443995/amazon-rivian-electric-delivery-van-fleet-ev). The Tesla Semi was eventually delivered ( [three years late](https://www.theverge.com/2022/12/1/23488040/tesla-semi-delivery-event-electric-truck-elon-musk), with [dubious real-world abilities](https://insideevs.com/news/629805/tesla-semi-pepsi-logo-towed/)); [where is the Tesla Bus](https://www.curbed.com/2022/12/tesla-semi-elon-musk-bus.html)? [“The Secret Tesla Motors Master Plan (just between you and me)](https://www.tesla.com/blog/secret-tesla-motors-master-plan-just-between-you-and-me)” — there were virtually no electric vehicles on the road in the U.S. It was, at the time, a fresh way of thinking, [far ahead of any other automaker’s](https://www.curbed.com/2021/05/ford-f-150-lightning-electric-truck-grid.html), at least as far as the public could see. [wrote](https://twitter.com/elonmusk/status/1505791520024186882?s=20) in March 2022 that the topic of Master Plan 3 would be twofold: “scaling [Tesla] to extreme size, which is needed to shift humanity away from fossil fuels,” and, less specifically, “AI.” (He’ll also, he said, include for the first time updates on two of his other companies, SpaceX and the Boring Company.) It will be much like all of Musk’s events: part investor pep rally and part media spectacle. His assertions that Tesla was “deploying partial autonomy now” and that “as the technology matures, all Tesla vehicles will have the hardware necessary to be fully self-driving with fail-operational capability” came just weeks after the National Highway Traffic Safety Administration opened its [first investigation](https://www.washingtonpost.com/local/trafficandcommuting/ntsb-says-driver-in-fatal-tesla-crash-was-overreliant-on-the-cars-autopilot-system/2017/09/12/38e5f130-9730-11e7-82e4-f1076f6d6152_story.html) into a death of someone using the existing partial-autonomy tool, an event [acknowledged solemnly by Musk, who promised improvements. (Despite calling himself a co-founder of Tesla, Musk did not technically join until 2004, a year after it was started.) When the original Tesla Roadster did finally hit the market, it was like nothing else on American streets — and extremely [expensive](https://mezha.media/en/2022/11/02/the-tesla-roadster-of-the-first-generation-2008-2012-unexpectedly-became-a-collectible-car/).

Tesla (TSLA) is set to hold its investor day next week, with CEO Elon Musk teasing a reveal of "Master Plan 3" details. Following its past pattern ahead of ...

The [EPS Rating](https://www.investors.com/how-to-invest/investors-corner/eps-rating-is-key-to-picking-great-stocks/) is 99. [SGML shares soared 16%](https://www.investors.com/news/tesla-stock-tap-on-brakes-as-china-vehicle-registrations-fall-15/) on the news Tuesday. Tesla stock has a 72 [Composite Rating](https://www.investors.com/how-to-invest/investors-corner/stocks-to-buy-and-watch-ibd-composite-rating-top-growth-stocks/) out of 99. [Auto Manufacturers industry group](https://research.investors.com/stock-checkup/nasdaq-tesla-tsla.aspx). [made progress on building a lithium processing facility](https://www.investors.com/news/tesla-stock-tumbles-as-ev-giant-slash-u-s-european-prices/) in Texas, which will be the first of its kind in the U.S. The company has said commercial production could get underway by the end of 2024. Following its past pattern ahead of the event, Tesla stock is on track for its first weekly slip following a steep six-week climb. [SGML](https://research.investors.com/quote.aspx?symbol=SGML)), according to Bloomberg. This could mean the cheaper, elusive, Tesla Model 2 could be floated on March 1. Tesla's first Master Plan, revealed in August 2006, presented the company's goal to build a wide range of EVs. If Tesla stock consolidates until the investor's day event on Wednesday, a breakout then would likely involve clearing the 200-day moving average. Tesla stock appears to be forming a handle of some sort.

TSLA has a roughly average overall score of 40 meaning the stock holds a better value than 40% of stocks at its current price. InvestorsObserver's overall ...

