LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called RE100 or “Renewable Electricity 100%”. LGES stated in an ESG Report 2021 that it is working on converting all its manufacturing sites to RE100, including those located in South…
Judge Kathleen McCormick of Delaware Chancery Court permitted Elon Musk to make his countersuit against Twitter public on August 5. Musk initially asked to make his Twitter countersuit public two days earlier, on August 3, before the Annual Tesla Shareholders Meeting in Texas. According to a Reuters source, the countersuit may be released a bit sooner. It…
Ford Motor Company signed a Memorandum of Understanding for nickel (Ni) supply with BHP. The Australian mining company has already signed a nickel supply agreement with Tesla and Toyota. “We are pleased to announce this arrangement with Ford Motor Company, and more importantly, to collaborate with them on ways to make the battery supply chain…
Tesla’s investors are continuing to buy Tesla ($TSLA) shares despite the drama happening between the United States and China. Bloomberg noted that today marked the sixth straight day that the stock has been up. The article also pointed out that the Tesla stock split is likely to make the Tesla stock even more valuable. $TSLA UP 45% FROM…
Automakers aren’t too happy with Senator Manchin’s EV tax credit proposal. Reuters reported that several automakers want the Democratic Senator to revisit the proposal to restructure the $7,500 EV tax credit. Fears over new sourcing requirements for battery components and critical minerals are the key reasons. In a response to reporters, the senator said that automakers need to be…
In the latest video from Munro Live, Sandy Munro’s team goes over some improvements that Tesla made to its 4680 structural pack. In the video, they talk about the improved cell interconnects, current collector layout, voltage sensor harness, and battery management system. Antonio DiNunno and Cory Steuben started off the video with a look at the top…
On the evening of July 29, a Tesla Model X owner met an accident in a park in Hangzhou, Zhejiang Province, China. The owner of the vehicle said that he had been involved in an Autopilot crash, as the all-electric SUV had reportedly rushed off the road. Fortunately, no one was injured in the incident.…
Tesla’s (NASDAQ:TSLA) upcoming annual shareholding meeting is quite unique. Based on trademark filings from the company and its scheduled livestream on YouTube, Tesla seems to be rebranding its annual meeting of stockholders as the “Cyber Roundup.” Needless to say, the excitement surrounding the meeting is notable. Tesla’s annual shareholder meetings typically involve the company and…
CEO Elon Musk says that SpaceX’s first successful orbital Starship launch will “probably [occur] between 1 and 12 months from now,” revealing a surprising amount about the near future of the next-generation rocket program in a short tweet. The famously (over)optimistic CEO’s latest Starship schedule estimate is uncharacteristically cautious, hedged, and open-ended while simultaneously setting…
A few days ago, Tesla Model S and Model X Plaid reservation holders in Europe reported that they received delivery updates from the electric vehicle maker. It was a welcome wait for many, especially considering that some customers of the flagship EVs placed their orders in early 2021. Tesla has since updated its online configurator…