To The Moon

Historical parallels with Detroit in the 1970s when a wave of new entrants from Asia knocked General Motors , Ford , and Chrysler from their perch?

EV stocks jumped in morning trading, following the overall trend. Tesla rose 3.6%; NIO rose 7%; Rivian and Zeekr rose over 9%; Vinfast rose 11%; XPeng rose 6%.

-- Tesla Inc. has begun hiring back some of the almost 500 members of its Supercharging team that Chief Executive Officer Elon Musk dismissed late last month.Trump Vows ‘Day One’ Executive Order Targeting Offshore Wind. China to Start $138 Billion Bond Sale on Friday to Boost Economy. GameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme Mania. Putin Names Economist as Defense Minister in Surprise Reshuffle. Chief among the personnel who have returned is Max de Zegher, the director of charging for North America, according to people with knowledge of the matter, who asked not to be identified because the information is private. De Zegher was one of the top managers after Rebecca Tinucci, the senior director Musk fired late last month along with virtually everyone else in the charging group.Musk’s dissolution of the team stunned the broader electric vehicle sector, as Superchargers arguably have been Tesla’s shrewdest product. In the past year, the company convinced competitors to em

Tesla has now disclosed that it is spending money to promote its shareholders vote to approve of Elon Musk’s $55 billion compensation package.

Tesla is now offering heavily discounted 0.99% financing on Model Y for a limited time in an attempt to boost orders.

PLTR has already pulled back by -9.8%, well underperforming the wider market at +3.2%, with it apparent that sentiments surrounding generative AI has finally entered normalization zones.Even so, the S

Leave it to Tesla CEO Elon Musk to add more chaos to a situation that he ostensibly created in the first place.In a tweet on X early Friday morning, Musk addressed concerns many have had over his recent move to shrink down Tesla’s Supercharger team.“Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year,” Musk wrote. “That’s just on new sites and expansions, not counting operations costs, which are much higher.”Shortly thereafter, Musk also started a “Supercharger Community” on X, where members can discuss and share stories on the topic.Whether Musk’s proclamation that Tesla is still heavily investing in the Supercharger is accurate or not is another story, but the industry, investors, and EV owners are seeking clarity and demanding answers.“If there are stranded real estate partners who are looking for someone to call, they should feel free to pick up the phone and call me or look

Tesla stock was rising in premarket trading Friday after CEO Elon Musk said the electric-vehicle company would be spending "well over" $500 million to expand its Supercharger network.In a post Friday on his social media platform X, Musk said Tesla would be creating "thousands of NEW chargers this year. That's just on new sites and expansions, not counting operations costs, which are much higher.". The announcement from Musk follows reports last week that said Tesla was cutting its Supercharger team of around 500 people.The gains for Tesla Friday put the stock on track to halt three consecutive down days.Shares rose 1% in premarket trading to $173.66, while S&P 500 and Nasdaq Composite futures both were rising 0.4%.Coming into Friday, Tesla stock has fallen about 5% for the week with drops on Tuesday, Wednesday, and Thursday.