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Tesla factories are 'gigantic money furnaces', says Musk

Tesla factories are ‘gigantic money furnaces’, says Musk

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 Robot is worth more than electric cars, says Elon Musk

Tesla Robot is worth more than electric cars, says Elon Musk

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 to launch its own app store for cars soon

Tesla to launch its own app store for cars soon

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 wants to produce 150,000 electric trucks per year

Ford wants to produce 150,000 electric trucks per year

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 pressured to shut down Tesla cars in Russia

Elon Musk sells another $963.2 million in Tesla shares

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.