Despite Tesla’s monumental stock slide in 2022, where the stock has declined by over 65 percent, a skeptic has not been made out of notable bull ARK Invest and its head, Cathie Wood. Tesla’s increased vulnerability on Wall Street this year has been catalyzed by harsh economic conditions, including residual effects from supply chain issues…
SpaceX says its Starlink satellite internet service has surpassed one million active subscribers just two years after its first limited beta release. SpaceX began launching operational Starlink satellites in November 2019. A little over three years later, the company has successfully launched more than 3600 Starlink satellites, of which some 3000 are operational and ready to serve…
During a Twitter Spaces session hosted by noted hacker George Hotz, Tesla CEO Elon Musk shared some details about the social media company’s financials. These include Twitter’s previous trajectory, as well as when he expects the company to become cash flow break even. Musk stayed in the Twitter Spaces session for roughly an hour, and…
A look at Tesla’s facilities such as Gigafactory Texas and the Fremont Factory would show that the electric vehicle maker is putting the pedal to the metal as 2022 comes to a close. But if recent images of the company’s Lathrop Megafactory are any indication, it appears that Tesla Energy is also digging deep to…
Rivian sent out letters to Max Pack preorder holders, informing them of some changes to their configurators in 2023. According to the letter, the Rivian R1T’s Max Pack battery will only be available with a Dual-Motor AWD configuration in 2023. The Max Pack + Quad-Motor configuration will not be “selectable” in Rivian’s configurator by next year. “This…
Infineon will elect Volkswagen’s former CEO Herbert Diess as the chairman of its supervisory board on February 16, 2023. Infineon was the semiconductor arm of the German company Siemens. Diess was part of Infineon’s supervisory board from 2015 to 2020. So the ex-VW head has inside knowledge about Infineon. The Munich-based chipmaker purchased U.S. chipmaker Cypress Semiconductor in 2020.…
Ukraine will receive over 10,000 Starlink antennas to help counter Russian air attacks, said Mykhailo Fedorov, deputy prime minister and minister for digital transformation, in an interview with Bloomberg. Fedorov said that he has spoken with Elon Musk directly and that SpaceX and its CEO “quickly react to problems and help us.” Elon Musk assured the minister…
Tesla shared a behind-the-scenes look at its holiday update that included Steam integrations, new Dog Mode features, Apple Music, and track mode for the Model Y. In a video shared on LinkedIn, several Tesla employees shared their thoughts on the update. Jon, an engineering manager, spoke of how Tesla is giving back to its customers. “The holiday release…
Senator Elizabeth Warren (D, MA) has sent a letter to the Tesla Board of Directors, inquiring if Elon Musk’s alleged absence has negatively impacted investors. Criticism of Tesla CEO Elon Musk has become common on the CEO’s new social media acquisition, Twitter. Many allege that the Tesla CEO has abandoned his post at the automaker while he…
Elon Musk responded to the reports of him actively searching for a new Twitter CEO. Citing sources, CNBC reported that Elon Musk is looking for a new CEO for the social media platform. On Sunday, he asked Twitter users if he should step down as head of the company and would abide by the results of the poll. Elon…