TorqueNews Hot Topics (Page 38)

Last month through leaked text messages between Bill Gates and Elon Musk we learned that the former Microsft CEO has a massive $500 million short position in Tesla. And now Musk says Gates' Tesla short position has grown to $1.5 to $2 billion and revealed that it gives him trust issues.

The Democratic party and Elon Musk have been going through a rough patch as of late. And now, in response to Representative Alexandria Ocasio-Cortez's decision to replace her Tesla Model 3 with a union-built EV, Musk has responded by insinuating she is a puppet for unions.

Tesla investors have been frustrated with the performance of the EV maker's stock since CEO Elon Musk announced his intention to buy Twitter. However, Musk now says he warned investors that Tesla's stock was too high.

Previously Elon Musk has said Tesla will be using a new more powerful Giga press to build the Cybertruck. And now Tesla's Giga Press supplier, IDRA has revealed the new 9000-ton Giga Press will be completed in 3 weeks.

According to a new research paper published by Tesla's battery research team head by Jeff Dahn, the group has discovered a new nickel battery chemistry that can last 100 years. The new battery couples the high energy density of nickel batteries with the long life cycle of lithium iron phosphate cells.

At his latest appearance on Jay Leno's Garage, Ford CEO Jim Farley admitted he convinced his colleagues to increase F-150 Lightning production from 20,000 to 150,000 vehicles a year by pointing to Tesla's production plans at Giga Texas.

Yesterday, I reported on a suspiciously large Tesla short position opened before Bussiness Insider's Elon Musk sexual misconduct story came out. The short position bet large sums of money on Tesla stock falling 11% prior to the Bussiness Insider story. And today, that suspicious short-seller has made 1400% profit in a day.

A few hours ago, Bussiness Insider published a story detailing alleged sexual misconduct by Tesla and SpaceX founder Elon Musk. However, several hours prior to this news, there were indications of "unusual" short-seller activity on Tesla stock.

Tesla's Texas Gigafactory, although the largest building in the world, is still slightly less than a mile long. And now Musk says the EV maker will be extending Giga Texas to make it an even mile. Musk also explains the practical reason why Tesla's factories need to be so large.

Elon Musk at his latest appearance at the All-In Conference has revealed that he got the idea for Model Y front and rear casting from the manufacturing process of toys. This is yet another example of Musk's first principles ethos and why the EV maker is leading the industry.

Elon Musk is no fan of the Securities and Exchange Commission. In the past, Musk has called the SEC Short Seller Enriching Commission. However, now Musk is calling on the SEC to open an investigation on Twitter, after agreeing to buy the social media platform for $44 billion.

Tesla FSD Beta is currently showing rapid progress. And now Elon Musk says Tesla's FSD beta will be released to 1 million vehicles before the end of the year.

In an update to the company's online configurator, Tesla has now stopped taking new reservations for the Cybertruck. The move comes on the heels of Elon Musk announcing the futuristic truck is sold out until 2027.

Last December, after selling out within hours, Tesla has now brought back the Cybertruck-inspired whistle to the company's online shop. However, this time the Cyberwhistle can only be purchased using Doge Coin.

Elon Musk has called for an end to the war against plastic straws. Given he is the founder of Tesla, a company perhaps doing the most to clean up our environment, this was a bit of a head scratcher. However, Musk's words point to a larger critique of society.

Tesla's FSD beta testers are thrilled with the latest version of FSD software and asked Elon Musk if it's time to release FSD to all Tesla drivers. Musk, however, said he still believes the software "needs more work."

Earlier today, Elon Musk announced that he was putting the deal to buy Twitter on hold. This sent Tesla shares up 7% following rumors Musk is planning to walk away from the Twitter deal altogether. However, soon after Tesla stock gave up some of its gains after Musk reiterated that he was still committed to buy the social media platform.

After several delays, the Cybertruck is currently not expected to begin deliveries until late 2023 or early 2024. And now, in a new interview, Elon Musk says Tesla has enough Cybertruck reservations to fill 3 years of production. This pushes deliveries for new reservations as far out as 2027.

Information regarding Tesla's upcoming dedicated robotaxi has been quite limited so far. In what might be the very first details about the new vehicle, Tesla today revealed the design principle of the upcoming robotaxi. Tesla says acceleration, top speed, and handling will not be a top priority for the new vehicle.

According to leaks citing Tesla cell engineers, today the EV maker has started 4680 battery production at Giga Texas. This is expected to alleviate Tesla's cell constraint and enable the EV maker to launch a Model Y with more than 400 miles of range.

Today, Tesla, together with the company's annual impact report announced that in 2021 the EV maker received 3 million job applications. This is in large part thanks to Tesla's charismatic CEO Elon Musk. And suggests in 2021, Tesla received 100 applications per job opening.

Tesla's stock price has fallen down by more than 9 percent following a CNBC report that Elon Musk is planning to take over Twitter's CEO position. Today's price action has decreased Tesla's market cap by more than $90 billion.

Tesla's V3 superchargers are currently capped at 250KW. However, a recent glitch in Tesla's mobile app briefly showed a max charging speed of 387KW suggesting the EV maker might be preparing to launch V4 superchargers.

In the last few days, Tesla shares went down by as much as 18%. Now, we learned the reason Tesla shares were going down was that Elon Musk sold 4.4 million shares to raise $4 billion. This is not the total amount of Musk's sell but, the Tesla CEO says he is done selling, at least for now.

Tesla has started installing video cameras at superchargers to monitor drivers of non-Tesla EVs. The EV maker has also posted a notice with details of how the footage will be used, who will be able to see it, what is being captured, and when it will be erased.

In a move that will surely attract more retail investors, Tesla at the start of this month announced that the company will be doing a stock split. And now thanks to multiple leaks we have information that the EV maker is looking to do a 20 to 1 split.

After The Boring Company raised $675 million from outside investors, Elon Musk's confidence in his tunneling start up looks to be growing. And today, Musk offered the largest and most congested cities in the world if they want The Boring Company tunnels.

The Boring Company recently announced that it raised $675 million at a $5.6 billion valuation. And today Elon Musk announced The Boring Company will build a working Hyperloop.

The New York Times recently shared what appeared to be text messages between Elon Musk and Bill Gates where the former Microsoft CEO admits that he has a $500 million short position against Tesla. Elon Musk has now confirmed the text messages are indeed authentic but, denied that he was behind the leak.

Thanks to the sustainable energy focused YouTube channel Now You Know hosted by father and son duo Zac & Jesse, we get a glimpse of how the Model X fairs against the Rivian R1T in a quarter-mile race.