Tag: Tesla

Tesla is ‘expanding’ battery cell manufacturing team, now hiring production associates

Tesla is ‘expanding’ its battery cell manufacturing team as it is about to start production of its own battery cells in volume. The automaker is now hiring production associates for its cell manufacturing pilot line. Earlier this year, Electrek has exclusively revealed Tesla’s secret “Roadrunner” project, which consists of its in-house designed battery cell manufacturing system to increase… Continue reading Tesla is ‘expanding’ battery cell manufacturing team, now hiring production associates

China now accounts for nearly one-quarter of Tesla revenue

Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan. In the three months ended June 30, the automaker’s revenue in China climbed 102.9% year-over-year to $1.4 billion, according to its latest SEC filing. That means China now makes up 23.3% of Tesla’s total… Continue reading China now accounts for nearly one-quarter of Tesla revenue

Elon Musk: Tesla is open to supply software, powertrains & batteries to other automakers

CEO Elon Musk says that Tesla is currently open to licensing software and supply powertrains and batteries to other automakers struggling to make electric cars. Recently, we reported on automakers admitting that Tesla has a lead on several key areas of developing and building electric vehicles. Volkswagen has been quite open about the fact that… Continue reading Elon Musk: Tesla is open to supply software, powertrains & batteries to other automakers

Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest

VW e-up The e-up can fully exploit its advantages in the city center. This applies to the shape and functionality of the small car as well as to the electric motorization. (Photo: Alexander Möthe) Düsseldorf “Is that the one with the software problems?” Asks a passerby who drives past me and my parked car on… Continue reading Electromobility: Bargain Stromer on a farewell tour – the VW e-up in the Handelsblatt autotest

Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation

Reuters Tesla shares are far too expensive to recommend after more than tripling in 2020, the Bernstein analyst Toni Sacconaghi wrote in a note. The firm lowered its Tesla stock rating to “underperform” from “market perform” on Tuesday and maintained a $900 price target, implying that shares will tumble 42% over the next year. Though… Continue reading Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation

Tesla quietly revealed it got a government coronavirus bailout after Elon Musk opposed another stimulus package (TSLA)

Four days after CEO Elon Musk decried “special interest earmarks” in economic relief packages, Tesla revealed that it also received government aid in response to the coronavirus. “As part of various governmental responses to the pandemic granted to companies globally, we received certain payroll related benefits which helped to reduce the impact of the COVID-19… Continue reading Tesla quietly revealed it got a government coronavirus bailout after Elon Musk opposed another stimulus package (TSLA)

First look at Elon Musk’s personal Tesla Model S with prototype color

We’ve got a first look at Elon Musk’s personal Tesla Model S with a new prototype color that will apparently be possible thanks to a new paint shop. Over the last year, Elon Musk has been talking about Tesla building the “most-advanced paint shop” at Gigafactory Berlin. The CEO talked about new multi-layered paints: “Giga… Continue reading First look at Elon Musk’s personal Tesla Model S with prototype color

Tesla (TSLA) could become most valuable company in the world, says VW CEO

Tesla is getting accolades from the competition over its financial results amid the COVID-19 pandemic as the head of Volkswagen says that he believes the electric automaker could become the world’s most valuable company. Last week, Tesla announced its Q2 2020 financial results and crushed expectations by delivering a profit despite a difficult situation due… Continue reading Tesla (TSLA) could become most valuable company in the world, says VW CEO