Giga Shanghai

Elon Musk, the entrepreneur behind Tesla Inc. and SpaceX, has revealed one of his culinary cravings — and it involves Yum! Brands, Inc. (NYSE:YUM) -owned Taco Bell’s Breakfast Crunchwrap! What Happened: On Friday, a user took to Musk’s Twitter, now rebranded as X, and shared their love...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is back in America after a two-day trip to China, his first since the onset of the COVID-19 pandemic. The billionaire entrepreneur made a pitstop at Giga Shanghai as part of his tour and delivered a late-night speech praising his Chinese...

Tesla Inc. (NASDAQ: TSLA) has commenced recruitment for Giga Mexico, the EV giant’s latest flagship Gigafactory in Nuevo Leon. What Happened: Job postings on Tesla’s career website showed the EV maker has commenced hiring for its new and upcoming Mexico Gigafactory. See Also: Best...

Tesla Inc.’s (NASDAQ: TSLA) China sales climbed solidly in February, thanks to a series of downward price adjustments the electric vehicle maker has been implementing since late last year. What Happened: Tesla’s February sales rose 31.7% year-over-year to 74,402 units, preliminary...

Tesla Inc. (NASDAQ: TSLA) confirmed at its Investor Day held on Wednesday that its next Gigafactory would come up in Nuevo León, Mexico. What Happened: The proposed factory in Mexico will likely come up in record time, beating the previous record set by the Giga Shanghai factory in...

Tesla Inc.’s (NASDAQ: TSLA) recent price cuts in China have boosted sales but not by as much as it would have desired. What Happened: Tesla’s electric vehicle sales nearly doubled in the week ended Feb. 20 to 10,703 units compared to the previous week, data from China Merchants...

Toyota Motor Corp. (NYSE: TM) successfully defended its title as the world’s biggest automaker by volume despite the tough macroeconomic backdrop. What Happened: Toyota reported on Monday that its worldwide sales, including the numbers from its subsidiaries, came in at 10.48 million units in...

Tesla Inc.’s (NASDAQ: TSLA) battery supplier LG Energy Solutions, or LGES, is reportedly planning to expand its relationship with the electric vehicle giant. What Happened: LGES said it is in "active discussions" with Tesla and other EV startups for the supply of...

As Tesla Inc. (NASDAQ: TSLA) preps to release its fourth-quarter results, here are some insights into what to expect from the report and its implication for the stock that is taking fledging steps to recovery. Q4 Outlook: Analysts, on average, estimate non-GAAP earnings per share of $1.13 for...

Tesla Inc.’s (NASDAQ: TSLA) stock price received another price target cut, underlining tempered expectations concerning the stock and the company. The Tesla Analyst: Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Tesla stock and reduced the price target from $330...

Update: Tesla shares have recouped since the publication of this story, trading 2.6% higher at $111.95 around 6:30 a.m. EST. Tesla Inc. (NASDAQ: TSLA) shares were lower in premarket trading on Wednesday, suggesting the beaten-down stock might decline for an eighth straight session. What...

Shares of electric vehicle maker Tesla Inc. (NASDAQ: TSLA) were trading lower in premarket trading on Tuesday. What Happened: A couple of negative catalysts could be weighing down on the stock at the start of the new trading week. Reports over the weekend suggested that the company preponed...

Tesla Inc. (NASDAQ: TSLA) has reportedly trimmed production at its China plant in December, casting a cloud on its performance during the final quarter of the year. What Happened: Tesla trimmed the December Model Y output rolling out of its Giga Shanghai plant by more than 20% from...

Tesla Inc. (NASDAQ: TSLA) sales slowed slightly in October from the previous month’s record performance. What Happened: Tesla sold 71,704 made-in-China, or MIC, cars in October, down 13.8% from 83,135 cars sold in September, preliminary data from China Passenger Car Association showed,...

Tesla Inc. (NASDAQ: TSLA) hit record wholesale sales in China in September, according to preliminary data released by the China Passenger Car Association, reported Reuters. What Happened: The U.S. electric vehicle maker sold 83,135 Chine-made EVs in September, up 8.02% from the 76,965 cars it...