Tesla can itself take an active role in helping make bitcoin greener by investing in new projects aimed at boosting the use of renewable energy in mining, experts say. Elon Musk says Tesla Inc. won’t use or accept bitcoin until he can be sure it’s produced sustainably. He may be waiting some time. Musk announced […]
U.S. Solar Company GAF Energy Moving Production Back Home From Asia
A small U.S. solar company, GAF Energy, said on Tuesday it would move its manufacturing out of Asia to a new facility in Silicon Valley as it seeks to develop a next-generation technology to integrate solar panels with roof shingles. The company’s move represents the reverse of the years-long trend in the solar industry of […]
Why Does Bitcoin Consume ‘Insane’ Energy?
Obtaining bitcoin is an energy intensive endeavor, and the chart showed the evolution of its power usage, rising constantly from 2016 and accelerating sharply in 2020 on an annualized basis to hit its current level of 149 terawatt-hours (TWh), an all-time high. New York: Cryptocurrency fans have counted Tesla boss Elon Musk as among their […]
New Electric Vehicle Chargers Unveiled in Downtown Billings
Billings Mayor Bill Cole Joined community members and the parking division to announce the unveiling of six new electric vehicle charging stations, four of which are located at the Wells Fargo parking garage on Second Avenue. The other two charging stations are located on Billings hospital campuses. During the event Friday morning, Cole shed light […]
Electric Vehicles-and Driving With Instant Torque and Rapid Acceleration
The interest in electric vehicles or EVs is growing and one is often asked, “How different is the EV driving experience?” Well though there are some similarities, there are also several huge disparities. In this series of stories, we will highlight how driving an electric vehicle, is quite unlike a conventional car. One of the […]
Tesla Admits Elon Musk’s ‘Full Self-Driving’ Claim Not Feasible Yet
Despite tall claims made by Elon Musk over Twitter about the full self-driving technology, electric carmaker Tesla has privately admitted that such claims do not match up with the engineering reality Despite tall claims made by Elon Musk over Twitter about the full self-driving technology, electric car-maker Tesla has privately admitted that such claims do […]
Tesla Puts Brake on Shanghai Land Buy as U.S.-China Tensions Weigh: Sources
US electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by US-China tensions. With 25% tariffs on imported Chinese electric vehicles imposed on top of existing levies under former President Donald […]
Tesla Developing Data Platform for Car Owners in China
Tesla is making electric Model 3 sedans and Model Y sport-utility vehicles at its Shanghai factory. BEIJING: U.S. electric vehicle maker Tesla Inc said it was developing a data platform for car owners in China to access data generated by their vehicles. Tesla is making electric Model 3 sedans and Model Y sport-utility vehicles at […]
Volkswagen Beats Tesla to be Norway’s Best Selling E-car Brand in April 2021
Volkswagen ID.4 became the bestselling electric car in Norway and the third top selling model in the overall cars sales list. Norway is one of the countries with a high number of electric vehicle penetration. The country has registered 10,545 units of battery electric vehicles and plug-in hybrid vehicles in April, grabbing 80.1% market share. […]
Tesla aiming for ‘comparable margins in energy storage as in vehicles’
Tesla CEO Elon Musk has said that the company is already achieving “good margins” on the residential Powerwall product, but that “some additional work is needed” for its utility-scale Megapack to do so. In reporting its first quarter financial results for 2021, the company noted that its energy storage installations stood at 445MWh for the […]
