Search Results for "Elon Musk"

Stock & Business

Deutsche Bank Raises Tesla TSLA Price Target to $500 from $400, Upgrades to Buy from Hold

Deutsche Bank has upgraded Tesla's stock rating from "Hold" to "Buy" and raised its price target by 25% to $500, citing a positive interpretation of the company's Battery Day announcements. This indicates strong institutional confidence in Tesla's future growth and technology roadmap. For owners and enthusiasts, this analyst upgrade reflects growing market optimism about Tesla's long-term strategy and potential value.

Oct 01, 2024

Latest

Elon Musk's Nickel Plea Can Be Satisfied with Tanzania Mine, Says Kabanga Nickel

A new nickel mine in Tanzania could help meet the high demand for nickel from Tesla and other EV makers. This would secure a key battery material needed for electric vehicle production. For Tesla owners and enthusiasts, it means a more stable supply chain for future vehicles, potentially supporting continued growth and production.

Oct 01, 2024

Latest

Tesla 4680 ‘Million-Mile’ Battery Is Already Here, Hints Clever Video Soundtrack

Tesla's new 4680 battery cells are hinted to have achieved a "million-mile" lifespan, despite not being explicitly announced during Battery Day. This suggests a major advancement in battery longevity is already in production. For owners, this could translate to significantly longer-lasting vehicles with minimal battery degradation over many years of use.

Oct 01, 2024

Stock & Business

Tesla Working on Lithium Refining Activity as 'the best way to learn how to accelerate something is to do it yourself'

Tesla is entering the lithium refining business to secure its own supply of the critical battery material. This move aims to reduce costs and accelerate production by bringing more of the supply chain in-house. For owners and enthusiasts, it signals Tesla's commitment to lowering battery costs and scaling up vehicle production more efficiently.

Oct 01, 2024

Latest

Elon Musk Is Confident Tesla Will Reach Level 5 Autonomy in 2021

Elon Musk has expressed confidence that Tesla will achieve full self-driving (Level 5) autonomy from a technical standpoint in 2021. This suggests the company's development is progressing positively, though it remains an ambitious goal. For owners and enthusiasts, this signals Tesla's continued aggressive pursuit of a fully autonomous vehicle system.

Oct 01, 2024

Cybertruck

Tesla Will Switch to 48V Low-Voltage System in Cars to Significantly Reduce Use of Copper

Tesla is transitioning its vehicles to a 48V low-voltage system, starting with the Cybertruck. This change will significantly reduce the amount of copper needed in production, lowering costs and weight. For owners and enthusiasts, this represents a key step in Tesla's ongoing effort to innovate and streamline vehicle architecture.

Oct 01, 2024