Tesla’s exclusive battery supplier and partner Panasonic Corp announced on Tuesday that its first-quarter net profit saw an increase of 17.6% due to growth in its automotive-related business. Panasonic saw its net profits from April to June rise 17.6% to 57.4 billion yen ($515 million), up 15% from last year’s 48.8 billion yen ($440 million). […]
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Porsche dubs the Taycan, formerly known as the Mission E sedan, as one of its most important vehicles since the iconic Porsche 911. The upcoming all-electric, high-performance luxury sedan is expected to compete with some of the electric vehicle market’s most formidable mainstays, such as the Tesla Model S. With a drive unit developed from […]
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Tesla (NASDAQ:TSLA) is set to release its financial report for the second quarter after markets close on Wednesday, August 1, 2018, followed by its Q2 2018 earnings call at 2:30 p.m. PST (5:30 p.m. EST). With a vast majority of the second-quarter spent pushing volume production of Model 3, questions are abounding if vehicle demand […]
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Teslarati photographer Pauline Acalin has captured SpaceX’s first Falcon 9 Block 5 booster recovery in the best detail yet seen of the rocket upgrade, well-worn after its first successful launch of Iridium NEXT-7, July 25. Iridium-7 marked a number of important debuts for SpaceX: Falcon 9 Block 5 (Booster 1048, in this case) completed its […]
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According to observations of SpaceX booster movements at Cape Canaveral Air Force Station on July 24, it appears that the company will reuse a Falcon 9 Block 5 booster for the first time ever on August 4, just over a week from today. Independent of the booster flying, SpaceX will also break their internal record […]
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All eyes will be on Tesla’s pace toward profitability on Wednesday, August 1 when the Silicon Valley company, led by CEO Elon Musk, releases its second quarter financial results after the closing bell. With the electric car maker meeting Musk’s self-imposed Model 3 weekly production target for the second quarter practically by the skin of its […]
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Just a handful of days after SpaceX’s second-ever successful launch and landing of their upgraded Falcon 9 Block 5, the company has completed the same feat on the opposite side of the United States, debuting the Block 5 rocket with a launch and booster recovery from California’s Vandenberg Air Force Base (VAFB). The booster in […]
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After Monday’s steep dive, Tesla stock (NASDAQ:TSLA) received a vote of confidence from several Wall St. analysts who reiterated their support for the electric car maker. The new optimistic outlook for Tesla’s stock comes amidst the aftermath of a Wall Street Journal stating that the company asked suppliers for refunds to help it reach profitability. […]
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WARR Hyperloop, a team of students from the Technical University of Munich, has been dubbed as the overall winner of the 2018 Hyperloop Pod Competition. During its winning runs, Team WARR’s sleek, aerodynamic pod was able to propel itself to speeds of 290 mph, breaking the record set last December by Virgin Hyperloop One’s pod, […]
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SpaceX has successfully completed its 13th launch of 2018, kicking off a marathon of three new Falcon 9 Block 5 booster debuts with the launch of the Telstar 19V communications satellite, potentially breaking the record for the largest commercial satellite ever launched at 7000 kg (15,500 lb). Despite the heft of its payload and partially […]
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