💼 Tesla plans to hold its 2024 annual meeting of stockholders on June 13, 2024. 🏢 The meeting will take place at Gigafactory Texas in Austin, Texas. 🗳️ Stockholders will vote on proposals including the Texas incorporation and ratification of Elon Musk’s 2018 compensation plan. 📝 The Proxy Statement 2024 filed by Tesla contains details…
💼 Tesla Giga Berlin denies claims of cutting 3,000 jobs from the factory. 📰 Local media outlets reported potential job cuts affecting 3,000 workers. 📧 Tesla informed employees of layoffs, aiming to cut 10% of its workforce. 🇨🇳 Tesla’s job cuts have already impacted sales team members in China. 🚫 Rumors of 3,000 job cuts…
🔨 Construction of the Tesla Shanghai Megafactory is set to begin in May 2024. 📅 Original construction and production targets have been slightly delayed. 🏭 The Megafactory will commence mass production of Megapack battery units in Q1 2025. 🌏 Tesla China’s Megafactory will be the company’s first energy storage plant outside the US. 💡 It’s…
💧 The Strausberg-Erkner Water Association (WSE) proposed a compromise for Tesla Giga Berlin’s wastewater management. 🤝 WSE suggested more than doubling Giga Berlin’s nitrogen limit value to 1120 milligrams per liter while maintaining phosphorous limits. 📉 In exchange for the proposed compromise, WSE requested Tesla to permanently forego 0.4 million cubic meters of water annually.…
💼 Martin Brower (MB) has initiated a pilot program for the Tesla Semi, expanding the scope of testing for the Class 8 all-electric truck. 🚛 The pilot program has yielded encouraging results, providing valuable feedback for refining the Tesla Semi and demonstrating its compatibility with various operational environments. 🤝 Tesla’s Sr. Manager of Semi Truck…
💡 Tesla’s Spring update brings various enhancements for different models, including visual updates for Model 3 and Model Y with AMD chips, Auto Shift Beta improvements for Model S and Model X, and Hands-Free Trunk features. 🏡 Powersharing from Vehicle to Home is introduced, allowing the Cybertruck to power homes during grid outages using a…
🚀 SpaceX achieved a milestone by launching and landing a Falcon 9 for the 20th time on April 12th. 🛰️ The launch occurred from Space Launch Complex 40 at Cape Canaveral Space Force Station, breaking its own turn-around record with just 2 days, 19 hours, and 42 minutes between launches. 🎯 SpaceX aims for 144…
💼 Ford reopens orders for F-150 Lightning electric pickup after shipment pause. 💰 Significant price cuts of up to $5,500 for certain F-150 Lightning trims. 🏭 Ford reduces F-150 Lightning workforce by as much as two-thirds due to demand concerns. ⚡ Ford adjusts 2024 production forecast, aiming for a weekly production rate of 1,600 units.…
🚀 SpaceX successfully launches new-generation weather satellite for the Department of Defense. 🛰️ The satellite, named WSF-M1, will provide real-time data on ocean surface winds, tropical cyclone intensity, and low Earth orbit solar weather. 🌊 Data from the satellite will also include monitoring of sea ice, snow depths, and soil moisture. 🌍 WSF-M1 was deployed…
💼 Polestar CEO outlines new shareholder structure with Geely and Volvo. 🔄 Volvo to decrease its stake in Polestar to 18%. 🏢 Geely Sweden Holding to become the second-largest shareholder of Polestar. 💰 Polestar secures $950 million in external funding from international banks. 🚗 Polestar 2 widely available in multiple markets. 🛣️ Polestar aiming for…