General Motors will work with its network of dealers to help spur the installation of 40,000 electric vehicle chargers in the US, the company announced today. It will also begin selling its own “Ultium” branded Level 2 chargers for home or business uses. GM said that it hopes the new project will spur the creation… Continue reading General Motors wants to help build 40,000 electric vehicle chargers in the US
Tag: Tesla
Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles
Tesla Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles Milestone comes after firm’s Model 3 became first battery-powered electric car to top Europe’s monthly sales chart UK battery ‘gigafactory’ plans expansion as EV demand soars Tesla joins the tech companies Apple, Amazon, Alphabet, Facebook and Microsoft among the US firms to have passed… Continue reading Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles
Elon Musk confirms Tesla didn’t give Hertz discount on 100k EV order, questions TSLA surge over it
Elon Musk has confirmed that Tesla didn’t give Hertz a discount on its order of 100,000 electric cars. The CEO also questions Tesla’s incredible stock price surge following the news. As we reported yesterday, rental car company Hertz announced that they placed an order of 100,000 Model 3 electric vehicles with Tesla. The order is… Continue reading Elon Musk confirms Tesla didn’t give Hertz discount on 100k EV order, questions TSLA surge over it
Hertz Orders 100,000 Teslas for Rental Cars
The deal caused Tesla’s market valuation to hit the $1 trillion mark. Big Order Rental car company Hertz has ordered 100,000 Tesla Model 3s as part of a massive push to electrify its fleet — the largest purchase of electric vehicles ever, according to Bloomberg. It’s a massive deal reportedly worth $4.2 billion, pushing the… Continue reading Hertz Orders 100,000 Teslas for Rental Cars
Tesla should limit where Autopilot can be used, NTSB says
Detroit — The head of the U.S. National Transportation Safety Board is calling on Tesla to act on recommendations to limit where its Autopilot driver-assist system can operate and to put a system in place to make sure drivers are paying attention. In a letter sent to Tesla CEO Elon Musk on Monday, Chairwoman Jennifer… Continue reading Tesla should limit where Autopilot can be used, NTSB says
Hertz/Tesla: 100,000 reasons why both groups are cruising
Rental car company has just $1.2bn in corporate debt and another $1.5bn in preferred stock Go to Source
The Station: Zoox seeks out rain and Tesla fans go on the attack — again
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. TechCrunch’s… Continue reading The Station: Zoox seeks out rain and Tesla fans go on the attack — again
GM, Ford results likely to reflect chip shortage’s varying impacts on sector
DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday. GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with… Continue reading GM, Ford results likely to reflect chip shortage’s varying impacts on sector
LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Revenue rose 41% to 10.6 trillion won, LG Chem said in a regulatory filing. South Korea’s LG Chem Ltd posted a 20% fall in quarterly profit on Monday, hurt by a one-off expense associated with the recall of General Motors‘ Bolt electric vehicles. It reported an operating profit of 727 billion won ($617.55 million) for… Continue reading LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Panasonic unveils its Tesla 4680 battery cell, production to start next year
Panasonic has today unveiled its new 4680 battery cell built for Tesla and it plans to start “test production” early next year. Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry. The automaker claims to have solved some major issues that were preventing… Continue reading Panasonic unveils its Tesla 4680 battery cell, production to start next year