Tag: Tesla

1,500 Tesla Powerwall owners have already joined the new virtual power plant in California

PG&E announced that more than 1,500 Tesla Powerwall owners have already decided to joined the new virtual power plant it launched in partnership with Tesla in California. A virtual power plant (VPP) consists of distributed energy storage systems, like Tesla Powerwalls, used in concert to provide grid services and avoid the use of polluting and expensive… Continue reading 1,500 Tesla Powerwall owners have already joined the new virtual power plant in California

German Manager Magazin: Tesla: Elon Musk wants to lower prices for Tesla models – under conditions001923

The US automaker Tesla has increased the prices for its models by several thousand dollars several times in the past few months. The company had given the increased raw material prices as the reason, in particular the prices for aluminum and lithium – these raw materials are used for batteries. Now Tesla boss Elon Musk… Continue reading German Manager Magazin: Tesla: Elon Musk wants to lower prices for Tesla models – under conditions001923

Australian mobility clubs buy major charging network, plan massive expansion

Australia’s largest motoring groups have taken full ownership of the country’s biggest EV charging network, Chargefox, a move which is expected to provide the capital for a massive rollout of fast charging stations across the country. The motoring groups, or mobility clubs, including the NRMA, RACV, RACQ, RAC, RAA and RACT, already owned 40 percent… Continue reading Australian mobility clubs buy major charging network, plan massive expansion

Russian Space Chief Leaving Post, May Be Headed to War Zone

It’s official. The ever controversial head of the Russian space program, Dmitri Rogozin, is being replaced by deputy prime minister Yury Borisov, according to an official statement by the Kremlin. “Bye, Dmitri!” tweeted Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics. It’s unclear what Rogozin’s next gig will be, but according to Russian… Continue reading Russian Space Chief Leaving Post, May Be Headed to War Zone

Twitter and Elon Musk have their first court hearing on July 19th

Twitter won’t have to wait long to take Elon Musk to court, in a limited fashion. Reuters reports that Delaware Court of Chancery chancellor Kathaleen McCormick has scheduled the first hearing for Twitter’s lawsuits on July 19th at 11AM Eastern. The 90-minute session will have a judge hear arguments relating to Twitter’s request for a… Continue reading Twitter and Elon Musk have their first court hearing on July 19th

German Handelsblatt: Corona lockdowns: “Logistics chains are working normally again”: Volkswagen is recovering in the most important sales market004717

Volkswagen schöpft neue Zuversicht auf dem wichtigen chinesischen Automarkt. VW-Chinachef Stephan Wöllenstein sagte am Freitag bei einem Pressegespräch in Peking: „Die ökonomischen Indikatoren bewegen sich in die richtige Richtung.“Es gebe gute Chancen, die Ausfälle aus dem ersten Halbjahr aufzuholen und ein vergleichsweise ordentliches Ergebnis für das gesamte Jahr zu erreichen. Etliche Regionen Chinas hatten im… Continue reading German Handelsblatt: Corona lockdowns: “Logistics chains are working normally again”: Volkswagen is recovering in the most important sales market004717

Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings

Yahoo Finance’s Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network. Video Transcript [MUSIC PLAYING] DAVE BRIGGS: Morgan Stanley slashing price targets for the automakers today. The firm forecasting lower… Continue reading Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings

Tesla Stock Vs. BYD Stock: China EV Giant Sees Booming Profit Amid Buffett Rumors

Reuters Musk says Tesla could lower car prices if inflation slows Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the company had any plans to lower prices that it had raised to beat the pandemic and supply chain woes. “If inflation calms down, we… Continue reading Tesla Stock Vs. BYD Stock: China EV Giant Sees Booming Profit Amid Buffett Rumors

German Handelsblatt: Corona lockdowns: “The logistics chains are working normally again” – How Volkswagen is fighting its way out of the crisis in China004710

Volkswagen schöpft neue Zuversicht auf dem wichtigen chinesischen Automarkt. VW-Chinachef Stephan Wöllenstein sagte am Freitag bei einem Pressegespräch in Peking: „Die ökonomischen Indikatoren bewegen sich in die richtige Richtung.“Es gebe gute Chancen, die Ausfälle aus dem ersten Halbjahr aufzuholen und ein vergleichsweise ordentliches Ergebnis für das gesamte Jahr zu erreichen. Etliche Regionen Chinas hatten im… Continue reading German Handelsblatt: Corona lockdowns: “The logistics chains are working normally again” – How Volkswagen is fighting its way out of the crisis in China004710