Tesla CEO Elon Musk gave an interview to the Tesla Owners Silicon Valley YouTube channel where he hinted that the shortage of electronic components is costing the company many billions of dollars. “Right now, both the Austin [US] and Berlin [Germany] factories are giant money
Tesla CEO Elon Musk took advantage of the company’s recent financial results to express confidence in the Optimus robot and the importance it will have for the future of technology. “I was surprised that people did not realize the magnitude of the Optimus robot program.
Tesla’s electric car factory in Shanghai has been temporarily suspended due to a Covid-19 outbreak in the city. As reported by Reuters, the factory was closed this Monday, the 28th, and will remain closed for another three days. The city will then undergo a series
Ford has announced a plan to invest $2 billion in the electric car market, which will see the brand launch seven new vehicles for this category in Europe. The company aims to sell 600,000 cars in Europe by 2026, aiming to achieve carbon neutrality by
A report advanced by the website GizChina indicates that Tesla is planning to launch its own app store, like Apple’s App Store and Google’s Play Store. The rumor will have started when a Tesla investor shared a ‘tweet’ showing a video of Apple co-founder and
Ford announced that it plans to increase production capacity of its F-150 Lightning van to 150,000 units a year by 2023, a sign of the manufacturer’s confidence in this new electric vehicle. The F-150 Lightning and F-150 Lightning Pro will hit the market in the
Elon Musk has sold about $15 billion of shares in the electric car company since November, a number that helps him reach the promise to sell 10% of his Tesla stake. The billionaire also exercised a call option on 1.6 million shares of Tesla at
Tesla CEO Elon Musk has informed the SEC the sale of a package of 934,091 shares of the manufacturer of electric vehicles worth $963.2 million. The South African entrepreneur has also exercised stock options to buy 2.17 million Tesla shares, according to the information submitted.
Ford CEO Jim Farley said via his Twitter page that the company has big ambitions in the electric cars segment, saying it expects to produce 600,000 vehicles by 2023. “We’re approaching it like we did building ventilators & PPE for Covid. Whatever it takes, find
Electric car maker Tesla may once again accept cryptocurrencies as a means of payment. The information was provided by the company in a report sent to the US Securities and Exchange Commission (SEC) on earnings and movements for the third quarter of 2021. In the