Author: john@provenroi.com
Benchmark has reaffirmed its “Buy” rating and $475 price target on Tesla stock (NASDAQ: TSLA) as the company gears up to announce its third-quarter vehicle deliveries in the near future. Tesla stock closed the third quarter at $444.72 per share, giving the electric vehicle manufacturer a market cap of $1.479 trillion at the end of Q3 2025. Benchmark analyst Mickey Legg has provided estimates for Tesla’s third-quarter deliveries, predicting that the company will deliver around 442,000 vehicles. While this estimate falls slightly below the 448,000-unit consensus, it still represents a significant increase from the 384,000 vehicles delivered in Q2 2025.…
The 2026 Tesla Model Y Performance has officially made its way to the United States, following its debut in Europe and just before the $7,500 federal tax credit expired. Priced at $59,130, including destination and mandatory order fees, the Performance variant is $8,500 more expensive than the Model Y Long Range All-Wheel Drive and $2,500 more than the Model 3 Performance. Customers can expect an EPA-estimated driving range of 306 miles, a top speed of 155 miles per hour, and a zero to 60 miles per hour acceleration in just 3.3 seconds. Compared to its predecessor, the new Model Y…
Tesla Model Y Gets $1,000 Price Increase in Canada Tesla has increased the price of its Model Y electric SUV by $1,000 CAD in Canada. The change comes just a week after Tesla announced a price increase for the Model 3 in Canada. The Model Y now starts at $64,990 CAD for the Long Range Dual Motor version, and $69,990 CAD for the Performance variant. Tesla Model S Plaid Deliveries Start in Canada, Massive Tax Credit Confirmed Tesla has officially started deliveries of its Model S Plaid electric sedan in Canada, coming with a surprise in the form of a…
The era of federal EV incentives in the United States is coming to an end, as the $7,500 federal tax credit is set to expire tomorrow. This marks a significant shift in the auto industry, especially for electric vehicle sales. The Trump administration’s decision to eliminate this tax credit has prompted a surge in EV purchases in the final days leading up to the deadline. In fact, automakers managed to sell a record 410,000 EVs in the third quarter, accounting for 11% of overall sales, according to Cox Automotive. While the federal tax credit may be disappearing, some states are…
SpaceX is making moves to bring its Starlink satellite internet service into the world of brick-and-mortar retail with the launch of its first physical store. A recent job listing for a Starlink Store Manager in Bakersfield, California, suggests that the company is gearing up to provide customers with a hands-on experience of its broadband internet service. The job posting, discovered by user @xdNiBoR, outlines the responsibilities of the Store Manager, which include overseeing day-to-day operations, managing a team of employees, and ensuring customers have a seamless and informative experience. SpaceX is looking for someone with experience in launching and operating…
Tesla CEO Elon Musk has announced that significant improvements are on the horizon for one of the most exciting features of Tesla vehicles: Actually Smart Summon (ASS). Last September, Tesla introduced ASS as a major upgrade from its previous Summon feature, allowing owners to summon their vehicles in places like parking lots. ASS is a standout feature of Tesla’s Full Self-Driving program, offering owners a unique and convenient way to retrieve their vehicles. While ASS has seen several enhancements in terms of range, accuracy, and overall performance, there are still areas where it can be improved. Some users have reported…
Porsche has always been known for its commitment to evolution rather than revolution when it comes to engineering. The company has stayed true to its roots by sticking with the rear-mounted flat-six engine in its flagship sports car for 77 years. However, with the introduction of the new Porsche Cayenne Electric, there seems to be a shift towards a more revolutionary approach, according to Marco Schmerbeck, head of the energy system for the Cayenne Electric. In a recent engineering preview for the Cayenne Electric in Leipzig, Germany, Schmerbeck expressed his belief that the battery in the Cayenne Electric represents a…
Electric vehicle (EV) buyers in the United States can breathe a sigh of relief as General Motors and Ford have come up with a plan to extend the $7,500 EV tax credit for their customers. This move comes as the tax credit expires for other automakers today, leaving potential buyers concerned about inflated prices and reduced discounts on EVs. According to a report by Reuters, both GM and Ford are working with their dealers to offer a program that allows customers to lease EVs with the $7,500 subsidy factored into the price. The automakers’ financing arms have purchased the EVs…
Tesla Unveils First 500kW Supercharger Featuring New V4 Cabinet: What’s the Charging Speed? Tesla has recently launched its inaugural 500kW Supercharger in Redwood City, California, marking a significant milestone for the company’s cutting-edge charging infrastructure. The Cybertruck stands out as the first vehicle in Tesla’s lineup equipped to leverage the power of this advanced 800V high-voltage system. While the headline number of 500kW charging speed is impressive, a closer examination reveals that the practical impact on owners is more of an incremental improvement rather than a groundbreaking leap. The real game-changer lies in the enhanced efficiency and ease of deployment…
eleventh test flight of SpaceX’s Starship rocket is set to take place on Monday, October 13. Originally scheduled for October 6, the test was pushed back by a week to allow for additional preparations. The previous test flight, the tenth in the series, was a success, with the spacecraft achieving all mission objectives, including the deployment of a Starlink simulator. The upcoming flight, labeled Flight 11, will feature SpaceX’s current Starship V2 design and will focus on testing a new landing burn sequence for the Super Heavy booster. The booster, which will be flying for the second time after its…