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Tesla on Track to Make 8,000 Model 3s Per Week, Says Analyst Who Visited Plant

It’s been a wild ride for Tesla Inc. recently, but production of the Model 3 sedan — a previous point of concern — is going swimmingly.

Output of the more mass-market vehicle, a key plank in Chief Executive Officer Elon Musk’s plan to become profitable, is on track and an 8,000 a week production rate is “well within reach,” despite extra spending demands, Evercore ISI an More

It’s been a wild ride for Tesla Inc. recently, but production of the Model 3 sedan — a previous point of concern — is going swimmingly.

Output of the more mass-market vehicle, a key plank in Chief Executive Officer Elon Musk’s plan to become profitable, is on track and an 8,000 a week production rate is “well within reach,” despite extra spending demands, Evercore ISI an More

[…]

Waymo expands its partnership

The long-term plan is to launch similar services in other cities as well. “Our goal is to focus on four areas: creating a ride-hailing service, developing self-driving trucks for logistics, licensing with OEMs for personally owned vehicles, and connecting people to public transportation,” Waymo said in its post.

Waymo’s partnership with Valley Metro helps it begin to deliv More

The long-term plan is to launch similar services in other cities as well. “Our goal is to focus on four areas: creating a ride-hailing service, developing self-driving trucks for logistics, licensing with OEMs for personally owned vehicles, and connecting people to public transportation,” Waymo said in its post.

Waymo’s partnership with Valley Metro helps it begin to deliv More

[…]

Scientists create battery that refuels electric cars in…

BBC News Scottish scientists have developed a liquid battery which could charge electric cars in seconds. A team at the University of Glasgow has created a prototype system that could revolutionise travel. The technology uses a metal oxide – described by researchers …… More

BBC News Scottish scientists have developed a liquid battery which could charge electric cars in seconds. A team at the University of Glasgow has created a prototype system that could revolutionise travel. The technology uses a metal oxide – described by researchers …… More

Tesla wins another big Powerwall contract

Tesla’s 100MW/129MWh Powerpack project in South Australia provide the same grid services as peaker plants, but cheaper, quicker, and with zero-emissions, through its battery system.

It is so efficient that it reportedly should have made around $1 million in just a few days in January, but Tesla later complained that they are not being paid correctly because the system doesn’t account fo More

Tesla’s 100MW/129MWh Powerpack project in South Australia provide the same grid services as peaker plants, but cheaper, quicker, and with zero-emissions, through its battery system.

It is so efficient that it reportedly should have made around $1 million in just a few days in January, but Tesla later complained that they are not being paid correctly because the system doesn’t account fo More

[…]

$35,000 model 3 comes with new battery module

There’s an overlooked comment that Musk made during the investor conference call earlier this month that is important for Tesla to be able to produce a cheaper Model 3.

The CEO said that Tesla came up with a new battery module design that will be less expensive:

“We came up with a new design that achieves the same outcome, that’s actually lighter, better, cheaper and we will be More

There’s an overlooked comment that Musk made during the investor conference call earlier this month that is important for Tesla to be able to produce a cheaper Model 3.

The CEO said that Tesla came up with a new battery module design that will be less expensive:

“We came up with a new design that achieves the same outcome, that’s actually lighter, better, cheaper and we will be More

[…]

Elon Musk says he’s working with Goldman, Silver Lake to take Tesla private

Elon Musk teased more details about his plan to take Tesla Inc. private, tweeting Monday night that he’s working with high-profile financial advisers and lawyers on the deal that would need about $70 billion in funding.

“I’m excited to work with Silver Lake and Goldman Sachs as financial advisors,” Tesla’s chief executive said, while also mentioning two prominent law firms that ar More

Elon Musk teased more details about his plan to take Tesla Inc. private, tweeting Monday night that he’s working with high-profile financial advisers and lawyers on the deal that would need about $70 billion in funding.

“I’m excited to work with Silver Lake and Goldman Sachs as financial advisors,” Tesla’s chief executive said, while also mentioning two prominent law firms that ar More

[…]

Spain pens £390M hyperloop deal with Virgin New Civil…

New Civil Engineer Virgin Hyperloop One CEO Rob Lloyd said: “With its robust transportation, aerospace, and high-tech sectors in turn paired with outstanding regional talent, Spain is an ideal fit for Virgin Hyperloop One’s Advanced Technology Development and Testing Centre …… More

New Civil Engineer Virgin Hyperloop One CEO Rob Lloyd said: “With its robust transportation, aerospace, and high-tech sectors in turn paired with outstanding regional talent, Spain is an ideal fit for Virgin Hyperloop One’s Advanced Technology Development and Testing Centre …… More

Musk reveals more details about going private

In a public letter to investors Monday morning, Tesla CEO Elon Musk expanded on details of his plan to take the company private.

