Ikea U.S. recently announced a partnership with SunPower Corp. to provide residential solar solutions to customers. The initiative is called Home Solar with IKEA. It is expected to launch in Fall 2022 in select California markets. “The launch of Home Solar with IKEA will allow more people to take greater control of their energy needs, and our…
San Antonio Mayor Ron Nirenberg doesn’t see the need for a Boring Company tunnel in his city. Mayor Nirenberg is focused on developing his transportation initiative, called ConnectSA, which he launched in April 2018. “We have a lot of transportation priorities. We need multimodal connectivity. I don’t see where a tunnel project fits into that.…
Two members of the “Polaris Program” say that SpaceX could begin training private astronauts for the first private spacewalk in spaceflight history as early as May or June 2022. Revealed earlier this year, the Polaris Program is a sort of hybridization of orbital spaceflight tourism and technology development and has one primary goal: to “rapidly…
Tesla CEO Elon Musk is looking to eliminate margin loans by raising more equity and preferred financing for his $44 billion Twitter buyout. The termination of a margin loan, which is leveraged against shares of Tesla stock that are in his name, would be less risk for both Musk and lenders. According to Bloomberg, who cited people…
Elon Musk knows a thing or two about making electric vehicles. Having led Tesla for about 14 years now, Musk is among the most experienced EV leaders in the automotive sector. And during a recent interview, Musk shared some advice to those who wish to get into the electric vehicle market. While speaking at the Financial…
In a statement on Wednesday, Panasonic Chief Financial Officer (CFO) Hirokazu Umeda revealed that Panasonic Holdings Corp. is being asked by Tesla to speed up its development of 4680 cells. Tesla’s demand for 2170 cells also remains strong, according to the CFO. Panasonic recently caught headlines after reports emerged that the Japanese conglomerate is looking…
When Elon Musk Tweeted about potentially taking Tesla private in 2018, he was ‘recklessly’ communicating about an unfinalized deal, according to U.S. District Judge Edward Chen. Chen said in a San Francisco courtroom that the Tesla CEO’s communications through the social media platform were inaccurate when talking about potential financing from the Saudi Arabia sovereign…
SpaceX’s Starlink satellite internet service has become invaluable to Ukraine amidst the country’s ongoing war against Russia. According to Elon Musk, however, Russia has increased its efforts to disrupt Starlink’s service to Ukraine. Fortunately, Musk also stated that Russia has not been successful so far. Despite the country’s efforts to jam or hack the satellite…
Electric vehicles are quickly becoming the norm for automakers, with Tesla leading the pack for the burgeoning industry. And while the company’s EVs have made it what it is today, Elon Musk’s artificial intelligence and autonomous mobility plans may make it what it is tomorrow — which is why many investors consider Tesla the top electric vehicle stock…
Last July, a Tesla Megapack in the 300MW/450MWh Victoria Big Battery caught fire while it was being tested. The fire spread to another battery, resulting in two Megapacks in the installation being destroyed. An investigation into the incident was promptly initiated a few days later. The results of the investigation have now been made public. According to…