Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China

Tesla (TSLA) is receiving competing bids for a second Gigafactory in China, according to new documents released by a Chinese province. The automaker said that it expects to announce a new factory location this year. Tesla currently operates two main factories, Tesla Fremont and Gigafactory Shanghai, and it has Gigafactory Texas and Gigafactory Berlin slowly… Continue reading Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China

Tesla plans to build new design center in Beijing this year, Chinese government says

Tesla is planning to build its new design center in Beijing later this year, according to a new document released by the Chinese government. Shortly after announcing Gigafactory Shanghai, Tesla made it clear that it not only wants to tap into China’s incredible capacity in manufacturing, but it also wants to take advantage of the… Continue reading Tesla plans to build new design center in Beijing this year, Chinese government says

Tesla delays more Model X deliveries as Elon Musk admits to problems in the production ramp

Tesla is delaying more Model X orders as Elon Musk admits that Tesla made a mistake in shutting down production of the previous version as the production ramp of the new version is having problems. The automaker didn’t produce the Model X for about eight months as it refreshed both the Model S and Model… Continue reading Tesla delays more Model X deliveries as Elon Musk admits to problems in the production ramp

Tesla loses Roadster chief engineer behind several important vehicle programs to Ford

Tesla has lost its executive in charge of new vehicle programs who has been in charge of several important engineering programs, and now, he is going to work on Ford’s electric vehicles. Alan Clarke has been at Tesla for over a decade. He started out as a senior design engineer in 2009 and worked on… Continue reading Tesla loses Roadster chief engineer behind several important vehicle programs to Ford

Tesla is asked to disable Boombox feature when in drive, NHTSA deems it a safety risk

Tesla was hit by yet another recall today as NHTSA asked the automaker to disable its Boombox feature, which allows drivers to play sounds through their cars’ external speakers when in drive, as the agency believes it is a safety risk. The Boombox feature is more than a year old at this point since it… Continue reading Tesla is asked to disable Boombox feature when in drive, NHTSA deems it a safety risk

Tesla is ‘feverishly’ working on new Roadster that will be an ‘exciting flying machine,’ says chief designer

Tesla Chief Designer Franz von Holzhausen gave a rare update on the often delayed Tesla Roadster. The designer says that Tesla is still “feverishly” working on the electric hypercar that will be an “exciting flying machine.” The new generation of the Roadster has been one of the most delayed programs at Tesla. When first unveiling the… Continue reading Tesla is ‘feverishly’ working on new Roadster that will be an ‘exciting flying machine,’ says chief designer

Ford CEO: We would rival Tesla right now if we were producing enough electric vehicles

Ford CEO Jim Farley made an interesting comment that highlighted just how the perception of Tesla has massively shifted in the automotive industry over the last few years. It was just a few years ago that the consensus about Tesla amongst leaders at legacy automakers was that the company is great at making a few… Continue reading Ford CEO: We would rival Tesla right now if we were producing enough electric vehicles

Tesla spotted working on new Cybertruck prototype, drone gets dangerously close

Tesla was spotted working on a new Cybertruck prototype at Fremont factory. While it’s nice to see more footage of the highly-anticipated new electric pickup truck, the footage makes us a bit uncomfortable with how close the drones get to the prototype and Tesla employees. We were expecting to get an update about the Cybertruck… Continue reading Tesla spotted working on new Cybertruck prototype, drone gets dangerously close

Nissan to end gas engine development (but not really)

Nissan reportedly plans to end “most” gasoline engine development, becoming the first Japanese automaker to take this step, according to Nikkei Asia. The word “most” does a lot of work in that sentence, though, as Nissan still has significant plans to continue selling and developing gas-powered vehicles. Those plans center around the US market, where… Continue reading Nissan to end gas engine development (but not really)

Tesla (TSLA) is now holding about $2 billion in Bitcoin

Tesla (TSLA) gave an update on its Bitcoin holding in a new SEC filing – confirming that it now holds $1.99 billion in 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… Continue reading Tesla (TSLA) is now holding about $2 billion in Bitcoin