Shortly after Tesla seemed to halt production at the Fremont Factory, as mentioned by CEO Elon Musk in last week’s plans, operations have seemingly resumed. As reported on Tuesday, Tesla had apparently paused production at Fremont, which was discussed by Musk during the company’s Q2 2023 Earnings Call just one week ago. Musk said: “Although,…
Key Points 🚀 NASA and DARPA have awarded Lockheed Martin and BWX Technologies a contract to develop a nuclear thermal rocket (NTR) engine. 💰 NASA and DARPA will commit up to $499 million towards the program. 🚀 The engine will be built under DARPA’s DRACO program and can fit in the fairing of a SpaceX…
Key Points 🚗 Elon Musk tested an unreleased version of Tesla Full Self-Driving suite known as v12 Alpha build. 🌟 He referred to its performance as “mind-blowing.” 📅 The v11.4.6 Beta version has already started rolling out to non-employees. 🔜 Musk hinted that v12 might shed the “beta” label, indicating it’s a major step towards…
Tesla’s Cybertruck is one of the most eagerly anticipated products in the company’s history and represents its boldest and most unique venture to date. Despite its polarizing design and futuristic appearance, the Cybertruck has garnered an astounding 1.9 million pre-orders, signaling its potential for success. Gary Black, a Wall Street veteran and Managing Partner of…
Key Points 🚗 Volkswagen is strengthening its position in China after reporting solid H1 results for 2023. 💰 The company achieved an operating profit of EUR 11.3 billion ($12.5 billion) with revenue growth of 18% to EUR 156.3 billion ($174 billion). 📈 Volkswagen aims for long-term, sustainable growth with a focus on value over volume.…
Key Points 🚗 Tesla has found a clever loophole to operate in Connecticut despite the state’s direct sales ban. 🏞️ Mohegan Sun, operated by the Mohegan Tribe, plans to introduce a Tesla Electric Vehicle Showroom within its premises, allowing customers to purchase various Tesla models and explore solar and storage products. 🤝 The partnership between…
Key Points 🏭 Tesla is now facing the realities of manufacturing and competition in the automotive industry, according to Stellantis CEO Carlos Tavares. 📉 Tesla’s profitability has declined, moving from over 17% in the first half of 2022 to 10.5% in the first half of 2023. 💰 Stellantis, on the other hand, has seen an…
Key Points 😮 Tesla is expanding the Megacharger network for the upcoming Tesla Semi electric truck. 🔌 Megachargers have a different plug design than regular Superchargers, specifically made for the Tesla Semi. 🚚 A Megacharger was spotted in Baker, California, leading to speculation about Cybertruck compatibility. 📋 Tesla has developed a MW charger that could…
Tesla’s playful jab at Ford continues as a Cybertruck disguised as an F-150 gets ready to hit the streets. Recently, a sighting of the Cybertruck wrapped as an F-150 piqued curiosity among enthusiasts. Tesla’s unconventional approach to testing and validation involves putting prototypes and near-final builds on the road, a strategy that sets it apart…
Key Points ⚡ Tesla’s V4 Superchargers have been confirmed to have a charging speed of 350 kilowatts. 🚗 The V4 Superchargers were previously unveiled in Europe, but official specifications were not disclosed until now. 🔌 The charging power of 350 kW is available for cars that support it, with the Tesla Cybertruck expected to be…