Driving a car through floodwaters is never a good idea. In fact, it is almost always a very bad idea (even more so when were talking electric cars), yet the owner of a Tesla Model X thought theyd give it a shot during a recent flood in Mitchell, South Dakota.

As local news reporter Colton Molesky was filming a segment about the local flood, a white Tesla Model X came into view and was filmed making a dangerous crossing. Molesky is evidently shocked by what he sees and we dont blame him.

It appears as though the water may have been about 1.5 feet deep at some points and as the Model X makes its way across, water rushes over the hood and approaches the windscreen. The electric SUV also creates a fairly significant wave as it pushes through the water, forcing the news reporter to actually jump out of the way.

Also Watch: Like A Boss Tesla Model S Driver Ignores Deep Floodwater, Emerges Victorious

The Tesla Model X impressively makes it through the water without any issues but thats not the most important lesson to learn from watching this video. What you should take away from this video is that you should never do what the Tesla driver did.

First off, a driver has no way of knowing how deep a crossing like this is nor the condition of the road surface beneath the water. In addition, the wave created by driving a car through a flood can send additional into nearby cars or even houses.

A similar video surfaced back in 2016 showing a Model S driving through a flooded tunnel in Kazakhstan. Elon Musk took to Twitter to say that Tesla did not recommend driving vehicles through floodwaters.

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Driving A Tesla Model X Through Flood Waters May Look Cool But Isnt A Good Idea - Carscoops

Says state has failed to enforce the consumer law

TRENTON Senate President Steve Sweeney today gave his support to the lawsuit filed by automotive retailers alleging a number of state agencies are failing to enforce the consumer law putting restraints on the sale of electric cars from non-dealer facilities.

The legal action by the New Jersey Coalition of Automotive Retailers claims that the Motor Vehicle Commission, the Attorney Generals Office and the Division of Consumer Affairs have all allowed Tesla to circumvent the 2015 law limiting sales to four locations. It also alleges a variety of anti-consumer practices.

We put in place a law that gave Tesla some modest flexibility to sell their vehicles at the same time it respects the rights of competing car dealers, said Senator Sweeney (D-Gloucester/Salem/Cumberland). The state agencies responsible for enforcing the law have failed to live up to their responsibilities. This is unfair to franchised dealers and consumers. These dealers are important to the states economy and the economic vitality of their communities.

Tesla uses what it calls galleries to market its vehicles to consumers, bypassing the long standing legal requirement that all new cars be sold by franchised dealers. The validity of the 2015 law granting them limited dispensation is based on enforcement, Senator Sweeney said.

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Sweeney Gives Support to 'Tesla Lawsuit' - InsiderNJ

U.S. Patent and Trademark Office

The last car part you'd ever think would change is being revolutionized by Tesla, which has filed a patent for a new windshield-wiper design. The basic windshield wiper hasn't changed in a long time. It's just a small gear set that rotates back and forth to move the wiper blade across the windshield. Sure, wiper blades have gotten more advanced as manufacturers have learned how to make better contact with the windshield and keep the view out less streaky, but Tesla shows in this patent application that it's looking at the problem in a fresh way.

Published on September 5, Tesla's patent filing describes an "electromagnetic wiper system for the windshield of a vehicle." This single-blade design is supposed to be more efficient and better-looking, according to Tesla's description, although from the drawings it appears it could also be adapted to a dual-blade setup. It works using electromagnets and guide rails. Picture high-speed maglev trains, named for the magnetic levitation they use to move quickly and efficiently from place to place; it's like that on a smaller scale.

U.S. Patent and Trademark Office

U.S. Patent and Trademark Office

Tesla's design involves a block attached to the wiper arm and blade. The arm is connected to two guide rails to keep the system in place and to ensure that the blade makes contact with the windshield. The block is how the entire arm-and-blade assembly moves, since the block moves on a set of magnets surrounded by electromagnetic coil. When a current passes through the magnet and coil, the block will move across the windshield and take the arm and blade along with it.

It's no small point on an EV that, with this system, the wiper needs to draw less power from the car's battery. Tesla mentions that the mechanical components of the traditional wiper blade create a lot of friction, which requires more power to the motor that moves the arm back and forth. Electromagnets are essentially frictionless, so the only friction in Tesla's wiper system is from the guide rails on which the arm slides. This reduction in power being drawn could increase the already astonishing 370-mile driving range of a Long Range Tesla Model S, but we'll have to wait and see for ourselves to know how much of a difference this makes.

