The Commonwealth Bank of Australia will be financing Edify Energy and the latter’s plan to build Australia’s largest approved grid battery, leveraging Tesla Megapacks, according to a press release shared on Tuesday. Located in Darlington Point outside of Griffith in New South Wales, the system features 150 MW by 300 MWh of energy storage system, […]

LG Energy Solution is planning to invest 730 billion won ($568 million USD) to expand its Ochang, South Korea production facility, according to Reuters. The company will use the funding to add 9 gigawatt-hours of production capacity, primarily to produce increased levels of Tesla’s next-generation 4680 battery cells, with 580 billion won ($449.8 million USD) […]

When will we see the first orbital launch of Starship? SpaceX CEO Elon Musk said on Tuesday the company’s Starship reusable spacecraft will be “ready to fly next month”. He was responding to a question that asked if July would be possible for the first orbital flight. “I was in the high bay [and] mega […]

A Tesla executive who has been integral in helping the company expand into India has reportedly quit, after the company failed to clinch lowered import duties on cars. Manuj Khurana, the policy and business development at Tesla India, has departed from the company after the automaker halted talks about selling cars in India, according to […]

As legacy automakers like Ford launch their first few electric vehicles (EVs), they’re bound to have some quirks — or major issues — that need to be resolved, like one issue the company is having with its Mustang Mach-E. Ford is asking dealers to halt delivery of the Mustang Mach-E over a propulsion malfunction that […]

Elon Musk’s Twitter buyout has been in progress since April, and for the first time, the Tesla and SpaceX CEO is set to address the company’s employees. Musk is set to attend a company-wide meeting at Twitter on Thursday, as stated in an email by CEO Parag Agrawal on Monday, reports Business Insider. The meeting […]

Tesla appears to be considering its next factory to be somewhere in North America, according to Elon Musk at the company’s recent company-wide meeting. According to Electrek, the site obtained an audio recording of the meeting, and when Elon Musk was asked where the next factory would be located in the U.S., he said it […]

SpaceX on Monday confirmed a previous report back in May the company was looking to raise up to $1.7 billion in new funding. A Form D filed today shows the total offering amount at $1,724,965,480 in new funding, coming from 74 investors from this round. Back in May, a company-wide email noted the company was seeking […]

Chevrolet has announced its all-electric Blazer electric vehicle will be revealed on July 18, 2022, at 8pm PT/11pm ET. “We’ve given you a first look at the All-New Blazer EV but this is just the beginning. The all-electric midsize SUV will be available in a performance boosting SS trim and offers eye-catching design, technology, and […]

The Federal Aviation Administration has released its conclusion on the environmental impact of SpaceX’s first Starship orbital flight. The ruling summary explains a Starship launch “would not significantly affect the quality of the human environment.” The decision reads as follows (via @NASASpaceflight): After reviewing and analyzing all available data and information on existing conditions and […]

NASA is requesting that SpaceX ensure a launch of the Starship rocket would avoid risking any nearby launch infrastructure, according to a senior official from the space agency speaking with Reuters. The news adds another complication to the company’s Starship launch plans, after the launch has been delayed multiple times for an ongoing environmental review […]

As costs for raw materials continue to increase the build price of many electric vehicles (EVs) some automakers have joined together to ask the U.S. to change its tax credit stipulations. Automakers General Motors (GM), Ford, Stellantis and Toyota all helped to urge Congress on Monday to raise the cap on the $7,500 EV tax […]

One Tesla Model S Plaid driver apparently set another new record with the EV, performing a 1/4-mile sprint in just 8.834 seconds and reaching a speed of 161.37 mph — even eliciting a response from CEO Elon Musk. In the post, shared by @BLKMDL3, there’s a picture of the Model S Plaid in question, showing […]

  The Tesla Model Y finally arrived in Australia last week, and after going on sale, demand for the electric SUV is skyrocketing. Demand for Tesla’s Model Y in Australia has pushed the delivery timeline for new orders as far out as February through May 2023, according to the company’s website and as reported by […]

Tesla has been hiring around 500 to 600 people per month at Gigafactory Berlin-Brandenburg, according to statements from a regional economy minister made on Monday, and as reported by Reuters. At a conference, Economic Minister Joerg Steinbach said Tesla has recruited around 4,100 to 4,500 staff thus far. Steinbach said, “The situation of carmakers in […]