Some people trade stocks, but Tesla wants to trade energy capacity. The company is building a new team of traders to do just that with its Autobidder platform. Autobidder is a real-time trading and control platform for energy assets, like Tesla’s Powerpacks, Powerwalls, and Megapacks, optimized through machine learning to better use and more directly monetize… Continue reading Tesla is building a team of energy traders
Author: Electrek Newsfeed
A new giant Tesla Megapack project is under construction in the UK
Tesla has started delivering new Megapack batteries for a giant new 99 MW/198 MWh energy storage project under construction in the UK. Almost exactly two years ago, Tesla launched the Megapack. It was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized 3 MWh battery system with… Continue reading A new giant Tesla Megapack project is under construction in the UK
Renault will seek to extend the 2035 EU ICE ban to 2040
During IAA Mobility in Munich this week, an executive for Renault Group stated plans to seek an extension of the recently proposed 2035 ban of all internal combustion engine (ICE) vehicle sales in the EU. According to the report, Renault wants an extension to around 2040 in order to provide more affordable cars to consumers… Continue reading Renault will seek to extend the 2035 EU ICE ban to 2040
Tesla Gigafactory Texas attracts suppliers as production nears
A new report shows that several known Tesla suppliers are showing in Texas as the automaker is about to start production at its Gigafactory in Austin. Tesla Gigafactory Texas is an important project for the automaker. It is the first vehicle factory that Tesla is building from the ground up in the US. The automaker… Continue reading Tesla Gigafactory Texas attracts suppliers as production nears
Elon Musk says Tesla (TSLA) is worth $3,000 a share ‘if they execute really well’
Elon Musk told employees that he agrees with Ark Invest that Tesla (TSLA) is worth $3,000 a share “if they execute really well.” The CEO has often commented on Tesla’s stock price, but surprisingly, it was often to say that the price was too high. In 2020, when Tesla’s stock was reaching new high, Musk… Continue reading Elon Musk says Tesla (TSLA) is worth $3,000 a share ‘if they execute really well’
Nissan tests an EV motor-magnet recycling breakthrough
Nissan and Waseda University in Tokyo have been working together since 2017, and today, they announced that they are starting the testing of a recycling process that recovers high-purity, rare-earth compounds from electric vehicle motor magnets. First, they heat a used motor to 2,552F (1,400C) to melt it down. Then iron oxide is added to… Continue reading Nissan tests an EV motor-magnet recycling breakthrough
Audi unveils wild new concept that hints at electric A8 sedan
Audi has unveiled today its Grandsphere concept, an wicked-looking new concept that hints at the upcoming electric A8 sedan. Ahead of the IAA show in Munich, Audi has unveiled a new concept vehicle. While we don’t get too excited about concept electric vehicles here at Electrek, Audi has already made its electrification ambitions clear, and… Continue reading Audi unveils wild new concept that hints at electric A8 sedan
Elon Musk: ‘This is craziest month of deliveries Tesla (TSLA) will ever have’
Elon Musk told Tesla (TSLA) employees that “this is the craziest month of deliveries Tesla will ever have.” The CEO stated that Tesla is again trying to stop its draining end-of-quarter delivery pushes, but he expects a big one this quarter. Tesla has been known to have intense end-of-quarter delivery pushes due to its distribution… Continue reading Elon Musk: ‘This is craziest month of deliveries Tesla (TSLA) will ever have’
Tesla aims to release $25,000 electric car in 2023, likely will not have a steering wheel
Elon Musk has told Tesla employees that the automaker is aiming to release its previously announced $25,000 electric car in 2023. The CEO hinted that it might not even be equipped with a steering wheel. At Tesla Battery Day last year, CEO Elon Musk announced that Tesla will be making a $25,000 electric car. The… Continue reading Tesla aims to release $25,000 electric car in 2023, likely will not have a steering wheel
Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack
Tesla is currently in Germany testing its Model S Plaid and attempting to break some records on a notoriously difficult track. You can watch Tesla take some hot laps with the Model S Plaid on the Nürburgring racetrack below. After Porsche brought its brand-new Taycan electric car to the Nürburgring racetrack to break a record… Continue reading Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack