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
Tag: Tesla
Broadway Automotive Announces Construction of New Collision Center, Largest in Midwest
The renovated facility will be dedicated to collision repair, including: drive-thru estimating, 42 repair bays, and 6 down-draft paint booths, allowing collision personnel the space and technology to professionally and quickly repair vehicles. Broadway’s new collision facility will double the size of its current Ashland Avenue collision operations, and will be the largest in the… Continue reading Broadway Automotive Announces Construction of New Collision Center, Largest in Midwest
Elon Musk blames ‘supply chain price pressure’ for Tesla’s increasing prices
Tesla CEO Elon Musk has blamed supply chain price pressure for incremental price increases the company has made to its Model 3 and Model Y vehicles over the past several months. “Prices increasing due to major supply chain price pressure industry-wide,” the CEO tweeted in response to a complaint about the changes. “Raw materials especially.”… Continue reading Elon Musk blames ‘supply chain price pressure’ for Tesla’s increasing prices
Explainer: Tesla drops radar; is Autopilot system safe?
By Hyunjoo Jin 5 Min Read (Reuters) – 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. FILE PHOTO: The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. REUTERS/Alexandria Sage/File… Continue reading Explainer: Tesla drops radar; is Autopilot system safe?
Tesla recalls nearly 6,000 U.S. cars over potentially loose bolts
Tesla Inc (TSLA.O) is recalling nearly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the potential to cause a loss of tire pressure, documents made public on Wednesday show. The recall covers certain 2019-2021 Model 3 vehicles and 2020-2021 Model Y vehicles. Tesla’s filing with the National Highway Traffic Safety Administration (NHTSA)… Continue reading Tesla recalls nearly 6,000 U.S. cars over potentially loose bolts
Tesla recalls nearly 6,000 U.S. vehicles over potentially loose bolts
By Reuters Staff 1 Min Read WASHINGTON, June 2 (Reuters) – Tesla Inc is recalling nearly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the potential to cause a loss of tire pressure, documents made public on Wednesday show. The recall covers certain 2019-2021 Model 3 vehicles and 2020-2021 Model Y vehicles.… Continue reading Tesla recalls nearly 6,000 U.S. vehicles over potentially loose bolts
Tesla is expected to be first to use LG’s new NCMA nickel-based battery cells
Tesla is expected to become the first automaker to use LG Energy Solution’s new NCMA battery cells, which have a 90% nickel composition. Over the last few years, Tesla has been adopting more new chemistries in its battery cells for its electric vehicles, especially with new vehicles being produced at Gigafactory Shanghai. By validating new… Continue reading Tesla is expected to be first to use LG’s new NCMA nickel-based battery cells
Tesla to buy more than $1 billion of Australian battery minerals a year
Tesla (TSLA.O) said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said on Wednesday that Australia, which is rich in minerals used for batteries like lithium and nickel, is poised… Continue reading Tesla to buy more than $1 billion of Australian battery minerals a year
Elon Musk is still facing SEC acting as Twitter police over his Tesla (TSLA) tweets
New information is revealing that Elon Musk still has the Securities and Exchange Commission (SEC) on his behind acting like Twitter police over his tweets about Tesla. Tesla, Elon Musk, and the SEC Musk and the SEC have had a few run-ins with each other, and it was rarely with a good outcome. Most famously, the… Continue reading Elon Musk is still facing SEC acting as Twitter police over his Tesla (TSLA) tweets
The SEC wrote Tesla in 2019 and 2020 about Elon Musk’s tweets
In 2018 the government sued Tesla CEO Elon Musk over his tweets about taking the company private after the tweets sent Tesla’s stock price down. A settlement in 2019 established rules requiring pre-approval from Tesla lawyers for tweets about certain topics, but as Musk told 60 Minutes, “Well, I guess we might make some mistakes.… Continue reading The SEC wrote Tesla in 2019 and 2020 about Elon Musk’s tweets