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Tesla showcases Gigafactory battery production line in action as it hits 20 GWh run rate

By Simon Alvarez Posted on August 2, 2018 Reddit Tweet Share Share <!– Share –> Email Comments As Tesla achieved its critical Model 3 production target during the final week of Q2 2018, Gigafactory 1 in Nevada also managed to hit its own milestone. During the second quarter, the facility’s battery production reached an annualized […]

SpaceX’s newest Falcon 9 booster arrives in FL as rocket fleet activity rapidly grows

By Eric Ralph Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments SpaceX’s fifth Falcon 9 Block 5 first stage was spotted a few dozen miles away from arriving at Cape Canaveral at the same time as a freshly launched and landed Block 5 booster was being transported from its drone […]

Famed hedge fund betting against Tesla reports massive loss to customers, Elon Musk trolls with gift offering

By Simon Alvarez Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments David Einhorn, a staunch Tesla critic and owner of Greenlight Capital fund, revealed on Tuesday that his bet against the electric car maker resulted in heavy losses for his firm during the first half of 2018. In Q2 […]

Tesla’s battery business expected to contribute to Panasonic’s profit starting October

By Simon Alvarez Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments Tesla’s exclusive battery supplier and partner Panasonic Corp announced on Tuesday that its fiscal first-quarter net profit saw an increase of 17.6% due to growth in its automotive-related business. Panasonic saw its net profits from April to June […]

Tesla offers Model 3 Performance buyers free unlimited Supercharging in latest referral program update

By Simon Alvarez Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments Tesla has updated the details for its latest Referral Program to include Model 3 Performance as a vehicle that’s eligible for incentives when purchased through a referral code. In addition, Tesla has extended free unlimited Supercharging to Model […]

Elon Musk delves into Tesla’s China Gigafactory funding and development plans

By Simon Alvarez Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments During Tesla’s Q2 2018 earnings call on Wednesday, CEO Elon Musk and Tesla’s executive team revealed details about the company’s plans for Gigafactory 3 in China. The overseas facility is a strategic move that will allow the California-based company to compete in […]

Tesla (TSLA) posts Q2 2018 financial results: $4B revenue, profitability in focus

By Christian Prenzler Posted on August 1, 2018 Reddit Tweet Share Share <!– Share –> Email Comments Tesla’s second-quarter earnings for 2018 saw the California-based carmaker beat Wall Street revenue estimates after posting $4B billion in revenue and missed earnings estimates with a non-GAAP loss of $520 million. The results, which were posted in an […]

Tesla Model 3 Performance 0-60 mph put to the test in latest acceleration run

By Simon Alvarez Posted on July 31, 2018 Reddit Tweet Share Share <!– Share –> Email Comments Tesla Model 3 Dual Motor Performance is marketed as an electric car that is quick, nimble, and capable of dominating track legends such as the BMW M3 and Porsche Boxster. With a 0-60 mph time of 3.5 seconds […]

Tesla Solar Roof owner discusses installation price, maintenance, and savings

By Simon Alvarez Posted on July 31, 2018 Reddit Tweet Share Share <!– Share –> Email Comments One of Tesla’s first residential Solar Roof customers has provided more details about his recently-installed solar and battery system. In a follow-up interview with E for Electric‘s Alex Guberman, Tri Huynh, the owner of the Solar Roof-equipped home, […]

Tesla partner Panasonic to boost Gigafactory battery production capacity by 30% to address Model 3 ramp

By Simon Alvarez Posted on July 31, 2018 Reddit Tweet Share Share <!– Share –> Email Comments Panasonic Corp, Tesla’s exclusive battery partner, is looking to increase its Gigafactory battery production capacity by 30% in order to address the increasing demands for battery cells due to the ongoing Model 3 ramp. The update from Panasonic […]