General Motors (GM) has reportedly acquired Tooling & Equipment International (TEI), a key supplier in Tesla’s gigacasting endeavors. The deal is estimated to be between $80 million to $100 million, according to a report from […]
Tesla Megapack is powering a solar project in Riverside County, California. The 250 MW/1 GWh battery energy storage facility is located adjacent to the farm, supplying electricity to 207,000 homes per year. Intersect Power said […]
Elon Musk has taken to X to deny a report suggesting that SpaceX is actively considering an initial public offering (IPO) for its Starlink business as early as next year. The report came from Bloomberg, […]
Polestar has announced it has officially started production of the Polestar 4. The company has confirmed that the first customer deliveries in China are expected before the end of 2023, and scheduled for an official […]
Rivian has secured final approval for its second US manufacturing plant. The company plans to borrow up to $15 billion through the issuance of taxable bonds through the Joint Development Authority of Jasper, Morgan, Newton […]
Lucid may only have one vehicle in their lineup, the luxury Air electric sedan, but included in the company’s product roadmap is an electric pickup truck. According to the last update from Lucid it not […]
Tesla continues to advance plans to enter the Indian market. Reports show that the country has stepped up its efforts to speed up the manufacturer’s welcome and its Commerce Minister is due to meet with […]
Tesla’s unique Supercharger site in Hollywood is starting to take shape. The location will include a diner and drive-in movie theater, a fun and clever idea for passing time while charging. Elon Musk’s dream of […]
Space Systems Command (SSC) has announced the assignment of 21 launch service missions for the FY24 National Security Space Launch (NSSL) Phase 2 Launch Service Procurement contract, 10 of which will be going to SpaceX. […]
Elon Musk is taking part in the Artificial Intelligence (AI) Summit in the UK. According to him, the purpose of the discussion is to establish a third-party referee that could oversee companies developing artificial intelligence […]
