Tesla

Tesla Officially Announces Arrival of New Model 3 Performance Setup

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In the dynamic world of electric vehicles (EVs), Tesla has ignited excitement among enthusiasts with the confirmation of a forthcoming Tesla Model 3 Performance configuration. Despite the buzz, key details such as the release date and specific enhancements remain shrouded in mystery, leaving eager followers in suspense. EV Tax Credit and Model 3 Trims Earlier …

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Tesla

Wedbush Analysts Outline 10 Strategies for Tesla’s Resurgence

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In the aftermath of a disappointing Earnings Call, Tesla (NASDAQ: TSLA) faced a significant stock slump of over 12 percent. Noted Wedbush analyst Dan Ives, a consistent supporter of Tesla, critiqued the call, labeling it a “train wreck” due to a lack of essential information provided. The fallout was evident as Wedbush removed Tesla stock …

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LG Energy

LG Energy Solution Expands Global Footprint with Strategic Investment in Sion Power

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In a groundbreaking move, LG Energy Solution (LGES), the South Korean battery giant, has declared a significant equity investment in Sion Power, a cutting-edge lithium metal battery technology startup based in the United States. This move underscores LGES’s commitment to pioneering advancements in the battery industry and securing a leading position in the development of …

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Volkswagen

Volkswagen’s ID.4 EVs Secure Full $7,500 Federal Tax Credit Under Inflation Reduction Act

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In a significant revelation, Volkswagen has announced that its Model Year (MY) 2023 and 2024 ID.4 units equipped with SK On batteries now qualify for the full $7,500 federal tax credit under the Inflation Reduction Act (IRA). This development positions Volkswagen’s ID.4 as an even more attractive option in the rapidly growing electric vehicle (EV) …

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Stellantis

Stellantis Fortifies Software Strategy with Acquisition of CloudMade’s AI Technology

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In a significant stride towards automotive innovation, Stellantis N.V. has acquired CloudMade, a pioneer in developing state-of-the-art big-data solutions for the automotive industry. This acquisition includes CloudMade’s cutting-edge artificial intelligence (AI) framework, machine learning models, and intellectual property rights and patents, positioning Stellantis at the forefront of technological advancements. CloudMade AI Technology: Shaping In-Car Experiences …

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P-TECH

Tesla’s $600,000 Boost to P-TECH Manufacturing Studio at DVISD

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In a significant stride towards enhancing educational opportunities, electric vehicle giant Tesla has generously contributed $600,000 to the P-TECH Manufacturing Studio at the heart of the Del Valle International School District (DVISD). This transformative initiative aligns with Tesla’s commitment to fostering education and skills development, particularly in the realm of robotics and automation. Tesla’s Investment …

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2024

Tesla’s Growth Projection for 2024: Navigating Between Waves of Expansion

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In a recent shareholder update, Tesla shed light on its projections for the year 2024, emphasizing a cautious approach as it finds itself at the juncture of two significant growth phases. The company’s focus on its next-generation vehicle platform and plans for production at Gigafactory Texas hint at a deliberate strategy that could impact its …

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Vehicle

Tesla Enhances Cost Efficiency per Vehicle Yet Again

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Tesla, the trailblazer in electric vehicles, has recently achieved a significant financial milestone, strategically reducing its Cost of Goods Sold (COGS) per vehicle to slightly above $36,000 in the fourth quarter of 2023. Tesla Driving Down Costs A Financial Breakthrough In a remarkable feat, Tesla has surpassed expectations by improving its COGS per vehicle, showcasing …

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Next-Gen

Tesla’s Next-Gen Vehicle Aims for Affordability, Production Set for Late 2025

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In a groundbreaking announcement during the Q4 2023 and Full Year 2024 Earnings Call, Elon Musk shared that Tesla’s next generation vehicle is on track for production in the latter half of 2025. This significant development not only marks a new chapter for the electric car giant but a lso signals a strategic move towards …

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Australia

Tesla Supercharger V3 Sparks Surge in Australia’s Electric Vehicle Charging Network Expansion

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Australia witnessed a groundbreaking surge in its Electric Vehicle Charging Infrastructure during the final quarter of 2023, with a remarkable focus on sustainability. This surge, primarily spearheaded by Tesla Supercharger V3 Network, has transformed the landscape of public charging for electric vehicles (EVs). Revealing the Growth In a comprehensive analysis presented in the Next System …

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