Ever since Tesla CEO Elon Musk announced on Twitter that Tesla was looking for a site for the upcoming Cybertruck Gigafactory, we’ve been patiently waiting for the official announcement. It seemed early on that Texas may end up being the spot, though there were a few other solid options, including Tulsa, OK. Not long ago,… Continue reading Presumed Tesla Cybertruck Gigafactory Austin Site Revealed, Worked Started
Tag: Tesla
World’s first fully self-driving car will be ready this year, Elon Musk claims – The Independent
Tesla CEO Elon Musk has said the electric car maker will have fully self-driving vehicles on the road by the end of the year. During an earnings call with investors on Wednesday, the serial entrepreneur revealed that he is already testing an updated version of the firm’s Autopilot software on his commute to work in… Continue reading World’s first fully self-driving car will be ready this year, Elon Musk claims – The Independent
Tesla takes aim at Rivian in lawsuit alleging trade secret theft, poaching talent
Tesla filed a lawsuit against electric vehicle automaker Rivian and four former employers, on allegations of poaching talent and stealing trade secrets. Bloomberg was the first to report the lawsuit filed in California Superior Court in Santa Clara. Tesla alleges in the lawsuit that Rivian recruits Tesla employees and encourages them to take proprietary information… Continue reading Tesla takes aim at Rivian in lawsuit alleging trade secret theft, poaching talent
Elon Musk Says Tesla Is Launching an Insurance Company
420 Gecs Tesla is about to get into the auto insurance game, CEO Elon Musk announced Wednesday. On a call with investors, Musk said that Tesla is in the process of “building” what he called a “major insurance company,” Business Insider reports. By the end of the year, he hopes to have launched in a… Continue reading Elon Musk Says Tesla Is Launching an Insurance Company
Tesla plans two new electric cars after Cybertruck, Musk tentatively confirms
Elon Musk has tentatively confirmed that Tesla plans two new electric cars, including a compact electric car, to come after Cybertruck. After unveiling the Cybertruck, Musk said that the electric pickup truck is Tesla’s last new product for ‘awhile’. Yet, Tesla has recently given some indications that they are planning some other electric vehicles in… Continue reading Tesla plans two new electric cars after Cybertruck, Musk tentatively confirms
Hyundai Motor second-quarter beats estimates, but warns of long road to market recovery
SEOUL (Reuters) – Hyundai Motor Co (005380.KS) reported a smaller-than-expected drop in profit on high-margin domestic sales and said, while demand should pick up soon, the pace of recovery will be slow due to the impact of the coronavirus pandemic. FILE PHOTO: An employee wearing a mask to prevent contracting the coronavirus disease (COVID-19) waits… Continue reading Hyundai Motor second-quarter beats estimates, but warns of long road to market recovery
‘Please mine more nickel,’ Musk urges as Tesla boosts production
BEIJING/MELBOURNE, July 23 (Reuters) – Tesla Inc boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company’s electric cars, warning the current cost of batteries remained a big hurdle to the company’s growth. “Tesla will give you a giant contract for a long period of time… Continue reading ‘Please mine more nickel,’ Musk urges as Tesla boosts production
Elon Musk on Tesla Self-Driving: ‘I can almost go from my house to work with no intervention’
Elon Musk said that he is testing Tesla’s latest alpha built of its self-driving system and claim that he can “almost” go from his house to work without intervention. Last year, Musk announced Tesla’s plan to deploy 1 million “Robotaxi” vehicles for a self-driving ride-sharing network by the end of 2020. The goal is to improve… Continue reading Elon Musk on Tesla Self-Driving: ‘I can almost go from my house to work with no intervention’
Elon Musk hints at Tesla Roadster production in California within 12-18 months
Elon Musk made a rare comment about Tesla Roadster production, which had been delayed a few times, and he hinted at a start to production in California within 12 to 18 months. When Tesla first unveiled the new Roadster in 2017, Musk said that it was coming in 2020. While Tesla never officially delayed the… Continue reading Elon Musk hints at Tesla Roadster production in California within 12-18 months
Tesla Will Build ‘GigaTexas’ to Crank Out Cybertrucks
Everything’s bigger in Texas, including Tesla, which said Wednesday that it will officially open its largest factory yet in the Lone Star State. “GigaTexas” will span a nearly 2,000-acre site near Austin, just 15 minutes from the city’s downtown and five minutes from its airport. On a call with investors to discuss its most recent… Continue reading Tesla Will Build ‘GigaTexas’ to Crank Out Cybertrucks