March 28, 2024

Tesla Shuts Down Brandenburg Factory as Houthi Red Sea Attacks Cause Parts Shortage

Getty Images Tesla stumbles over ‘Just-in-Time’ logistics and suspends production at its Brandenburg, Germany Gigafactory for two weeks as Iran-backed drone and missile attacks on cargo ships in the Red Sea interrupt supply chains. Delays to components coming to Europe from the East caused by Shiite Islamist militias in Yemen attacking merchant ships attempting to

Elon Musk Considered Building a Tesla Factory in Dallas but Decided City Is ‘Too Texas’

SUZANNE CORDEIRO/AFP/Getty Elon Musk contemplated various cities including Dallas to be the site of a new Tesla factory before eventually settling on Austin. Musk reportedly deemed Dallas to be “too Texas,” according to Walter Isaacson’s new biography. Dallas News reports that in the search for a suitable location for Tesla’s new car factory, a myriad

Elon Musk’s ‘Project Omega’ Could Create Even More Millionaires Than Tesla

The following content is sponsored by InvestorPlace. In January 2021, Jason DeBolt called his boss and said, “I quit!” Shares of Tesla he had bought in 2013 were now worth $11.9 million and had surged by another $900,000 that day alone. DeBolt was among Elon Musk’s “army of fans” dubbed “Teslanaires,” according to a BBC report

Comrade Elon: Musk’s Tesla Pledges to Uphold ‘Core Socialist Values’ for Communist China

Peter Sparks/AFP/Getty, Lintao Zhang/Getty Images for IAAF Elon Musk’s Tesla has pledged to uphold “core socialist values” and compete fairly in China’s fast growing car market. Musk’s latest agreement with the communist government comes of the heels of his praise for the country’s AI researchers. Musk praised the “wisdom and determination” of Chinese AI researchers despite

Tesla treasure trove found in China after 13 years now worth a record $2 million

A trio of brand-new Teslas that were sitting in shipping containers on a Chinese dock since 2010 are about to be sold for a record amount. The Roadsters were recently discovered in the city of Quingdao, having never been picked up by their buyer. They were reportedly ordered by a Chinese startup electric car company […]

Forget Tesla and Electric Cars. E-Bikes Are the Future of Transportation.

There was a time—an instant really—when it seemed like e-bike advocates had captured lightning in a bottle.The E-BIKE Act, a bill introduced by Rep. Jimmy Panetta (D-CA) and Rep. Earl Blumenauer (D-OR) in 2021, was placed in the Inflation Reduction Act that was passed by the House of Representatives in 2022. It would have rewarded

Report: Tesla Crashes in China After Accelerating by Itself

A Tesla in Chengdu, China, reportedly crashed against a column in a parking structure after accelerating by itself. China’s state-run media outlet, the Global Times, reported in a recent article that a tesla in Chengdu, China, crashed against a column in a car park on May 25 after accelerating by itself. Tesla claimed that no fault…

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