Economic Development Queensland (EDQ) recently announced a landmark deal with Tesla for the use of its Powerwall 2 batteries in a massive sustainability community project. The initiative aims to establish the first government-backed community in Australia that is 100% powered by solar energy and batteries. The project would involve 80 homes in the Brisbane suburb…
Tesla has added several employment opportunities related to the production of the all-electric Semi to its Careers website at Gigafactory 1 in Sparks, Nevada. The jobs, a Supervisor of Maintenance and Manufacturing Equipment Engineer, are both located at Gigafactory 1, Tesla’s production facility in Nevada. Gigafactory 1 is Tesla’s first production facility, and builds electric…
A recent flyover of Tesla’s Fremont production factory in Northern California has revealed the first looks at the all-too-elusive Giga Press as it was spotted in action. The Giga Press is a machine Tesla is installing at its manufacturing plants to increase production efficiency and improve vehicle build quality. A flyover of the plant from…
Tesla has taken the top prize in consumer intelligence company J.D. Power’s first-ever Electric Vehicle Ownership Study. The study dove into the top electric vehicles available in the U.S. and aimed to “set the standard for benchmarking EV owner satisfaction.” After diving into the quickly-growing electric vehicle community by noting that 27% of U.S. consumers were…
Recently, Tesla shared some footage of manufacturing its next-generation 4680 battery cells. The video, which seems to be taken from the pilot Roadrunner line of the electric car company, indicates that the 4680 battery manufacturing system of Tesla might very well be the mysterious “Alien Dreadnought” concept of Elon Musk coming to life. Elon Musk…
Tesla (NASDAQ: TSLA) bear Jim Chanos is no longer shorting the automaker’s stock. Instead, Elon Musk’s electric vehicle company’s longtime skeptic has moved on to a “Put” position. Chanos said in an interview with CNBC that he has abandoned the “Short” position he once held on Tesla stock, SeekingAlpha reported. Evidently, the losses came to be too much for…
Tesla has secured permission to begin preparations for the construction of a massive 4680 battery production facility near Gigafactory Berlin. The permission was granted by the Federal Ministry of Economics, which noted that the electric car maker could “begin measures temporarily,” at its own risk. As noted in a report from BZ-Berlin, the update came as…
Tesla (NASDAQ: TSLA) has a new Street-high price target from Oppenheimer’s Colin Rusch, who marked the company’s “extraordinary advantage” in self-driving cars, cost reductions in manufacturing, and its valuation as a high-growth stock as reasons for the increase. Rusch boosted his price target from $486 to $1,036 on Wednesday. The revised target has overtaken the…
Electrek obtained the first picture of Tesla’s new structural battery pack with a honeycomb architecture that will power its future electric vehicles. Tesla structural battery pack At its Battery Day event last year, Tesla not only unveiled its new 4680 battery cell but also a new battery architecture built around the new cell. Inspired by the aerospace…
Tesla (NASDAQ: TSLA) is seeing some bumps in stock price and in outlook from Wall Street analysts after China’s initial deliveries of the Model Y. The company’s stock has remained relatively stagnant over the past week, hovering between the $820 and $860 mark in a seven-day period. Tesla’s initial deliveries of the Model Y in…