Tesla Giga Factory U.K. Coming ?

In a report published on Monday by The National Grid unit, The United Kingdom wants to achieve net-zero emissions before 2050 by transitioning from ICE cars to electric vehicles.

Bloomberg reports that The United Kingdom is set to double the number of electric vehicles to 30 million over the next two decades due to green governmental policies, according to National Grid plc’s Electricity System Operator unit.

Tesla CEO Elon Musk in 2019 said he would have chosen The United Kingdom for the European Giga factory, but due to Brexit, he opts for Berlin, Germany.

Brexit, the withdrawal of the United Kingdom from the European Union. Following a UK-wide referendum in June 2016, in which 52% voted to leave and 48% voted to remain in the EU, the British government formally announced the country’s withdrawal in March 2017, beginning the Brexit process. 

If U.K. plans to transition from ICE cars into Electric vehicles before the middle of the century, I believe there is still a very good chance that Tesla CEO will reconsider his stance on whether to put a Gigafactory in The United Kingdom or not.

In May 2020, there was a report by Propertyweek that Tesla was considering building a gigafactory in the UK as it seeks 4m sq ft, with reports suggesting that the electric car firm is evaluating a potential site in Somerset. There is no confirmation on whether any UK facility would be a full car production factory or would focus on a specific technology such as batteries as Elon Musk has already named Giga Berlin the first European factory, where the production of Model 3 and Model Y is expected to begin in 2021.

This is a very good news for all EV enthusiasts, most especially for Tesla investors. If Tesla builds a new factory in the U.K., such factory can cater for the needs of most countries with left-side driving. Most areas of the world which were formerly British colonies still drive on the left hand side of the road including Australia, the Caribbean, India and South Africa. Japan also drives on the left. Europe generally drives on the right hand side apart from Cyprus, Ireland, Malta and the United Kingdom.

Tesla Files Trade Secrets Lawsuit Against Rivian

Tesla Inc. has accused electric adventure vehicle maker Rivian Automotive Inc.’s alarming pattern of poaching its employees and stealing trade secrets.

Electric vehicle giant Tesla Inc! is calling Rivian out for trying to steal its currently employed workers, through its former employers. Tesla also accused Rivian employees of transferring highly sensitive proprietary information as they left to work for the rival startup, and Tesla said it suspects there are at least two more culprits.


“Misappropriating Tesla’s competitively useful confidential information when leaving Tesla for a new employer is wrong and risky,” according to the complaint filed in state court in San Jose, California, as reported by Reuters. “One would engage in that behavior only for an important benefit — to use it to serve the competitive interests of a new employer.”

On defense, Rivian denied all allegations made by Tesla. Rivian responded by saying it is required that all new employees confirm that they have not, and will not, introduce former employers’ intellectual property into Rivian systems.

“Rivian is made up of high-performing, mission-driven teams, and our business model and technology are based on many years of engineering, design, and strategy development,” the company said in an emailed statement reported by Reuters.

“This requires the contribution and know-how of thousands of employees from across the technology and automotive spaces.”

In the new suit, Tesla called itself Rivian’s “number one target from which to acquire information,” and said that Rivian has hired 178 ex-Tesla employees, roughly 70 of whom joined Rivian directly from Tesla.

Founded in 2009, Rivian futuristic R1T, an all-electric pickup truck, which promises 400 miles of driving range on a single charge, and an acceleration time compared with those of superfast sports cars, is expected to go on sale in late 2020.

Using Tesla’s style to direct sales to consumers without dealership or middlemen, Rivian truck will be sold directly to consumers, although Rivian says that it also will set up a network of service centers and Tesla-like stores.
Rivian R1t

Amazon has ordered 100,000 electric delivery vans from Rivian, as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. Delivery of the vehicles will begin in 2021. Amazon expects to have 10,000 electric vans in operation by 2022 but is not slated to take delivery of the entire 100,000 Rivian vans the contract calls for until 2030.

In April 2020, Rivian reached 2000+ employees. Rivian raised capital of US$2.85 billion during 2019, through four major investments, including a US$500 million investment by Ford in April, which “plans to use the Rivian skateboard for a new battery electric vehicle,” and US$1.3 billion investment round led by T Rowe Price announced in December to get the R1T truck and R1S SUV into production by late 2020.

