Tesla dominates carmakers in battery capacity deployed, including state-backed rivals in China

By Simon Alvarez Posted on May 17, 2019 Tesla might have left the first quarter of 2019 worse for wear due to delivery difficulties with the Model 3’s international ramp, but the carmaker still stands tall among its rivals in one key metric: battery deployment. In March alone, Tesla’s battery deployment completely left behind competitors, […]

Baillie Gifford praises Tesla’s new leadership, says new CFO is great fit for Elon Musk

By Simon Alvarez Posted on May 14, 2019 Tesla’s (NASDAQ:TSLA) second-largest shareholder, Baillie Gifford, has been consistent with its support of the electric car maker, with James Anderson, a senior partner at the firm, even calling out the unethical activities of the company’s critics last year. Anderson spoke about Tesla again recently during an interview […]

Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition

By Simon Alvarez Posted on May 8, 2019 Tesla (NASDAQ:TSLA) announced on Wednesday that it had closed its $2.7 billion offering of stock and convertible notes. The electric car maker also noted that it had oversubscribed its funding round, giving the company ample cash as it ramps up Model 3 production and prepares for other […]