October 2022

Tesla Giga Texas expansion project for ‘ecological paradise’ gains approval

Tesla’s Giga Texas expansion project, which will make way for an “ecological paradise” open to the public just outside the automotive production facility, has been approved by the City of Austin. On September 21, we originally reported that Tesla was planning to revise its original application for Giga Texas, showing a proposed expansion of the

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Elon Musk’s X platform the only way forward after Twitter purchase: analyst

Twitter stock closed more than 22% higher yesterday following Elon Musk’s announcement that he intends to close his $44 billion buyout of the social media company at $54.20 per share. The Tesla CEO discussed his decision on Twitter, noting that purchasing the social media platform will speed up the creation of “X, the everything app.”

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Tesla’s removal of ultrasonic sensors has been teased since Cybertruck unveiling

Tesla recently made headlines after the company announced that it would be removing ultrasonic sensors (USS) on its vehicles. With the removal of ultrasonic sensors, Tesla’s electric cars will continue their transition to a full vision-based system.  As noted by Tesla in its announcement, it will be pretty easy to see if a vehicle is

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Tesla retail investors load up on $500M worth of TSLA in last 5 trading days

Tesla’s vehicle deliveries in Q3 2022 fell short of analysts’ expectations, and it showed on Monday, with TSLA stock closing down 8.6%. Despite the volatility, retail Tesla investors actually increased their purchases of TSLA stock.   According to a report from Vanda Research, net purchases of TSLA stock by retail investors reached about $500 million in

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How EV adoption is soaring in unlikely circumstances, and what could make it better

The adoption of electric vehicles has continued to skyrocket over the past several years despite challenging supply chain conditions, less-than-ideal geopolitical scenarios, lingering effects of the COVID-19 pandemic, and the soaring cost of EV materials. How this optimism remains was examined in a recent white paper from Cox Automotive, which outlined how EVs continue to defy

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EPA could make EVs eligible for Renewable Fuel Standard credit, boosting incentives

Electric Vehicles could be eligible for the Renewable Fuel Standard Credit, which would add yet another incentive to an EV purchase. The EPA is reportedly considering adding EVs to the list of eligible vehicles, and the idea could be confirmed in an upcoming proposal dealing with biofuel blending mandates. Reuters, citing sources familiar with the

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Tesla’s Giga Berlin is the largest private employer in Brandenburg

Tesla’s Gigafactory in Grünheide is now the state of Brandenburg’s largest private employer, RBB reported citing its own research. Currently, around 7,000 from over 50 countries work at Giga Berlin which reflects a growth of 3,000 employees since May. Following Tesla, the mining group, LEAG, has the second highest number of employees (4,300). Rolls Royce

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