Tesla’s Fremont Factory continues to receive refinements and upgrades to help with the production of electric vehicles, filings show. Tesla continuously upgrades its factories, and through the daily operation of machinery, things continue to be fixed, replaced, and refined to keep manufacturing lines moving. However, Tesla is doing more than just routine production line maintenance…
Rivian is reportedly in the midst of negotiating the removal of the exclusivity clause from its agreement with Amazon to supply the online retailer with electric vans. Under the 2019 agreement with Amazon, among other requirements, Rivian was forced to sell all its vans to Amazon, which agreed to buy 100,000 vans by 2030. However,…
Tesla’s planned expansion of its German production facility Giga Berlin faces roadblocks as the automaker will need more water and electricity for operation, which may be in short supply. However, officials are determined to find solutions to the problems. Brandenburg Prime Minister Dietmar Woidke assured Tesla and its CEO Elon Musk that the unresolved supply…
Tesla (NASDAQ:TSLA) shares were recently downgraded by Wolfe Research from “Outperform” to “Peer Perform.” The analysts remained optimistic about the company’s long-term opportunities, but they also shared concerns about potential macro headwinds that the EV maker might be facing. “We’re still convinced of Tesla’s impressive cost trajectory, which should propel impressive growth over time. However, we’ve…
Australian firm Genex Power has announced a key milestone in the development of its first big battery. The company has confirmed that all 40 Tesla Megapack batteries have arrived at its Bouldercombe battery site in Rockhampton, Queensland, Australia. The project has a capacity of 50MW/100MWh. Genex has noted that the arrival of the final piece of…
The Tesla Cybertruck is closing in on its initial production, and little by little, details of the all-electric pickup truck’s production version are emerging. During Investor Day alone, photographs taken by the event’s attendees showed some interesting characteristics of the Cybertruck production beta. Among this was the vehicle’s five-seat configuration, which will reportedly be pushed…
In a March 10 meeting, the Nevada System of Higher Education’s (NSHE) Board of Regents gave the University of Nevada, Las Vegas (UNLV) permission to finalize the sale of a parcel of land to The Boring Company (TBC). The purchase involves 1.3 acres of land near the Thomas & Mack Center owned by UNLV. The land is…
Elon Musk challenged the validity of a recent report that claimed he was building an employee neighborhood in Texas that would be ideal for workers. The Wall Street Journal reported earlier this week that Musk was planning to begin constructing a neighborhood in Bastrop County near SpaceX and Boring Co. operations, two of his entities. The…
Elon Musk teased the idea of Twitter buying Silicon Valley Bank after its sudden and somewhat unexpected demise earlier this week. Musk responded to a suggestion from Min-Liang Tan, CEO of gaming computer company Razer, who stated, “Twitter should buy SVB and become a digital bank.” Musk was not totally against the idea based on…
The Tesla Cybertruck continues to run into hurdles regarding the design of its windshield wiper blade. The story of the Tesla Cybertruck’s windshield wiper is a long and, thus far, fruitless one. CEO Elon Musk has even gone as far as lamenting that the Cybertruck’s windshield wiper “is what troubles [him] most.” Now, it seems…