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Electric vehicle giant, Tesla (NASDAQ: TSLA) announced Thursday that company plans to increase the pay for its workers at its facility in Germany, where unions have said they earn below the industry average.
The company plans to disclose the exact details of the pay raise... More
According to a report from Cox Automotive released on Thursday, 3Q saw a notable surge in electric vehicle sales, surpassing 300,000 units in the United States. However, Tesla (NASDAQ: TSLA), the dominant player in the industry, experienced a drop in its market share to its lowest point on record.
Tesla's market dominance has shrunk to 50%, down from the 62% the company commanded in the 1Q.
This shift occurred despite... More
Tesla (NASDAQ: TSLA) has refrained from spending money on advertising in the past and has only recently indicated plans to test the ad waters earlier this year. However, since the announcement of the automakers intent to promote its cars, several of the company's advertising campaigns have started to appear in... More
Electric vehicle giant, Tesla (NASDAQ: TSLA) announced on "X", formerly Twitter, Wednesday that the automaker has reached a new 4680 battery cell production milestone as it built its 20 millionth cell at Gigafactory Texas.
In only four months, Tesla managed to double its overall count of... More
Idra, a manufacturer of aluminum casting machines in Italy and a supplier to Tesla (NASDAQ: TSLA), has expanded its customer roster to include Ford (NYSE: F), Hyundai, and a European company, reflecting the growing interest among automakers in... More
Tesla (NASDAQ: TSLA) on Tuesday firmly denied allegations made by a German union and recent media reports suggesting inadequate health and safety measures at its gigafactory near Berlin.
The company emphasized that safeguarding the well-being of its workers remains a... More
Over the past 30 years, the world has witnessed significant progress in battery technology. Battery energy density has surged from 50Wh/kg to 350Wh/kg, marking an increase of 10Wh/kg per year.
This trajectory suggests that we are on the verge of a groundbreaking shift, with the potential to soon double current energy density levels to 700-800Wh/kg.
The most prominent hurdle facing battery progress is a lithium supply shortage, aggravated by a fivefold increase in demand projected by 2030. To counter this challenge, researchers are exploring alternative technologies, such as sodium-ion (Na-ion) batteries. While these... More
