Retail activist shareholder platform Tulipshare urged Tesla Inc. to link its executive pay to environmental, social, and governance (ESG) factors. The activist shareholder group announced that it plans to submit a shareholder resolution on the subject during Tesla’s annual meeting of stockholders in 2023. According to Antoine Argouges, the chief executive of Britain-based Tulipshare, the…
Tesla’s 4680 cell production tripled in Q3 2022 compared to the last quarter. Tesla hopes to install 4680 battery cells into cars in the next few months. Elon Musk stated that Tesla is “finally gaining rapid traction on the 4680 cell.” “[4680] output is growing rapidly, and we expect it to start incorporating in cars and having…
Tesla sales in Q3 show the brand continues its sales dominance in the United States, controlling more than seven times the market share of its nearest competitor. Kelly Blue Book (KBB) has released its sales statistics for Q3 of this year, and they have found that Tesla continues to dominate the U.S. market, despite the growing electric vehicle market.…
Germany will spend over 6 billion euros over the next three years to build electric vehicle charging infrastructure in the country. According to Reuters, the German government has approved a plan to expand its EV charging infrastructure to include over 1 million chargers by 2030. This is an increase of roughly 14 times compared to the…
Tesla is expanding hiring efforts in Israel, focusing on its Mobile Service division as the company fills out a team in the country. Tesla is hiring for several positions in several different categories, including Sales & Customer Support, Operations & Business Support, Solar Energy & Storage, and, as most of the posted positions show, Vehicle Service. Six of…
Tesla plans to start building battery packs for the upcoming Cybertruck on a new cell manufacturing line in the Fremont factory, people with knowledge of the project told Teslarati. In August, we reported that Tesla had filed to build a new battery manufacturing equipment line on the second floor of the Fremont factory. This filing, which was submitted…
Days before the deadline to finalize the company’s deal with Elon Musk, Twitter Inc. has frozen the equity award accounts for employees. The move suggests that the social media company is hopeful the deal with the Tesla CEO will be finalized. A Delaware court has directed Elon Musk, the CEO of Tesla Inc., and Twitter…
SpaceX recently launched Starlink Aviation, a service offering high-speed, low-latency internet during airplane flights. The company already has a few airlines interested in Starlink Aviation. SpaceX plans to start delivering Starlink Aviation in 2023. It does not offer a long-term contract for Starlink Aviation, and all plans include unlimited data. The internet service would provide…
Tesla FSD’s Smart Summon feature is about to get a lot better. Tesla has been working on refining the summoning feature to improve its capabilities. Thus far, Smart Summon has been more of a fun party trick rather than a feature FSD customers actively use. Tesla FSD’s summoning feature still has some quirks to work out before…
Elon Musk announced that 28,700 bottles of his new perfume, Burnt Hair, have already been sold. He added that there are 1,300 bottles left of the limited edition collector’s item. In total, there are 30,000 bottles of the perfume and once sold, The Boring Company would have brought in $3 million. https://twitter.com/elonmusk/status/1582547658039623680?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1582547658039623680%7Ctwgr%5Eac2f4d665362ca18a683aa954bc0e1e09f176d8e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.teslarati.com%2Felon-musk-sold-28700-burnt-hair%2F Within less than…