It feels like not long ago that Donald Trump was congratulating Tesla CEO Elon Musk for the new Giga Texas factory, and for reopening its Fremont factory before the state of California said it was okay. And now, Musk and Tesla have decided to take action against Trump, to retain its right to importing Chinese […]
An action movie star walks into a rocket made by a billionaire entrepreneur. The set up for a punchline, or real events in 2020? In a new update, SpaceX officials have confirmed that Tom Cruise will, in fact, head to space in 2021 to film a brand new movie at the International Space Station, as […]
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 […]
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 […]
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 […]
Tesla CEO Elon Musk has just set some expectations for the company’s highly-anticipated Battery Day, set for Tuesday, September 22, 2020. “Important note about Tesla Battery Day unveil tomorrow. This affects long-term production, especially Semi, Cybertruck & Roadster, but what we announce will not reach serious high-volume production until 2022,” said Musk on Monday afternoon. […]
One day in advance of Battery Day, and just a few short weeks before the end of Q3, Tesla is rallying to achieve what it hopes will be a record-breaking quarter. In a recent staff email, Tesla CEO Elon Musk expressed that the company may have “a shot at a record quarter” in Q3, as […]
Tesla’s annual shareholder meeting, aptly dubbed Battery Day, takes place September 22, 2020, after being pushed back due to the ongoing pandemic. While there’s rampant chatter of new entry-level models and a revolutionary million-mile battery, both may be a ways away. Patrick Hummel, analyst at the United Bank of Switzerland (UBS), detailed what we can expect to […]
Comparisons between Tesla CEO and entrepreneur Elon Musk, and late Apple co-founder Steve Jobs have been circulating quite a bit recently. When asked if he thought Elon Musk was the new Steve Jobs, billionaire philanthropist Bill Gates told Bloomberg that the comparison was a “gross oversimplification.” Gates told the reporter, “If you know people personally, […]
Tesla (TSLA) has just been given another price target increase from Wall Street analyst Alex Potter, as reported by Barron’s. The Piper Sandler analyst raised his price target from $515 from $480 a share, citing energy storage, increasing battery capacity, and, oddly, CEO Elon Musk’s compensation package as reasons the company would be successful. Musk’s […]
Well, once again Elon Musk is hinting at new and upcoming improvements to battery life, but this time addressing the 12V battery in Teslas. With Battery Day one week away, it’s safe to say we’re all ready to see what Tesla has to unveil. In a response on Twitter, Musk suggested that new and improved […]
Tesla CEO Elon Musk has crushed a rumor that the company was working with partners to develop a smartwatch. Responding to CleanTechnica on Twitter, Musk said, “Definitely not. Smartwatches & phones are yesterday’s technology, Neuralinks are the future.” The original story from cited Idahoreporter and the CEO of Huami Technology, claiming Tesla was set to […]
Tesla CEO Elon Musk has hyped up the company’s highly anticipated Battery Day, saying this morning on Twitter to expect “many exciting things” to be revealed later this month. “Many exciting things will be unveiled on Battery Day 9/22”, said Musk on Friday morning. Tesla’s Battery Day presentation will take place after the company’s annual […]
Despite Tesla’s setback this week due to its stock split, CEO Elon Musk still pulled in an impressive payout of $8.8 billion. Musk’s option payout, tied to the value of Tesla’s stock, came amid the roughest week for the company’s stock since July. After Tesla’s market cap hit an all-time high on Monday, the value […]
Elon Musk made another surprising stop on his trip through Germany to visit Volkswagen CEO Herbert Diess and see what Volkswagen has in store in the world of electric vehicles. The two innovators complimented each other’s work at the Golden Steering Wheel Awards in Berlin last year, where Musk received an award for the Tesla […]
