Tesla's (TSLA) Musk Teases Up to $10B Buyback, Says Could Be Worth More than Apple and Saudi Aramco 'Combined'
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Tesla (TSLA) Releases Software Update
October 24, 2022 2:14 PM EDTElectric vehicle maker, Tesla Inc. (NASDAQ: TSLA) released software update 2022.40.1 over the weekend, introducing improvements to Sentry Mode, Dog Mode, charging, radio stations, and driver door unlock mode.
The update started rolling out on Saturday with the latest version helping to improve the vehicles efficiency while Supercharging. If you choose to charge at a non-Tesla DC fast charger, the update should speed up the session there as well. This is because Tesla... More
RBC Capital Defending Tesla (TSLA) Amid 5% China Price Cuts: 'we are a bit less concerned than bears and believe this can help stimulate demand in China'
October 24, 2022 11:58 AM EDTRBC Capital analyst Joseph Spak reiterated an Outperform rating and $325.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Bearishness on TSLA has increased primarily on demand in China and the specter of price cuts. That has now occurred as the... More
Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030
October 21, 2022 2:28 PM EDTAn exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.
Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More

