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Daimler has officially begun construction of its second lithium-ion battery plant, which the German automaker says will be one of the largest in the world. German Chancellor Angela Merkel and Saxony Minister President Stanislaw Tillich, together with Daimler chief Dieter Zetsche and other executives, toured the existing battery factory in Kamenz on Monday, where the […]

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Tesla has been able to raise more funds than originally expected to back the launch of the Model 3 later this year. The electric automaker raised about $1.2 billion on Friday, about 20 percent more than had been planned by the company. That capital came through about $350 million in common shares and another $850 […]

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Nevada’s treasurer is ratcheting up pressure on Faraday Future to meet its plant construction obligations – and this time has added Tesla to the protocol. State Treasurer Dan Schwartz wants an audit done on both company’s manufacturing plants by the Governor’s Office of Economic Development (GOED). Online news source This Is Reno reported Schwartz wants […]

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Tesla will be shutting down its Fremont, Calif., factory to get ready for high-volume Model 3 production to start in July. The electric automaker said the “brief, planned” pause will make it possible to add capacity in the assembly plant’s paint shop and a few other maintenance items. It’s necessary for the company to meet […]

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Lithuanians have produced a video with a virtual production plant to entice Tesla to build its next factory in their country. Vladas Lasas and 41 other Lithuanian gamers used the Lego-like Minecraft video game as a model for telling the story of how that factory would be set up in their country. The Lithuanians called […]

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Panasonic wants to further tap into its strong working relationship with Tesla Motors, this time through autonomous vehicle systems. Self-driving car technology is considered by many to be central in the auto industry’s future, and Panasonic’s relationship with Tesla could be an opportunity the company has been seeking. “We are deeply interested in Tesla’s self-driving […]

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Electric car maker Tesla started producing lithium-ion battery cells yesterday at the company’s gigafactory outside Reno, Nev., alongside its longtime battery partner Panasonic. Tesla and Panasonic’s new jointly designed cylindrical 2170 cells will first be used to power Tesla’s Powerwall 2 home energy supply unit, and the Powerpack 2 commercial solar energy storage product. Cells destined […]

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Last Friday, hundreds of Tesla vehicle owners and their invited guests celebrated the official opening of the company’s first Gigafactory battery plant in the Nevada desert. The new facility at the edge of the town of Sparks, east of Reno, will build Tesla’s future battery cells and packs for all of its products. In addition […]

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The Tesla Model 3 did hit the “pencils down” mark, CEO Elon Musk said during the Gigafactory media tour. Musk told reporters that the final designs for Tesla’s $35,000-and-up electric Model 3 were locked up two weeks ago. Tesla is moving forward on schedule to start producing them next summer, he said. Speaking at the […]

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While Tesla’s Gigafactory won’t officially host its grand opening until Friday in Nevada, members of the media toured the plant on Tuesday and shared perspectives ranging from being fans to skeptics. Two years after construction began, the $5 billion factory is expected to nearly double global production of lithium-ion batteries. The factory is about 14 […]

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