Tesla is rumored to be behind giant deal to bring LFP battery cell production to the US

Chinese battery cell manufacturer Gotion High-Tech confirmed that it entered into a very important deal to supply LFP battery cells to an unnamed “large US automaker” and partner with that automaker to deploy US production of LFP battery cells. Tesla is rumored to be that unnamed automaker. Currently, there is no US production of iron… Continue reading Tesla is rumored to be behind giant deal to bring LFP battery cell production to the US

Tesla rewarding timely holiday travelers with free supercharging

Tesla announced an early Christmas present for all those pre-dawn road trippers: free vehicle charging at certain Supercharger locations if you get there before 10AM (or after 7PM if you’re more of a night rider). The announcement comes right before peak holiday travel season, when an estimated 100 million Americans will be on the road… Continue reading Tesla rewarding timely holiday travelers with free supercharging

@VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004385

21/12/2021 #PioneersForPorsche looks at the people behind the ideas, their challenges, great success and key learnings. First up is Philipp Schröder, Co-Founder of 1KOMMA5°, dedicated to a sustainable future through clean energy. Since its founding in 2016, Porsche Ventures has been strategically investing in business models in the areas of customer experience, mobility and digital… Continue reading @VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004385

In Anti-Blockchain Twist, Elon Musk Slams Web3 as “Marketing Buzzword”

Tesla CEO Elon Musk doesn’t believe the hype about Web3, a buzzy idea for a blockchain-based and highly decentralized internet. The billionaire slammed Web3 in a Sunday tweet, calling it “more marketing buzzword than reality right now.” The context was intriguing as well, as Musk was replying to a clip of a Web3 advocate responding to a… Continue reading In Anti-Blockchain Twist, Elon Musk Slams Web3 as “Marketing Buzzword”

Why CarMax (KMX) is Poised to Beat Q3 Earnings Estimates

CarMax Inc. KMX is slated to release third-quarter fiscal 2022 results on Dec 22, before the opening bell. The Zacks Consensus Estimate for the quarter’s earnings and revenues is pegged at $1.49 per share and $7.63 billion, respectively. The used car dealership chain posted earnings miss in the last reported quarter on lower-than-anticipated gross profit… Continue reading Why CarMax (KMX) is Poised to Beat Q3 Earnings Estimates

General Motors (GM) Extends Production Halt for Bolt EV & EUV

General Motors GM recently announced that the Chevrolet Bolt EV and EUV’s production halt at the GM Lake Orion Assembly Plant in Michigan has been extended through February 2022. Production activities in the plant have been suspended since the end of August 2021, when a recall for the Chevy Bolts was issued, following several battery fires… Continue reading General Motors (GM) Extends Production Halt for Bolt EV & EUV

Harry Domash, Online Investing | Electric vehicles could give jolt to these ETFs – Santa Cruz Sentinel

Next year, we’ll see all-electric vehicles (EVs) introduced by established brands such as Audi, BMW, Cadillac, Ford, Hyundai, Jaguar, Kia, Mercedes-Benz, Porsche, Volvo and Subaru, as well as from new brands including Bollinger Motors, Canoo Lifestyle, Fisker and Lucid Group. One major advantage of EVs compared with conventional cars and trucks is that they produce… Continue reading Harry Domash, Online Investing | Electric vehicles could give jolt to these ETFs – Santa Cruz Sentinel

Tesla releases big holiday update with TikTok app, UI changes, and more

Tesla has started to release its big ‘holiday’ software update with TikTok integration in Tesla Theater, several UI changes, and more. While Tesla generally pushes new features through software updates whenever it is ready, it is also known for bundling some of those more fun features for a bigger ‘holiday update’ toward the end of… Continue reading Tesla releases big holiday update with TikTok app, UI changes, and more

Tesla Model Ys spotted at Gigafactory Berlin, but production approval still uncertain

Several Tesla Model Y vehicles have been spotted at Gigafactory Berlin. Production has been expected to start any day, but official environmental approval is still uncertain. Over the last year, Tesla has run into a lot of red tape while trying to get approval to start production at Gigafactory Berlin, a giant new factory located… Continue reading Tesla Model Ys spotted at Gigafactory Berlin, but production approval still uncertain

Artist Shuts Down Because People Keep Stealing Their Work to Make NFTs

NFT theft is a huge problem. NFT Theft Comic artist Liam Sharp, who has worked for the likes of DC Comics, is sick and tired of having his work stolen. Sharp decided to shut down his gallery on DeviantArt, a massive online art community, because “people keep stealing my art and making NFTs,” he announced… Continue reading Artist Shuts Down Because People Keep Stealing Their Work to Make NFTs