Musk announced Aug. 4 on Twitter that he was considering a privatization plan and had funding “secured.”

In the letter Monday, he revealed that he has been in discussions for almost two years with the sovereign wealth fund of Saudi Arabia about More

In a public letter to investors Monday morning, Tesla CEO Elon Musk expanded on details of his plan to take the company private.

Musk announced Aug. 4 on Twitter that he was considering a privatization plan and had funding “secured.”

In the letter Monday, he revealed that he has been in discussions for almost two years with the sovereign wealth fund of Saudi Arabia about More

[…]

Electric Cars Could Be a Job Killer for Japan’s No. 1…

Bloomberg He was warning about ride-sharing, electric cars, and driverless vehicles, all troubling innovations for anyone whose living depends on the combustion engine. Japan’s government added pressure last month with the announcement that it wants …… More

Bloomberg He was warning about ride-sharing, electric cars, and driverless vehicles, all troubling innovations for anyone whose living depends on the combustion engine. Japan’s government added pressure last month with the announcement that it wants …… More

Silicon Valley startup Metamoto introduces its new…

Automotive Testing Technology International Metamoto has launched its highly anticipated Simulation as a Service offering, which will be available at the beginning of August, enabling companies working on autonomous vehicle technology to validate software safely in the virtual world before they begin …… More

Automotive Testing Technology International Metamoto has launched its highly anticipated Simulation as a Service offering, which will be available at the beginning of August, enabling companies working on autonomous vehicle technology to validate software safely in the virtual world before they begin …… More

Musk Memo Clarifies Plans to Take Tesla Private | Investopedia

The saga of Tesla Inc. (TSLA) continues. On Aug. 7, Tesla founder and CEO Elon Musk offered a hint on Twitter as to his plans to take the company private at $420 a share and that he had “funding secured.” The immediate response was one of confusion, with investors unsure of whether Musk’s Twitter account had been hacked—it was odd to make such an important announcement via twee More

The saga of Tesla Inc. (TSLA) continues. On Aug. 7, Tesla founder and CEO Elon Musk offered a hint on Twitter as to his plans to take the company private at $420 a share and that he had “funding secured.” The immediate response was one of confusion, with investors unsure of whether Musk’s Twitter account had been hacked—it was odd to make such an important announcement via twee More

[…]

Tritium to deploy 475 kw charging in Europe

Tritium, an Australian company who is currently supplying some of the 350 kW ‘ultra-fast’ charging stations used in the Ionity charging network being deployed in Europe, unveiled the new technology in Amsterdam last week.

More electrek.co/2018/08/13/electric-vehicle-charging-station-re More

Tritium, an Australian company who is currently supplying some of the 350 kW ‘ultra-fast’ charging stations used in the Ionity charging network being deployed in Europe, unveiled the new technology in Amsterdam last week.

More electrek.co/2018/08/13/electric-vehicle-charging-station-re More

Tesla Model 3 in $35k Standard trim will have an AWD Dual…

Teslarati Tesla confirmed on Friday that the $35,000 Standard trim Model 3 could be upgraded with a dual motor AWD option. The dual motor AWD upgrade costs $5,000 for the Long Range RWD version of the electric car. If Tesla does not adjust its pricing for the …… More

Teslarati Tesla confirmed on Friday that the $35,000 Standard trim Model 3 could be upgraded with a dual motor AWD option. The dual motor AWD upgrade costs $5,000 for the Long Range RWD version of the electric car. If Tesla does not adjust its pricing for the …… More

SpaceX and NASA had conference mars mission

Elon Musk and a SpaceX illustration of its Big Falcon Spaceship on Mars.
SpaceX, founded by Elon Musk, is building a rocket-and-spaceship system to land people on Mars.
Musk said he wants to launch the first humans to Mars in 2024, following an uncrewed mission in 2022.
As Ars Technica reported, SpaceX held a private “Mars Workshop” with NASA and other experts to draf More

Elon Musk and a SpaceX illustration of its Big Falcon Spaceship on Mars.
SpaceX, founded by Elon Musk, is building a rocket-and-spaceship system to land people on Mars.
Musk said he wants to launch the first humans to Mars in 2024, following an uncrewed mission in 2022.
As Ars Technica reported, SpaceX held a private “Mars Workshop” with NASA and other experts to draf More

[…]

Almost all stolen Tesla cars have been recovered

American thieves really need to rethink their strategy when it comes to stealing Tesla vehicles because they are being caught at an alarming rate.