Tesla was also thinking about its Autopilot system when conceptualizing the patent for the wiper system. The argument is that traditional wiper systems aren't as robust as this new electromagnetic system; time and weather can lead to corrosion, making the traditional setup less effective over time. The resulting lack of visibility could hamper Autopilot and other autonomous-driving aids that use cameras to track lanes and objects around the car. Better visibility is better for the cameras and, of course, for the driver.

At the end of the day, Tesla is doing what it does best: revolutionizing. Having vastly expanded the idea of what an electric vehicle can be, the company appears to be taking that same mindset to the details, like windshield wipers.

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Teslas a Game Changer When It Comes to Windshield Wipers - Car and Driver

If you believe the hype coming out of the tech industry,autonomous driving is the future of how well get around. And theres perhapsno bigger hype-driver than Tesla CEO Elon Musk, who breezily predicted earlierthis year that vehicles will become almost fully autonomous bymid-2020 or so.

Of course, Musk has predicted that degree of autonomy foryearsat one point, he also said that full self-driving features would arrivein Tesla vehicles by 2019. Nonetheless, Musk is just one of the manytechnologists working towards our self-driving future; his company is locked infierce competition with Waymo, a Google subsidiary that has been pilotingself-driving taxicabs onthe mean streets of suburban Phoenix, as well as Uber (which hasexperienced someautonomous-driving setbacks) and the traditional auto industry.

One of those auto-industry stalwarts, General Motors, has made no secret of its interest in autonomous vehicles. Its self-driving division, known as Cruise, has collected roughly $1.15 billion in investments from a variety of outside funders, which means its at least somewhat serious about producing a car that can drive itself within the next few years. (Its workers, meanwhile, are very serious about getting additional concessions from management, because 50,000 of them are currently on strike.)

But as any technologist will tell you, winning a race likethis all comes down to talentand talent wants to get paid. With that in mind,how much do software engineers at General Motors make? And how does thatcompare to salaries at Tesla?

Fortunately, we have levels.fyi, which provides tons of crowdsourced salary information, to give us at least some idea of how these companies match up. Lets start with Tesla; the compensation levels listed below represent a mix of base salary, stock, and bonuses:

Now lets take a look at General Motors:

What can we conclude from this data? Asweve mentioned before, Tesla pays its software engineers a solid salary,although we hear that the stress placed upon them is often enormous, completewith grinding schedules and multiplereports of burnout.

But General Motors seems to pay its software engineers appreciably less, at least according to the crowdsourced breakdown available on levels.fyi. Granted, not all software engineers at GM are involved in autonomous driving (and those who do might be earning bigger salaries than average), but if this is representative of how much the company is willing to pay for engineering talent as a whole, then its going to struggle to face down technology companies that are muscling into the automotive space.

Just forcomparisons sake,Facebookpays its newbiesanaverage base salary of $111,250, a bonus of $67,000, and stock options worth$116,875.Entry-levelAmazon recruits,meanwhile, earn an average salary of $108,000, combined with a bonus of $51,142and stock options of $70,000.Googleshells out an average of $115,000for entry-level engineers, combined with a $44,000 signing bonus, stock optionsworth $139,000, and an annual bonus of $22,000. That represents quite a hurdlefor non-tech companies such as General Motors if they want to compete for thesame pool of talent.

Indeed, there are indications that some companies arewilling to pay many millions for those technologists with an ideal mix ofexperience and skills in building autonomous-driving platforms. Google, forexample, paidsome members of its autonomous-driving team so much that they actuallyquit, loaded up with enough cash to retire or start their own companies. Anycompany that wants to compete in this arena, in other words, may have to pay anabsurd amount of money to those with the right knowledge to get the jobdone.

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General Motors vs. Tesla: Software Engineer Pay - Dice Insights

TOKYO (Reuters) - Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.

FILE PHOTO - A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse

Toyota is using Panasonics cylindrical batteries in its new Corolla andLevin plug-in hybrid sedans launched in China this year, one of the people said.

The batteries are the same size as those that Panasonic makes for Tesla, but the composition is different, said the sources, who declined to be identified as the matter is private.