TSLA has an Overall Score of 40. TSLA has a roughly average overall score of 40 meaning the stock holds a better value than 40% of stocks at its current price. TSLA gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system.

TSLA will have its investor day on March 1. It plans to release its Master Plan 3. Read how this event could impact EV competitors Lucid and BYD.

If Tesla were to announce a focus on cheaper EVs, that could impact its brand image in the future, as Tesla might be seen as more of a mass market player like VW or Toyota if it were to expand substantially in lower-price segments. The announcement of Tesla's Master Plan 3 will be of interest for TSLA owners, of course, but depending on what Tesla announces, other companies might be impacted as well. That being said, BYD looks like the best in the group to me at current prices, thanks to a low valuation, massive scale, and extraordinary growth. Depending on what Tesla announces, a pureplay premium manufacturer such as Lucid could be impacted positively (if Tesla moves down toward the mass market) or negatively (if new high-end vehicles are introduced). If Tesla were to enter the lower-priced EV market in force, it's also possible that margins for the whole industry come under pressure, as increasing competition in the automobile industry has a tendency of pressuring margins for all players. It's active in many different markets (battery production, passenger EVs, commercial EVs), it showcases rapid growth, and it's trading at a pretty low valuation relative to how other EV players are valued: While new announcements in areas such as solar panels or home battery systems likely won't impact EV companies too much, new model announcements or similar items could have a large impact on BYD, Lucid, NIO ( The update could also include announcements regarding Tesla's Cybertruck (originally presented in 2019) or the Roadster 2 (originally planned for 2020). Tesla's past master plans included the introduction of new vehicles to access new market segments, and the plan generally was that profits from higher-priced models would fund the development for new models. That hasn't really worked out as intended, as Tesla wasn't profitable when it was only selling the S and the Roadster, thus the development of new models such as the 3 and Y was funded by the issuance of shares, not by the profits from the first models. It will showcase Tesla's goals, strategy, and plans, even though it is not guaranteed that all of these goals will be met eventually. While it's not perfectly clear what exactly Tesla will be announcing and/or showing at that event, there are some items that could be of importance.

Morgan Stanley analysts expect Tesla to unveil a suite of technologies that could foster the mass adoption of electric vehicles.

The Morgan Stanley analysts noted that Tesla would have to lower the average selling price of their vehicles for this to happen. “With a stated target of a competitive offering at a $25,000 price point, Tesla will have to make significant progress from their current COGS per vehicle (~$39k in FY22). [global force in the automotive sector](https://www.teslarati.com/tesla-elon-musk-master-plan-part-3-details-investor-day/), the company would have to produce vehicles at a lower price point. With this in mind, Jonas noted that Investor Day could very well be significant not only to Tesla, but also to other players in the EV segment. Tesla Investor Day will not only be significant for the company and its plans for the future. This would require the electric vehicle maker to come up with compelling EVs at lower price points.

By Sam Boughedda. Wells Fargo analysts raised the firm's price target on Tesla (NASDAQ:TSLA) to $190 from $150 per share, maintaining an Equal Weight rating ...

Cuts to the already lean interiors, body, & electronics are 43% with scale/warranty adding another ~15%." "Therefore, credible profit/cost targets & launch timing are key." "While recent global price cuts have driven demand, TSLA likely needs Gen 3 to maintain its 50% delivery CAGR."

The latest Tweet by Bloomberg states, 'Musk has teased that his third Tesla master plan will offer a path to a "fully sustainable energy future for ...

A less expensive car could greatly expand the market Tesla can serve, analysts say. ... Tesla TSLA –3.43% is hosting a highly anticipated investor event on March ...

