Tag: Elon Musk

Tesla Shifting Battery Type To Avoid Production Shortages

According to a tweet from the company’s CEO, Elon Musk, Tesla is shifting their standard-range car batteries from lithium-ion to iron-cathode. Musk cites concerns with nickel and the challenges of scaling lithium-ion production as the reason for the move. Tesla already fits the Chinese-built Standard Range Model 3 with Lithium Iron Phosphate (LFP) batteries, which […]

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Tesla Share Drop Wipes $15 Billion Off Elon Musk’s Value, Takes Him Off Top Spot In Richest Persons List

Tesla’s share price fell 8.6% on Monday and has seen values fall at least 15% this week. The drop, which analysts report is at least partly down to CEO Elon Musk’s actions, has seen his personal value fall by some $15 billion. Monday’s stock price drop was the sharpest one-day fall since September and follows […]

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Musk’s Tesla Says It May Accept Bitcoin As Payment After Investing $1.5 Billion In Cryptocurrency

This morning, Tesla announced they purchased $1.5 billion worth of Bitcoin. During their filing with the Securities and Exchange Commission (SEC), CEO Elon Musk justified the purchase as a way to have “more flexibility to further diversify and maximize returns on its cash”. After that, he went on to mention that the company might start […]

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Elon Musk Says The Updated Tesla Model S/X Shift From Drive To Reverse Automatically

Last week, Tesla revealed a comprehensive update for the Model S and Model X and if you can look past all the insane performance specifications of the Plaid and Plaid Plus models, it is the revamped interiors of the duo that have triggered the most headlines. The highlight is the yoke-style steering wheel of the […]

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Elon Musk Says Tesla Roadster Won’t Enter Production Until 2022

Tesla CEO Elon Musk said that the much-anticipated Roadster won’t enter production until 2022, acknowledging that the electric supercar is delayed for roughly two years. When Musk revealed the Roadster in concept form back in 2017, he said that Tesla was going to put it into production in 2020. However, things obviously didn’t go as […]

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2021 Tesla Model S Had A Secret Round Steering Option Hidden In The Configurator

Many questions were raised by Tesla’s decision to give the updated 2021 Model S and Model X a steering yoke and whether that’s legal and safe, but apparently, the carmaker also had another option hidden inside their website’s code. And we say “had” because shortly after the discovery of a normal, round steering wheel option, […]

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