tesla gigafactory

Tesla Plans to Finish Up the Construction of Texas Plant by this Year, Will Cost around $1.1B

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By Sanaa Sharma Nov 24, 2021

Tesla’s new automobile factory that is coming up in Austin, Texas, will cost Musk more than $1 Billion. The massive workshop, which is being called the Gigafactory, will essentially finish up the construction of its major elements by December 31st.

TSLA Stock Rockets 20% amid Growing Tesla Sales in China

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By Darya Rudz Mar 10, 2021

In February, Tesla produced 23,632 cars and delivered 18,300 vehicles, which marks an 18% increase from the month before, when it sold 15,484 vehicles locally after exporting an estimated 7,956 cars from Gigafactory Shanghai.

Tesla Stock Up 7% as Analysts Are Raising Price Target for TSLA Shares

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By Darya Rudz Nov 23, 2020

On Friday, Tesla stock closed at $489.61, or 9.66% down. Today, at the time of writing, TSLA stock is 7% up, trading at $524.11.

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Tesla Starts Delivering Shanghai-Made Model 3 to Europe, TSLA Stock Declines After Hours

By Darya Rudz Oct 19, 2020

This year, Tesla plans to produce as many as 150,000 Model 3 at its Shanghai facility. Currently, Tesla makes around 11,000 units per month.

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Tesla Employees at Nevada Gigafactory Can Use Bitcoin ATM by LibertyX

By Steve Muchoki Oct 12, 2020

The Bitcoin ATM at the Tesla Nevada Gigafactory is said to have been live since August.

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Panasonic Stock Down 2,4% Despite Higher Profit on Cost Cuts, Improved Issues with Tesla

By Teuta Franjkovic Feb 3, 2020

Panasonic Corp reported higher operating profit boosted by cost cuts and an improvement at the joint battery business with Tesla Inc. However, despite good results, Panasonic stock price is moving down.

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Tesla Stock Hits $420: Elon Musk Seems to Have ‘Funding Secured’

By Darya Rudz Dec 24, 2019

Last year Elon Musk made a statement about reaching $420 per share and going private. Now Tesla stock has managed to reach this price.

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Tesla Stock Is Unstoppable, Will It Reach $420?

By Teuta Franjkovic Dec 19, 2019

Tesla stock seems to be unstoppable as it soared past $400 on Thursday, which is the culmination of a late-year rally that started in October when the Silicon Valley car maker surprised investors by showing a profit for its third quarter.

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Tesla Is Going to Lower Price for Its China-Produced Sedan

By Teuta Franjkovic Dec 18, 2019

U.S. electric vehicle maker Tesla is considering cutting the prices of its China-built Model 3 sedans by 20% or more next year. Prices of the cars, which will be manufactured in Tesla’s new Shanghai factory, will stand at $50,500.

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Elon Musk Announces Berlin as Location for Tesla’s European Gigafactory

By Tolu Ajiboye Nov 13, 2019

Tesla’s earlier announced gigafactory for the European market has now been revealed by Elon Musk to be in Berlin. The factory is expected to be fully operation no later than 2021, and will begin with the Model Y.