JB Straubel’s Redwood Materials raises $700 million to accelerate EV battery recycling business

Battery recycling is key to making electric vehicles sustainable, and Redwood Materials, a company founded by Tesla co-founder JB Straubel, is a leader in the space.
Today, the company announced a $700 million capital raise to accelerate its effort.

Tesla (TSLA) trades sideways as market digest earnings beat but has questions about short-term growth

Tesla (TSLA) has been trading sideways despite beating expectations with its Q2 2021 earnings.
The market is digesting the results, but Tesla has created questions about its short-term growth due to supply chain issues.
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Tesla (TSLA) launches major shift in retail strategy: cheaper locations, remote working, and more

Tesla (TSLA) is currently implementing a major shift in its retail strategy, according to sources familiar with the matter.
The automaker will move away from showrooms in fancy malls, and instead, it will focus on cheaper locations, remote managing of…

Huawei’s head of autonomous driving lost his job after claiming Tesla vehicles are killing people

Su Qing, the head of autonomous driving at Huawei, has been removed from his position after making some controversial comments about Tesla — going as far as claiming that Tesla vehicles are killing people.
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Elon Musk explains how non-Tesla EV owners are going to be able to use the Supercharger network

Elon Musk has released more details about how non-Tesla electric cars owners are going to be able to use the Supercharger network once the automaker opens it up later this year.
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