Rivian said in its statement that “we admire Tesla for its leadership in resetting expectations of what an electric car can be,” while calling the claims in the lawsuit baseless and “counter to Rivian’s culture, ethos and corporate policies.”

Tesla Up +9.47% On Monday – Just Two Days Before Q2 ER

Electric vehicle giant Tesla Inc! Stock rallied +9.45% on Monday, outperforms broad market to close at $1,643.00.

Tesla Inc. closed $151.99 short of its 52-week high ($1,794.99), which the company achieved on July 13th.

Why Is Tesla Rallying Today?

The Stock of the Most Valuable Vehicle Company In The World moved higher almost 10% today as vaccine progress and stimulus talk sparked optimism.

Oxford University and AstraZeneca developed a vaccine with a positive response in their early-stage human trial with more than 1000 participants. According to Investing.com, it was found that the vaccine produced antibodies and killer T-cells that can last at least two months with no serious side effects.

In Other News

Other stocks that rallied today include, Amazon, Google, Zoom, and cloud software names from Adobe to MicrosoftShopify, and Zoom Video rebounded from support areas, while Tesla ran higher heading into earnings.


Coronavirus cases worldwide have reached 14.80 million. Covid-19 deaths are at 611,000. Coronavirus cases in the U.S. have topped 3.94 million, with deaths above 143,000. In all likelihood, global Covid-19 cases surpass 15 million worldwide on Tuesday, with U.S. infections clearing 4 million.

According to investors.com, there are some tentatively promising signs in some U.S. hot spots that new coronavirus cases or ICU hospitalizations are leveling off or falling. That helped the market to rally today, most especially Tech Stocks, with Nasdaq almost hitting fresh new ATH.

Time To Take Partial Profit, or Let It Run?

Tesla investors who bought below the psychological $1000 point are now tasked with taking partial profit or letting their winners run till after Q2 earnings.

Tesla will report earnings on Wednesday once the market closes. Investors won’t stop betting that Tesla earnings will be positive and once Tesla is included in the S&P 500, to the Moon and beyond!.


Are you holding your shares or are you planning to take partial profit?. Feel free to use the comment section to share with us.

Giga-Berlin Reinforced Concrete Triggers Environmental Controversy

Electric vehicle giant Tesla is taking a big risk in the construction of Giga Berlin as the state of Brandenburg has not yet given Tesla the full environmental approval for Giga Berlin.

Germany has received over 370 objections to the Giga Berlin project so far. The Strausberg-Erkner water association had warned earlier that there might not be enough drinking water available for the further expansion of Giga Berlin.

as shared by CEO – Elon Musk – Tesla Giga Berlin 2020

Conservationist Julia Neigel, a popular singer in Germany, who has written five petitions in the project “Initiative Against Gigafactory Grünheide”, fears consequences for drinking water.

She fears rainwater will no longer be able to seep away and drinking water will not get in.

She also argues that the saltwater, which is stored there at depth, could rise, and could have negative consequences for the drinking water. The region is already suffering from water shortages. Neigel calls for an investigation committee in the state parliament. According to Neigel, who is a prominent voice against the idea of Giga Berlin, the factory location is partly in the drinking water protected area.

Tesla’s first construction application didn’t include reinforced concretes, but that has since changed in a modified version that was published in July.

According to Tesla in the modified version: “In some areas (press shop and foundry), the foundations are laid using reinforced concretes to be able to transfer the loads accordingly into the ground.” Tesla wrote.

The government of Brandenburg has promised to look into the matter, like they have always done, and promise to publicize every find for everyone to see. The state government has so far been proven to be as transparent as possible.

Furthermore, Tesla representatives say that pillars are a common and normal process – especially here in the region. Pillars are also common for drinking water protection areas. Some norms and regulations stipulate the safe use and installation of pillars. The planned steps would also have to be approved by the authorities.

“Betting Against Tesla Stock Is A Bad Idea” – Popular Tesla Bear

Longtime Tesla Stock bear, Carson Block, warns that betting against Tesla Stock is a bad idea. He warns short-sellers to stay the heck away from short-selling Tesla.

Carson Block: “Short it at your own risk. I wouldn’t do that.”

Carson Block is one of Tesla critics since day one. Block is a short-seller and the founder of Muddy Waters Research. Block is known for documenting and alleging fraudulent accounting practices in publicly traded Chinese companies.

