Cleantech & EV'sNews

Tesla (TSLA) is most shorted stock, Elon Musk suspects Bill Gates still in it

Tesla (TSLA) is still the most shorted stock out of all the US large-caps, and Elon Musk suspects that Bill Gates still has a large position against the company. Shorts, people betting against the stock of a company, have long played a part in Tesla’s history on the stock market. Throughout the years, Tesla was often topping the list of the most shorted stocks on the NASDAQ. As the automaker…
Read more
Cleantech & EV'sNews

Production of electric mini-trucks begins in Texas

AYRO, an electric mini-truck maker based in Round Rock, Texas, has just announced the start of production at its local factory. The company’s first vehicle, known as the AYRO Vanish, is an electric utility truck with a modular design intended for a wide range of urban uses. The company has begun with low-rate initial production (LRIP), which is a limited manufacturing run intended to validate…
Read more
DefenseNews

US Air Force receives first new Compass Call electronic warfare plane

NATIONAL HARBOR, Md. — The U.S. Air Force has received its first EC-37B Compass Call electronic warfare aircraft from contractors BAE Systems and L3Harris Technolgies, industry officials announced Tuesday. BAE Systems said in a release that the Air Force will next start combined developmental and operational testing for this Compass Call, the first of 10 aircraft planned for the Air Force. The…
Read more
DefenseNews

Air Force creates task forces to pilot modern deployments

NATIONAL HARBOR, Md. — The Air Force in fiscal 2024 will experiment with further changes to how it deploys airmen, service leaders announced at the Air and Space Force Association’s annual Air, Space and Cyber Conference here this week. Air Force Secretary Frank Kendall…
Cleantech & EV'sNews

Hyundai is developing a Tesla-like Giga Press to boost EV production and cut costs

Hyundai is taking a page from Tesla as it plans to model a new EV production method after its Giga Casting. The new process,”hypercasting,” can significantly cut costs while boosting output. According to an exclusive report from the Korean newspaper Hankyung, Hyundai’s new EV production method is inspired by Tesla’s Giga Casting. The process involves injecting molten aluminum alloy into…
Read more