Tesla has unveiled its Megafactory in California for the first time as part of a hiring effort as it ramps up battery production. Last year, Tesla broke ground on a new “Megafactory” to produce Megapack batteries in Lathrop, California. The goal is to have a new factory focused only on building the large battery pack for utility-scale… Continue reading Tesla unveils its Megafactory as battery production ramps up
Author: Electrek Newsfeed
General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance
GM shared its Q3 2022 financial report today, which is highlighted by an EBIT-adjusted $4.3 billion bolstered by a quarterly revenue of $41.9 billion. As a result, the American automaker has reaffirmed its full-year earnings guidance as it continues to scale its Ultium platform and expand EV production throughout its marques. Everyone is aware of GM ($GM) by… Continue reading General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance
Tesla’s new Cybertruck Giga Press is on its way
Idra, the maker of Tesla’s large casting press, confirmed that it is now shipping Tesla’s Cybertruck Giga Press, which is going to be the new world’s largest press. Earlier this year, Idra teased a new 9,000-pound Giga press that would take the prize as largest in the world. Considering Tesla’s relationship with Idra, it was… Continue reading Tesla’s new Cybertruck Giga Press is on its way
Tesla expands ‘high-volume’ hiring in Quebec amid rumors of a factory
Tesla is expanding the hiring of recruiters and a support team for a “high-volume” hiring effort in Quebec amid rumors of a potential factory coming to the region. Earlier this year, we started reporting on evidence that Tesla has been looking at a potential location in Canada for its next Gigafactory. Tesla plans to ramp… Continue reading Tesla expands ‘high-volume’ hiring in Quebec amid rumors of a factory
The sounds of a Tesla: A guide to sounds your electric car makes
Tesla has produced a new guide to familiarize yourself with the sounds that its electric cars make. Even though EVs are quieter than gasoline-powered vehicles, it doesn’t mean they are noiseless. Electric cars not only reduce pollution from harmful emissions at the tailpipe, but they also reduce noise pollution. That’s a benefit that is often… Continue reading The sounds of a Tesla: A guide to sounds your electric car makes
Tesla is rumored to be looking to invest in Mexico
Tesla is rumored to be looking to invest in Nuevo Leon, a Mexican state bordering Texas, as CEO Elon Musk meets with the governor. Earlier this year, people crossing the border between Texas and Nuevo Leon were surprised to see not just the usual marked lanes for cars and trucks but also one marked “Tesla”… Continue reading Tesla is rumored to be looking to invest in Mexico
Toyota struggles with EV shift, considers changing plans due to Tesla
Toyota is struggling with its shift to electric vehicles, and it is reportedly considering major changes in its EV plans driven by Tesla’s manufacturing strategy. However, it may slow down some of its existing electric vehicle programs. For years, we have been reporting on how Toyota has been lagging behind the competition in the shift… Continue reading Toyota struggles with EV shift, considers changing plans due to Tesla
Tesla releases software update with improved charging efficiency and more
Tesla has released a new software update (2022.40.1) that delivers improved charging efficiency for faster charge time and reduced energy costs, along with a few other goodies. Some Tesla owners are waking up to a new software update bringing new features and capabilities to their vehicles. All Tesla vehicles built over the last 10 years… Continue reading Tesla releases software update with improved charging efficiency and more
Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices
Tesla has decided to pull on demand levers in China with the launch of a new referral program in the market and cutting prices on Model 3 and Model Y. The TSLA Stock price is down in pre-market. Over the last few months, there have been increased concerns about softening of demand for Tesla vehicles.… Continue reading Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices
Elon Musk’s language about Tesla’s self-driving is changing
The language used by Elon Musk about Tesla’s self-driving effort is changing, and it is muddying the timeline for the automaker to deliver on its promise. Musk use to make statements that made him sound supremely confident that Tesla could soon deliver a self-driving system and virtually all vehicles the automaker produced since 2016 through… Continue reading Elon Musk’s language about Tesla’s self-driving is changing