On Tuesday, June 21, Elon Musk outlined the three unresolved issues that need to be addressed before his $44 billion Twitter acquisition is finalized. Meanwhile, the Twitter Board filed a preliminary proxy statement urging stakeholders to approve Musk’s Twitter deal. The Tesla CEO recently discussed a few topics with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar…
The Tesla Model Y and Tesla Model 3 captured a one-two punch in Cars.com’s “American-Made” index, marking the second straight year a Tesla has captured the award. Cars.com has compiled a list of qualifying vehicles built and bought in the United States since 2005. This year’s rankings brought five additional vehicles from the 90 cars that were assessed…
In a new plan from the Texas Department of Transportation, the state is setting aside $408 million for electric vehicle charging infrastructure over the next five years. Since Tesla moved its headquarters to Texas late last year, the state has made strides in EV adoption. Many towns are investing in Tesla Model 3s as police cars, Austin and…
Tesla (NASDAQ: TSLA) stock spiked nearly 12 percent on Tuesday during trading hours as CEO Elon Musk commented on the automaker’s substantial demand and growing order log for its products. Tesla was not the only EV stock to bounce back from a troublesome few months due to a dicey economy as Rivian (NASDAQ: RIVN, +13.30%),…
Redwood Materials and Toyota announced today that they have entered a collaboration with Toyota Motor North America to create a “battery ecosystem across their lineup of electrified vehicles that encompasses all steps for full circularity.” The partnership will be based out of Redwood’s Northern Nevada Battery Materials Campus, where the companies will work together to…
Just recently, Germany’s largest union, IG Metall, claimed that Tesla is seeing challenges in Gigafactory Berlin’s hiring efforts because the electric vehicle maker offers lower pay than its rivals in the area. According to IG Metall regional chief Birgit Dietze, Tesla’s alleged lower pay at Giga Berlin is already slowing down the company’s hiring efforts, at…
Among the more notable criticisms towards Elon Musk as of late involves his ardent stance about free speech on platforms such as Twitter. As per the CEO’s critics, Musk does not seem to be bothered by free speech restrictions at all since Tesla operates a significant portion of its business in China, which is known…
Tesla CEO Elon Musk has set the record straight about the electric vehicle maker’s layoffs. Tesla’s efforts to optimize its workforce have been met with some confusion, partly due to Musk’s own updates about the matter. And with the layoffs now being reported across social media platforms such as LinkedIn, some Tesla employees have taken…
It appears that Tesla’s plan to unveil a working prototype of its humanoid robot is moving along well. As noted by the CEO during an interview with Bloomberg Editor-In-Chief John Micklethwait at the Qatar Economic Forum, an unveiling of the first Optimus prototype is on track for AI Day 2 this September. Tesla’s humanoid robot, dubbed Optimus,…
Relativity Space has shipped both stages of its first 3D-printed Terran-1 rocket to a launch pad it recently finished constructing at Florida’s Cape Canaveral Space Force Station (CCSFS), leaving the startup just a few steps away from its first orbital launch attempt. As Relativity CEO Tim Ellis himself noted, the company is about two years…