A first look at the upcoming Tesla Gigafactory Mexico site has been shared by a Mexican government official on Twitter. As highlighted by Elon Musk, one of the most important efforts that Tesla is currently undergoing is a dramatic production ramp, which allows the company to reach more and more customers by the day. Key to…
Tesla (NASDAQ: TSLA) is set for a strong Q1 in terms of vehicle delivery numbers, which have mostly been catalyzed by substantial price cuts on the Model 3 and Model Y, Wedbush’s Dan Ives said in a note. Tesla will report its Q1 delivery figures this weekend, and Wedbush is anticipating a figure of around…
Since Tesla delivered the first units of its all-electric Semi to Frito-Lay facilities in Modesto, California, in December 2022, any instance of one breaking down on the side of the road has been photographed and highly publicized. However, Teslarati has been told that at least some of the “breakdowns” are caused by a glitch within a software…
After dropping 65% in 2022, Tesla stock (NASDAQ:TSLA) saw a sharp rebound in the first quarter of 2023, with the company’s market capitalization increasing by over $200 billion. The electric vehicle (EV) maker’s shares have surged 54% in 2023 so far. Tesla’s market value rose from $389 billion to $593 billion as of writing, following a disappointing…
Elon Musk, AI experts, and industry leaders have signed an open letter calling for a six-month pause on the development of artificial intelligence systems that exceed OpenAI’s GPT-4 due to potential risks to society and humanity as a whole. Apart from Musk, other titans in the world of technology and AI added their signatures to…
In a recent Twitter exchange with a Tesla owner, Elon Musk demonstrated the value of the social media platform as a direct line of communication with customers. Musk’s interaction led to a commitment to add a new safety feature to Tesla’s electric vehicles. The conversation began when a Tesla owner using the handle @TeslaDiva99 shared her experience…
The Boring Company, Elon Musk’s tunneling startup, recently announced the start of its 2023 Not-A-Boring Competition. The competition showcases the most promising student-led engineering teams from around the world. This year’s five finalists hail from four different countries, demonstrating the global reach of the challenge. The finalists include CU Hyperloop, Swissloop Tunneling, The Diggeridoos, TUM…
Tesla holds nearly 50% market share in Norway this month, thanks to stellar Model Y sales in March. The American electric car maker has been dominating Norway’s EV sales for quite some time and hit a new milestone this year. Based on figures from the Norwegian Road Federation (OFV), Tesla set a new sales record…
Tesla is facing a new racial bias trial from a previous plaintiff who rejected an earlier $15 million payout. The Tesla Fremont facility has been surrounded by legal controversy for years, primarily around allegations of racial bias. The plaintiff, elevator operator Owen Diaz, sued the automaker in 2017 for racial harassment in the plant and…
Mercedes partner Rock Tech has broken ground on its new lithium refining facility in Germany that will serve the premium German automaker. Along with its incredibly extensive production shift toward electric vehicles, Mercedes-Benz is working to become battery independent. Securing the necessary raw materials, chiefly lithium, is crucial to that plan. In this effort, it has…