A lot will be discussed, including Tesla’s growing power business and increasing cash flow, but what Wall Street really wants to see is that the EV maker is planning a new car. [lower priced](https://www.barrons.com/articles/tesla-stock-elon-musk-master-plan-3-51647620046?mod=article_inline) Tesla (ticker: TSLA) is needed to guarantee Tesla’s growth through the end of the decade, as well as to defend its [market share](https://www.barrons.com/articles/tesla-lost-market-share-in-q4-51673810443#:~:text=Tesla%20's%20market%20share%20dropped,of%20any%20global%20automotive%20market.?mod=article_inline) against all the EV models coming from traditional auto makers. ](https://www.barrons.com/market-data/stocks/tsla)

Tesla Motors has announced that it is going to base its global engineering and AI headquarters in Palo Alto at the former Hewlett Packard Enterprise campus, ...

California is the largest manufacturing state in the country and is now the fourth largest economy in the world, he said, with zero-emission-vehicles being a top export. California is now home to 55 zero-emission-vehicle-related manufacturing companies, more than any other state, he said. "I'm looking forward to an exciting partnership with California …

In February 2017, Cathie Wood went on Bloomberg Television to make her case that the $10 trillion global mobility market would be severely disrupted by ...

[fatal crash](https://www.bloomberg.com/news/articles/2023-02-20/tesla-fatal-crash-with-fire-truck-draws-us-regulator-inquiry) involving one of its vehicles in California. [thinking about autonomy](https://www.bloomberg.com/news/articles/2019-04-23/musk-makes-self-driving-technology-tesla-s-costly-new-calling), Tesla isn’t leading in the field. [Read more articles by Craig Trudell ](/search?author=Craig%20Trudell) Tesla acknowledged as much one week ago when announcing a [recall](https://www.bloomberg.com/news/articles/2023-02-16/tesla-recalls-362-758-cars-due-to-full-self-driving-crash-risk) of what it called a driver-support feature. The shift to batteries from combustion engines has been [hugely disruptive](https://www.bloomberg.com/news/articles/2023-02-02/ford-bids-farewell-to-best-seller-in-move-epitomizing-disruption) to the auto industry, and Tesla remains the global EV leader. It’s hard to argue with Tesla’s leadership in EVs that sent its shares soaring and made Wood and Ark avatars of the pandemic-era stock boom. Alphabet spinoff Waymo and General Motors-owned Cruise have set up small fleets of driverless vehicles in select cities, but the scores of robotaxis Tesla’s chief executive officer promised years ago are still [missing](https://www.bloomberg.com/news/articles/2023-02-15/tesla-robotaxis-elon-musk-touted-are-nowhere-to-be-found-tsla). [consumers](https://www.bloomberg.com/news/articles/2022-09-14/tesla-keeps-duping-consumers-about-self-driving-cars-suit-says) and [regulators](https://www.bloomberg.com/news/articles/2022-08-06/tesla-accused-of-false-autopilot-advertising-by-california-dmv) who’ve accused the company of overselling its technology. Teslas also may be speeding through certain zones, either based on speed limit signage detection or a “speed offset setting” that is adjusted by the driver, according to the company. It also refers to “the perceived duration of the vehicle’s static position at certain intersections with a stop sign, particularly when the intersection is clear of any other road users,” which is a long way of saying Teslas at least appear to be performing illegal rolling stops. It refers to Teslas traveling through “a stale yellow traffic light,” which at least suggests cars using FSD Beta may be running through red lights. She described Tesla’s plans for autonomy as much more important than its EV strategy.

After less than two years in Texas, Tesla is moving its engineering headquarters back up to northern California, CEO Elon Musk announced Wednesday.

The move will put Musk closer to Twitter's headquarters, as well, located in San Francisco. When he announced the move to Austin, Musk called the Texas capital the 'biggest boomtown that America has seen in 50 years.' Since leaving the Golden State in 2021, Musk has been hugely critical of California. Now it has become and is becoming more so the land of overregulation, overlitigation, over taxation, and scorn,' he added. His Fremont plant was growing while he supposedly left. Musk Wednesday said he was giddy to announce the move while standing next to the California governor 'Some of my best friends are in California. Musk moved Tesla down to Austin, Texas in the fall of 2021 over tax breaks, the cheaper cost of labor, and a battle between himself and local health officials Musk said he was giddy to announce the move while standing next to the California governor. But he and Musk's mutual admiration for one another was in evidence during Wednesday's press event. 'He never left. A Tesla fan blog called the tweet and indicator of 'serious problems in the apparatus of the state.' Musk replied to the tweeted version of the article saying: 'Exactly.'

