Sichuan Contemporary Amperex Technology Limited, or CATL-SC, a wholly-owned subsidiary of CATL, had its facility certified as the first Zero-carbon factory in the new energy industry late last week. The factory received the PAS 2060 certification on carbon neutrality earlier this month. CATL, a battery supplier for Tesla and other electric vehicle manufacturers, has worked with the…
A recent decision from the National Highway Traffic Safety Administration (NHTSA) could very well provide Tesla with yet another edge in the auto sector. On Sunday, the NHTSA opted to implement a sharp increase in penalties for carmakers whose offerings from the 2019 model year and beyond do not meet fuel efficiency standards. The NHTSA…
Tesla (NASDAQ:TSLA) shareholders will be voting on a potential stock split during this year’s annual shareholder meeting. The update was posted by the company through its official Twitter account on Monday. “Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in order to enable a stock split,” Tesla wrote. The…
Tesla Gigafactory Shanghai will be suspending its operations for at least one day this week as the city intensifies its efforts to combat a new wave of Covid-19 infections. The information was shared by people familiar with the matter. The individuals, which opted to remain anonymous because they reportedly were not authorized to speak publicly,…
As Tesla started rolling out its Full Self Beta system to Canada, Tesla CEO Elon Musk revealed that the company’s AI Director, Deep Learning expert and OpenAI founding member Andrej Karpathy, is currently on a ~4-month sabbatical. Karpathy confirmed the news on Twitter. According to the AI Director, he is currently taking some time off…
Earlier this month, we reported that $40 million in penalties seemed ready for distribution to Tesla investors as a result of an US Securities and Exchange Commission (SEC) settlement. On Friday, a US federal judge authorized release of the Tesla funds, which resulted from 2018 civil settlements with Tesla, Inc. and its Chief Executive Officer Elon Musk.…
The Hartford Business Journal recently held a poll asking whether or not Tesla and other car companies should be allowed to sell directly to consumers in Connecticut. This is important because recently the town of East Hartford ruled in favor of local auto dealerships, which don’t want Tesla, Rivian, or other automakers that sell directly to customers…
Tesla has officially started inviting the 15,000 guests to its “Cyber Rodeo” event at Gigafactory Texas on April 7, as CEO Elon Musk published a photo of a virtual invitation to the event last night. Tesla announced it would hold an event to commemorate the opening of its newest production facility and second in the…
Tesla has pushed delivery wait times for several trim levels of the Model Y and Model X back to 2023 as demand for the automaker’s vehicles continues to exceed the company’s production capabilities. In 2021 and 2022, Tesla saw demand for its cars reach extraordinary levels as it continues to work on expanding its production…
Tesla has removed a strange Full Self-Driving loophole that some customers used to reduce delivery wait times for the company’s all-electric vehicles. Tesla has been experiencing an increase in delivery times to customers as demand continues to outpace the company’s production capabilities. Due to the wait times, some customers have opted for another electric car,…