Lordstown (RIDE) goes public as people bet on them delivering electric pickup with in-wheel motors

Lordstown Motors (RIDE) has officially gone public through a reverse merger and now people are betting on the startup delivering an electric pickup truck with in-wheel hub motors.
It’s a technology that has never been implemented in a passenger …

Tesla (TSLA) launches new ‘Energy Plan’ to offer low electricity rates with solar and Powerwall VPP

Tesla (TSLA) has launched its new ‘Tesla Energy Plan’ to offer new low charging tariffs to customers in the UK by creating a virtual power plant with solar and Powerwall.
more…
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Tesla (TSLA) announces up to $12 billion investment for electric car and battery factories in just 2 years

Tesla (TSLA) has updated its capital expenditure guidance to confirm a plan to invest up to $12 billion on its new electric car and battery factories in just two years.
It marks an acceleration of the automaker’s spending in order to increase EV…

A new Tesla ‘big battery’ is being deployed to increase grid resilience in Santa Barbara county

A Tesla energy storage project with Megapacks is currently being installed in Santa Barbara county to increase the grid resilience in the region known to be a fire, mudslide and earthquake risk zone.
It could even lead to a microgrid for critical…