Tesla’s Stock Tumbles 8% After ‘Historic’ Announcement; Market Cap Drops by $67 Billion

October 12, 2024 – In the local markets on October 11, Tesla’s shares plunged by 8.78%, closing at 217.8,whichresultedinamarketcapitalizationof695.79 billion. This significant drop wiped out $67 billion from the company’s valuation overnight. The preceding day, on October 10, Tesla unveiled its autonomous taxi and autonomous van models. However, due to the scarcity of detailed information,…

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Priced at $132K, First Police Tesla Cybertruck Hits the Road: Taxpayers Protest

October 11, 2024 – The inaugural police Tesla Cybertruck has hit the streets of Irvine, California, sparking controversy among taxpayers due to its hefty price tag of $132,000. This unique Cybertruck boasts customized police graphics, emergency lighting, and a bespoke interior tailored for its new role, with components crafted by Unplugged Performance and Whelen Engineering….

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Tesla Makes Progress: 3,000 Trees Felled Under Police Escort in Berlin

September 26, 2024 – Tesla’s expansion plans for its Berlin factory are facing strong opposition from environmental organizations. Local residents and environmental activists are concerned that the expansion will damage the local forest ecology and have a negative impact on the environment. Earlier this year, residents of Grunheide, where the Tesla Berlin factory is located,…

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Tesla’s Wireless Charging Vision Comes to Light with Four Newly Revealed Patents

September 09, 2024 – The United States Patent and Trademark Office has recently revealed four patents held by Tesla, which are related to wireless charging technology for vehicles. These patents suggest that Tesla cars may soon be capable of wireless charging, utilizing methods such as magnetic resonance. Historically, Tesla had shown little interest in incorporating…

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