One of the most remarkable things about the Gigafactory Texas complex is just how much work gets done every day. In the past few days alone, the outline of what appears to be the Phase 1 buildings have started becoming evident, with the unmistakable shape of Tesla’s trademark factory becoming visible in the areas currently […]
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During the second quarter earnings call, Elon Musk discussed the inherent potential of Tesla Energy. According to the CEO, Tesla Energy has a lot of room to grow simply because the utility sector is far larger than the automotive market. And if Musk’s recent visit to Germany and the company’s recent initiatives are any indication, […]
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Tesla’s big battery in South Australia may not have been able to maintain its crown as the world’s biggest energy storage installation with its 50% upgrade to a 150MW/194MWh system, but the Powerpack farm has received a notable amount of praise from a key government official nonetheless. In a recent statement, South Australia energy minister […]
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Proxy advisory firm Glass Lewis, which has exhibited a tendency to be critical of Tesla and its leadership, has extended a rare vote of support for the electric car maker’s executives. In a recent statement, Glass Lewis noted that it now recommends investors to vote in favor of the re-election of Chairwoman Robyn Denholm. This […]
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Filings with the Securities and Exchange Commission have revealed that Edinburgh-based investment house Baillie Gifford, one of Tesla’s (NASDAQ:TSLA) largest institutional investors, has cut its stake in the company by 5% at the end of August. According to the investment firm, what transpired was an “enforced” reduction due to the sharp spike that TSLA stock […]
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Tesla has started sending out invitations for its 2020 Annual Shareholder Meeting and Battery Day event to a select number of investors. Images of the invites started making the rounds online on Tuesday, revealing that the company had utilized a randomized process when selecting which shareholders could attend the highly-anticipated event. Following is Tesla’s message. […]
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Elon Musk’s trip to Germany appears to have started on a high note, as the CEO experienced nothing short of a rockstar welcome during his visit to the headquarters of CureVac in Tübingen on Tuesday evening. Local reports indicate that the internal visit was aimed at discussing cooperation between the biotech company and Tesla subsidiary […]
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Recent filings with the Securities and Exchange Commission have revealed that Tesla (NASDAQ:TSLA) will be selling up to $5 billion in stock. According to the SEC filings, which were posted on Tuesday, the additional shares will be sold “from time to time” and “at-the-market” prices. Several financial institutions are involved in Tesla’s initiative. Among these […]
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When Elon Musk initially remarked that Gigafactory Berlin will be constructed in the same pace or even faster than Gigafactory Shanghai, many were skeptical, and some critics even took it upon themselves to mock the CEO’s aggressive timeframe for the facility. As work started in the massive plot of land, and as buildings started getting […]
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Tesla China may have hit its pace with the ramp of the Model 3, but the company is still yet to release what could very well be its most disruptive vehicle yet, the Model Y crossover. But if recent sightings and local reports are any indication, it appears that the Made-in-China Model Y’s local launch […]
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