Tesla has restarted the rollout of its Full Self-Driving Beta 10.3 update after a false start with a lot of bugs had them revert to the previous version.
Tesla FSD Beta 10.3 was supposed to come Friday, but the automaker’s internal QA found a problem with “left turns at traffic lights.”
The company has warned that the process of developing its self-driving technology is a “two step…
Tesla (TSLA) surges to new all-time high on huge rental order and new $1,200 price target
October 26, 2021
Tesla’s stock (TSLA) is reaching new all-time highs today on a huge rental order of 100,000 cars and a new $1,200 target price from Morgan Stanley.
The stock was already flirting with a new all-time high last week after the automaker delivered some record financial…
The Tesla Model 3 has become the first all-electric car to become the best-selling vehicle in Europe.
However, that’s on a monthly basis and Tesla’s deliveries vary widely on a monthly basis.
Last quarter, Tesla delivered a record number of vehicles – getting close…
The US is getting its first offshore wind blade factory
October 26, 2021
Spain-headquartered renewables giant Siemens Gamesa announced today that it will build a new offshore wind turbine blade factory in Virginia. The $200 million factory will be the first of its kind in the US.
The US’ first offshore wind blade factory
Siemens Gamesa will develop an 80-acre (32-hectare) site at the Portsmouth Marine Terminal in Portsmouth, Virginia, which will ultimately become…
XPeng 1024 Tech Day recap: New ADAS, 800V fast charging, robo-pets, and a 2024 flying car
October 26, 2021
As part of its 1024 Tech Day in China, XPeng has unveiled upgrades to its current EV technology as well as new electric mobility products. This includes an XPILOT 4.0 ADAS system, high-voltage “X-Power” superchargers, and a pony-style smart robot. Last but not least…
Tesla (TSLA) reaches $1 trillion valuation
October 26, 2021
Tesla (TSLA) has officially reached a public market valuation of $1 trillion after adding over $100 billion to its market capitalization today alone.
As we reported earlier today, Tesla is seeing a series of good catalysts:
Hertz orders 100,000 Teslas, the single-largest…
Tesla opens new R&D center in China with all engineering under one roof, teases humanoid robot
October 26, 2021
Tesla announced the opening of its new research and development center in Shanghai.
The new facility will help the American automaker to tap into local Chinese engineering talent beyond just manufacturing.
Gigafactory Shanghai has been an incredible success for Tesla and quickly became the company’s largest factory by production volume.
Through building the factory and ramping up production…
US-made Watt Wagons Helios e-bike unveiled: high quality, high performance, high price
October 26, 2021
Watt Wagons is the Boston-based electric bicycle company behind some of the most highly specced electric bikes in the country. Now the company is unveiling its latest flagship commuter e-bike, the Watt Wagon Helios.
While many US-based electric bicycle companies are…
Panasonic has today unveiled its new 4680 battery cell built for Tesla and it plans to start “test production” early next year.
Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry.
The automaker claims…
Hertz orders 100,000 Teslas, the single-largest EV purchase ever, with Tom Brady campaign
October 26, 2021
Hertz Global Holdings Inc has placed an order for a whopping 100,000 Teslas in a huge first step toward electrifying its rental-car fleet and in the process mainstreaming EVs.
Bloomberg reported the news a few minutes ahead of the press release, with sources who asked not to be identified, and said that it represents around $4.2 billion of revenue for Tesla. It will be the single-largest…
