VW To Use Giga Casting and Automation To Compete With Tesla

Volkswagen has been careful not to reveal too much about its Project Trinty, though it has definitely been clear about the major strides it will need to make to be able to become the global leader in the EV industry. It's now becoming more clear that those plans may include Tesla-like manufacturing processes, including potential mega-casting and ramped-up automation.Prior to the recent news reported by Reuters and Teslarati, VW had already shared that it's planning a multitude of upcoming electric cars and SUVs, with the focal point of its tran...[More]

VW To Use Giga Casting and Automation To Compete With Tesla

Volkswagen has been careful not to reveal too much about its Project Trinty, though it has definitely been clear about the major strides it will need to make to be able to become the global leader in the EV industry. It's now becoming more clear that those plans may include Tesla-like manufacturing processes, including potential mega-casting and ramped-up automation.Prior to the recent news reported by Reuters and Teslarati, VW had already shared that it's planning a multitude of upcoming electric cars and SUVs, with the focal point of its tran...[More]

Tesla Giga Berlin Produces 1 Model Y Every 150 Seconds

A video, released yesterday, shows that Tesla Giga Berlin is producing Model Y electric vehicles every 150 seconds. This translates into 1000 vehicles a week at Giga Berlin.On the site for the Tesla Gigafactory in Grünheide near Berlin, construction is now being carried out twice: In several places there, workers were still building roads or completing the square battery building on Wednesday. At the same time, however, Model Y was produced in the long main building of the Gigafactory, as can be seen from a drone video. Observer @tobilindh tim...[More]

Tesla Giga Berlin Produces 1 Model Y Every 150 Seconds

A video, released yesterday, shows that Tesla Giga Berlin is producing Model Y electric vehicles every 150 seconds. This translates into 1000 vehicles a week at Giga Berlin.On the site for the Tesla Gigafactory in Grünheide near Berlin, construction is now being carried out twice: In several places there, workers were still building roads or completing the square battery building on Wednesday. At the same time, however, Model Y was produced in the long main building of the Gigafactory, as can be seen from a drone video. Observer @tobilindh tim...[More]

Tesla Stands Alone In Growth Over Major Automakers

Among the major automotive manufacturers, Tesla is the only one to realize a year-over-year growth in vehicle deliveries from March 2021 to February 2022, seeing a near doubling in sales. Other companies struggled to maintain level sales this year compared to last, with the only company seeing a less than 10 percent decline being Kia.Tesla delivered 23050 vehicles in March 2021, according to data from TrueCar. The electric automaker saw a 93.2 percent growth in February 2022 compared to last March, delivering 42,742 vehicles last month. Tesla w...[More]

Tesla Stands Alone In Growth Over Major Automakers

Among the major automotive manufacturers, Tesla is the only one to realize a year-over-year growth in vehicle deliveries from March 2021 to February 2022, seeing a near doubling in sales. Other companies struggled to maintain level sales this year compared to last, with the only company seeing a less than 10 percent decline being Kia.Tesla delivered 23050 vehicles in March 2021, according to data from TrueCar. The electric automaker saw a 93.2 percent growth in February 2022 compared to last March, delivering 42,742 vehicles last month. Tesla w...[More]

Tesla Valuation Should Not Be Benchmarked Against Traditional Automakers

Tesla’s valuation should not be benchmarked against traditional automakers, as it could be misleading, top analyst Gene Munster said.Using traditional auto as a benchmark for how to value Tesla is misleading, Munster, an analyst for Loup Ventures, said on CNBC. Not misleading in the sense of trying to steer people in the wrong direction. I think it is just the wrong lens.Indeed, Tesla could be looked at as a technology company more than an actual automotive company, even when talking about its cars. As Munster said later in the intervie...[More]

Tesla Valuation Should Not Be Benchmarked Against Traditional Automakers

Tesla’s valuation should not be benchmarked against traditional automakers, as it could be misleading, top analyst Gene Munster said.Using traditional auto as a benchmark for how to value Tesla is misleading, Munster, an analyst for Loup Ventures, said on CNBC. Not misleading in the sense of trying to steer people in the wrong direction. I think it is just the wrong lens.Indeed, Tesla could be looked at as a technology company more than an actual automotive company, even when talking about its cars. As Munster said later in the intervie...[More]

Tesla Strikes Nickel Supply Deal with Vale

Over the past years, Tesla has been trying to establish a supply of nickel, which is an important element in batteries and has been successful in this. Sources said the producer has struck another nickel supply deal, this time with mining giant Vale SA, which has not been announced.As a leader in electric vehicles, Tesla is well aware of the value of nickel. At Battery Day 2020, when the company unveiled its own 4680 battery cell, Tesla CEO Elon Musk urged mining companies to step up the development of nickel mines. He promised big contracts to...[More]

Tesla Strikes Nickel Supply Deal with Vale

Over the past years, Tesla has been trying to establish a supply of nickel, which is an important element in batteries and has been successful in this. Sources said the producer has struck another nickel supply deal, this time with mining giant Vale SA, which has not been announced.As a leader in electric vehicles, Tesla is well aware of the value of nickel. At Battery Day 2020, when the company unveiled its own 4680 battery cell, Tesla CEO Elon Musk urged mining companies to step up the development of nickel mines. He promised big contracts to...[More]

