In a stunning turn of events, Tesla has announced that its capital expenditure for 2023 is set to exceed the already ambitious $7 billion to $9 billion target it laid out earlier this year. The electric vehicle (EV) giant, led by the enigmatic Elon Musk, is leaving no stone unturned as it races to increase … Read more
Tesla Inc. (TSLA.O) faced a setback in the third quarter as it missed market estimates for vehicle deliveries. The electric vehicle (EV) giant delivered 435,059 vehicles in the three months leading up to September 30, falling nearly 7% short of the preceding quarter’s figures. This shortfall was attributed to planned upgrades at Tesla’s factories aimed … Read more
In the ever-evolving landscape of the automotive industry, Tesla Inc. (TSLA) has carved a niche as a pioneering force in electric vehicles (EVs). Despite experiencing some turbulence in its stock performance in 2023, the company’s unwavering commitment to advancing EV technology and autonomous driving continues to affirm its leadership position. This blog post delves into … Read more
In the world of electric vehicles, Tesla has always been the trailblazer, pushing the boundaries of innovation and sustainability. However, even giants stumble occasionally, and the recent 45.67% drop in Tesla shipments from Q2 to Q3 has raised eyebrows and questions within the industry. What’s causing this decline in deliveries? One crucial factor that’s emerged … Read more