Tag: Tesla

Elon Musk’s Boring Company is reportedly pitching freight tunnels

The Boring Company’s commuting-focused tunnels haven’t exactly caught on, and Elon Musk’s outfit appears ready to switch tacks as a result. The Verge reports that Bloomberg has obtained what it says is a Boring Company pitch deck focusing on freight-focused tunnels that would be 21 feet across, or nearly twice as wide as the 12-foot… Continue reading Elon Musk’s Boring Company is reportedly pitching freight tunnels

@niche: Inside Xos: Flex Manufacturing000970

Some people say they live for cars, but unlike most people, I have literally spent my entire life in the automotive industry. My father was in charge of Volkswagen’s body testing group, and unlike other kids who dream about cool cars, I was surrounded by them — I helped my father investigate squeaks and rattles,… Continue reading @niche: Inside Xos: Flex Manufacturing000970

Tesla has reduced the energy capacity of the battery pack in the new Model S

Tesla has confirmed that it has reduced the energy capacity of the new battery pack in the new Model S. Still, it has increased range over the previous model. It’s all about the efficiency. For the new Model S, Tesla has developed a brand new powertrain under its Palladium program, as Electrek reported last year.… Continue reading Tesla has reduced the energy capacity of the battery pack in the new Model S

GM increases its self-driving and EV investment to $35 billion

GM has increased the money it’s earmarking for its combined EV and self-driving investment from 2020 through 2025 to $35 billion. The largest automaker in the US originally planned to pour $20 billion into the endeavor but decided to give it a boost and up it to $27 billion late last year. Now, as CNBC… Continue reading GM increases its self-driving and EV investment to $35 billion

UK in talks to build battery ‘gigafactories’ for electric cars

The UK government has held talks with six manufacturers about building “gigafactory” electric car battery plants as part of its efforts to improve the prospects of the British automotive industry. The US carmaker Ford and the Korean electronics conglomerates LG and Samsung are among the companies that have had early-stage discussions with the government or… Continue reading UK in talks to build battery ‘gigafactories’ for electric cars

Lordstown Motors new management says it may seek money from General Motors

In a reversal, Lordstown Motors’ new management said the company isn’t so bad off after all and has enough confirmed preorders for its electric pickup to start production this fall with enough money to run through early next year. The sunnier outlook comes days after the company stated in a government filing that it did not have enough funds to… Continue reading Lordstown Motors new management says it may seek money from General Motors

Geely’s EV brand Zeekr sells out of deliverable cars for this year

By Reuters Staff 1 Min Read FILE PHOTO: Visitors check a Zeekr 001, a model from Geely’s new premium electric vehicle (EV) brand Zeekr, at its factory in Ningbo, Zhejiang province, China April 15, 2021. REUTERS/Yilei Sun/File Photo BEIJING (Reuters) – Zeekr, a new premium electric vehicle (EV) brand launched this year by Geely, has… Continue reading Geely’s EV brand Zeekr sells out of deliverable cars for this year

Bitcoin tops $40,000 after Musk says Tesla could use it again

By Tom Wilson, Tom Westbrook 3 Min Read LONDON/SINGAPORE (Reuters) -Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but may resume transactions using it. Bitcoin has gyrated to Musk’s views… Continue reading Bitcoin tops $40,000 after Musk says Tesla could use it again