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Tesla Signs $557 Million Deal to Build First Grid-Scale Megapack Energy Storage Station in Shanghai

Tesla has officially signed a Â¥4 billion (C$764/US$557 million) deal to build its first grid-scale battery energy storage station in China, leveraging its Megapack technology. The agreement, reported by Chinese financial media outlet Yicai on […]

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Tesla Model Y was Europe’s best selling car for the second straight month in December, Model 3 second

The Tesla Model Y has been confirmed as the top seller in Europe for two consecutive months. Last December, the electric SUV moved 31,562 units, as Automotive News reports using data from market researcher Dataforce. The figure for the […]

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EchoStar Sells More Specturm to SpaceX in $2.6B Stock Deal, Accelerating Next-Gen Starlink Direct-to-Cell

SpaceX has expanded its already massive spectrum haul from EchoStar, announcing a new amended agreement that will see the company acquire EchoStar’s entire portfolio of unpaired AWS-3 licenses for roughly $2.6 billion in SpaceX stock, […]

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