Tesla is reportedly in talks with Canadian mining firm Giga Metals about the development of a large mine that could provide low-carbon nickel for the electric car maker. The update was related to news publication Reuters by three sources reportedly familiar with the matter. During the second-quarter earnings call, Elon Musk urged nickel miners to come up […]
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Tesla (NASDAQ: TSLA) has received a new price target from UBS Securities. The company, which has been primarily bearish in its analysis of the electric automaker’s stock in the past, has more than doubled its price target from $160 to $325. The increased price target is due to “raised volumes and margins,” according to reports, […]
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It appears that Tesla is looking to expand its presence in Germany even before Giga Berlin is completed. Citing an insider who is reportedly familiar with Tesla’s plans in the country, local reports have noted that the electric car maker intends to purchase a plot of land situated in the Grünheide area, paving the way […]
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It appears that Tesla is making the necessary preparations to optimize the use of Gigafactory Shanghai, with recent reports stating that the electric car maker will be using the facility to produce vehicles that will be exported to other Asian territories and Europe. Mass-production of vehicles intended for export will reportedly begin in the fourth […]
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The second phase of Tesla’s Gigafactory Shanghai may have caught most of the EV community’s attention recently due to its rapid completion, but the activities in the Phase 1 facility, which produces the Model 3, are nothing to scoff at, either. As could be seen in a recent flyover of the China-based factory, Tesla appears […]
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In a letter to the FCC last week regarding a request for modification of their Ku/Ka-band license, SpaceX included a speed update on its current configuration of Starlink satellites. As disclosed, beta tests have resulted in download speeds of over 100 Mbps, upload speeds of about 40 Mbps, and a one-way latency time of under […]
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Nikola Motor is under fire after an analyst firm called Hindenburg Research labeled the automaker as “an intricate fraud built on dozens of lies.” Hindenberg said that had “gathered extensive evidence – including recorded phone calls, text messages, private emails, and behind-the-scenes photographs-detailing dozens of false statements by Nikola Founder Trevor Milton.” Nikola has been […]
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Lucid hosted an impressive unveiling event of the Air on September 9th, showing the vehicle’s four different configurations and the remarkable performance specifications of the Dream Edition. With 517 miles of range and some of the fastest acceleration rates ever seen on an electric vehicle, the EV community widely speculated on how Tesla would manage […]
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Lucid drew inspiration for its interior colors for the Air from the natural beauty of the company’s home state, California. While using different times of the day and different areas within the state to inspire colors, the company released its first production car on the birthday of California, giving an extra hat tip to the […]
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Tesla’s Gigafactory Berlin may be adopting an extremely aggressive pace in its construction, but the facility still needs to acquire its final building permits. To accomplish this, Tesla would need to face what could very well be its biggest opposition yet — over 400 objections to Giga Berlin’s presence that were submitted by citizens in […]
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