Key Takeaways Tesla has signed a contract for a 430MW Megapack project in Puerto Rico across six sites. The contract was signed by Tesla’s Director of Megapack Americas, Brad Harbidge, and Genera CEO Winnie Irizarry, with Puerto Rican Governor Jenniffer González Colón in attendance. The Megapacks will be deployed to power plants in Cambalache, Vega…
Key Takeaways Tesla already operates an extensive and reliable electric vehicle charging network. Tesla spends about $40k-$45k to install one Supercharger stall, significantly less than some competitors. New York’s recent $60 million project puts the cost of similar charging stalls at about $224,719 per unit. Tesla’s V4 Supercharger with V4 Cabinet can provide up to…
Key Takeaways The Tesla Shanghai Megafactory has officially launched operations, marking the start of Megapack production in China. It’s Tesla’s first offshore facility dedicated exclusively to battery storage products, emphasizing the company’s commitment to expanding this segment. The factory is capable of producing 10,000 Megapacks per year, equating to an impressive 40 GWh. It joins…
Key Takeaways Tesla’s stock has experienced another decline, attributed to leadership concerns. Analysts point to Elon Musk as a problematic factor affecting investor confidence. The analysis suggests that Musk’s ventures outside of Tesla may be distracting and impacting stock performance. Conversations revolve around finding resolutions to restore stock stability and investor trust. In discussions, experts…
Key Takeaways A Tesla Cybertruck crashed into a pole while using Full Self-Driving (FSD) software, causing significant damage. A viral photo of the crash raised discussions about the safety and reliability of Tesla’s FSD. The driver, Jonathan Challinger, attributed the crash to both technical and human error, admitting to not paying attention. Tesla’s FSD is…
Key Takeaways Tesla is adding a Performance trim to the new Model Y, exciting many fans who anticipated this feature. The newly designed Model Y was launched in the U.S. in late January, but initially without the Performance option. The “Launch Edition” of the Model Y is powerful, but the Performance trim is expected to…
Key Takeaways Tesla plans to launch an autonomous ride-hailing service in Austin, Texas, by June 2025. Elon Musk shared the news during Tesla’s Q4 2024 Earnings Call, expressing confidence in the Full Self-Driving suite. Tesla is in discussions with the City of Austin to introduce Robotaxis, aligning with previous reports. Safety is a top priority…
Key Takeaways Tesla confirms the release of a seven-seat version for the new Model Y “Juniper.” “Launch Edition” Model Y initially featured only a five-seat configuration. Enhancements in the Model Y include a stiffer suspension and acoustic-laminated glass to reduce cabin noise. The seven-seat option has been highly anticipated due to the vehicle’s previous success.…
Key Takeaways Tesla’s water supply contract for Giga Berlin faced unexpected last-minute changes by the WSE, causing reservations over the newly added provisions. Giga Berlin plant manager André Thierig expressed concerns that changes involving special termination rights and water quantities were made without Tesla’s consent. WSE assembly chairman Thomas Krieger acknowledged Tesla’s concerns and mentioned…
Key Takeaways Tesla’s Lead Engineer Wes Morrill provided a sneak peek of the Cybertruck’s upcoming off-road armor. The off-road armor was showcased at the King of the Hammers event and is expected to launch soon, featuring a low profile and durable design. Siddhant Awasthi, Cybertruck Vehicle Program Manager, mentioned the release of off-road accessories and…