🌱 Tesla has been granted permission to trade emission credits domestically in South Korea by the Ministry of Environment starting this year. 💰 Tesla holds about 4 million grams/km of tradable emission credits in South Korea, potentially valued at up to $145 million based on current penalty rates. ⚖️ Automakers in South Korea must pay…
🚗 Tesla will focus on using its existing gigacasting technology involving front and rear megacasts and a structural battery pack, instead of pursuing a single-piece gigacast for the underbody. ⚙️ Developing a single-piece gigacast would require significant investment and resources, including the need for an extremely large Giga Press machine. 🕰️ Tesla aims to accelerate…
🚪 Tesla’s Senior Director of Human Resources, Allie Arebalo, has left the company, marking another executive departure. 💰 Tesla has been prioritizing cost efficiencies and trimming its employee headcount by at least 10%, leading to several executive departures. 🧑💼 Other recent executive departures include Rohan Patel, Drew Baglino, Rebecca Tinucci, Daniel Ho, and Martin Viecha.…
🚫 Tesla’s Referral Program has ended, as announced earlier in May 2024. ⚡ Existing referral points can still be redeemed for rewards like home chargers and Supercharging miles. 🆕 A new, revised Tesla Referral Program will be launched in a few months, according to Elon Musk. 💭 The upcoming program may have adjusted rewards and…
🚗 Automakers like Ford and GM have no plans to change course despite Tesla’s decision to slow down Supercharger expansion. ⚠️ Tesla’s decision to cut staff from the Supercharger team and slow down new station installations has created uncertainty for automakers adopting Tesla’s charging standard (NACS). 🔋 Automakers were relying on Tesla’s Supercharger network for…
☀️ Hyundai Motor will use solar energy to power its Georgia Metaplant, which is still under construction. 🤝 Hyundai signed a 15-year power purchase agreement with Matrix Renewables to provide up to 147 MW of energy from its Stillhouse Solar Project. ⚡ The Stillhouse Solar Project is expected to start commercial operation by October 2025…
🚘 Xiaomi co-founder and vice chairman Lin Bin praised Tesla’s Full Self-Driving (FSD) system after a test ride. 🌐 Lin shared his experience on Chinese social media, detailing the FSD V12’s capabilities during the test ride. 🤖 He was impressed by FSD’s ability to navigate without high-precision maps or LIDAR, relying solely on visual modeling.…
🏭 Tesla’s Megapack Factory in China is ready to start construction this month. 📹 A drone operator provided an update on the Megapack Factory site, explaining why construction stopped after the initial sighting in March. ⏳ Construction was paused for preliminary preparations before the official start in May. 📆 Tesla announced its new Megafactory in…
🌳 Redwood Materials partnered with the Rotary Club to collect used batteries during Earth Day 2024. ♻️ The company invites more people to collaborate on similar events or learn about building a clean energy future. 📹 Redwood Materials shared a video of their collaboration with the Bellevue Rotary Club in Washington, collecting old batteries from…
🗣️ Elon Musk explained the reasoning behind disbanding Tesla’s Supercharger team on his social media platform X. ⚡ Tesla plans to grow the Supercharger network at a slower pace and focus more on ensuring 100% uptime and expanding existing locations. 🚗 Several automakers, including Rivian and Ford, have gained access to the Supercharger network, and…