Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, Chief Executive Officer Elon Musk said at a conference on Wednesday. Electric-car maker Tesla Inc will most likely restart accepting bitcoin as payments once it conducts due […]
Bitcoin Jumps Past $32,000 As Elon Musk Says SpaceX Owns Token
Elon Musk said that he personally owns Bitcoin, Ethereum and Dogecoin, while Tesla and SpaceX both exclusively own Bitcoin. Tesla CEO Elon Musk said his space exploration company also owns the digital token — and has no plans to sell it Elon Musk’s love affair with Bitcoin runs deeper than previously known. The billionaire head […]
Tesla Plans to Open Its Charging Network to Other EVs Later This Year
Tesla CEO Elon Musk has confirmed that the company is opening up its Supercharger network to other EVs later this year. According to Musk, Tesla has created its own connector, as there was no standard back then and Tesla was the only maker of long-range electric cars. “It’s one fairly slim connector for both low […]
Solarwatt Flexes Muscles in Home Energy Storage Fight With Shell, Tesla
FRANKFURT : Germany’s Solarwatt, backed by BMW’s billionaire shareholder Stefan Quandt, plans to launch a small module that lets homeowners link rooftop solar panels to power storage batteries and electric vehicles to cut costs. The wallbox allows home owners to control when and how much home-produced photovoltaics (PV) power they store, use to charge their […]
Tesla Boosts UK’s Electric Car Sales
San Francisco: Elon Musk-owned Tesla has delivered a lot of vehicles in the UK in June and that resulted in record electric vehicle sales in the market with an 11 per cent market share of the overall auto market. The UK has become a very important market for Tesla. In Q1 2021, Tesla delivered 7,304 […]
Tesla Expects to Procure Over USD 1 Billion of Battery Materials From Australia Every Year
At a recent event hosted by the Minerals Council of Australia, Robyn Denholm, chairperson of Tesla, said her company plans to spend more than USD 1 billion a year to procure raw materials from Australia. Tesla especially wants to tap into the country’s rich reserves of lithium and nickel. Presently, Tesla sources three-fourths of its […]
Chinese EV Battery Maker CATL Extends Deal With Tesla
BEIJING : Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025. Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, […]
Lifetime Carbon Emissions of Electric Vehicles Versus Gasoline Cars
Data generated by an Argonne National Laboratory model was analyzed in a media report to determine at what point a typical electric vehicle (EV) becomes cleaner than an equivalent gasoline car in terms of its lifetime carbon footprint. Based on a series of assumptions, the data showed that a Tesla Model 3 in the United […]
Biden’s EV Charging Push Could Boost Automakers Taking on Tesla
President Joe Biden’s plan to spend billions on U.S. charging networks could encourage more Americans to buy electric vehicles, giving General Motors (GM.N) and Ford Motor (F.N) much-needed fuel in the battle against Tesla Inc (TSLA.O). Biden’s administration on Thursday embraced a bipartisan Senate deal to spend $1.2 trillion on infrastructure projects, including $7.5 billion […]
New Energy Vehicle Sales to Grow Over 40% Per Year in China
NEV makers, such as Tesla Inc, Nio Inc, Xpeng Inc and BYD, are expanding manufacturing capacity in China, encouraged by the government’s promotion of greener vehicles to cut pollution. SHANGHAI: China’s new energy vehicle (NEV) sales are expected to grow more than 40% each year in the next five years, a senior official at the […]