In an interview with Bloomberg’s Tracy Alloway and Joe Weisenthal on the Odd Lots podcast, Block thanked God for not shorting the stock that has ruined well established short selling funds.

“I’m not short the stock, thank God,” – Block

“We used to joke that Tesla, when it files for bankruptcy, will probably have a $30 billion market cap. Short it at your own risk. I wouldn’t do that.” – He added.

According to Block, you can bet against Tesla, but never ever bet against Elon Musk. Well we guess that equally means, never ever bet against Tesla as long as Elon Musk remains incharge!.

Tesla Bags $14.7 Million Tax Break If It Creates Giga Texas

A $14.7 million deal has been secured by Tesla Inc!. if the electric vehicle making giant builds a new giga factory in Travis County, Texas.

Commissioners in Travis County, home to Austin and the possible next Tesla factory, yesterday approved a property tax breaks worth at least $14.7 million, over 10 years. The incentives are on top of $46.6 million in property tax abatement that the Del Valle School District Board approved earlier this month. 

According to thestreet, under the terms of the deal, the amount of the tax incentives to Tesla could increase significantly if the company invests more than $1.1 billion in the manufacturing plant near Austin. Tesla has said the plant will employ 5,000 people, the Austin Statesman reported.

This shouldn’t appear as a breaking news to our readers, as it is something we have been talking about for sometime. If Tesla builds Giga Texas, the factory is expected to build the all-electric Cybertruck and the Model Y.

Tesla is presently building its first giga factory in Europe, in Berlin Germany. Once Giga Berlin is complete later this year or early next year, production of a revolutionary Model Y (Built for Europe roads) and Cybertruck is expected to start there next year.

Tesla is presently trading at $1,544.98 +28.18 (1.86%), before hours: 8:22AM EDT.

When Is Tesla Massive Rally Likely To Come To An End?

For the year 2020, Tesla stock is up more than 300%.

If you are like other thousands of investors that are wondering why Tesla is rising exponentially for months, today is your lucky day as we will be diving deep into this insane rally and try to shed light into why the stock is up over 300% year-to-date.

At a market cap of over $300 billion, making it the 10th largest U.S. stock by market value according to FactSet, it’s no surprise that CEO Elon Musk is arguably the most talk about celebrity-ceo in town.

Last week Friday, after the Shares of the electric car-making giant closed for the first time ever at $1546, beating search giant Google in terms of closing price, CEO Elon Musk zoomed past Warren Buffett on the Bloomberg Billionaires Index to become the world’s seventh wealthiest person. Musk’s fortune rose more than $6 billion Friday, according to Bloomberg, after Tesla’s stock surged 10.8% to a record $1,544 per share. Its market value stood at $286.5 billion.

Tesla shares is up over 50% this month alone after the electric vehicle maker smashed delivery estimates in the second quarter, delivering about 90,650 vehicles.

On opening today, Tesla’ stock gaped up to open at $1,659.00, shocking both bulls and bears, and sending short sellers deeper under the water.

Tesla short sellers lose more than $1.5 billion in one day as Tesla stock skyrockets on earnings back in January 2020. Investors betting against Elon Musk’s electric-auto maker Tesla collectively lost more than $1.5 billion on Thursday, January 30th 2020 after its solid earnings. Those numbers are now like a joke next to the over $20 billion that short sellers are now down with.

Last week Thursday, CNBC reported that Tesla short sellers were down $18 billion this year, including another $4 billion in July, we believe short sellers are now down over $6 billion for the month of July at the moment.

According to S3 Partners director Ihor Dusaniwsky: “The reason behind Tesla’s short squeeze is obvious and straight forward, large mark-to-market losses are forcing out some short sellers as they hit their loss limit thresholds,” Dusaniwsky wrote. “If Tesla’s stock price continues to trend upward, we expect even more short covering as mark-to-market losses accumulate.”.

Why Is Tesla Stock Price Skyrocketing All Of A Sudden?

Tesla’ stock was consolidating for over 5 years, within 2013 – 2019, before the massive rally began. The chart below shows the price action of Tesla stock price before and after the massive rally began.

In February 2020, Ark Invest CEO  Catherine Wood told CNBC that she stands by her latest five-year price target of $7,000 per share for Tesla.

“Our confidence level that this stock is heading for $7,000 over the next five years is very high,” Wood, the founder and CEO of Ark Investment Management, said on “Fast Money.”

