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Tesla receives $565 million loan for Giga Shanghai operations
Tesla on Friday announced via a regulatory filing the automaker has secured a $565 million loan for its Giga Shanghai factory. According to the filing, the funds will be provided by Industrial and Commercial Bank […]
Tesla’s Fremont factory forced to shutdown again, prompting Musk to threaten to leave California
It appears Tesla CEO Elon Musk’s frustration with California grew to a boiling point early Saturday, with Musk threatening to leave California over the prolonged shutdown of Tesla’s Fremont factory. Musk had hoped to open […]
Elon Musk plans to re-open Tesla’s Fremont factory on Friday afternoon at reduced capacity
Earlier this week we told you about California governor Gavin Newsom announcing the re-opening of parts of the economy in the state on May 8. One of those was the industrial/manufacturing sector, meaning the potential […]
Tesla patents new battery cell technology that shows Tesla engineers are really smart
Legacy automakers are playing catch-up to Tesla’s big lead when it comes to battery cells and battery pack technology. According to Tesla’s Q1 2020 earnings report, the current mileage gap between Tesla’s flagship Model S […]
Tesla’s Giga Shanghai shut down for routine maintenance, not because of rumoured parts shortage
China just had their Labor Day long weekend holiday from May 1-5, where Tesla saw a huge increase in demand and was reportedly receiving over 1,000 Model 3 orders per day. It was also during […]
Volvo set to release XC90 with built-in lidar hardware for self-driving
Despite Tesla CEO Elon Musk‘s strong stance last year that lidar is “a fool’s errand”, “expensive” and “unnecessary”, Volvo is preparing to release vehicles that that will be equipped with lidar hardware for self-driving. Set […]