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Tesla Invests $1.5 Billion with Bitcoin

WIL BALDWIN February 8, 2021

On Monday morning, February 8th 2021, Tesla disclosed in a SEC filing that it had invested $1.5 Billion in Bitcoin, the most commonly known form of cryptocurrency. The company also noted that it is planning…

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Toyota Motor North America Reports December 2020, Year-End Sales

WIL BALDWIN January 6, 2021

Toyota Motor North America (TMNA) reported December 2020 sales of 249,601 vehicles, an increase of 20.4 percent on a volume basis and up 7.5 percent on a daily selling rate (DSR) basis compared to December…

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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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VW Not Seeking Deal With Tesla – CEO Diess

WIL BALDWIN September 7, 2020

FRANKFURT, Sept 7 (Reuters) - Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop…

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Ford Announces Goal to Donate 100 Million Masks

WIL BALDWIN September 4, 2020

- New Documentary Celebrates Workforce Response to Covid-19 https://youtu.be/lYHgV2u1T2Y DEARBORN, Michigan, Sept. 4, 2020 – Following completion of its 50,000th ventilator to help clinicians treat COVID-19 patients, Ford is pivoting to target production of 100 million…

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Tesla Announces a Five for One Stock Split

WIL BALDWIN August 12, 2020

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

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Tesla Negotiating for Possible Texas Vehicle Assembly Plant

WIL BALDWIN June 15, 2020

(Reuters) - Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on…

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Tesla Cuts Prices up to 6% in North America to Boost Demand

WIL BALDWIN May 27, 2020

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York Tesla Inc <TSLA> has cut prices of its electric vehicles by as much as 6% in North America…