Wells Fargo analyst Colin Langan told clients on Friday that expectations are high for Tesla's investor day on March 1.

He said that “credible profit/cost targets and launch timing are key” for Elon Musk to address on Wednesday. [TSLA](https://seekingalpha.com/symbol/TSLA)) is due to host an investor event at its Giga Texas factory on Wednesday, with its “Master Plan 3” due for release. Wells Fargo analyst Colin Langan told clients on Friday that expectations are high for Tesla’s investor day on March 1, especially in regards to the expected announcement of a lower cost EV.

Reconciliation between CEO Elon Musk and California has created a debate over the state hosting the electric vehicle maker's headquarters.

Artificial Intelligence (AI) is the buzzword in the technology space now. Jumping onto the bandwagon, Tesla recently announced its plans to expand its ...

In contrast, as a mark of approval, California's Governor Gavin Newsom talking about Tesla's expansion, said, "Since 2009, California has supported Tesla to help create the future of the zero-emission vehicle (ZEV) market. While announcing its expansion plans on February 22, Tesla tweeted, "In 2022, we grew to 47k direct employees & $5B of capital investment in California. The state also hosts 55 EV-related manufacturing companies, more than any other state. [science](/science) Artificial Intelligence (AI) is the buzzword in the technology space now. Now, California will remain the home of Tesla as its new global engineering and AI headquarters work to develop the technology of the future."

After a 2021 temper tantrum by CEO Elon Musk, Tesla dramatically moved its headquarters to Texas. There were also ongoing battles with the state of ...

Musk did not specifically address the reasoning for returning Tesla's headquarters to Silicon Valley. Tesla moved its headquarters out of California in late 2021 to set up shop in Austin. The company gave no solid reason as Musk and California Governor Gavin Newsom announced the carmaker's triumphant, and probably expensive, return to the Golden State.

TESLA CEO Elon Musk (r) announced the headquarters moving back to California with Governor Gavin Newsom on Twitter during a livestreamed event in Palo Alto, ...

“We’re excited to announce that TESLA’s global engineering headquarters will be right here, the former headquarters of Hewlett-Packard,” Musk said. But thanks to the state’s Covid-19 mitigation mandates which Musk criticized along with California’s business climate at the time, he moved headquarters to Austin, Texas in 2021 and built a $1.1 billion dollar factory for Tesla’s Model Y and CyberTruck vehicles. TESLA HQ MOVE - While Texas has seen a huge migration of corporations moving their headquarters to the Lone Star State, one major tech company TESLA is doing the opposite- sort of.

Tesla will open up shop in the former home of Hewlett Packard in Palo Alto, Musk said. The facility will serve as the company's engineering headquarters while ...

Tesla has applied for a patent on a new “ultra-hard” steel alloy that it plans to use with the Cybertruck electric pickup truck.

In some embodiments, the composition has a yield strength of at least about 1100 MPa. In some embodiments, the composition has a ductility of at least about 60° bend angle at 1.8mm thickness. In some embodiments, the vehicle architecture is designed such that the exterior panels of the vehicle also contribute to the vehicle’s structural performance, wherein such exterior paneling of a vehicle may be referred to as an “exoskeleton.” In some embodiments, the exterior panel is or is formed from a monolithic metal sheet of the steel alloy. In some embodiments, the corrosion resistance of the monolithic metal sheet allows for the exterior panel of the vehicle to be utilized without application of an anticorrosion coating or corrosion protective agent (e.g. In some embodiments, an exterior surface of the exterior panel does not comprise paint. In some embodiments, at least one exterior panel and/or body of the vehicle comprises the steel alloy.