“We’ve arrived at that price by weighting the probabilities of 10 different scenarios, including bankruptcy, to be honest. So we’ve tried to be as fair and balanced as we could possibly be,” added Wood, whose firm has about $11 billion in assets under management.

“The electric vehicle is going to drop below the price of a gas-powered vehicle, like-for-like, within the next 18 months to two years, and then will continue to fall,” Wood said in an interview on Barron’s Market Brief. “So, it’s going to be a no-brainer. Electric cars are going to be cheaper and they’re better cars, they’re better calls.” She added.

Tesla Suspends And Resumes Production

In March 20, 2020, Tesla’s shares went down 8% in after-hours trading following the decision to suspend production at the Fremont, California plant, when local authority instructed people to stay at home in a bid to stop the spread of the coronavirus.

That announcement was made just as Tesla was ramping up production of its Model Y sport utility vehicle at the factory.

It took Tesla CEO over 5 weeks to fight back and force local authority to allow his employees to get back to the factory and continue the Model Y ramping.

Tesla Fan Base

Elon Musk is the only CEO that response directly to customers using twitter. Anybody can contact the billionaire CEO on twitter and luckily get a response. This amazing selfless acts has helped Elon Musk build a massive super loyal fan base, Frunkla.com included.

Tesla fans have created massive educational contents on Youtube and reached out to millions of people using personal blogs, websites, word-of-mouth, social media, among others, which directly and indirectly is helping Tesla mission to accelerate the world’s transition to sustainable energy.

You can never find as many loyal super fans elsewhere as you would find in the Tesla fans community.

Just 3 weeks ago, Youtuber “Solving The Money Problem” bought a 1000 pieces of Tesla Shares when the share price was $1000. He made a video about it and titled it “All In On Tesla Stock — My $1M Stock Portfolio Revealed“.

Another popular Tesla super fan that has built a business around Tesla is known as Vincent, founder of Tesmanian.

Tesla, Inc!. Q2 2020 Financial Results and Q&A Webcast

Set to take place on Jul 22, 2020, 2:30 PM PDT. This is literally the most important date in 2020, apart from Tesla Battery Day.

This is the day that is most likely to continue or break the insane parabolic price rally that started last year, with no end in sight.

“Tesla will post its financial results for the second quarter of 2020 after market close on Wednesday, July 22, 2020. At that time, Tesla will issue a brief advisory containing a link to the Q2 2020 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.“ – Tesla 


As of June 30th, analysts expected Tesla to report a GAAP loss of $1.82/share and a non-GAAP loss of $1.16/share according to estimates compiled by FactSet. There is a higher chance of Tesla beating expectations again which leads us to the end of this amazing educative blog post,…..

The S&P500 Inclusion.

Tesla jumps over 13% today, following the s&p 500 inclusion speculation. As the company’s market cap. climbs ever higher, speculation is growing that Tesla will soon join the S&P 500.

Standard and Poor:

The S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies. It represents the stock market’s performance by reporting the risks and returns of the biggest companies

According to Reuters, in a Friday article discussing Tesla’s index inclusion, Tesla could rise 60% if included in the s&p 500. The article pointed to what happened to Yahoo’s stock after it was included in the S&P 500 back in 1999, saying that shares of Yahoo! jumped “64% in five sessions between the announcement …and its actual entry.” Reuters also wrote that analysts predict high demand for shares upon Tesla’s entry.


If Telsa was to “pull a Yahoo,” the stock could hit $2,200 and give the company a market value of more than $400 billion. That math is fun with numbers, but bullish Tesla investors can hope.” – Barrons

Please share your opinion with us in the comment section. Weather the psychological resistance of $2,200, according to Barrons, will stop this mad bull run or not.

Tesla Bullish Analysts Seems To Have No Idea Where The Share Price Is Headed.

Shares of world most valuable vehicle maker Tesla Inc!. is presently up $1,643.01 +98.36 (6.37%) as at now in pre-market, as investors continue to bet that the stock is headed for inclusion in the S&P 500.

Most bullish analysts seems to be done raising price targets and doing catch up with the massive rally as the price keeps going higher and higher since breaking the psychological price of $1000.

One of Tesla’ most bullish analysts, Daniel Ives, of Wedbush has kind of stopped raising his Tesla Shares price target lately. In a new report sent to clients, Although while the Street reduced its annual delivery forecast to roughly 400k from its original 550k pre-COVID, Daniel Ives still believes Tesla could deliver about 450,000 vehicles this year.

