Tesla will expand the Information Technology (IT) building and install new automation equipment on production lines at the Fremont Factory, filings show. Tesla filed to expand the IT buildings on the North end of the Fremont Factory property on Wednesday. The $1.5 million project will make the IT building larger and also upgrade the facility,…
A first look at the upcoming Tesla Gigafactory Mexico site has been shared by a Mexican government official on Twitter. As highlighted by Elon Musk, one of the most important efforts that Tesla is currently undergoing is a dramatic production ramp, which allows the company to reach more and more customers by the day. Key to…
Tesla (NASDAQ: TSLA) is set for a strong Q1 in terms of vehicle delivery numbers, which have mostly been catalyzed by substantial price cuts on the Model 3 and Model Y, Wedbush’s Dan Ives said in a note. Tesla will report its Q1 delivery figures this weekend, and Wedbush is anticipating a figure of around…
Since Tesla delivered the first units of its all-electric Semi to Frito-Lay facilities in Modesto, California, in December 2022, any instance of one breaking down on the side of the road has been photographed and highly publicized. However, Teslarati has been told that at least some of the “breakdowns” are caused by a glitch within a software…
After dropping 65% in 2022, Tesla stock (NASDAQ:TSLA) saw a sharp rebound in the first quarter of 2023, with the company’s market capitalization increasing by over $200 billion. The electric vehicle (EV) maker’s shares have surged 54% in 2023 so far. Tesla’s market value rose from $389 billion to $593 billion as of writing, following a disappointing…
Tesla holds nearly 50% market share in Norway this month, thanks to stellar Model Y sales in March. The American electric car maker has been dominating Norway’s EV sales for quite some time and hit a new milestone this year. Based on figures from the Norwegian Road Federation (OFV), Tesla set a new sales record…
Tesla is facing a new racial bias trial from a previous plaintiff who rejected an earlier $15 million payout. The Tesla Fremont facility has been surrounded by legal controversy for years, primarily around allegations of racial bias. The plaintiff, elevator operator Owen Diaz, sued the automaker in 2017 for racial harassment in the plant and…
Mercedes partner Rock Tech has broken ground on its new lithium refining facility in Germany that will serve the premium German automaker. Along with its incredibly extensive production shift toward electric vehicles, Mercedes-Benz is working to become battery independent. Securing the necessary raw materials, chiefly lithium, is crucial to that plan. In this effort, it has…
Tesla CEO Elon Musk gave Bill Gates one piece of advice in his fight against climate change, and to many fans of the tech CEO, it will be pretty familiar. Gates, who has pushed to bring awareness to climate change initiatives over the years, said recently that people on Earth must change how they do…
New data from Cox Automotive found that Tesla was the fastest-growing automaker in the industry regarding market share during Q1. U.S. EV market share has almost always been dominated by Tesla, but in terms of the broader market, the EV leader has lagged behind legacy automakers. However, that standing has quickly changed as Tesla ramps production…