Tesla has inked a five-year agreement to secure a significant stock of lithium from Australia as competition for global supplies sends prices of the mineral skyrocketing. Liontown Resources plans to commence production in 2024 at its flagship Kathleen Valley lithium project in Western Australia, where it will supply Tesla with 100,000 tonnes of lithium concentrate…
Tesla Locks in Lithium Megadeal from Australia Amid Global Shortfall
February 17, 2022
admin
AustraliaChinaChina-Australia RelationsElectric VehiclesInternational RelationslithiummanufacturingteslaWestern AustraliaWorld
0 Comment
Elon Musk, Tesla Attack SEC for ‘Unrelenting’ Harassment
NEW YORK—Tesla Inc. and its Chief Executive Elon Musk on Thursday accused the U.S. Securities and Exchange Commission (SEC) of harassing them with an “endless” and “unrelenting” investigation to punish Musk for being an outspoken critic of the government. The accusation came in a letter to U.S. District Judge Alison Nathan in Manhattan, who presided…
Tesla Faces New Probe Over Claims of ‘Phantom Braking’ at High Speeds
Tesla is facing a new probe by U.S. auto safety regulators, who said they had received a few hundred complaints alleging unexpected brake activation in some Tesla models, an issue consumers have dubbed “phantom braking.” The National Highway Traffic Safety Administration (NHTSA) said in a Feb. 16 notice (pdf) that the agency’s Office of Defects Investigation…
Tesla Secures 5-Year Lithium Supply Deal Starting Next Year With Australia’s Liontown
Tesla Inc. has secured a five-year agreement with Australia’s Liontown Resources to supply lithium spodumene concentrate to the Elon Musk-led electric vehicle maker. What Happened Tesla will buy 100,000 dry metric tonnes (DMT) of the lithium concentrate in the first year and up to 150,000 DMTs annually thereafter, Liontown Resources said. Spodumene is considered a…
Tesla Sold 59,845 China-Made Vehicles in January: CPCA
BEIJING—U.S. electric vehicle maker Tesla Inc. sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 70,847 China-made vehicles in December. Chinese EV makers Nio Inc. delivered 9,652 cars in January, increasing by 33.6 percent…
It Won’t Be the Same Tesla in the Future: Elon Musk and Others Weigh In
Tesla, Inc. has a thriving EV manufacturing business, thanks to CEO Elon Musk’s vision and its early mover advantage. Indications from the Tesla chief suggest that a few years from now, the company may not look anything like it currently does. What Happened Musk concurred with David Lee, a YouTuber and a longtime Tesla investor,…
Tesla Says California Plans to Sue Over Alleged Discrimination, Harassment
February 9, 2022
admin
Business & EconomyCaliforniaCompaniesdiscriminationharassmentLocal NewsNorthern CaliforniaRegional-Local NewsSouthern CaliforniasueteslaUSUS News
0 Comment
Tesla Inc. said on Wednesday the California Department of Fair Employment and Housing (DFEH) intends to file a lawsuit against the company alleging systematic racial discrimination and harassment. The lawsuit appears to be focused on alleged misconduct at its factory in Fremont, California, between 2015 and 2019, Tesla said in a statement. The electric-car maker said…
Biden Publicly Namedrops Tesla for First Time After Months of Musk’s Barbs
President Joe Biden on Tuesday publicly mentioned Tesla for the first time in his presidency, after multiple complaints from the company’s CEO Elon Musk, who carped on Twitter and in interviews that Biden seemed to be deliberately ignoring his firm’s trailblazing role in the electric vehicle market. Biden’s long-to-arrive shoutout to Tesla came at a…
Tesla Recalls Nearly 27,000 Vehicles Over Windshield Defrost Issues That Raise Risk of Crash
Tesla is recalling 26,681 vehicles in the United States due to a software error that could cause windshields not to defrost properly, raising the risk of a crash, U.S. road safety authorities said. The National Highway Traffic Safety Administration (NHTSA) said in a Feb. 8 letter (pdf) that Tesla is recalling certain 2021–2022 Model 3, Model…
Tesla’s Bitcoin Holdings Worth Nearly $2 Billion: Filing
Tesla Inc. said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of Dec. 31 was $1.99 billion. In its annual filing with the U.S. Securities and Exchange Commission, Tesla, which had invested $1.50 billion in bitcoin last year, said it registered about $101 million in impairment losses last year due…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`