Elon Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021. Tesla Inc Chief Executive Elon Musk said the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”.… Continue reading Elon Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

By Reuters Staff 2 Min Read FILE PHOTO: Futurist entrepreneur Elon Musk presents an RNA printer, essentially a vaccine production device, on the sidelines of a meeting with the leadership of the conservative CDU/CSU parliamentary group in Berlin, Germany September 2, 2020. Tobias Schwarz/Pool via REUTERS (Reuters) – Tesla Inc TSLA.O Chief Executive Elon Musk… Continue reading Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

Ex-Tesla executive Straubel aims to build world’s top battery recycler

By Paul Lienert 3 Min Read (Reuters) – Tesla co-founder J.B. Straubel wants to build his startup Redwood Materials into the world’s top battery recycling company and one of the largest battery materials companies, he said at a technology conference Wednesday. FILE PHOTO: An aerial view of the Tesla Gigafactory near Sparks, Nevada, U.S. August… Continue reading Ex-Tesla executive Straubel aims to build world’s top battery recycler

Elon Musk confirms Tesla’s new structural battery and cells are first going to Model Y at Giga Berlin

Elon Musk has confirmed Tesla’s new structural battery design, and 4680 cells are first going to Model Y, which will be produced at Gigafactory Berlin next year. We already had a good idea it was happening since Musk teased that Tesla will introduce a “core structural design change” with Model Y produced in Germany, but… Continue reading Elon Musk confirms Tesla’s new structural battery and cells are first going to Model Y at Giga Berlin

Tesla (TSLA) looks to ‘rapidly grow’ 3D printing manufacturing

Tesla (TSLA) is looking to get into 3D printing at Gigafactory Nevada, according to a new job posting from the automaker. Stocks in the 3D printing industry, also known as additive manufacturing, are rising today as the market is looking at Tesla potentially buying more printers. That’s based on a new job posting in which… Continue reading Tesla (TSLA) looks to ‘rapidly grow’ 3D printing manufacturing

Leaked Tesla Memo: Angry Employee Sabotaged Part of Factory

Under Attack In a leaked email, Tesla’s vice president of legal and acting general counsel Al Prescott warned workers that an anonymous employee “maliciously sabotaged” part of a factory last month, Bloomberg reports. “Two weeks ago, our IT and InfoSec teams determined than [sic] an employee had maliciously sabotaged a part of the Factory,” Prescott wrote.… Continue reading Leaked Tesla Memo: Angry Employee Sabotaged Part of Factory

Recall sets back EV push by China’s Geely to beat Tesla in Europe

HAMBURG, Germany — The Polestar 2, one of the first Chinese-built electric vehicles to be embraced by European drivers, is now facing a full recall in an embarrassing setback for Geely Automobile Holdings and its Swedish subsidiary Volvo Cars. A spokesman for Polestar told Nikkei Asia that the company had requested owners of the nearly… Continue reading Recall sets back EV push by China’s Geely to beat Tesla in Europe

Elon Musk could pocket another $3 billion if Tesla hits earnings goals (TSLA)

Maja Hitij/Getty Images Tesla CEO Elon Musk could pocket another $3 billion in compensation if the electric vehicle company hits specific revenue or profit goals in its upcoming third quarter earnings report. This would be Musk’s fourth of 12 tranches of awarded Tesla options, which is part of his 2018 incentive pay package. The pay… Continue reading Elon Musk could pocket another $3 billion if Tesla hits earnings goals (TSLA)

Mercedes maps out push to lift profits during electric-car shift – BNN

Mercedes-Benz, which has fixated for years on leading the auto industry in luxury-vehicle sales, will put less emphasis on volume and restructure its operations to be more profitable in the midst of a costly shift to electric cars. Daimler AG’s main division will aim for a return on sales in the mid to high single-digit… Continue reading Mercedes maps out push to lift profits during electric-car shift – BNN

Tesla says it caught ‘malicious sabotage’ at Fremont factory

Tesla reportedly caught an employee engaging in “malicious sabotage” at its Fremont factory, according to an internal email to employees. Al Prescott, Tesla’s vice president of legal and acting general counsel, wrote in an email to Fremont factory employees obtained by Bloomberg: “Two weeks ago, our IT and InfoSec teams determined than [sic] an employee… Continue reading Tesla says it caught ‘malicious sabotage’ at Fremont factory