Tesla Signs $2.9 Billion Nickel Deal with South Korea’s L&F: Filing

South Korean battery-materials manufacturer L&F has signed a 3.835 trillion won ($2.9 billion USD) nickel supply deal with Tesla, according to a regulatory filing on Tuesday (via MarketWatch). The deal holds that L&F will supply high-nickel cathode materials to Tesla from January 1, 2024 to December 31, 2025, according to the South Korean company. Following […]

SpaceX Launches First Batch of Starlink ‘V2 Mini’ Satellites [VIDEO]

SpaceX today launched its first batch of Starlink ‘V2 Mini’ satellites into low-Earth orbit, the next generation of its internet satellites, that offer 400% more capacity than previous iterations of its Starlinks. At 6:13 p.m. ET (23:13 UTC), Falcon 9 launched 21 second-generation Starlink satellites to low-Earth orbit from Space Launch Complex 40 (SLC-40) at […]

Tesla CEO Elon Musk Regains Title as World’s Richest Man

Tesla CEO Elon Musk has regained the title of the world’s richest man, according to the Bloomberg Billionaires Index, which tracks the daily ranking of the globe’s richest people, based on the stock prices of their companies. With Tesla stock rebounding from an ugly 2022 and has surged 24.58% in the past month, and 92% […]

Starlink Nears 100,000 Customers in Australia, Says SpaceX

SpaceX’s satellite internet service Starlink has nearly reached 100,000 customers in Australia in just two years of operations in the country, according to The Sydney Morning Herald. At a round table discussion earlier in February, SpaceX officials said Starlink had earned 95,000 active users in Australia, according to anonymous sources in the telecommunication sector during […]

Tesla Surpasses Ford in U.S. Brand Loyalty for First Time; Wins 7 Awards

Tesla’s auto brand maintained high levels of brand loyalty despite controversies surrounding CEO Elon Musk, as shown in a recent S&P Global Mobility study, reports Bloomberg. The 2023 study, shared on Monday, looked at 11.7 million new-vehicle registrations and gives out awards based on U.S. household vehicle ownership and whether customers go with the same […]

Mexican States Fighting Over Tesla Ahead of Rumored Factory Announcement

Several Mexican states are falling over each other to try and court Tesla as the electric vehicle (EV) pioneer is rumoured to announce the country as the location of its next Gigafactory, according to a report from The Associated Press. While Tesla hasn’t officially confirmed plans to build a factory in Mexico, the company has previously […]