Tesla’s Elon Musk shares his support for past candidates, explains why he’s voting Republican in November

Tesla CEO Elon Musk shared some interesting tidbits about his past political leanings, as well as the reason why he’s voting Republican this coming November. Musk posted his thoughts about the matter on Twitter this Monday. Musk’s comments came after he posted a message about Memorial Day, which he noted was a time to remember […]

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Tesla Gigafactory Shanghai has reached 70% of its pre-lockdown weekly output levels: sources

Tesla Gigafactory Shanghai has effectively reached 70% of its pre-lockdown weekly output levels. The milestone came as Tesla added a second shift of workers to augment Giga Shanghai’s vehicle production capabilities.  Tesla’s Shanghai-based plant serves as the company’s primary vehicle export hub. When Shanghai initiated its stringent lockdowns near the end of March, however, the […]

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Goldman Sachs predicts price drop for key battery metals like cobalt, nickel, and lithium

Prices for key battery materials may have been rising as of late, but Goldman Sachs believes that some price drops are in order. The prediction was outlined by Goldman analysts Nicholas Snowdon and Aditi Rai in a note on Sunday.  “Investors are fully aware that battery metals will play a crucial role in the 21st-century […]

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Tesla’s navigation taps into detailed weather data for extra-precise energy usage estimates

Tesla recently rolled out an update to its vehicles’ navigation system that makes energy consumption calculations incredibly accurate. The update was released as part of software version 2022.16.0.2.  Prior to the update, Tesla’s navigation system predicted a vehicle’s energy usage using data like distance, elevation changes, and other information like the type of wheels that […]

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Elon Musk’s Starlink satellite internet gets approval in the Philippines

Elon Musk’s Starlink has been approved in the Philippines. The satellite internet service is expected to provide high-speed, reliable internet to areas of the Southeast Asian country that remain underserved. It would also provide an attractive alternative to the country’s existing internet providers, most of which are unpopular due to their cost and subpar service.  […]

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Lucid Motors reassigns executive in charge of vehicle build quality

Lucid Motors is in the middle of ramping the production of its Air sedan, but things are getting challenging. Amidst these difficulties, sources close to the matter have stated that Lucid has reportedly reassigned two top executives amidst the company’s ongoing quality issues.  Lucid manufacturing Vice President Peter Hochholdinger, an Audi veteran who once served […]

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Tesla, other EV makers, and envt’l groups are lobbying for heavy-duty EV charging

Tesla, together with other EV makers and environmental groups, is asking the Biden administration to invest in the buildout of charging infrastructure for electric buses, trucks, and other medium and heavy-duty vehicles. In a letter addressed to Energy Secretary Jennifer Granholm and Transportation Secretary Pete Buttigieg, the group asked the Biden administration to allocate about […]

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Tesla’s Elon Musk predicts how long recession may last, says some “bankruptcies need to happen”

Tesla CEO Elon Musk has gained more notoriety recently, thanks in part to his political comments and his efforts to acquire social media platform Twitter. And in a recent comment on Twitter, Musk issued a prediction about the upcoming recession and what he believes should happen to some companies today. Musk’s comments came as a […]

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Twitter deal price might drop as Tesla’s Elon Musk “knows he’s overpaying:” Jefferies

Jefferies analyst Brent Thill recently noted that Elon Musk’s deal to acquire Twitter for $44 billion would likely not be completed at its initially-agreed price. This, the analyst suggested, is partly because Musk knows that he is overpaying for Twitter. “Elon is not a dumb guy. Like we say: ‘Don’t bet against Musk.’ This guy […]

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Twitter deal price might drop as Tesla’s Elon Musk “knows he’s overpaying:” Jefferies

Jefferies analyst Brent Thill recently noted that Elon Musk’s deal to acquire Twitter for $44 billion would likely not be completed at its initially-agreed price. This, the analyst suggested, is partly because Musk knows that he is overpaying for Twitter. “Elon is not a dumb guy. Like we say: ‘Don’t bet against Musk.’ This guy […]

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