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SpaceX breaks even on Starlink antenna production costs
SpaceX is now breaking even and no longer subsidizing the cost of producing its Starlink antennas used by consumers for the satellite internet service. When SpaceX first entered the Starlink market, the company said that […]
Tesla (TSLA) remains top pick for short sellers
Tesla (TSLA) has once again claimed the title of being the most shorted large-cap US stock for the third consecutive month in August. Despite the surge in the automakers stock price over the last few […]
Tesla announces Powerwall 3 specs and availability
Tesla has officially launched the Powerwall 3 (PW3), the latest generation of their home battery energy storage solution in an update to the company’s website on Tuesday night, including the unit’s specs and availability. Earlier […]
Vancouver city council approves changes to boost EV charging infrastructure
Vancouver city council has approved amendments to a policy aimed at expanding electric vehicle (EV) charging infrastructure within the city. These changes to the License By-Law aim to incentivize the installation of EV charging stations […]
Canada’s $28B investment in VW and Stellantis EV battery plants will take four times longer than government estimates to recoup, parliamentary report reveals
Canada and Ontario earlier this year pledged up to C$28.2 billion (US$20.8 billion) to lure automakers Stellantis and Volkswagen to establish electric vehicle (EV) battery plants. The investments were made as part of Prime Minister […]
Tesla and suppliers could invest up to $15 billion into Gigafactory Mexico, says governor
Tesla and its suppliers are set to inject up to $15 billion over the next two years into the construction of the upcoming Gigafactory in Nuevo Leon, Mexico. This announcement, made by Nuevo Leon Governor […]