Tesla Inc. would be denied permits to build a plant in the northern Mexican state of Nuevo Leon, where it has eyed investing, if water is scarce, ...

Ever since Elon Musk flew to Mexico to visit the northern state of Nuevo Leon in October, rumors have swirled about where Tesla Inc. will end up building ...

Elon Musk is getting attention from Mexican politicians eager to host a new Tesla plant, but the Avocado Tesla is clearly the best attempt.

It’s just a matter of when, where and who has the best avocados in the country. A sibling rivalry between Mexican states is hardly enough to shoo Musk away when so many of Tesla’s competitors run production plants in the country. Instead, he highlighted abundant resources in the country’s southeast and the appeal of moving close to a new airport in the State of Mexico that’s one of his major infrastructure projects. And one of the major promises during his presidential campaign was that he’d help bring more money to southern Mexico via development. The president makes no mention of cartel violence in his remarks, but the concern is always valid. While that is a possibility, it seems unlikely. “The permits are simply not issued for that, I mean it is not feasible.” It seems that Michoacán’s governor, Alfredo Ramírez Bedolla, knows the way to anybody’s heart is through the stomach: [85% off$25 Jeans - Jachs NY](https://www.pjtra.com/t/8-11779-163529-164504?url=https%3A%2F%2Fwww.jachsny.com%2Fcollections%2F25-new-jeans-closeout-sale&sid=IV-&website=280661) Still, I admire the unhinged effort as well as the fact that the governor believes Tesla would ever build a two-door vehicle. But we can add the southern state of Michoacán to the list. Rumors of Tesla’s big move south have been ongoing for months, but Musk hasn’t confirmed where, exactly, Tesla plans to build its latest [Gigafactory](https://jalopnik.com/tesla-is-still-trying-to-scale-production-1849902981) — or whether it will be built in Mexico at all. Nuevo León already hosts many of Tesla’s suppliers, and has even granted

Tesla would be denied permits to build a plant in the northern Mexican state of Nuevo Leon, where it has eyed investing if water is scarce, ...

On Friday, the leftist leader praised Constellation for choosing to relocate to a state in southeastern Mexico. In 2020, he said he would withhold permits for a Constellation Brands brewery in the northern state of Baja California after criticizing the project for consuming too much water in a dry zone. [Tesla](http://tesla.com) would be denied permits to build a plant in the northern Mexican state of Nuevo Leon, where it has eyed investing if water is scarce, Mexican President Andres Manuel Lopez Obrador said on Friday.

The President of Mexico, Andrés Manuel López Obrador, announced that he would not grant permission to the electric vehicle company.

“If there is no water, I would not allow it. No, permits are simply not issued for that, in other words, it is not feasible”, said the President. He said that at the meeting he will tell the investors where it is possible to invest, where there is water and space for urban growth.

Elon Musk is getting attention from Mexican politicians eager to host a new Tesla plant, but the Avocado Tesla is clearly the best attempt.

The level is that AMLO will attempt to persuade Musk that constructing a plant away from the Mexican capital may very well be a threat. For now, the front-runners within the race for the coveted Tesla Mexico plant are the northern state of Nuevo León and the State of Mexico correct, the place AMLO’s new airport is making an attempt to draw international firms to be able to construct a significant commerce zone within the coronary heart of the nation. Still, I like the unhinged effort in addition to the truth that the governor beleives Tesla would ever construct a two-door car. President Andres Manuel Lopez Obrador weighed in on the problem this week and didn’t have something optimistic to say about Tesla settling in Nuevo Leon. But we will add the southern state of Michoacán to the checklist. Rumors of Tesla’s large transfer south have been ongoing for months, however Musk hasn’t confirmed the place, precisely, Tesla plans to construct its newest Gigafactory — or whether or not it is going to be inbuilt Mexico in any respect.

Gerber, who is chief executive at wealth manager Gerber Kawasaki, revealed his intentions earlier this month, billing them as an effort to rein in Chief ...

