Tesla has confirmed through its chairwoman that the automaker is aiming to secure $1 billion a year in battery minerals, especially lithium and nickel, from Australia. Robyn Denholm, Tesla’s chairwoman who also happens to be Australia, was attending a Minerals Council of Australia event today and commented on the automaker’s effort to secure resources in… Continue reading Tesla aims to secure $1 billion a year in battery minerals from Australia
Tag: Tesla
Tesla posts biggest drop in 3 weeks on market-share loss
The drop adds to the pressure on Tesla’s share price in recent months as investors eyed growing competitive threats Go to Source
Elon Musk Tweets About “Baby Shark,” Causing Financial Chaos
“Baby Shark crushes all!” Elon Shark Seemingly innocuous tweets by one of the richest people in the world should arguably be met with a dismissive shrug shake of the head. But when it’s Elon Musk, errant posts can send entire markets into a tailspin. In the latest instance, the Tesla CEO sent shares of Samsung… Continue reading Elon Musk Tweets About “Baby Shark,” Causing Financial Chaos
Tesla Owner Admits That Brake Failure Claims Were Made Up
A wave of Chinese Tesla owners are starting to come forward, admitting they staged “brake failures.” Hype Cycle A crackdown by Tesla’s legal team in China has led to a wave of public apologies by Chinese Tesla owners who previously alleged their vehicles experienced “brake failures,” Teslarati reports. Tesla has struggled recently to keep up… Continue reading Tesla Owner Admits That Brake Failure Claims Were Made Up
Why Xpeng Stock Is Higher Today
Reuters Explainer: Tesla drops radar; is Autopilot system safe? Tesla Inc has dropped radar sensors from its semi-autonomous driving system, Autopilot, raising concerns over the safety of the camera-only version, Tesla Vision. Tesla aims to make the driver-assist system fully self-driving, and many in that young industry are skeptical that a vision-only system will work,… Continue reading Why Xpeng Stock Is Higher Today
An EV company is planning a crypto-mining car that will dig for bitcoin and dogecoin while parked
Bitcoin mining is highly energy intensive. Jakub Porzycki/NurPhoto via Getty Images Canadian electric-vehicle maker Daymak is planning a car that will mine bitcoin while charging. It is intended to launch in 2023, and Daymak is accepting pre-order payments in cryptocurrencies. Critics have slammed bitcoin mining, however, as very energy intensive and bad for the environment.… Continue reading An EV company is planning a crypto-mining car that will dig for bitcoin and dogecoin while parked
Tesla has recalled nearly 6,000 Model 3 and Model Y vehicles over potentially loose brake caliper bolts
Nearly 6,000 Tesla Model 3 and Model Ys have been recalled because of potentially loose bolts, filings showed. Loose brake caliper bolts could cause a loss of tire pressure, Tesla said in the filing. Tesla said it would inspect, tighten, or replace the bolts as necessary. See more stories on Insider’s business page. Tesla has… Continue reading Tesla has recalled nearly 6,000 Model 3 and Model Y vehicles over potentially loose brake caliper bolts
The SEC told Tesla twice that Elon Musk’s tweets violated court orders requiring preapproval from company lawyers (TSLA)
The SEC told Tesla that Elon Musk twice violated court orders regarding his Twitter use, The Wall Street Journal reported. A 2018 settlement between Musk, Tesla, and the SEC required Tesla lawyers to preapprove tweets by Musk about the business. Musk’s tweets about Tesls’s solar roof production and stock price violated that order, the SEC reportedly… Continue reading The SEC told Tesla twice that Elon Musk’s tweets violated court orders requiring preapproval from company lawyers (TSLA)
Big Money Is Still Making Huge Bets on Electric Vehicles
– FN Media Group Presents Oilprice.com Market Commentary LONDON, June 2, 2021 /PRNewswire/ — Hundreds of billions of private dollars are being poured into the EV industry … and that’s on top of Biden’s $174 billion for subsidies and charging stations. There is no stopping the surge. Mentioned in today’s commentary includes: Tesla (NASDAQ:TSLA), NIO Limited (NYSE:NIO),… Continue reading Big Money Is Still Making Huge Bets on Electric Vehicles
Volcon ePowersports Hits Funding Milestone Totaling $17.5 Million Since Inception
In recent months, Volcon has signed new national and international partnership agreements surpassing 2021 and 2022 sales projections. The new funds will provide Volcon the ability to meet this demand with additional production, engineering and sales staff, as well as double the production lines in Austin, Texas, to build the Volcon Grunt and Runt, the… Continue reading Volcon ePowersports Hits Funding Milestone Totaling $17.5 Million Since Inception