Key Points 📜 Tesla is facing a federal lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) alleging severe racial harassment of Black employees at its Fremont, California factory. 🏭 The lawsuit claims that since 2015, Black workers at Tesla have experienced racist slurs, graffiti with swastikas and nooses, and a toxic work environment.…
Key Points 🚗 Tesla opened Canada’s largest Supercharger station in British Columbia, located on top of a parking structure. ⚡ The Supercharger station has 40 V3 charging stalls and is in Richmond, B.C. 💲 The station costs CAD$0.22/kWh with no peak or off-peak hours. 🇨🇦 This comes a month after Tesla introduced its first Superchargers…
Key Points 🚗 The Tesla Model 3 was the fastest-selling used car in the UK in September, taking just 17 days to sell on average. 🚙 Following the Model 3, the Audi e-Tron averaged 20 days, and the Ford Mustang averaged 21 days to sell. 📉 The average time to sell a used car was…
Key Points 📊 Tesla’s Q3 2023 delivery consensus is at 455,000 vehicles, as shared by the Investor Relations team. 📈 This consensus is slightly lower than Bloomberg’s Q3 estimate, which stands at 457,000 units. 📋 The consensus is compiled from various firms, including Baird, Barclays, Bernstein, Bank of America, and others. 📆 The official release…
Key Points 🚗 A 2024 Tesla Cybertruck will be auctioned at the 29th Petersen Gala on October 7, 2023. 💰 The gala has high-end pricing, with seats at $1,750 per person, tables at $17,500, and Premier Tables at $30,000. 🎤 Jay Leno will be hosting the gala, which suggests an audience willing to pay top…
Key Points 🚗 Tesla’s Model 3 Highland production in China demonstrates Giga Shanghai’s prominence in automotive manufacturing. 🏭 Giga Shanghai efficiently ramped up production of the new Model 3 design with ease. 📦 Deliveries of the Model 3 Highland are expected to start next month. 🌐 The Shanghai factory has quickly adapted to the new…
Key Points 📊 Wedbush analyst Dan Ives adjusted Tesla’s Q3 delivery estimates, moving some units to Q4. 🚗 Model Y and Model 3 dominate Tesla’s vehicle deliveries in Q3, while Model S and Model X contribute fewer units. 🏭 Factory upgrades led to production stoppages in Q3, affecting sequential growth. 📉 Dan Ives lowered his…
Key Points 🚗 Tesla is building a unique Supercharger in Hollywood, featuring a drive-in movie theater and diner. 🍔 The project includes two movie screens, food options, and EV chargers, making it Tesla’s most well-rounded Supercharger. 🏗️ The groundbreaking for this project suggests a potential completion by the end of the year. 💡 Tesla CEO…
Key Points 🚗 Rivian has opened its R1T inventory shop, allowing customers to order vehicles for delivery within 1–6 weeks. 🛒 Customers can search for available R1T inventory by entering their zip code and selecting paint preferences. 💰 An example listing shows an R1T Dual-Motor AWD unit priced at $83,500, with additional charges for the…
Key Points 🇨🇦 Northvolt Six, a Sweden-based company, is investing in a battery manufacturing plant in Canada, marking its first factory outside Europe. 🏭 The new battery plant in Quebec, Canada, will be fully integrated, manufacturing cathode active material on-site, producing batteries, and recycling cells. ⚡ The facility will focus on lithium-ion battery cells with…