William Feuer has a great new article out at CNBC: The factory is expected to reduce labor costs to as low as one-tenth what the electric car manufacturer currently pays in wages at its California factory, which Tesla says employs more than 10,000 workers. With such a reduction in costs, Tesla could sell its vehicles at […]
Bloomberg has a very interesting story about the negotiations between Tesla and local governments over the location of the European Gigafactory: Fresh from his experience building a factory in China, Musk had a demand that was as clear as it was hard to execute for notoriously bureaucratic Germans: to build the site as swiftly as the one […]
With all the talk of Gigafactory Berlin, its sibling Gigfactory in Shanghai may have gotten a little jealous for attention. Tesla Inc. won permission to start mass production at its China factory, clearing one of the last hurdles to begin selling locally built cars in the world’s largest electric-vehicle market. Bloomberg Permits secured baby 😎 […]
Boom. Read more at Apple
Following the announcement of Tesla’s Gigafactory Berlin, Tesla became the third most valuable auto manufacturer in the world. It surpassed Daimler in early trading on German exchanges narrowly –– Tesla is now worth $63 billion and 73 million, while Daimler is worth a measly $63 billion and 7 million. They could trade places again several […]
The latest part of Tom Randall’s Model 3 Survey is out, and as usual there are lots of interesting tidbits. In particular, I thought their list of top trade-in cars was interesting. Here’s the top 10: Toyota Prius –– Average $27,080 BMW 3 Series –– Average $46,477 Honda Accord –– Average $25,428 Honda Civic –– […]
Wall Street Journal “columnist” Charley Grant was very upset this evening as Tesla accepted the Golden Steering Wheel Award in Berlin. You can’t blame him — his Dad’s friend Jim Chanos, who runs a fund dedicated to short selling, has been shorting Tesla and SolarCity for years. If this keeps up, he may have to […]
Today at Das Goldene Lenkard, the German new car-model award ceremony, Tesla made a surprise announcement: the location for the European Gigafactory will be in the Berlin area. Leaving aside the announcement itself, the video of the ceremony itself feels surprising and historic in a lot of ways –– so let’s pick it apart together […]
Oh… you thought that was the squeeze? 😂 That’s cute. The short burn hasn’t even begun. 🔥
Someone has been leaking to Mark Gurman at Bloomberg: This will be the first major update since the MacBook Pro line was redesigned three years ago. Apple is moving from a 15-inch screen to a higher-resolution 16-inch screen, said the people, who asked not to be identified discussing unannounced products. The display will likely appeal […]
