Elon Musk’s vision for Twitter and his financial plans for the social media giant proved instrumental in raising $46.5 billion USD in financing for his bid to acquire the company — reports Bloomberg. Musk hasn’t said much publicly about his plans for Twitter beyond wanting to make it “the platform for free speech around the globe.” […]
Herbert Diess, CEO of veteran German automaker Volkswagen, recently sat down with Lesley Stahl for an interview on CBS‘s 60 Minutes. The two started off by talking about Volkswagen’s production and supply chain woes amidst Russia’s ongoing invasion of Ukraine. Last month, Volkswagen delayed the ID.5 electric vehicle (EV) to May after the war cut […]
SpaceX successfully launched its 43rd Starlink mission aboard a Falcon 9 rocket on Thursday at 1:51 p.m. ET from Space Launch Complex 40 (SLC-40) at the Cape Canaveral Space Force Station in Florida. Liftoff! pic.twitter.com/mSA8WD2TTo — SpaceX (@SpaceX) April 21, 2022 Starlink is a high-speed broadband service from SpaceX powered by a constellation of satellites […]
According to a recent report from Barron’s, Tesla’s record-setting earnings for the first quarter of this year handily beat Wall Street’s estimates, leaving analysts “speechless” (via Yahoo Finance). The electric vehicle (EV) maker on Wednesday announced $18.7 billion USD in total revenue for Q1 2022, up a staggering 81% year-over-year, with a net income of […]
Tesla and SpaceX CEO Elon Musk this week created three new holding companies, each with a variation of the name “X Holdings,” to help with his planned acquisition of social media giant Twitter — reports Bloomberg. According to documents filed with the U.S. Securities and Exchange Commission (SEC), Musk and his co-investors in the Twitter […]
Legacy Swedish automaker Volvo on Tuesday announced an investment in StoreDot, an Israeli company that is working on electric vehicle (EV) batteries capable of extreme-fast charging. The investment was made through the Volvo Cars Tech Fund, Volvo’s venture capital unit. StoreDot is working on disruptive battery tech capable of adding 257 miles (160 km) of […]
South Korean battery manufacturer Samsung SDI is looking to apply its electric vehicle (EV) battery production wisdom to smartphone batteries — reports The Elec. Samsung SDI supplies EV batteries to several automakers, including BMW and Stellantis. The battery maker even vied for contracts from Tesla last year when it produced samples of the EV maker’s new […]
Tesla and SpaceX CEO Elon Musk is looking to partner with co-investors in his $43 billion USD bid to buy social media platform Twitter — reports The New York Post. Earlier this month, Musk revealed he had bought a 9.2% stake in Twitter for $3.4 billion, becoming the company’s largest shareholder. Musk was originally going to […]
YouTuber Ben Vallack recently traded their Fremont-built Tesla Model 3 for a Giga Shanghai-made 2022 Model Y in the U.K. and shared his first impressions of the electric crossover in a video. Having already owned a Tesla, Vallack noticed a number of differences and improvements Tesla has made to the 2022 Model Y. One of […]
Tesla CEO Elon Musk last week said he doesn’t think Twitter’s board of directors shares the same financial interests as the social media platform’s investors. “With Jack [Dorsey] departing, the Twitter board collectively owns almost no shares,” Musk said in a tweet, replying to a shareholding breakdown of each of the members of Twitter’s board. […]
According to Automobilwoche, Tesla’s German Gigafactory in Berlin-Brandenburg is currently producing 350 Model Y units per week (via @SawyerMerritt). Tesla will ramp production at the facility up to 1,000 units per week by the end of this month, but the report also says that Giga Berlin won’t see another significant increase in output for the rest […]
Last week, Tesla CEO Elon Musk confirmed that the company would no longer include a basic Gen 2 Mobile Connector Bundle with new vehicle purchases. Instead, customers who want a mobile charger would have to buy a standalone Corded Mobile Connector with a fixed 14-50 adapter for $400 USD. Now that Tesla does not include […]
TED on Sunday released organization head Chris Anderson’s over one-hour-long exclusive interview with Tesla and SpaceX CEO Elon Musk. The interview was recorded at Tesla’s Gigafactory in Austin, Texas, on April 6, just one day before the company’s Cyber Rodeo event to celebrate the grand opening of the factory. Musk shared his thoughts on what […]
Here’s a list of all the new Tesla Superchargers that went live across the globe this past week, courtesy of data from Supercharge.info and the TMC Forums: Date Opened Location Number of Stalls Power Rating Official Listing April 11, 2022 Zürcherstrasse 464, St. Gallen, Switzerland 12 250 kW Tesla April 12, 2022 Shoppes at Oxford at 1011 […]
German newspaper WELT last week published the full video of Axel Springer SE CEO Mathias Döpfner’s interview with Tesla and SpaceX CEO Elon Musk. Döpfner, who is also a reporter for WELT, sat down with Musk at Tesla’s Fremont Factory for a rare interview following the company’s Gigafactory Berlin delivery event in Germany. Check out the full […]