Tesla Model Y reservation holders in Australia are reportedly accepting deliveries just a few hours after the units arrived in the country. TechAU was one of the earliest to report a supposed first Model Y delivery in Canberra on August 4. The reservation holder received a Model Y SR with white interior and upgraded 20” Induction […]
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As Tesla closes in on fully autonomous vehicles, more people wonder how the Robotaxi system will work. Elon Musk talked about the Robotaxi system during the 2022 Shareholders Meeting. Based on Elon Musk’s projections, the Tesla Robotaxi fleet could shake up the rideshare and hospitality industry. He noted that Tesla’s autonomous Robotaxi network would function […]
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While speaking about Tesla’s strong free cash flow generation, Elon Musk shared updates about FSD Beta v.10.13 at the 2022 Shareholders Meeting. Musk pointed out that the Tesla’s free cash flow generation has been trending upward since 2017. He noted that it continued to rise before Tesla could reach full autonomy. His comments hint at […]
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LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called RE100 or “Renewable Electricity 100%”. LGES stated in an ESG Report 2021 that it is working on converting all its manufacturing sites to RE100, including those located in South […]
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Judge Kathleen McCormick of Delaware Chancery Court permitted Elon Musk to make his countersuit against Twitter public on August 5. Musk initially asked to make his Twitter countersuit public two days earlier, on August 3, before the Annual Tesla Shareholders Meeting in Texas. According to a Reuters source, the countersuit may be released a bit sooner. It […]
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Tesla is eyeing a facility in West Bloomfield Township, Michigan. The Michigan space spans 42,600 square feet and was formerly a Barnes & Nobles. It is located on the west side of Orchard Lake Road. Real estate developer Curis Enterprises wants to buy the space from Mitch Gappy, who owns it under Orchard Book Property LLC. […]
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Tesla battery supplier Contemporary Amperex Technology Co. Ltd (CATL) decided to delay its plans to build a battery factory in North America after Nancy Pelosi’s trip to Taiwan. Earlier this year, CATL started scouting sites across North America for its $5 billion cell plant. The Chinese battery supplier was considering sites in Canada and Mexico, capable of […]
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The U.S. Departments of Transportation and Energy (Joint Office) announced that all 50 states, the District of Columbia, and Puerto Rico submitted EV infrastructure deployment plans for President Biden’s $5 billion fund. The submissions were necessary under the National Electric Vehicle Infrastructure (NEVI) Formula Program. The plans unlock the first round of the Bipartisan Infrastructure Law’s […]
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Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The update was related during a top government meeting. Reports of the meeting were shared by Chinese state-owned broadcaster China Central Television (CCTV). According to the broadcaster, an executive meeting of the […]
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Volkswagen Group’s Board Member Thomas Schmall explained the advantages of PowerCo. “PowerCo will bundle our global battery activities along the whole value chain. From materials to research and development, in-house production and recycling,” Schmall shared. “Unified cells and the standard factory will set a new industry standard. This will allow PowerCo to ramp up its […]
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