The move reflects Toyotas efforts to secure stable supplies of high-quality batteries amid the accelerated global shift to electricity-powered cars.

Japans biggest automaker co-developed the batteries with Panasonic over a period of several years as it expands its lineup of electrified vehicles, according to one of the people, who has direct knowledge of matter.

A Panasonic spokeswoman said the company is not in a position to comment as a supplier, while Toyota declined to comment.

The Nikkei newspaper reported the news earlier.

Toyota has favored square, or prismatic, batteries for its vehicles, and uses some manufactured by Panasonic for its hybrids. The two companies announced a joint venture in January to build electric-vehicle (EV) batteries, pooling the R&D and manufacturing strengths of one of the worlds largest automakers with one of the largest battery makers.

Toyota has also partnered with Chinas Contemporary Amperex Technology Co Ltd (CATL) and EV maker BYD Co Ltd for battery procurement.

Toyota is believed to have ordered about 50,000 of the cylindrical batteries, pushing Panasonics battery plant in Osaka to full capacity, the Nikkei said.

Panasonic has been the exclusive battery cell supplier for Tesla, but the U.S. electric vehicle maker is in advanced talks with South Koreas LG Chem Ltd as it seeks to diversify sources of the key component.

Reporting by Kevin Buckland and Makiko Yamazaki; Editing by Chang-Ran Kim and Stephen Coates

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Toyota using Tesla-style Panasonic batteries for China hybrids: sources - Reuters

DETROIT (Reuters) - Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back.

Now, Ford and GM are racing to design radical new takes on their most profitable models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla Incs plan to eclipse their brands. Fords F-150 pickup and GMs Chevrolet Silverado are the top selling vehicles in the U.S. market.

This is going to be a real watershed for the whole industry, Ford Chairman Bill Ford told Reuters in a recent interview. The automaker has disclosed few details about the electric F-series, but Bill Ford hinted the truck could have load-carrying space under the hood in addition to the traditional bed in the back.

You pick up all that extra space where the engine compartment has been, Ford said. An electric F-Series could be a work truck - with its batteries functioning as a job site power source, he said. And it could be positioned as a high-performance vehicle next to the gas-fueled, 450 horsepower Raptor pickup truck.

The Dearborn, Michigan-based company has said it will invest $11.5 billion electrifying its vehicles by 2022, including adding 16 fully electric models, all of which will be profitable.

Ford and GM have more than one reason to take chances on electric pickups - a concept that some analysts and industry executives say could be a small niche.

Electric pickups could help Ford and GM generate the significant sales of EVs they will need to meet tougher emission standards and electric vehicle mandates in California and other states. The Trump administration is moving to roll back those standards, but the electric trucks are a hedge if California prevails.

Governments and corporations - major buyers of pickups - could view electric pickups as a way to show a commitment to reducing greenhouse gas emissions.

Competition from Tesla and EV startups Rivian Automotive and Workhorse Group Inc is another factor, although Ford recently mitigated some of that risk by investing $500 million in Rivian.

Three years ago, Tesla CEO Elon Musk declared he wanted to attack the heart of the Detroit automakers franchises with a Tesla electric pickup he has described as a cyberpunk truck with the performance of a Porsche 911 sports car. Tesla is expected to unveil a prototype this year, with analysts forecasting a 2022 debut. Musk declined to comment for this story.

Officials familiar with Ford and GMs plans said their electric pickups will be introduced by early 2022.

Our strategy is very clear, Ted Cannis, Fords director of electrification, told Reuters at the No. 2 U.S. automakers product development center outside Detroit. Were going to play to our strengths. Were good at pickups.

Fords electric truck will be built on a company EV platform separate from the vehicles it will offer later on a Rivian platform.

Ford has said it will introduce a hybrid F-150 next year. Bill Ford said the all-electric F-150 wont be too far after that.

At GM, Chief Executive Mary Barra said in April the automaker would make an electric full-size pickup, but provided no further details. The company has said it plans to invest $8 billion to develop electric and self-driving vehicles, launching 20 new EVs globally by 2023.

Officials have not discussed plans for the electric pickup, but GM is pushing to introduce it within two years, according to several people familiar with the plans.

The lead engineer is Josh Tavel, who was the chief engineer for the Chevy Volt, Cadillac ELR, and Spark and Bolt EVs as well as executive chief engineer for full-size pickups, GM said.

