Tesla Faces Mounting Losses as Extremist ‘Volcano Group’ Claims Responsibility for Factory Fire

March 07, 2024 – An extreme environmentalist group calling itself the “Volcano Group” claimed responsibility for a fire attack on a high-voltage tower near Tesla’s German factory on Tuesday, resulting in a halt to production. The blaze caused damage to some factory facilities, and combined with the losses from the production stoppage, Tesla’s financial toll…

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Tesla’s Refreshed Model 3 Performance Obtains South Korean Certification, Revealing New Details

March 06, 2024 – Tesla’s refreshed Model 3 Performance has recently obtained certification in South Korea, revealing some intriguing details about the upcoming electric vehicle. This new iteration boasts a front 3D3 induction asynchronous motor paired with a rear 4D2 permanent magnet synchronous motor (a new configuration), delivering 215 horsepower and 412 horsepower respectively. However,…

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Tesla Model 3 Performance Upgrade Spotted with Sports Seats for High-Intensity Driving

February 19, 2024 – Recently surfaced camouflaged spy shots of the upcoming Tesla Model 3 Performance upgrade have confirmed that the soon-to-be-released all-electric sedan will be equipped with sports seats designed for high-intensity driving. In line with other Tesla seat designs, the Model 3 Performance’s sports seats feature a sleek white aesthetic, adding to the…

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Tesla Unveils Bold Capital Expenditure Plans for 2024 and Beyond

January 30, 2024 – Tesla has today shed light on its capital expenditure plans for 2024 and beyond through the release of its 10-K report. In keeping with its tradition of increasing investments, the electric vehicle giant anticipates spending at least 10billionthisyear,anamountthatequatestoapproximately71.8billionChineseyuan.For2025and2026,thecompanyhasbudgetedbetween8 billion and $10 billion. Acknowledging the dynamic nature of its undertakings, Tesla cautioned…

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