Cleantech & EV’s

In an auto manufacturing first, Tesla has started building Model Y bodies with two giant single casting pieces for the front and back of the electric SUV. Tesla has been preparing to start production of the Model Y at two new factories, Gigafactory Berlin and Gigafactory Texas. CEO Elon Musk has been hyping the new Model Y to be built at those factories as “a revolution in auto body…

Tesla has been ordered by the court to pay $137 million to an ex-contract worker at its Fremont factory in a racial abuse lawsuit. Following the verdict, Tesla released a blog post defending itself – something the automaker rarely does since it dissolved its press relations team. The plaintiff in the case is Owen Diaz, who worked at Fremont factory from June 2015 to May 2016 as a contract…

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Tesla (TSLA) was once the most shorted stock in the NASDAQ as people were heavily betting against the electric automaker, but now it looks like most of them have given up as the short interest on Tesla hits an all-time low. CEO Elon Musk has often warned people not to bet against Tesla on the stock market. He went as far as predicting a “‘next level short burn of the century,” and it sort…