Facebook on Wednesday announced its fiscal 2021 second quarter results with $29 billion in revenue, representing a 56% year-over-year growth. With faster growth than Apple and Microsoft during the same period, it seems that Facebook hasn’t been affected by the privacy changes introduced with iOS 14.5 — at least for now.
More impressive than Facebook’s total revenue during Q2 FY2021 is the…
Google Drive ‘security update’ will change share links for some files this year [U: Email]
July 29, 2021
Google today announced a “Security update” for Drive to “make file sharing more secure.” This is part of a broader company-wide change that also affects YouTube and will impact the productivity app on September 13, 2021.
Update 7/28: Google this week started…
Everything we know about the Chevy Bolt EV fires
July 29, 2021
The Chevy Bolt EV has been recalled twice for the risk of battery fire after a dozen fires in a little more than a year. The first recall was in November, with a fix provided in May, which did not fully work. GM then recalled them again in July after another fire on July 1…
JB Straubel’s Redwood Materials raises $700 million to accelerate EV battery recycling business
July 29, 2021
Battery recycling is key to making electric vehicles sustainable, and Redwood Materials, a company founded by Tesla co-founder JB Straubel, is a leader in the space.
Today, the company announced a $700 million capital raise to accelerate its effort.
Redwood Materials is a Nevada-based company that is developing new processes to recycle materials with a focus on electric car batteries.
It was…
Quick Charge Podcast: July 28, 2021
July 29, 2021
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.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
A battle is emerging in the world of transportation – the electric vehicle (EV) vs. the internal combustion engine (ICE). Soon you’ll have to choose sides, so it’s vital that you’re fully informed.
We’re here to help with that decision by offering context to…
In today’s Electrek Green Energy Brief (EGEB):
In 2020, clean energy sources generated 21% of all US electricity.
A judge rules that the largest known lithium resource in the US can be excavated.
UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best…
Solar manufacturer Maxeon Solar Technologies, a spin-off from US-based SunPower Corporation that’s controlled by French energy giant TotalEnergies, is getting EU funds to manufacture its stick-on Maxeon Air solar panels.
EU money
Maxeon will use the money to…
Chinese EV manufacturer GAC Aion showcased its new charging technologies while claiming charge speeds closer to filling up a tank of gas than charging up an EV. With 3C and 6C versions showcased during its Technology Da,y GAC Aion’s upcoming Aion V EV could charge at…
Tesla (TSLA) trades sideways as market digest earnings beat but has questions about short-term growth
July 29, 2021
Tesla (TSLA) has been trading sideways despite beating expectations with its Q2 2021 earnings.
The market is digesting the results, but Tesla has created questions about its short-term growth due to supply chain issues.
On Monday, Tesla released its Q1 2021 results, and it beat Wall Street expectations on both revenue and earnings.
Yet, Tesla’s stock has been trading sideways since the…
