Tesla has partnered with Curevac to help fight the coronavirus, but what is the extent of this partnership? I’ve seen claims all over Twitter from a few of Elon Musk’s critics saying that he should “stick to making rockets.”
Tesla CEO Elon Musk recently responded to a CleanTechnica article on Twitter by noting that Tesla is really like a dozen different startups. What would these startups be? Let’s explore some possibilities.
As the end of August approaches, let’s check in again on the construction progress at Tesla’s Berlin Gigafactory. Guess what? There’s yet another roof going up, this time on the body-in-white building.
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.
Tesla and Maxwell Technologies have drafted a proposal that Maxwell executives have agreed to that, if shareholders agree, would result in Tesla acquiring the company in a stock deal. The deal is detailed in a letter from Maxwell and an 8-K Filing with the SEC filed by the company on February 4th, 2019.
Tesla is receiving 3 new Grohmann machines from Germany to raise production at Gigafactory #1 to 8,000 Model 3 battery packs per week.
A couple of weeks ago, I made an EPS prediction for Tesla’s second quarter. At the time, I said, “the key disclosure this quarter will be the number of cars produced. I am expecting almost twice as many cars produced in the 2nd quarter compared to the first quarter. My EPS prediction relies on cars produced.”
Following ongoing disputes at the newly acquired firm now named Tesla Grohmann Automation, disputes related to worker compensation, the works council at the division in western Germany has revealed that an agreement has been made with management that will result in a new pay structure. The new pay structure will increase workers’ pay by around 30%.
