Author: Vitaliy Dadalyan

Hedge Funds Are Dumping BP plc (BP)

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]...

Tesla Has Been Using New 4680 Batteries for Months, Musk Says

For some, Tesla Inc's (NASDAQ: TSLA) battery day was a letdown: the technology sounded great, but it's still several years away, and Tesla did not have an onstage demo. Now CEO Musk has said in a tweet that the new 4680 cells have been used in prototype vehicles for months.While the vehicle models are unknown, a safe guess would be the Plaid Model S demonstrated on-screen at the event. > Suppliers. We're only doing high energy nickel ourselves, at least for now. Also, maybe the presentation wasn't clear that we've actually had our cells in packs driving cars for several months. Prototypes are trivial, volume production is hard.> > -- Elon Musk (@elonmusk) September 26, 2020Benzinga's Take: This is great news. The fact that Tesla has been using the batteries for months mean they work well enough for Tesla to feel confident in sharing that they are coming.The last concern would...