One of the most significant innovations Tesla introduced with Model Y was the replacement of about 70 parts with two enormous aluminum castings. Now the company says it has plans to take this idea a step further by developing a battery pack that forms part of the structure of the vehicle, linking the front and… Read more »
Search Results Found For: "Tesla"
AEM’s new control board increases Tesla Drive Unit’s power in EV conversions
AEM EV plans to release a comprehensive control system for EV conversions using a Tesla Large Drive Unit (LDU) Base Drive that increases horsepower over the factory output. AEM’s Inverter Control Board was co-developed with Cascadia Motion, a maker of EV propulsion systems, and is intended to be combined with AEM EV’s VCU200 vehicle control… Read more »
Overlooked gems in Tesla’s Q4 earnings call
Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »
Engineering director leaves Tesla for medical delivery service Zipline
As an Engineering Director at Tesla, Joe Mardall led the development of a heat pump system that has been lauded as one of the most innovative new features of Model Y. Now Mardall has resigned his position at the California carmaker to become Head of Engineering at Zipline, a drone maker and aerial delivery service… Read more »
Tesla’s Advanced Battery Research group gets new leadership, Jeff Dahn to become advisor for Novonix
Professor Jeff Dahn is a star researcher in the battery field—he has co-authored 730 papers and holds some 73 patents. Professor Dahn and his research group at Dalhousie University in Halifax, Nova Scotia have had an exclusive research partnership with Tesla since 2016. Now Professor Dahn is stepping down from his leadership role at Tesla’s… Read more »
Tesla caps a winning year with record production and delivery numbers
Tesla reached so many milestones in 2020 that it’s impossible to list them all: the first Model Y deliveries; the start of construction on the German Gigafactory; the announcement of Austin, Texas as the site of Cybertruck production; the wonders of Battery Day; Tesla’s coronation as the world’s most valuable automaker and its addition to… Read more »
Did poor Honda e sales spur the decision to buy EV credits from Tesla?
Emissions regulations in the EU are getting tighter, and the law provides for substantial fines for automakers that can’t comply—in some cases, as much as €2,375 per car sold. This is the reason that European EV sales have been soaring, and European automakers have a massive number of new electrified models in their pipelines (did… Read more »
Livent to invest in Nemaska Lithium, extends supply agreement with Tesla
Lithium supplier Livent has announced its participation in a consortium to acquire the business and certain assets of Nemaska Lithium, located in Québec. Livent will invest in the company via a joint venture with The Pallinghurst Group. Livent has also extended its multi-year lithium hydroxide supply agreement with Tesla through 2021, and has committed to… Read more »
Outsider joins the establishment: S&P 500 index welcomes Tesla
S&P Dow Jones Indices has announced that Tesla will be added to the benchmark S&P 500 index. “TSLA will be added to the S&P 500 effective prior to the open of trading on Monday, December 21, to coincide with the December quarterly rebalancing effective date,” the financial institution drily proclaimed. The California carmaker’s market cap… Read more »
Truck leasing firm orders 150 Tesla Semi electric trucks
Tesla is using the same reservation system for the Tesla Semi as it has used for its previous vehicles. By requiring a cash deposit with each pre-order, the company is able to bring in some cash before it even begins production. It’s a model that other automakers can only envy (and it does benefit customers… Read more »
