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US Department of Energy to loan $2.5 billion to Ultium Cells
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]

Redwood Materials plans $3.5 billion Nevada plant
Redwood Materials, a company founded by Tesla co-founder, is making a big bet on EV batteries. The company plans to set up a $3.5 billion factory in northwest Nevada, where it will produce battery materials, […]

Cruise starts to map Dubai streets ahead of launch
After officially launching its commercial driverless operations in San Francisco, Cruise is now looking at its next expansion. According to Dubai’s Roads and Transport Authority, Cruise has sent two of its autonomous Chevrolet Bolt EVs […]

Tesla received a SEC subpoena on June 13
The Securities and Exchange Commission (SEC) continues to ensure that Tesla is keeping to their agreement to oversee Elon Musk’s tweeting. As per reporting by Bloomberg, Tesla received a subpoena from the SEC on June […]

Latest funds Tesla applies for require Superchargers to be open
Tesla wants to expand its Supercharger network and is applying for public grants, as the Wall Street Journal reports. To the delight of non-Tesla owners, one of the requirements is that the Superchargers should not be exclusive […]

Tesla is boosting their capital spending plan over the next three years
Tesla is boosting its expenditure plan by billions of dollars over the short and medium-term. According to Bloomberg, the revised plan was revealed in a regulatory filing to the Securities and Exchange Commission earlier today. […]