Rivian CEO R.J. Scaringe believes positive reaction last fall for his companys R1T electric truck, due in fall 2020, shows the potential demand.

The question is how large is the demand and does it translate across all price points or does it stay more isolated in the higher price points? he told Reuters at the companys Plymouth, Michigan, headquarters.

Ford officials will not discuss sales expectations for the electric F-150. But Bill Ford said the electric pickup could outperform conservative expectations - if prospective customers try it.

Ford has broken with pickup segment conventions before - substituting a turbo-charged six-cylinder EcoBoost engine for the traditional V-8, and then giving the current generation of the truck an aluminum body instead of steel, the chairman said. The aluminum F-series is the best-selling pickup truck line in the United States, and about half are equipped with six-cylinder engines.

Like it was with EcoBoost and like it was with aluminum, its important we get people in the vehicle to try it, Ford said.

Beau Boeckmann, president of Galpin Ford in the Los Angeles area and one of the largest U.S. Ford dealers, said customers are already asking about the truck.

Were going to be shocked, he said. I think the electric pickup truck has a huge future.

Not everyone is so sanguine. Industry tracking firm IHS Markit has estimated the entire full-size electric truck segment will account for fewer than 30,000 sales in 2026, compared with an expected 2.3 million sales overall.

Were in uncharted waters, IHS Markit principal analyst Stephanie Brinley said. Were talking niche in the beginning.

Detroits other big automaker, Fiat Chrysler Automobiles NV , has no current plans for an all-electric Ram, while Toyota Motor Corp is betting more heavily on a hybrid Tundra pickup.

The sliver of volume thats going to be electric pickups is not worthy of a business case, said one person familiar with Toyotas plans.

The Detroit automakers ultimately want to defend a segment they see as their own.

Why would we let Tesla beat us with a pickup truck? said one person familiar with Fords plans. Thats our turf.

Reporting by Ben Klayman in Detroit; Additional reporting by Joseph White and Paul Lienert in Detroit; Editing by Joseph White and Matthew Lewis

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Ford, GM rev up electric pickup trucks to head off Tesla - Reuters

It's almost impossible to separate the audacious reality of Tesla, elevating the EV from an unsexy commuter appliance to a powerful and luxurious statement of success, from its indomitable founder, Elon Musk. The company, like the founder, thrives on publicity that raises the profile of the whole enterprise. The Model S was tipping point, since the earlier Roadster was a niche product, providing serious real-world range and a huge network of ultra-fast chargers; accomplishments no full-line automakers have fully rivaled to date. The Model X SUV with its novel falcon doors came next, and more recently, the Model 3. As of this writing, the Model 3 is in limited production and is experiencing some quality-control hiccups. If Model 3 production can ramp up as Musk expects, Telsa is poised to perhaps secure its future. Whatever Tesla's fate, its meteoric rise as a purveyor of fast, green American sedans and SUVs has been incredible.

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Tesla Model Prices, Photos, News, Reviews and Videos - Autoblog

Nikola Tesla, (born July 9/10, 1856, Smiljan, Austrian Empire [now in Croatia]died January 7, 1943, New York, New York, U.S.), Serbian American inventor and engineer who discovered and patented the rotating magnetic field, the basis of most alternating-current machinery. He also developed the three-phase system of electric power transmission. He immigrated to the United States in 1884 and sold the patent rights to his system of alternating-current dynamos, transformers, and motors to George Westinghouse. In 1891 he invented the Tesla coil, an induction coil widely used in radio technology.

Tesla was from a family of Serbian origin. His father was an Orthodox priest; his mother was unschooled but highly intelligent. As he matured, he displayed remarkable imagination and creativity as well as a poetic touch.

Training for an engineering career, he attended the Technical University at Graz, Austria, and the University of Prague. At Graz he first saw the Gramme dynamo, which operated as a generator and, when reversed, became an electric motor, and he conceived a way to use alternating current to advantage. Later, at Budapest, he visualized the principle of the rotating magnetic field and developed plans for an induction motor that would become his first step toward the successful utilization of alternating current. In 1882 Tesla went to work in Paris for the Continental Edison Company, and, while on assignment to Strassburg in 1883, he constructed, after work hours, his first induction motor. Tesla sailed for America in 1884, arriving in New York with four cents in his pocket, a few of his own poems, and calculations for a flying machine. He first found employment with Thomas Edison, but the two inventors were far apart in background and methods, and their separation was inevitable.

