Tesla announced that it aims to start 4680 battery cell production at Gigafactory Texas this quarter and quickly ramp up to volume production by the end of the year.
Over the last few months, Tesla has been fairly quiet about the production of its new 4680 battery cell that enables its new structural battery pack design. This has been a concern for Tesla investors since the new battery…
Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up
July 21, 2022
Tesla is reporting that its fleet of customers driving with the Full Self-Driving (FSD) Beta has now surpassed 35 million miles driven, and the pace is ramping up.
FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation…
Tesla (TSLA) announces it sold most of its Bitcoin
July 21, 2022
Tesla (TSLA) announced today that it sold most of its Bitcoin, about 75%, during the last quarter. The automaker didn’t elaborate on the reason.
Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as…
US President Joe Biden today announced that his administration will pursue the development of offshore wind energy in the Gulf of Mexico, which is already a hub for oil and gas production.
Offshore wind in the Gulf of Mexico
Biden made the announcement at a former coal-fired power plant in Brayton Point, Massachusetts, that will host a cable manufacturing facility to support offshore wind.
The…
Innovation forward does not always come without sacrifice. According to a report earlier today, Ford Motor Company is planning to cut as many as 8,000 jobs, pertaining mostly to positions in the American automaker’s internal combustion division. The layoffs are said to…
Quick Charge Podcast: July 20, 2022
July 21, 2022
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
Aventon’s award-winning set a standard for upright cruiser ebikes with new…
Tesla has paused scheduling new solar roof installations in most markets in the US. It’s not clear what’s happening, but the deployment of the solar product is at a crawl and way behind Elon Musk’s goal.
When launching the solar roof, CEO Elon Musk presented it as a critical product to accelerate solar power deployment, as it opens up the market to people needing a new roof in the near…
MOKE International and its fun open-top electric mini-cars expanding ground in new $55M deal
July 21, 2022
In a deal purported to be worth US $55.1 million, EV Technology Group has agreed to purchase an additional 50% of MOKE International, which will boost its stake to 67.6% of the company. The deal is intended to rapidly expand MOKE International’s reach, producing and…
New Jersey recently surpassed 4 gigawatts (GW) of installed solar power, enough to provide electricity to over 500,000 households annually, according to the New Jersey Board of Public Utilities.
New Jersey, which has 3.27 million households and is in the top 10 states for…
US Postal Service more than doubles EV order yet again – but it’s still ordering mostly gas vehicles
July 21, 2022
The US Postal Service has clearly been reading Electrek and our disdain for its previous decisions not to implement more EVs across its upcoming fleet of mail delivery vehicles. In a recent pivot towards sustainability, the USPS has more than doubled its number of electric vehicles for a second time. However, even after its intention to buy “as many BEVs as are commercially available,” the new…