We’ve now learned that stolen Tesla vehicles in the US have almost all been recovered.

More electrek.co/2018/08/10/tesla-stolen-vehicles-us-recovere More

American thieves really need to rethink their strategy when it comes to stealing Tesla vehicles because they are being caught at an alarming rate.

We’ve now learned that stolen Tesla vehicles in the US have almost all been recovered.

More electrek.co/2018/08/10/tesla-stolen-vehicles-us-recovere More

Apple car: iPhone company could be working on new electric…

The Independent And though Apple is not saying anything about its plans, he may have joined to help restart the electric vehicle project. Apple’s car – said to be named Project Titan within the company – has been rumoured for years and appears to have changed status within …… More

The Independent And though Apple is not saying anything about its plans, he may have joined to help restart the electric vehicle project. Apple’s car – said to be named Project Titan within the company – has been rumoured for years and appears to have changed status within …… More

99% of US population is within 150 miles of supercharger

The electric vehicle charging problem is becoming less and less of an issue every day and Tesla is arguably leading the way with the Supercharger network.

The automaker now says that “99% of the US population is within 150 miles of a Supercharger.”

More electrek.co/2018/08/10/ More

The electric vehicle charging problem is becoming less and less of an issue every day and Tesla is arguably leading the way with the Supercharger network.

The automaker now says that “99% of the US population is within 150 miles of a Supercharger.”

More electrek.co/2018/08/10/ More

Elon Musk next favorite EV is a pickup truck

Tesla has only 3 vehicle programs in production, which isn’t many for the average automaker, but it is working on many more to come out in the next few years.

One of the most important new programs is the Tesla Pickup Truck and we now learn that it is Elon Musk’s ‘favorite next Tesla product.’

More More

Tesla has only 3 vehicle programs in production, which isn’t many for the average automaker, but it is working on many more to come out in the next few years.

One of the most important new programs is the Tesla Pickup Truck and we now learn that it is Elon Musk’s ‘favorite next Tesla product.’

More More

[…]

Tesla Board to Meet With Advisers on Going Private, CNBC Says – Bloomberg

Tesla Inc.’s board plans to meet with financial advisers next week on taking the company private and is likely to tell Chairman Elon Musk to recuse himself while they evaluate his proposal, CNBC reported.

More www.bloomberg.com/news/articles/2018-08-09/tesla-board-to-m More

Tesla Inc.’s board plans to meet with financial advisers next week on taking the company private and is likely to tell Chairman Elon Musk to recuse himself while they evaluate his proposal, CNBC reported.

More www.bloomberg.com/news/articles/2018-08-09/tesla-board-to-m More

Nikola raises $100M for its EV and hydrogen trucks

Nikola Motors, a Utah-based startup developing electric vehicles and hydrogen fuel cell trucks, announced that it secured $100 million as part of a $200 million series C round of funding that it is planning to close this month.

The money will be used to bring its electric vehicles and hydrogen trucks to market.

More More

Nikola Motors, a Utah-based startup developing electric vehicles and hydrogen fuel cell trucks, announced that it secured $100 million as part of a $200 million series C round of funding that it is planning to close this month.

The money will be used to bring its electric vehicles and hydrogen trucks to market.

More More

[…]

Up to 40 Million EV Charging Points Forecast Worldwide by…

Greentech Media Growth in electric vehicle sales worldwide is expected to boost demand for charging points, with up to 40 million installed by 2030, GTM Research predicts. The analyst firm’s report on EV Charging Infrastructure Development forecasts that 11 percent of new …… More

Greentech Media Growth in electric vehicle sales worldwide is expected to boost demand for charging points, with up to 40 million installed by 2030, GTM Research predicts. The analyst firm’s report on EV Charging Infrastructure Development forecasts that 11 percent of new …… More

Tesla starts free overair Autopilot trials to boost…

Electrek Tesla started an email campaign to inform owners of Autopilot 2.0 cars who didn’t buy any Autopilot package that they will have access to a free over-the-air Autopilot trial. The move to boost usage and sales of the system comes just as Tesla is expected to …… More

Electrek Tesla started an email campaign to inform owners of Autopilot 2.0 cars who didn’t buy any Autopilot package that they will have access to a free over-the-air Autopilot trial. The move to boost usage and sales of the system comes just as Tesla is expected to …… More

Maker of single-passenger electric car files for $10…

CNNMoney Electra Meccanica, a Canadian company gearing up production of a single-seat car that looks like it’s missing its back half, is about to go public. The company announced Wednesday that it will list a $10 million public offering on the NASDAQ. Shares will be …… More