Teslas Amazing 70 percent Growth Rate

Elon Musk was shown in a recent video with the opening of Giga Berlin as he was letting the audience answer questions and Elon Musk was answering them. This is very rare for a CEO of a trillion dollar company to do. It's the behavior of something who has nothing to hide. This information was better than an earnings call.People who follow the EV industry asked questions. It would be cool to ask about Tesla producing their own LFP batteries, but nobody asked about it. Something Elon Musk said was very profound: the rough calculation was that it w...[More]

Teslas Amazing 70 percent Growth Rate

Elon Musk was shown in a recent video with the opening of Giga Berlin as he was letting the audience answer questions and Elon Musk was answering them. This is very rare for a CEO of a trillion dollar company to do. It's the behavior of something who has nothing to hide. This information was better than an earnings call.People who follow the EV industry asked questions. It would be cool to ask about Tesla producing their own LFP batteries, but nobody asked about it. Something Elon Musk said was very profound: the rough calculation was that it w...[More]

Eye Opening Interview With Elon Musk

These are highlights from a new Elon Musk interview which spans a range of topics, including if we might be able to upload our mind, including personality and memories one day into the Tesla Bot, plus an estimate of the first Tesla Bot prototype, Neuralink, human longevity, and Elon Musk's biggest goals and fears. I will paraphrase Elon Musk's answers, but you can find the full run down of the interview here.Elon Musk was asked about Putin's invasion of Ukraine.It's surprising to see something like this in this day and age. I thought we'd moved...[More]

Eye Opening Interview With Elon Musk

These are highlights from a new Elon Musk interview which spans a range of topics, including if we might be able to upload our mind, including personality and memories one day into the Tesla Bot, plus an estimate of the first Tesla Bot prototype, Neuralink, human longevity, and Elon Musk's biggest goals and fears. I will paraphrase Elon Musk's answers, but you can find the full run down of the interview here.Elon Musk was asked about Putin's invasion of Ukraine.It's surprising to see something like this in this day and age. I thought we'd moved...[More]

Tesla Stock Split Plans Indicate Massive Position Of Strength

Tesla’s second stock split in as many years and its manufacturing capacity, which has already grown considerably with new factory openings in 2022, indicate a massive position of strength for the electric automaker, according to Wedbush analyst Dan Ives. Ives, who has held a bullish position on Tesla for years, sees parallels in Tesla’s move for another stock split with Amazon, Google, and Apple’s strategies.Tesla right now is in a massive position of strength in terms of where they’re heading from a manufacturing perspective, in ter...[More]

Tesla Stock Split Plans Indicate Massive Position Of Strength

Tesla’s second stock split in as many years and its manufacturing capacity, which has already grown considerably with new factory openings in 2022, indicate a massive position of strength for the electric automaker, according to Wedbush analyst Dan Ives. Ives, who has held a bullish position on Tesla for years, sees parallels in Tesla’s move for another stock split with Amazon, Google, and Apple’s strategies.Tesla right now is in a massive position of strength in terms of where they’re heading from a manufacturing perspective, in ter...[More]

Tesla Wins. Fines Increase For Automakers That Do Not Meet Fuel Economy Rules

A recent article published by Reuters points out the U.S. National Highway Traffic Safety Administration is issuing more stringent fines for automakers that aren't meeting fuel economy mandates. While the new rules may cost many automakers a pretty penny, Tesla stands to benefit in a big way.The fines were already supposed to be doubled based on Corporate Average Fuel Economy requirements. However, the Trump administration delayed the previously agreed-upon regulations. Automakers pushed back against the proposed fines in 2016, arguing they wou...[More]

Tesla Wins. Fines Increase For Automakers That Do Not Meet Fuel Economy Rules

A recent article published by Reuters points out the U.S. National Highway Traffic Safety Administration is issuing more stringent fines for automakers that aren't meeting fuel economy mandates. While the new rules may cost many automakers a pretty penny, Tesla stands to benefit in a big way.The fines were already supposed to be doubled based on Corporate Average Fuel Economy requirements. However, the Trump administration delayed the previously agreed-upon regulations. Automakers pushed back against the proposed fines in 2016, arguing they wou...[More]

Tesla Sends Out Invitations For Cyber Rodeo At Giga Texas

With less than two weeks to go Tesla has started sending out invitations for the grand opening party at Giga Texas.According to a copy of the email received on Friday night by Canadian and current California resident James Locke (@arctechinc), the event will be called ‘Cyber Rodeo Giga Texas’ and as expected, be held on April 7, 2022.The email doesn’t provide any details, except some fine print at the bottom that says all invitees will be able to bring one guest, and that more details will be released next week.Thanks to an event permit a...[More]

Tesla Sends Out Invitations For Cyber Rodeo At Giga Texas

With less than two weeks to go Tesla has started sending out invitations for the grand opening party at Giga Texas.According to a copy of the email received on Friday night by Canadian and current California resident James Locke (@arctechinc), the event will be called ‘Cyber Rodeo Giga Texas’ and as expected, be held on April 7, 2022.The email doesn’t provide any details, except some fine print at the bottom that says all invitees will be able to bring one guest, and that more details will be released next week.Thanks to an event permit a...[More]