In May 1888 George Westinghouse, head of the Westinghouse Electric Company in Pittsburgh, bought the patent rights to Teslas polyphase system of alternating-current dynamos, transformers, and motors. The transaction precipitated a titanic power struggle between Edisons direct-current systems and the Tesla-Westinghouse alternating-current approach, which eventually won out.

Tesla soon established his own laboratory, where his inventive mind could be given free rein. He experimented with shadowgraphs similar to those that later were to be used by Wilhelm Rntgen when he discovered X-rays in 1895. Teslas countless experiments included work on a carbon button lamp, on the power of electrical resonance, and on various types of lighting.

In order to allay fears of alternating currents, Tesla gave exhibitions in his laboratory in which he lit lamps by allowing electricity to flow through his body. He was often invited to lecture at home and abroad. The Tesla coil, which he invented in 1891, is widely used today in radio and television sets and other electronic equipment. That year also marked the date of Teslas U.S. citizenship.

Westinghouse used Teslas alternating current system to light the Worlds Columbian Exposition at Chicago in 1893. This success was a factor in their winning the contract to install the first power machinery at Niagara Falls, which bore Teslas name and patent numbers. The project carried power to Buffalo by 1896.

In 1898 Tesla announced his invention of a teleautomatic boat guided by remote control. When skepticism was voiced, Tesla proved his claims for it before a crowd in Madison Square Garden.

In Colorado Springs, Colorado, where he stayed from May 1899 until early 1900, Tesla made what he regarded as his most important discoveryterrestrial stationary waves. By this discovery he proved that Earth could be used as a conductor and made to resonate at a certain electrical frequency. He also lit 200 lamps without wires from a distance of 40 km (25 miles) and created man-made lightning, producing flashes measuring 41 metres (135 feet). At one time he was certain he had received signals from another planet in his Colorado laboratory, a claim that was met with derision in some scientific journals.

Returning to New York in 1900, Tesla began construction on Long Island of a wireless world broadcasting tower, with $150,000 capital from the American financier J. Pierpont Morgan. Tesla claimed he secured the loan by assigning 51 percent of his patent rights of telephony and telegraphy to Morgan. He expected to provide worldwide communication and to furnish facilities for sending pictures, messages, weather warnings, and stock reports. The project was abandoned because of a financial panic, labour troubles, and Morgans withdrawal of support. It was Teslas greatest defeat.

Teslas work then shifted to turbines and other projects. Because of a lack of funds, his ideas remained in his notebooks, which are still examined by enthusiasts for unexploited clues. In 1915 he was severely disappointed when a report that he and Edison were to share the Nobel Prize proved erroneous. Tesla was the recipient of the Edison Medal in 1917, the highest honour that the American Institute of Electrical Engineers could bestow.

Tesla allowed himself only a few close friends. Among them were the writers Robert Underwood Johnson, Mark Twain, and Francis Marion Crawford. He was quite impractical in financial matters and an eccentric, driven by compulsions and a progressive germ phobia. But he had a way of intuitively sensing hidden scientific secrets and employing his inventive talent to prove his hypotheses. Tesla was a godsend to reporters who sought sensational copy but a problem to editors who were uncertain how seriously his futuristic prophecies should be regarded. Caustic criticism greeted his speculations concerning communication with other planets, his assertions that he could split the Earth like an apple, and his claim of having invented a death ray capable of destroying 10,000 airplanes at a distance of 400 km (250 miles).

After Teslas death the custodian of alien property impounded his trunks, which held his papers, his diplomas and other honours, his letters, and his laboratory notes. These were eventually inherited by Teslas nephew, Sava Kosanovich, and later housed in the Nikola Tesla Museum in Belgrade. Hundreds filed into New York Citys Cathedral of St. John the Divine for his funeral services, and a flood of messages acknowledged the loss of a great genius. Three Nobel Prize recipients addressed their tribute to one of the outstanding intellects of the world who paved the way for many of the technological developments of modern times.