CNNMoney Electra Meccanica, a Canadian company gearing up production of a single-seat car that looks like it’s missing its back half, is about to go public. The company announced Wednesday that it will list a $10 million public offering on the NASDAQ. Shares will be …… More

Tesla Model 3 found to have best lane-keeping by IIHS,…

Electrek The Insurance Institute for Highway Safety (IIHS) has been releasing some information about their autonomous driver assist level 2 system tests in some premium sedans and they found that the Tesla Model 3 has the best lane-keeping with Autopilot’s …… More

Electrek The Insurance Institute for Highway Safety (IIHS) has been releasing some information about their autonomous driver assist level 2 system tests in some premium sedans and they found that the Tesla Model 3 has the best lane-keeping with Autopilot’s …… More

[government news] California said it will not honor federal vehicle newly proposed emissions and economy standards

In response to an EPA proposal to freeze emissions and fuel economy standards, California said it will not honor federal vehicle certifications if the proposal goes through.

“The California Air Resources Board (CARB) has proposed amending the California Low-Emission Vehicle III Greenhouse Gas Emission Regulation to ensure that cars and light-duty trucks for model years 2022-2025 conti More

In response to an EPA proposal to freeze emissions and fuel economy standards, California said it will not honor federal vehicle certifications if the proposal goes through.

“The California Air Resources Board (CARB) has proposed amending the California Low-Emission Vehicle III Greenhouse Gas Emission Regulation to ensure that cars and light-duty trucks for model years 2022-2025 conti More

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Why Tencent Makes Sense for the Tesla Motors Take-private…

1redDrop Tesla Motors CEO Elon Musk’s tweet about taking the company private until it “enters a phase of slower, more predictable growth” has the investment world buzzing. And rightly so, because a leveraged buyout of this size (approximately $50 to $60 billion) will …… More

1redDrop Tesla Motors CEO Elon Musk’s tweet about taking the company private until it “enters a phase of slower, more predictable growth” has the investment world buzzing. And rightly so, because a leveraged buyout of this size (approximately $50 to $60 billion) will …… More

Govt to set up 25000 MW solar project in Ladakh Livemint -…

Livemint New Delhi: India will soon call bids to set up a 25,000 mega watt (MW) solar power project in the Ladakh region as part of efforts to make the economy greener, Union power minister R.K. Singh said. Speaking at a meeting of policy makers and business …… More

Livemint New Delhi: India will soon call bids to set up a 25,000 mega watt (MW) solar power project in the Ladakh region as part of efforts to make the economy greener, Union power minister R.K. Singh said. Speaking at a meeting of policy makers and business …… More

Tesla Model 3 owner and tech evangelist shares Autopilot…

Teslarati Futurist Robert Scoble’s 8,910-mile road trip across 22 states and 15 major US cities with his three sons gave him an intimate look into the capabilities of his Model 3’s Autopilot system. Scoble’s early build Model 3 with VIN 7409 managed to navigate the …… More

Teslarati Futurist Robert Scoble’s 8,910-mile road trip across 22 states and 15 major US cities with his three sons gave him an intimate look into the capabilities of his Model 3’s Autopilot system. Scoble’s early build Model 3 with VIN 7409 managed to navigate the …… More

Musk wasn’t kidding: Tesla board confirms company could go private

Elon Musk’s twitter musings that he could take the company private were supported Wednesday morning by a statement from Tesla’s board of directors. Issued about half an hour before the markets opened, the six-member board confirmed that Musk had broached the subject last week and that the group had subsequently met several times to discuss Tesla’s options. “Last week, Elon More

Elon Musk’s twitter musings that he could take the company private were supported Wednesday morning by a statement from Tesla’s board of directors. Issued about half an hour before the markets opened, the six-member board confirmed that Musk had broached the subject last week and that the group had subsequently met several times to discuss Tesla’s options. “Last week, Elon More

[…]

Elon Musk considers taking Tesla private

(Reuters) – Elon Musk is considering taking Tesla Inc (TSLA.O) private, the electric car maker’s chief executive tweeted on Tuesday.

“Am considering taking Tesla private at $420 (323.9 pounds). Funding secured,” Musk said.

At $420 per share, a deal would represent a 22.8 percent premium to Tesla’s closing price on Monday, making it one of the biggest go- More

(Reuters) – Elon Musk is considering taking Tesla Inc (TSLA.O) private, the electric car maker’s chief executive tweeted on Tuesday.

“Am considering taking Tesla private at $420 (323.9 pounds). Funding secured,” Musk said.

At $420 per share, a deal would represent a 22.8 percent premium to Tesla’s closing price on Monday, making it one of the biggest go- More

[…]