Tesla representatives spoke with Gerber in recent days, the person said, asking not to be identified as the discussions were private. The company has agreed to meet with Gerber next week around Tesla’s investor day on March 1 to discuss his concerns about the electric-vehicle maker’s governance, the person said. [Tesla Inc.](/quote/TSLA:US) shareholder, plans to withdraw a [long-shot effort](https://www.bloomberg.com/news/articles/2023-02-14/tesla-investor-gerber-tells-ev-maker-of-plan-to-seek-board-seat) to run for a position on the company’s board, according to a person familiar with the matter.

A witness told Arizona's Family that she stopped to help get the driver out when the EV went up in flames “not even a minute after the crash.”

Witnesses at the scene told Arizona’s Family that it appeared that the driver had hit the gas pedal, instead of the brakes when it slammed into a building along 74th Place. One woman reported seeing the car parking when it “just randomly shot forward into the building.” That witness told Arizona’s Family that she stopped to help get the driver out and that the EV went up in flames less than a minute after the crash. According to authorities in Scottsdale, the driver of a Tesla first slammed into a building east of Scottsdale and Cactus roads around 8 a.m.

Shares of Tesla Inc. slid 2.57% to $196.88 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite.

[Automated Insights](https://automatedinsights.com), an automation technology provider, using data from Dow Jones and FactSet. [TSLA, -2.57%](/investing/stock/TSLA?mod=MW_story_quote)slid 2.57% to $196.88 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index [COMP,](/investing/index/COMP?mod=MW_story_quote)falling 1.69% to 11,394.94 and Dow Jones Industrial Average -1.69% [DJIA,](/investing/index/DJIA?mod=MW_story_quote)falling 1.02% to 32,816.92. closed $187.41 below its 52-week high ($384.29), which the company reached on April 5th.

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) is set to hold an Investor Day to highlight the future of the company. Here's what one analyst says will be ...

Sources pointed to the revamping of several factories improving costs and manufacturing efforts. The Tesla CEO discussed a target price point of $25,000. A previous note by Jonas titled “It’s 1913 All Over Again” highlighted the launch of the Model T and the moving assembly line by Ford Motor Co F in 1913 that revolutionized auto manufacturing: “Subsequent price deflation transformed the automotive competitive landscape and drove out much of the industry’s players at the time. “Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1. The future is bright,” Musk tweeted on Feb. Here’s what one analyst says will be the focus of the event.

Elon Musk said Feb. 22 Tesla will open a global engineering headquarter in Palo Alto, Calif. But the company's corporate headquarter remains in Texas.

He will likely spend more time in California following the opening of Tesla’s engineering headquarter. The decision was triggered by Musk’s spat with California’s public health officials over the closure of Tesla’s Fremont, California, factory in the early days of the Covid-19 pandemic. The announcement was widely interpreted as Tesla’s return to California more than a year after moving its base to Texas from the Golden State. However, it’s really a partial return, as Tesla’s corporate headquarter will remain in Austin, Texas and the new office in California won’t change its corporate tax status. Tesla will set up shop in the former office building of Hewlett Packard in Palo Alto, a landmark in the [Tesla](https://observer.com/company/tesla/) will open a global engineering headquarter in Palo Alto, Calif., CEO Elon Musk [said](https://www.youtube.com/watch?v=35OQpt5YYb4) Feb.

