Tesla Plans to Sell Energy to Texans

Tesla has filed an application with the Texas Public Utility Commission to sell electricity to customers. The application, first reported by Texas Monthly, was submitted by a Tesla subsidiary called Tesla Energy Ventures. Tesla also intends to build two massive batteries near Austin and Houston. The 100-megawatt storage system would enable Tesla to serve power… Continue reading Tesla Plans to Sell Energy to Texans

Tesla Model 3: Three Year Review – Driving, Charging, and Battery Status (Part 2)

Part 2 of my three-year review covers: The places we’ve been; Where we charge; and Battery pack status. Links to Parts 1-4 are at the bottom. 1) Where We’ve Gone 80% of my mileage has been commuting back and forth to work and running errands. During normal times that was 50 miles a day on… Continue reading Tesla Model 3: Three Year Review – Driving, Charging, and Battery Status (Part 2)

Panasonic Sells Tesla Stake for $3.6B

Panasonic sold its stake in Tesla worth about $3.61 billion. Panasonic bought 1.4 million Tesla shares at $21.15 each in 2010, for about 2.4 billion yen ($21.65 million). The stock is now worth $679.82 apiece, making for an incredible profit. Reuters reported the news, citing a spokesperson for Panasonic, an important supplier of batteries for Tesla.… Continue reading Panasonic Sells Tesla Stake for $3.6B

Model S Plaid Receives EPA Rating

The Environmental Protection Agency (EPA) has issued a rating of 387 miles range for the Tesla Model S Plaid with 19-inch wheels and 348 miles with 21-inch wheels. The rating is slightly under Tesla’s figures of 390 miles of range. Still, pairing that amount of range, 1.99-second 0-60 mph time, and a reported record quarter-miles run… Continue reading Model S Plaid Receives EPA Rating

Texas-Built Model Y to Launch with 4680 Cells

The Tesla Model Y to be produced at Giga Texas will launch with the company’s new 4680 battery cells. Chief Executive Elon Musk confirmed the plan in reply to a question on Twitter. When asked which batteries will be used for the Texas-built Model Y, he simply replied “4680.” The 4680 cells are Tesla’s own… Continue reading Texas-Built Model Y to Launch with 4680 Cells

Report: LG in Talks to Produce Tesla-Designed Battery Cells

Tesla may partner with LG to produce its homegrown 4680 large-format cylindrical battery cells, according to a report from Reuters.  “Tesla has not yet agreed to a deal that would expand LG’s role in its supply chain beyond China,” the report said. Tesla’s 4680 battery cells were developed to reduce production costs, improve battery performance and… Continue reading Report: LG in Talks to Produce Tesla-Designed Battery Cells

Tesla Releases New Video on Battery Manufacturing

Tesla has released a new video that teases its battery manufacturing efforts in an effort to recruit talent to its cell team. The video shows mesmerizing shots of Tesla’s battery cells moving through the production process. The music of Don Hinton’s 1960 tune “Honey Bee” accompanies the images, including the lyrics “You gave me a… Continue reading Tesla Releases New Video on Battery Manufacturing

Tesla Secures New Lithium Supply Deal

Tesla’s battery supply is getting a bump from a new five-year partnership with China’s Sichuan Yahua Industrial Group Co. Sichuan Yahua, a wholly-owned subsidiary Yaan Lithium, announced the deal Tuesday. Reuters reported a Shenzhen Stock Exchange filing that showed the company put the total value of the contract at $630-$880 million over 2021-25. Tesla started production at… Continue reading Tesla Secures New Lithium Supply Deal

Tesla ‘Battery Day’ to Start at 1:30 P.M. PT

Tesla will present today new details into its homegrown battery efforts at a “Battery Day” event for shareholders. Chief Executive Elon Musk offered a few hints at what to expect. In a series of tweets on Monday, Musk said the company will present developments that will have more long-term impact than short-term. Musk said the… Continue reading Tesla ‘Battery Day’ to Start at 1:30 P.M. PT

Musk Hypes ‘Exciting Things’ for Battery Day

Tesla Chief Executive Elon Musk hyped the company’s upcoming “Battery Day” Friday, promising “many exciting things.” The event, which was delayed for months and rescheduled because of the Covid-19 pandemic, is intended to inform investors on the company’s latest developments. Tesla had previously teased the event as a “Powertrain and Battery Investor Day.” Musk later said that… Continue reading Musk Hypes ‘Exciting Things’ for Battery Day