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Tesla's 'Golden Goose' Quest: Analyst Assesses Potential To Achieve 30-50% Battery Cost Cuts
Friday, May 26, 2023 - 5:07am | 502A Tesla, Inc. (NASDAQ:TSLA) bull came away impressed from a visit to the electric vehicle giant's Giga Nevada, which manufactures lithium-ion batteries and EV components. The Tesla Analyst: Wedbush analyst Daniel Ives has an Outperform rating and a $183 price target for the stock. The Tesla Thesis...
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Tesla Pursues Investment Over Buybacks? EV Maker Commits To Spending $3.6B, Hiring 3,000 Workers For Giga Nevada Expansion
Wednesday, January 25, 2023 - 10:02am | 585Tesla Inc. (NASDAQ: TSLA) just announced an expansion to its Giga Nevada facility at a time the electric vehicle maker is facing challenges to its fundamental outlook. What Happened: Tesla has committed to invest over $3.6 billion to grow Giga Nevada, the company said in a blog post. This...
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Tesla Mandates Masks At Giga Nevada Regardless Of Vaccination Status: WSJ
Monday, August 9, 2021 - 1:06am | 465Tesla Inc (NASDAQ: TSLA) is reinforcing the face-mask wearing requirement at its Nevada gigafactory starting Monday, The Wall Street Journal reported on Sunday. What Happened: The Palo Alto, California-based electric vehicle maker is telling workers they will be required to wear a mask indoors...
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Tesla Co-Founder JB Straubel's EV Startup To Set Up Facility Near Giga Nevada
Tuesday, June 15, 2021 - 12:17am | 369Tesla Inc’s (NASDAQ: TSLA) co-founder JB Straubel’s EV battery recycling startup Redwood Materials has bought 100 acres of land in Sparks, Nevada, near the electric vehicle maker’s Nevada Gigafactory, as per a TechCrunch report. What Happened: The acquisition is part of...
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Tesla Nevada Battery Capacity To Rise 10% As Panasonic Adds New Production Line
Wednesday, September 9, 2020 - 2:48am | 401Panasonic Corp (OTC: PCRFY) is expanding its production line at Tesla Inc’s (NASDAQ: TSLA) Nevada Gigafactory in order to boost battery manufacturing capacity, the Reno Gazette Journal reported Tuesday. What Happened: “There’s some construction work that needs to take place over...
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Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests
Friday, August 28, 2020 - 12:00am | 601Tesla Inc (NASDAQ: TSLA) CEO Elon Musk confirmed late Thursday that the automaker was the subject of a hacking attempt by a Russian national and his co-conspirators. What Happened: "This was a serious attack," the billionaire entrepreneur said in response to a ...