Gigafactory

When Gigafactory Nevada was being constructed, it was planned to be the world's largest building. Now it appears Tesla Inc's (NASDAQ: TSLA) newest factory in Texas will be following that trend. Reddit user u/brandude87 took all of Tesla's current factories with the surrounding...

During the second-quarter earning's call, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk talked about the company's latest factory being built in Austin, Texas. Construction on this factory starts while the company's Gigafactory Berlin is still being built. A new video has surfaced from...

President Donald Trump praised Tesla Inc (NASDAQ: TSLA) CEO Elon Musk for building his next Gigafactory in Austin, Texas, and taking credit for the idea. In an investor call on Wednesday evening, Musk announced Tesla's second car production facility will be built in Texas. On Thursday, Trump...

One of Tesla Inc's (NASDAQ: TSLA) constraints in the past has been battery cell production, revealed by CEO Elon Musk in a tweet last year. Tesla has since found additional battery suppliers in China to help with demand at Gigafactory Shanghai, and it looks like the same may happen for...

Tesla Inc.'s (NASDAQ: TSLA) latest gigafactory will be built near Austin, Texas, the company's Chief Executive Officer Elon Musk confirmed during the quarterly earnings call Wednesday.  What Happened The manufacturing facility, meant primarily for the company’s all-electric...

Panasonic Corp’s (OTC: PCRFF) CFO, speaking at an earnings briefing Monday, said the company is seeing "strong demand" for Tesla Inc (NASDAQ: TSLA) battery cells and is in talks to expand the Nevada Gigafactory, according to Reuters. Since 2014, Panasonic and Tesla have...

Tesla Inc. (NASDAQ: TSLA) employees called back from furlough, but choosing to stay home, will not receive unemployment benefits. What Happened An email sent to the employees on Wednesday by Valerie Workman, Tesla’s head of human resources in North America stated, "Once you are...

Tesla Inc (NASDAQ: TSLA) is yet again relying on debt to keep its operations going in China, with the electric vehicle manufacturer negotiating a loan facility, according to an 8-K filing with the SEC. About Tesla's Loan  Tesla has entered into a working capital loan contract...

Tesla Inc. (NASDAQ: TSLA) sold 3,635 units of its Shanghai-made Model 3 cars in China in April, the China Passenger Car Association (CPCA) said Monday. What Happened The number is a 64% decline in sales compared to March, when it sold 10,160 vehicles, according to CPCA data first reported...

Automakers such as General Motors (NYSE: GM), Ford Motor Company (NYSE: F), and Tesla (NASDAQ: TSLA), are planning to reopen factories with enhanced safety precautions. What Happened General Motors workers in Flint, Saginaw, and Bay City, Michigan,  are likely to return to work next week...

Tesla Inc.’s (NASDAQ: TSLA) CEO was the subject of California State Assemblywoman Lorena Gonzalez’s ire after he threatened to move the factory out of the state. What Happened In a social media outburst against Alameda County officials on Saturday, Tesla CEO Elon Musk called the “...

Tesla Inc (NASDAQ: TSLA), which is betting big on China to fuel growth, is apparently facing a setback in the country, according to a report in Bloomberg. Following a one-month-long closure forced by the coronavirus scare, the Shanghai Gigafactory resumed operations in full swing only in late...

Tesla Inc (NASDAQ: TSLA) shares have recovered from their coronavirus meltdown, courtesy of a  strong quarterly report. On the earnings call, CEO Elon Musk suggested the company's next Gigafactory could be announced as soon as next month and that it would be in the U.S. An analyst at...

Tesla Inc. (NASDAQ: TSLA) significantly beat analyst expectations in its first-quarter results, and here's what analysts at Wedbush Securities Inc. and Loup Ventures' Gene Munster think about its performance and outlook. Impressive Performance In A ‘Dark Environment,' Wedbush Says...

Joplin, Missouri, has set up a website to convince Tesla Inc. (NASDAQ: TSLA) to build its next manufacturing plant in the city. What Happened According to the website, the city authorities are offering $1 billion in incentives to the automaker to open a "gigafactory," as Tesla refers to...