QuantumScape loses manufacturing chief over management style mismatch

Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and… Continue reading QuantumScape loses manufacturing chief over management style mismatch

Tesla (TSLA) announces 3-for-1 stock split

Tesla (TSLA) announced today that it is going to put a three-for-one stock split to a shareholder vote at its upcoming annual meeting. The company announced its intentions to do another stock split back in March, but it didn’t reveal the details. Today, as part of the release of its prospectus for its 2022 annual… Continue reading Tesla (TSLA) announces 3-for-1 stock split

Tesla Model Y with new 4680 cells shows impressive potential for faster charging

Early experiences with the new Tesla Model Y with 4680 cells and a structural battery pack are showing some impressive potential for faster charging and better energy density. When Tesla delivered its first made-in-Texas Model Y vehicles, we noted that it was strange that Tesla didn’t reveal any details – like specs and pricing –… Continue reading Tesla Model Y with new 4680 cells shows impressive potential for faster charging

Tesla files for a three-way stock split to make its shares more affordable

Tesla is asking its shareholders to approve a three-way stock split to help make the company’s shares cheaper for buyers. The request is included in a list of provisions Tesla is planning to bring up at its August 4, 2022 shareholder meeting, which it filed Friday with the US Securities and Exchange Commission. Tesla is… Continue reading Tesla files for a three-way stock split to make its shares more affordable

Hooray! Tesla Lets Workers Leave Factory Where They’ve Been Trapped for Months

Finally. Home Sweet Home After being trapped in Tesla’s Giga Shanghai factory for months due to COVID-19 lockdown measures, the carmaker is finally letting workers go back home today, Bloomberg reports. Workers have been sleeping in makeshift accommodations, but will finally able to leave as they clock out of their Friday shifts, according to the… Continue reading Hooray! Tesla Lets Workers Leave Factory Where They’ve Been Trapped for Months

German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004474

New battery material Automakers have high hopes for silicon. It hisses, hums and whirrs: In the laboratory of the battery specialist Sila Nanotechnologies, one huge test station is lined up after the next. In ever new experiments, dozens of researchers are optimizing different batteries to make them even more powerful. “We are making the battery… Continue reading German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004474

German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004473

New battery material Automakers have high hopes for silicon. It hisses, hums and whirrs: In the laboratory of the battery specialist Sila Nanotechnologies, one huge test station is lined up after the next. In ever new experiments, dozens of researchers are optimizing different batteries to make them even more powerful. “We are making the battery… Continue reading German Handelsblatt: Insight Innovation: Silicon in batteries: Mercedes and Tesla rely on the super material 004473

NIO’s Q1 Loss Narrows Year Over Year, Sales Increase 24%

NIO Inc. NIO reported first-quarter 2022 loss per American Depositary Share (ADS) of 18 cents, narrower than the year-ago loss of 48 cents amid higher operating expenses. The China-based electric vehicle (EV) maker posted revenues of $1,563 million, up 24.4% year over year on the back of robust deliveries. NIO delivered 25,768 vehicles in the first… Continue reading NIO’s Q1 Loss Narrows Year Over Year, Sales Increase 24%