Elon Musk’s plan to “operate as a giant distributed utility” is creeping toward reality. Tesla first piloted a “virtual power plant” in California, inviting Powerwall home battery owners to sell electricity back to the grid at peak times to mitigate brownouts. Soon after, the automaker expanded the effort into Australia and Japan, and next it’s… Continue reading Tesla Powerwall customers in Texas can now sell their electricity back to the grid
Tag: Tesla
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WASHINGTON, Dec 15 (Reuters) – The U.S. Federal Trade Commission, which enforces rules against deceptive practices, has contacted Twitter to ask if the company still has the resources to comply with a privacy consent decree, a person familiar with the matter said on Thursday. Upheaval and mass layoffs at Twitter since its takeover by Elon… Continue reading Untitled
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MEXICO CITY, Dec 15 (Reuters) – Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of Nuevo Leon, government officials said on Thursday. The company has operated since 2015 in Nuevo Leon state, which borders Texas, and where it… Continue reading Untitled
The battle over gig worker status is heating up
The fight over whether gig workers are independent contractors or employees has been heating up this week on both state and federal levels. The stakes? A once disruptive business model could soon be disrupted itself. On the state level, this week has seen developments in the Proposition 22 saga as companies relying on gig workers… Continue reading The battle over gig worker status is heating up
Toyota delves into EV technology with new V2G pilot program
In a seemingly paradoxical change in mindset, Toyota announced a new partnership Thursday with Oncor Electric Delivery to explore the benefits of vehicle-to-grid (V2G) EV technology for drivers and the grid. Despite years of lobbying against electric vehicles, Toyota has apparently changed its stance over the past few months. Seeing the success of EV leaders… Continue reading Toyota delves into EV technology with new V2G pilot program
Tesla launches ‘Tesla Electric’ to become an electricity retailer
Tesla has launched “Tesla Electric” to become an electricity retailer through its Powerwall owners – starting with some markets in Texas. After gaining experience through its virtual power plants (VPPs), Tesla is taking things a step further with the launch of “Tesla Electric.” Instead of reacting to specific “events” and providing services to your local… Continue reading Tesla launches ‘Tesla Electric’ to become an electricity retailer
Tesla is on the verge of announcing a factory in Mexico, report says
Tesla has reportedly acquired land in Nuevo Leon, Mexico, and it is on the verge of announcing a plan to build a factory on it. 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… Continue reading Tesla is on the verge of announcing a factory in Mexico, report says
Elon Musk sells another huge chunk of Tesla shares
Anadolu Agency | Anadolu Agency | Getty Images Tesla CEO Elon Musk has sold about 22 million more shares of his electric vehicle business, which were worth around $3.6 billion, according to a financial filing out Wednesday night. The transactions took place between Monday and Wednesday of this week according to the filings with the Securities and Exchange… Continue reading Elon Musk sells another huge chunk of Tesla shares
Legalcategory
– Twitter dropped a law firm that CEO Elon Musk disparaged. – McGuireWoods rehired an attorney who served on the congressional committee investigating the Jan. 6, 2021 Capitol attack. – Susman Godfrey announced year-end associate bonuses between $85,000 and $160,000, down from last year but higher than those offered by bigger competitors. Go… Continue reading Legalcategory
China’s EV exports won’t be a mostly Tesla story for much longer
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading China’s EV exports won’t be a mostly Tesla story for much longer