Tesla, Inc. will hold an Investor Day on Wednesday, March 1st, and Elon Musk will present a Master Plan part 3. I predict what might be in that plan.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. However, material shortages, especially lithium could easily de-rail the energy transition, it would be seen as a positive move for Tesla to lock in sources of supply for battery materials, especially lithium. [balance sheet](https://seekingalpha.com/symbol/TSLA/balance-sheet) is a snapshot of the company’s financial position at the end of the quarter, and Tesla manages its affairs to present the best possible picture at that time. It may turn out to be wrong, but to some degree, it reflects what I would do if I were in charge of Tesla. As usual, the Tesla Investor Day will generate a lot of interest. However, I think he will steer some of that expectation of growth away from the automotive sector and towards energy storage. [Liontown resources](https://www.teslarati.com/tesla-lithium-supply-deal/) will provide Tesla with 100,000 tonnes of concentrate starting in 2024, increasing to 150,000 tonnes per year in 2025. Tesla has hinted previously of plans to enter the lithium mining business. It will help Tesla fulfill the raw material sourcing requirements of the IRA act to qualify its cars for the $7,500 federal tax credit. taxpayer (that’s $4.5 billion/year at the proposed production rate) and more than $1 billion in subsidies and concessions from the state of Nevada make this a no-brainer. Lithium hydroxide is used in the manufacture of cathodes for Li-ion batteries that also contain nickel. So, if Tesla is to achieve significant growth (using units sold as the measurement), then it needs to revive the more affordable car.

Tesla Inc investor Ross Gerber said on Friday he will end his run for the electric carmaker's board of directors, citing changes investors can expect to see ...

Tesla Inc investor Ross Gerber said on Friday he will end his run for the electric carmaker's board of directors, citing changes investors can expect to see ...

Tesla's expansion of its Supercharging network to support non-Tesla electric vehicles will provide more EV options but it is raising concerns over dock ...

This unique vehicle has already been the star of the show when it appeared on The Simpsons, but it also got to be in the spotlight during the opening of Tesla’s newest facility. While the changes could bring the price down, it is worth noting that when Tesla refreshed the Model S and Model X, the prices jumped by 12% and 15%. If Tesla can continue to offer price cuts, it could attract more new buyers as the company ramps up production at its new plants in Austin, Texas, and near Berlin, while expanding capacity in Shanghai. In addition, General Motors is slated to launch electric versions of its Chevrolet Blazer and Equinox SUVs later this year, right in the middle of America's first-ever EV price war. According to Bloomberg's analysis, the price gap between the Model 3 and the average new vehicle sold in the US has never been wider. The goal of the refreshed Model 3 is to increase efficiency and cut production costs. The average cost of a new vehicle has risen more than $10,000 since the beginning of the pandemic, reaching $47,920 in January. Once the cable is returned, the stall will automatically lock the CCS1 adapter back to the Magic Dock and unlock it from Tesla's NACS port. Once they select a stall, the "Magic Dock" will unlock the CCS1 adapter and attach and lock it to the NACS connector, and the charging process will begin. However, there may be other issues related to the short charging cable's physical compatibility and the charging inlet's various locations in non-Tesla EVs. With Tesla's recent price cuts and government incentives, the company has now achieved this milestone for the Model 3. Tesla is installing the Magic Dock at several locations across the United States, just days after announcing it would expand its Supercharging network to support non-Tesla electric vehicles.

A Tesla that caught fire while being towed has closed Scottsdale Road in both directions between Butherus Drive and Greenway-Hayden Loop.

Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and ...

The governor of the western state of Michoacan wasn’t going to be left out. Together, the two came up with an “alliance” Thursday that would allow trucks from Jalisco preferential use of Nuevo Leon’s border crossing, the same one where a “Tesla” lane appeared last year. Alfredo Ramírez Bedolla quickly posted a mocked-up ad for a Tesla car standing next to a huge, car-sized avocado — Michoacan’s most recognizable product — with the slogan “Michoacan — The Best Choice for Tesla.” “It’s questionable whether it’s actually that economically beneficial to localities or providing those subsidies,” said Abuelsamid. That those companies will now turn to Mexico represents the Latin American country’s biggest foreign investment hope. companies that once manufactured in China but now are leery of logistical and political problems there. “We are two states that do not have to compete and cannibalize each other … That kind of race can be costly. Cuitláhuac Garcia of the Gulf coast state of Veracruz, before quickly adding “gas … And he claimed Veracruz had 30% of Mexico’s water, though the National Water Commission puts the state’s share at around 11%. And there’s no guarantee Tesla will build a full-fledged factory. cities and states vying to win investments from tech companies.