The world’s biggest lithium-ion battery is about to get even bigger, with Tesla Inc. set to beef up capacity at the Hornsdale site in South Australia. The system will be expanded by 50% to 150 megawatts, according to an announcement from Neoen SA, the French company that operates the site. The storage site has already […]
Musk says Tesla to build new factory near Berlin
Musk said during an award ceremony in the German capital Tuesday evening that “we’ve decided to put the Tesla Giga factory Europe in the Berlin area” BERLIN: Tesla CEO Elon Musk says the electric car pioneer plans to build a new factory near Berlin. Musk said during an award ceremony in the German capital Tuesday […]
Tesla Releases Pictures of its ‘Made-in-China Model 3’ Sedan: Tech Report
Tesla has been expected to focus on Model 3 production at its Shanghai automotive factory, where it mulls producing as many as 3,000 vehicles per week next year. Electric Vehicle (EV) maker Tesla has released some pictures of its ‘Made-in-China Model 3’ sedan and it is expected to be launched on November 11. Tesla has […]
Walmart reaches settlement with Tesla over solar panel fires, drops lawsuit
Walmart : has dropped a lawsuit that accused Tesla of breach of contract and gross negligence after rooftop solar panel systems on seven of the retailer’s stores allegedly caught fire. A settlement has been reached and stipulation of dismissal has been filed with the court, a Walmart spokesperson said in an email. It is unclear […]
Tesla Reaches Preliminary Battery-Supply Deal With CATL
China partnership could lead to broader global cooperation After long reliance on Panasonic, Tesla broadening sourcing Tesla Inc. has reached a preliminary agreement to start using CATL as a battery supplier for cars made in China from as early as next year, and the companies are in talks to expand the relationship globally, according to […]
Battery tech startup Sila Nano lands $45 million and Tesla veteran Kurt Kelty
Sila Technologies, the battery materials company that has partnered with BMW and Daimler, landed $45 million in new funding and hired two high-profile executives, including Kurt Kelty, who led the battery cell team at Tesla for more than a decade. Kelty, who was on Sila Nano’s advisory board, has been appointed vice president of automotive, […]
Tesla Accelerates Building of Battery Factory in Shanghai
In recent weeks, Tesla has accelerated the pace for the second-stage building of its Gigafactory 3 in Shanghai, which is meant for the production of the Model 3, according to electrek. In the past one month, Tesla has been carrying out the construction works around the main building of the factory; the construction work is […]
Tesla logs profitable quarter, Musk bullish on energy
San Francisco : Elon Musk-run Tesla has surprised Wall Street by registering a profitable third quarter with a total revenue of $6.3 billion riding on sales of its Model S, Model X and Model 3 electric cars. In the third quarter, automotive revenues were $5.35 billion. Tesla said it expected to deliver between 360,000 and […]
Tesla shares soar 21% as surprise profit answers sceptics
Tesla Inc (TSLA.O) on Wednesday surprised investors with a quarterly profit that sent its shares soaring, as Chief Executive Elon Musk promised a 2020 rollout of a cheaper SUV and more self-driving technology to stay ahead of larger rivals rushing into the premium electric vehicle market he created. Shares rose nearly 21% to $307.12 after […]
Can Solar and Batteries Outlast an Extended Power Outage?
It depends, experts say. Just expect to make a few sacrifices. Even by the standards of the generally well-informed clean-energy customers in California’s Bay Area, Todd Karin is a savvy one. Karin works as a postdoctoral researcher in the energy storage and distributed resources division at Lawrence Berkeley National Laboratory. Last year, he chose to […]