Tesla will build its new Gigafactory near Austin, Texas, Chief Executive Elon Musk announced during the company’s earnings call on Wednesday. The area occupies approximately 2,000 acres and will be approximately 15 minutes from downtown Austin, Musk said. He said the factory will be an “ecological paradise” and that it …
Read More »
FRANKFURT / BEIJING / DETROIT (Reuters) – Tesla Inc’s (TSLA.O) The rapid rise to become the world’s most valuable automaker could usher in a new era for the global auto industry, defined by a Silicon Valley approach to software that is surpassing old-school manufacturing insights. . FILE PHOTO: Tesla Inc …
Read More »
We are witnessing the evolution of two industries in a veteran sector: Tesla (TSLA) – Get report It leads the electric vehicle trend as many traditional automaker stocks struggle. Despite the recent volatility in the group, Tesla, Nio (NIO) – Get report and Nikola (NKLA) – Get report It will …
Read More »
Ford introduced the all-electric Mustang Mach-E 1400, a one-of-a-kind prototype, to demonstrate the performance possibilities of all-electric vehicles. Ford Ford Motor has developed a racing version of its upcoming 1,400-horsepower Mustang Mach-E all-electric crossover with a top speed that’s not legal on the street. The company plans to use the …
Read More »
NEW YORK / SEOUL (Reuters) – Convinced of Tesla Inc (TSLA.O) Imminent meteoric rise, Orestis Palampougioukis, a Netherlands-based software developer, took out a loan of 43,000 euros ($ 49,000) in early October to invest it all in the electric car maker, which at the time was trading at around $ …
Read More »