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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 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

Tesla breaks profit record at $1.6 Billion

Tesla breaks profit record at $1.6 Billion

Tesla made $1.618 billion in profit in the third quarter, almost quintupling the 331 million registered in the same period last year. The company led by Elon Musk indicated this Wednesday after the closing of the New York stock exchanges that the value includes the