Tesla Battery Suppliers See Shares Drop After Battery Day

According to Yahoo Finance, on Wednesday, the day after automaker Tesla (TSLA) shared its plan to cut the cost of batteries in half at its Battery Day event, the stocks of battery makers LG Chem Ltd (OTC: LGCLF) and Panasonic (OTC: PCRFY) fell 4.5% and 4%, respectively. Alongside Tesla CEO Elon Musk’s announcement that it […]

Tesla’s Giga Berlin Facing Local Criticism Ahead of Public Hearing

No matter how important sustainable transportation is, the feat is null and void without the careful use of other resources to build and maintain these all-electric vehicles (EVs). While Tesla has already received questions and concerns over resource management in its collection of nickel, the EV giant is now facing a new wave of criticism. On […]

Ford to Invest Nearly $2 Billion for Electric Vehicles in Canada

As reported by The Star, Unifor National – the largest trade union operating in Canada’s private sector – and Ford Motor Company of Canada Ltd. have reached a provisional agreement wherein the latter will be investing close to $2 billion in its Canadian production facilities. According to Jerry Dias, Unifor National’s President, Ford has agreed to […]

Tesla Sells ‘S3XY CARS’ According to Elon Musk

Following today’s Tesla Battery Event, CEO Elon Musk took to Twitter to reiterate the company’s ambitions to sell nothing but ‘S3XY CARS’. For those unaware, the current Tesla lineup can be shown with the acronym ‘S3XY’, with Model S, Model 3, Model X and the launch of Model Y this year completing the joke. But […]

Watch Tesla’s 2020 Battery Day Event Replay [VIDEO]

If you missed out on Tesla’s 2020 Battery Event, you can watch a replay of it on YouTube. The event took place immediately after Tesla’s annual shareholder meeting. The whole event, including the annual shareholder meeting, a brief intermission, following by Battery Day and the Q&A session for the latter resulted in a 3 hour […]

Tesla Designs Own Alloy for Model Y Single-Piece Rear Casting

Tesla has recently been trying to reduce the sheer amount of parts used in most of its vehicles’ castings, and the recent update is an exciting one to the compact SUV Model Y. On Tuesday, at the Tesla Battery day event, CEO Elon Musk announced to shareholders and virtual viewers that Tesla is building a […]

Watch Tesla’s Roadrunner 4680 Battery Cell Get Made [VIDEO]

Tesla’s new Roadrunner 4680 battery cell unveiled today gets its name from being 46mm wide and 80mm tall. According to Tesla, the new 4680 battery cell offers five times the energy, will increase vehicle range by 16% and has six times the power of existing batteries. With its cap-less design, this new battery allows for […]

Tesla Model S Plaid Launches for $140,000, Goes 0-60 in 2 Seconds

Among several other announcements at Tesla’s Battery Day, the company announced one of the most exciting developments in its fastest electric vehicle yet becoming available to the consumer market. On Tuesday at the Tesla (TSLA) Battery Day event, CEO Elon Musk announced the long-anticipated Tesla Model S Plaid, which will retail for $140,000 US, and […]

Tesla Plans $25,000 Passenger Car in 3 Years

Tesla today announced it would halve the cost of producing batteries with new its new technology, while CEO Elon Musk also revealed a $25,000 passenger is forthcoming, fully autonomous and coming in three years. During the Battery Day Q&A, Musk was asked what the $25,000 Tesla would be named, but said there was no name […]

Tesla Plans to Half the Cost Per KWh for Batteries

Battery Day is upon us, and we’ll keep you updated here. In a shareholder’s update Tuesday by Tesla CEO Elon Musk prior to the Battery Day event, Musk announced new battery pricing per kWh in the US – the new price hopes to cut the cost per kWh for batteries in half. And yet, Battery […]

Elon Musk Says a “Few Extras” Coming Today on Top of Battery Day News

During Tesla’s Tuesday shareholder’s meeting prior to the Battery Day event, CEO Elon Musk told shareholders that there will be “a little few extras, as well,” alluding to additional surprises at the day’s Battery Day event to follow. In the company’s “Year in Review,” Musk shared some of Tesla’s most recent developments, including its expansion […]