On Tuesday, Elon Musk stated he would be donating $20 million to Cameron County schools and $10 million to the City of Brownsville for downtown revitalization. In response, Cameron County and the Brownsville Mayor expressed their excitement over the SpaceX CEO’s announcement and initiatives. “I think the exciting part is that Mr. Musk recognizes how…
Due to the rapid ramp-up of Model 3 and Model Y production, Gigafactory Shanghai could be Tesla’s ace in the hole this year. However, if recent videos of the site are any indicator, it appears that Giga Shanghai is still expanding, with development on a massive site south of the main factory now underway. Tesla’s…
The Tesla Model 3 is becoming more popular as a yellow cab in New York City as more people adopt the electric car after doing the math. In October 2019, Electrek was first to report that the New York City Taxi and Limousine Commission (TLC), which oversees the city’s fleet of yellow cabs, has approved the Tesla Model 3…
The rise of Tesla is the most fascinating business story of the 21st century, and for me the most interesting part has always been the early days, when a motley crew of multitalented engineer/entrepreneurs hatched a bold strategy to challenge the most powerful of industries. I devoted a lot of space to Tesla’s early days…
Tesla board member Kimbal Musk recently shared his thoughts on the company’s future, especially its nascent energy business. Kimbal Musk, like his brother Elon, is very optimistic about Tesla’s potential in the energy market, which has yet to be significantly disrupted by sustainable solutions. Musk gave an update on Tesla during a Bloomberg Markets interview…
Tesla CEO Elon Musk will join the Endeavor Group Holdings Board of Directors ahead of the group’s Initial Public Offering, a filing with the Securities and Exchange Commission says. Musk, 49, currently spends his time with Tesla, SpaceX, Neuralink, and The Boring Company, but will join the Endeavor board in the coming months, the filing…
The Giga Press, a machine capable of manufacturing large, single-piece casts for vital components like an electric car’s rear underbody, will be used to create Tesla’s next generation of vehicles. IDRA, the company behind the house-sized die-casting machines, recently released a video outlining the machine’s growth, benefits, and potential iterations, including the 8,000-ton Giga Press…
Apple reported on Wednesday that it is beginning a massive battery storage project at a solar farm in Northern California. Last year, the Monterey County Board of Supervisors approved the plant, which will store up to 240 MWh of energy and be used to help power the company’s Cupertino headquarters. Apple chose Tesla, the undisputed…
The Tesla Model Y has officially joined the Ipswich, Massachusetts Police Department, and its price tag wasn’t all that bad considering the multiple incentives that were applied by local groups. Teslas have become some of the newest additions to several police departments across the United States, and in some other regions of the world as…
When Tesla pitched a Gigafactory in Texas, it promised to bring at least 5,000 middle-skill jobs to the state that would fit a targeted economic development need. Elon Musk’s recent tweet about Giga Texas seems to make good on that promise. “Over 10,000 people are needed for Giga Texas just through 2022!” Musk tweeted recently.…