Tesla is going to build an assembly factory in Mexico City, according to a representative of President Andrés Manuel López Obrador. The new rumored factory is apparently on top of the rumored factory in Nuevo León, Mexico. Last year, we reported on Tesla’s CEO Elon Musk confirming that Tesla is considering sites for a new factory… Continue reading Tesla is going to build a factory in Mexico City, says government official
Author: Electrek Newsfeed
Tesla grows headcount to new record despite waves of layoffs
Tesla confirmed that it grew its headcount by 29,000 employees last year despite waves of layoffs in 2022. 2022 has been a tough year for Tesla employees. They faced waves of layoffs, and the stock price plummeted, which negatively affected their stock options, an important part of their compensation. Despite the layoffs, Tesla has still… Continue reading Tesla grows headcount to new record despite waves of layoffs
Tesla still holds Bitcoin, but also took a $200 million loss because of it
Tesla confirmed that it still holds Bitcoin, but it sold a lot of them and took a $200 million loss because of the cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step back with crypto… Continue reading Tesla still holds Bitcoin, but also took a $200 million loss because of it
Tesla opens its Supercharger to non-Tesla EVs in Australia
Tesla continues the gradual opening of its Supercharger network to non-Tesla electric vehicles – now with a few stations in Australia. The timing of the launch of the pilot program in North America is still unknown. Over the last year, Tesla has been working to open its Supercharger network to non-Tesla electric vehicles. In Europe, Tesla… Continue reading Tesla opens its Supercharger to non-Tesla EVs in Australia
Tesla Megapacks keep airport and US Coast Guard station powered during natural disasters
A Tesla Megapack-powered microgrid in Northern California has helped keep an airport and US Coast Guard station, described as a lifeline for the region, powered during natural disasters. Natural disasters such as earthquakes and winter storms can cause power outages, leaving communities without access to essential services. In the event of such occurrences, it is… Continue reading Tesla Megapacks keep airport and US Coast Guard station powered during natural disasters
Toyota is the latest car company to jump on the electric bike bandwagon
Automakers have seen the writing on the wall for the car industry, as millions of new e-bike riders opt for lighter and more efficient vehicles. Now Toyota has become the latest in a long line of automakers dipping their toes into the electric bicycle market. Like many other automakers who have rolled out e-bikes in… Continue reading Toyota is the latest car company to jump on the electric bike bandwagon
Tesla bursts into top 10 best-selling cars in the world with 2 models; industry should be scared
Tesla has burst into the top 10 best-selling cars in the world with not just one but two models in 2022. It’s something that the industry should be scared of, as manufacturing electric vehicles in volume becomes clearly disruptive. It’s hard to argue against the fact that electric vehicles are taking over. Their market shares… Continue reading Tesla bursts into top 10 best-selling cars in the world with 2 models; industry should be scared
Audi hints at luxury electric 4×4 to compete with Mercedes Benz and Land Rover
The luxury electric 4×4 you’ve been waiting for is set to emerge in 2027, and no, it’s not the Mercedes Benz G-Class or Land Rover Defender. It’s a new secret project from Audi. A luxury electric Audi 4×4 coming in 2027 In a first from Audi, the German automaker is showing interest in the luxury… Continue reading Audi hints at luxury electric 4×4 to compete with Mercedes Benz and Land Rover
Elon Musk meets with top Biden administration officials over electrification
Elon Musk has met today with top Biden administration officials over electrification goals and amid tensions between Musk, Tesla, and the administration. There have been a lot of tensions between the Biden administration, Tesla, its CEO Musk, and Musk’s fans. The first major blow seems to have been the ceremony where President Biden signed a new… Continue reading Elon Musk meets with top Biden administration officials over electrification
Tesla’s energy storage business is booming, and it’s just the beginning
Tesla’s energy storage business is booming with a record year, but it’s just the beginning as we could see volume hit new records quickly. With the release of its Q4 2022 financial results, the automaker released its energy division’s deployment number. Tesla Solar had a good quarter with 100 MW deployed, but the company really… Continue reading Tesla’s energy storage business is booming, and it’s just the beginning