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Nikola Tesla | Biography, Facts, & Inventions | Britannica.com

Tesla's debt looms and company continues to face 'challenges,' Moody's says

Changes mandated by U.S. securities regulators for Tesla Inc. will reduce corporate-governance risk at the Silicon Valley car maker, but the company "continues to face important governance, financial and operational challenges," analyst Bruce Clark of Moody's Investors Service said in a comment earlier this week. About $1.15 billion in debt matures between November and March, and the company's cash stands around $2.2 billion as of June, Clark said. Tesla's current cash position and its Model 3 production and sales ramp increase the likelihood that the company will be able to repay the debt, but trade tensions with China could dampen Tesla's ability to generate cash, Clark said. "China is an important long-term market for Tesla and exports to the country represented approximately 20% of automotive revenues during 2017," he said. Departures of senior executives is another sore point, as they have been disruptive to the company at a critical time, he said. Moreover, Tesla's competitive advantage has lost some of its luster, he said. With delivery delays and initially low rate production for the Model 3, "as well as a delivered cost to the consumer that is well above the initial expected price of about $35,000, Tesla's advantage of being first to market with a unique product is less formidable than it had been," Clark said. Tesla shares fell 2.4% on Wednesday, bringing weekly gains to 11% so far. The stock is down 6% in the year, versus advances of 10% and 9% for the S&P 500 index and the Dow Jones Industrial Average. .

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TSLA Stock Price - Tesla Inc. Stock Quote (U.S.: Nasdaq ...

Tesla launched its IPO on June 29, 2010. Trading on the NASDAQ, Tesla offered 13.3 million shares at a price of $17 per share. It raised a total of just over $226 million.

Teslas stock price was essentially flat for several years after the 2010 IPO. There wasnt a lot going on. In 2008, the carmaker had endured a near-death experience, and in the lead-up to the IPO and afterwards, it was selling only one car, the original Roadster. The business plan at this point was for CEO Elon Musk and his team to keep the lights on long enough in order to roll out Tesla's first built-from-scratch car, the Model S sedan. Which eventually happened in 2012.

In 2013 Motor Trend named the Model S its Car of the Year. It was at this point, Teslas stock price took off. If you bought Tesla stock right after the IPO and held on, you'd be looking at an 1,000%-plus return today.

Since the sudden growth in 2013 Tesla's stock price history has been one of extreme volatility. Although a stable stock price wasn't expected or widely predicted. Investor confidence would soar, then collapse, with sentiment turning on every news event, product announcement or delay, quarterly earnings report, and market-moving tweet by Elon Musk

At one point, Musk himself said that the companys stock price was overvalued. Unlike the rest of the industry, with its slow, predictable stock price behavior for publicly traded carmakers, and with its long business cycles, Tesla was behaving more like a Silicon Valley tech company.

Stock analysts fixated on the pace of deliveries as the best indicator of how Teslas stock price was performing. Wondering if there was sufficient demand for Tesla electric cars, in a market that otherwise didn't seem to want them, to justify the monumental valuation. Eventually, Tesla began reporting quarterly sales, mainly to give the Wall Street analysts and stock investors something to go on.

In 2015, the long-awaited Model X SUV was added to the lineup, enhancing sales and giving Tesla a vehicle to use to compete in the booming crossover market. But the Model X arrived three years late, and the tremendous complexity of the car meant that Tesla spent the first half of 2016 sorting out myriad production issues.Some compensation arrived in the form of the reveal of the Model 3 mass-market vehicle. Tesla quickly racked up 373,000 pre-orders for the vehicle, at $1,000 a pop.

Despite improvements in product. Wall Street was losing the thread, however. And Teslas stock price would routinely suffer. Tesla wasn't considered very good car manufacturer in the traditional sense, consistently missing its deliveries guidance, and investors began to figure this out. Tesla's stock price volatility had briefly faded, only to return. And until the tail end of 2016, Tesla was enduring a slow stock price slide. Fortunately for Musk, the company had executed a capital raise before the skepticism set it.

However since then Teslas stock price has continued toward its all-time highs and broken $300 a share for the first time in the company's history. At first, it looked like a massive short squeeze Tesla has always been a popular stock to short. But Tesla stock steadily consolidated its gains.

Tesla has had a highly volatile stock price that has at times baffled investors. There was only one period of smooth price growth, and it gave way to a reliable pattern of volatility that preceded a massive drop.

Up until the recent rallies, it could be argued Wall Street had figured out that Tesla was a car company, not a tech company, and had reset its expectations about growth for the stock price.

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TSLA Stock | TESLA Stock Price Today | Markets Insider