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VinFast nears Nasdaq debut with $23 billion valuation after merger with Black Spade Acquisition Co.
Vietnamese automaker VinFast is gearing up to go public and trade on the Nasdaq stock exchange after a merger with the special-purpose acquisition company (SPAC) Black Spade Acquisition Co. With the merger, VinFast’s valuation has […]
Saint John Energy to add Tesla Megapacks at Burchill Wind Farm
Saint John Energy is embarking on a second battery energy storage project with Tesla Megapacks, this time at a new wind farm project near the city of Saint John. The Megapacks will be installed at […]
Tesla brings back white interior option for Model Y in Canada, but only in existing inventory for now
Tesla has started reintroducing the white interior option for the Model Y in Canada. The option is so far only available on Model Y vehicles in existing inventory, but this is a good sign that […]
Tesla licenses Volex to manufacture NACS connectors
Tesla has licensed Volex, an electronic connector manufacturing company from the United Kingdom (UK), to manufacture North American Charging Standard (NACS) connectors. Last year Tesla opened up the design of their charge port to anyone […]
Tesla hires former Bosch factory executive as construction appears ready to begin at Giga Mexico
Tesla has hired an experienced expert to lead operations tied to the company’s Gigafactories, bringing on board Dr. Michael Schmitt from Bosch last month. At the same time, Tesla could be days away from breaking […]
Traditional automakers skeptical of Tesla’s direct-to-consumer model despite its success: Survey
Tesla challenged the status quo by implementing a direct-to-consumer (DTC) sales model. While some traditional automakers have hinted at embracing the same model after seeing Tesla’s success, executives at these companies are still skeptical. Traditional […]