Tesla’s energy business (Tesla Energy) often ends up playing second fiddle to the admittedly more exciting automotive business, but that doesn’t mean it’s not growing. In Q2, Tesla increased deployments of its 13.5 kWh Powerwall 81%, according to the Q2 2019 investor letter, to a record 415MWh.
A draft proposal circulating through the boardroom of the European Investment Bank recommends terminating all further investments in fossil fuels effective 1/1/2021. The bank currently provides about $3 billion a year in financing for the fossil fuel industry.
There are a lot of things that slip into the “Tesla narrative” and common Tesla discussions. Some of those things make sense. Some don’t. Some provide insight into the future. Some don’t.
Two days ago, just before the second quarter Tesla conference call, I wrote a long and rambling piece about Tesla demand, essentially writing that no one knows what Tesla demand is or will be.
A Japanese company successfully raised funds for the production of electric vehicle parts using green bonds. Meidensha Corporation (Meiden) recently secured funding worth US$55 million through the sale of green bonds. The funds raised in this exercise will be used for the mass-production of electric vehicle parts, the company reported. … [continued]
Electric vehicle charging station manufacturer Wallbox launched in the US and China last week, and it tried to sneak in a bit of news about a breakthrough new charger in its lineup in the process. We knew Wallbox was one of the most innovative electric vehicle service equipment (EVSE) manufacturers … [continued]
Dodge’s “Hellcats” are fierce track beasts from the world of the internal combustion engine (ICE), especially when it comes to drag racing. However, the all-electric Tesla Model 3 Performance shows no fear taking on these monsters despite being the smallest member of Tesla’s lineup.
Elon Musk recently rejected rumors of a Tesla Model S facelift. When asked about the possibility of an interior revamp to the car, the CEO simply tweeted, “No.” He added, via Twitter, there wouldn’t be an exterior redesign either. In turn, Tesla critics flew into a frenzy. These so-called experts claim a cosmetic overhaul is absolutely mandatory for the award-winning luxury sedan.
The first time I visited Manhattan, a cab driver asked me a very interesting question. “Do you know why New Yorkers are so depressed?” When I told him I didn’t know, he said, “It’s because the light at the end of the tunnel — it’s New Jersey!”
“Efforts to reach last-mile customers need to be based on a solid understanding of their needs.”
Ford, Honda, Volkswagen, and BMW have negotiated an agreement with the California Air Resources Board to build more fuel efficient vehicles regardless of what the current administration does regarding emissions regulations.
