Everything’s big in Texas, especially Tesla’s Gigafactory and the giant Giga Press casting machines that will be used there to stamp body components for Model Y. Tesla put its first Giga Press into operation at the Fremont factory in 2020. Made by the Italian firm Idra, it has a clamping force of 55,000 to 61,000… Read more »
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Tesla applies for regulatory approval for Gigafactory Texas, production on track for end of this year
Tesla has applied to the Texas Department of Licensing and Regulation for regulatory approval for the first phase of Gigafactory Texas. The filed documents reveal Tesla’s planned completion date and budget. The next chapter in Tesla’s history will center on the company’s two new factories: Gigafactory Texas in Austin and Gigafactory Berlin in Germany. The… Read more »
Lithium hydroxide converter to be built near Tesla’s German Gigafactory
Rock Tech Lithium, a company with offices in Canada and Germany, is planning to build a production plant for battery-grade lithium hydroxide in Guben, Brandenburg. The company has acquired a 12-hectare site in the Guben South industrial park—which happens to be just a few miles away from Tesla’s new Berlin Gigafactory. Rock Tech intends to… Read more »
Why is Hertz deploying a huge fleet of Teslas? Hint: it has little to do with emissions.
Are rental car customers ready for EVs? We’re going to find out. Rental giant Hertz theoretically began introducing EVs to its fleet in 2011, and competitors soon followed. However, they were offered only in select markets, sometimes at super-premium prices. Meanwhile, Teslas became popular on the peer-to-peer rental network Turo. Now Florida-based Hertz, which rents… Read more »
A lesson in innovation: VW’s Herbert Diess invites Tesla’s Elon Musk to an internal conference
A few weeks ago, Volkswagen Group CEO Herbert Diess called 120 top-level executives to company HQ for a crisis meeting, at which he announced a series of measures to help his company catch up with Tesla. More recently, Diess went a step further, inviting Tesla CEO Elon Musk to address 200 Volkswagen executives via a… Read more »
Tesla announces ludicrous number of quarterly deliveries in China
We already knew things were hopping for Tesla in China. Tesla-watchers predicted that Chinese sales would prove to be a big part of the company’s all-time record deliveries in Q3,and Elon Musk confirmed it at the shareholders meeting, announcing that Gigafactory Shanghai had surpassed the Fremont factory in production volume. (We also suspected that the… Read more »
Tesla delivers 241,300 cars in Q3, sets new record
Things just get crazier and crazier at Tesla. Earlier this month, crazy CEO Elon Musk warned employees that this would be “the craziest month of deliveries Tesla will ever have,” and that prediction turned out to be…well…not crazy. Tesla’s direct-to-customer sales model necessarily results in a gonzo delivery push at the end of every quarter,… Read more »
Tesla says new recycling process recovers 92% of battery materials
Battery recycling will be a critical part of the future e-mobility ecosystem, as Tesla has understood from the beginning. The California carmaker has been working with various firms to recycle its end-of-life battery packs for several years. One of these is Tesla co-founder JB Straubel’s company, Redwood Materials, which is recycling scrap from Panasonic’s battery… Read more »
Tesla’s Impact Report details environmental footprint of its products
Nowadays, many companies offer an Environmental, Social and Governance (ESG) impact report, in addition to the traditional annual report. Consistent with its mission to accelerate the world’s transition to sustainable energy, Tesla has released a 2020 Impact Report that’s thorough and detailed, describing the company’s efforts to minimize its environmental footprint across every aspect of… Read more »
Tesla Q2 earnings report: record billion-dollar income, delays for Semi and Cybertruck
The headline figure of Tesla’s second-quarter 2021 earnings report was a blockbuster: $1.1 billion in GAAP net income, a new record for the company and an astounding success for a young automaker. The milestone was reached thanks to the soaring sales of Models 3 and Y—the former is now outselling many gas burners in several… Read more »