If the contents of Tesla’s second quarter earnings report are any indication, Tesla Energy actually had a pretty impressive run during Q2, and that’s despite the presence of a pandemic. The Megapack, Tesla Energy’s flagship battery, saw high demand and was profitable, and installations of Solar Roof actually grew three times compared to the first […]
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Chinese-built Model 3s will switch to an iron phosphate cell chemistry this year.
Tesla has selected Texas as the location for its next US factory. The factory will be the company’s second in North America and located about 15 minutes from downtown Austin and near the Colorado River. Billed as Tesla’s “Cybertruck Gigafactory”, the facility will be the main production plant for its upcoming all-electric Cybertruck and Model […]
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Tesla’s (NASDAQ:TSLA) second-quarter earnings call comes on the heels of an impressive quarter that saw the electric car maker posting $6.036 billion in revenue and a $451 million non-GAAP net income, beating Wall Street’s estimates. As revealed in the company’s Q2 2020 Update Letter, Tesla currently sits on $8.6 billion in cash. The Tesla Model Y […]
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A recent study from Direct Line, a premier insurance firm in the UK, has stated that electric cars are now cheaper to own than petrol vehicles, at least based on their lifetime running costs. The firm was able to come to this conclusion by analyzing the purchase price of EVs and ICE cars, as well […]
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It is well known in the electric car community that Elon Musk detests traditional advertisements. The Tesla CEO has emphasized for years that Tesla does not advertise or pay for endorsements. Instead, the company simply utilizes its resources to ensure that its products are great. If a recent comment is any indication, however, it appears […]
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SpaceX CEO Elon Musk says that Starship’s full-scale flight debut could happen as early as this week if a suite of tests planned over the next few days goes according to plan. The SpaceX leader also revealed a bit about the company’s plan to create its own custom steel alloy to build the best Starships […]
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Elon Musk may be promising the market debut of Teslaquila as just around the corner (or many), but whether or not the name will stay the same may be a question thanks to issues with procuring the trademark rights. According to the US Patent and Trademark Office (USPTO), Tesla’s application for the mark was abandoned […]
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Tesla CEO Elon Musk has unlocked the second tranche of his massive bonus structure. Musk’s most recently obtained bonus will allow him to reap a $2.1 billion gain thanks to 1.69 million additional stock options he has received as a part of his compensation package. After Tesla’s average trailing market value over six months rose […]
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Now that The Boring Company has completed the initial construction of its tunnels at the Las Vegas Convention Center (LVCC), it seems Elon Musk’s side venture is ready to start sharing more of its plans to defeat soul-crushing traffic everywhere. More specifically, three new types of passenger substations were recently revealed on the company’s website […]
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