TSLA: 257.00

Stock Chart

The news that Tesla is looking at not only one location but possibily 3 more locations for Gigafactories got a lot of countries, states, and regions quite excited this week. Some European countries had already launched efforts to attract Tesla after they announced last year that they would be looking for a location in Europe to build another massive factory to manufacture both batteries and vehicles.

Now that the number of plants went up, the US could apparently also get another Gigafactory. expand full story

We find that automakers who have historically been betting on hydrogen fuel cells over battery-powered vehicles, like Honda, are very focused on the speed of charging since it’s currently the only advantage fuel cells have over batteries.

While charge rates are obviously important, it’s not actually the biggest barrier to EV adoption since most people charge overnight. Nonetheless, Honda wants to give “unlimited range” to electric vehicles with a new dynamic charging technology at high speeds. expand full story


Following a new effort to unionize Tesla’s workforce amid the production expansion for Model 3, claims about the company’s worker compensation and conditions at the Fremont factory were made in order to gain support for a union. These actions CEO Elon Musk believes were deeply influenced by the United Auto Workers (UAW), which has been trying to unionize the plant for years.

Nonetheless, Musk said last week that he would investigate the claims. He has now completed his investigation and addressed the claims in an email to all employees, which Electrek has obtained, below. expand full story

Exxon, again yesterday via its blog, pushing for carbon tax and *government intervention* – Exxon wants a carbon tax because internal combustion vehicles will slowly disappear while natural gas, which Exxon is heavily invested in, replaces coal. A carbon tax on coal is about double natural gas – and Exxon is losing serious money on expensive oil investments. Plus an interesting phrase from a company that constantly attacks government: At ExxonMobil, we’re encouraged that the pledges made at last year’s Paris Accord create an effective framework for all countries to address rising emissions; in fact, our company forecasts carbon reductions consistent with the results of the Paris accord commitments. Governments can help advance the search for energy technologies by funding basic research and by enacting forward-looking policies. If you’re Exxon, you can doubly win – support a carbon tax that hurts your competition, while also making it look like you’tr supportinf international climate change agreements (many say a $40/ton carbon tax will mean we meet both Paris and Clean Power Plan goals). My prior thoughts on this topic.

World’s largest wealth fund urged to consider infrastructure investments – If $900B worth of investment money were pushed to invest 5% in renewable infrastructure, then we’d get the equivalent of 50GW of solar power from Norway alone. Money like this would flow from many soverign wealth funds globally, and it will join private capital from groups like BlackRock. These renewable investments are being considered for two reasons – they’ve shown long term stability, and they align with the fund’s general do no harm matra. Good, clean money being made.

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The 89th Academy Awards will take place this Sunday at the Dolby Theatre in Hollywood, California, and as usual, celebrities are expected to arrive on the red carpet in limousines and luxurious vehicles.

Tesla vehicles, both the Model S and X, could be the most popular among them this year thanks to a new all-Tesla limo service financed by Morgan Freeman. expand full story


The biofuel and oil industries, which were both heavily subsidized over the years, are now working together to lobby against electric vehicle incentives under the pretext that they are seeking “a level playing field”.

Their respective main lobbying groups made the announcement this week. expand full story

February 23

TSLA: 255.99

Stock Chart

In its continuous effort to bring its second generation Autopilot to parity with its first generation of the driver assist system, Tesla has started pushing yet another update to vehicles equipped with the new Autopilot hardware.

The company is now introducing ‘Autopark for parallel parking’ on ‘Enhanced Autopilot’. expand full story

Alphabet’s Waymo subsidiary has filed a lawsuit against Uber over the theft and replication of a key self-driving component. Former employees working on Google’s self-driving project allegedly stole information before leaving for a start-up that was purchased by Uber.

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Automakers will be going to Geneva in the next two weeks for the 87th Geneva International Motor Show. A few of them have announced that they will bring new electric vehicle concepts to the trade show. expand full story

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