Ives has a Neutral rating and $1.250 price target, while the stock is present worth $1,544.65.

Apart from Ark Invest 2024 price target of $7,000, with a $1,500 bear case and $15,000-a-share bull case, and JMP Securities analyst Joseph Osha that most recently raised the firm’s price target on Tesla to $1,500 from $1,050 and keeps an Outperform rating on the shares, most other bullish analysts have a price target of $1300 max.

Osha is citing the company’s “significant upside” in Q2 deliveries with 90.7K shipments vs. his forecast of 73.8K and the consensus figure of 70.3K. Osha adds that Tesla’s Q2 delivery outcome is “significant” and supports his outlook for continued competitive gains as the company’s decline of about 5% from last year’s volume compares to the industry where demand is collapsing at a rate at least 3-times that pace.

So, do you think Tesla bullish analysts are being careful, or they just have no idea where the shares price of the Electric vehicle maker is headed?.

Tesla Cars Are Set To Be Cheaper Than ICE Cars

This is it people!. Game over for ICE carmakers.

Tesla is said to have figured out how to equip it’s cars with battery packs jointly developed with Contemporary Amperex Technology Co Ltd (CATL), that is cheaper than the $100/kWh level, which will allow Tesla vehicles reach parity with internal combustion engine vehicles.

In February, Tesla Inc and Contemporary Amperex Technology Co Ltd (CATL) were in talks to use batteries from CATL which use no cobalt, the most expensive metal in EV batteries. The result of that talk has now finally surfaced.

CATL China is a battery maker that Tesla has been working with along side Panasonic and LG Chem South Korea. CATL is also reported to have developed a low-cost way of packaging battery cells, known as cell-to-pack. This method is said to remove the middle step of bundling cells. This CATL technology will help Tesla to reduce battery weight and eliminate cost.

Related article.

According to an exclusive article by Reuters: The new “million mile” battery at the centre of Tesla’s strategy was jointly developed with China’s Contemporary Amperex Technology (CATL) and deploys technology developed by Tesla in collaboration with a team of academic battery experts recruited by Mr Musk, three people familiar with the effort said.

In 2019, Auto industry executives suggested that any electric carmaker that can figure out how to make a battery pack that cost $100/kWh or less, will be the first electric carmaker to take on ICE carmakers one on one.

As Tesla CEO Elon Musk has been teasing investors since the beginning of the year, Tesla Battery Day is surely expected to blow minds.

Between now and 2021, Tesla is said to plan to introduce into China market, a low-cost Model 3 equipped with a million miles capable newly designed battery. The newly designed batteries with state of the art technology will allow them the capability of connecting to and sharing power with the grid.

Tesla is about to change the game for good, and stay atleast 5 years ahead of competition for many years to come. Eventually, the optimized newly reported battery, with greater energy density, storage capacity, and lower cost, will be put in all Tesla vehicles. A Game Over for ICE competitors.

Let’s remind you that in February after Tesla signed a battery supply agreement with CATL, CATL said in the stock exchange filing that the arrangement does not place any limits on Tesla’s purchasing volume. Something bigger is come.

“Tesla is not the last carmaker in California” – Faraday Future

The startup that begs Creditors to rally behind its bankrupt founder, and most recently received a $9 million government pandemic loan is out attacking the most successful electric car manufacturer in the world, and the second most valuable carmaker in the world.

Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014 and based in California U.S.A.


Yesterday, the official twitter account of the electric carmaker sent out a tweet about their distaste of Tesla CEO Elon Musk’ ego, for calling Tesla the only carmaker in California.

According to Faraday Future, Tesla is not the only carmaker left in California, they are still in California and they appreciate the state and federal government’ efforts.

Faraday Future founder and main financial backer, Chinese billionaire Jia Yueting, personally filed for bankruptcy in October. While his creditors (many of which are Chinese companies that lent him money for his failed tech conglomerate, LeEco) are largely on board with the payment plan he proposed, the process of confirming that plan has dragged on for months. Jia has said in court filings that potential investors in Faraday Future are waiting for his own personal bankruptcy case to be resolved before putting any money into the EV startup.

This is the same EV startup that is out attacking Elon Musk that runs over 4 successful life changing companies. Ofc, not everyone knows about the company. Feel free to use the comment section :D.