By Simon Alvarez Posted on July 24, 2019 Tesla’s (NASDAQ:TSLA) second-quarter earnings for 2019 saw the electric car maker post a revenue of $6.3 billion, falling short of Wall Street’s estimates. The results, which were discussed at length in an Update Letter, were released after the closing bell on Wednesday, July 24. Following are the …
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Tesla is looking to build a lithium battery raw material factory in Indonesia, claims report
By Simon Alvarez Posted on July 23, 2019 A recent report from one of Indonesia’s oldest news agencies has stated that American electric car maker Tesla is looking to build a lithium battery raw material factory in the Morowali Industrial Park (IMIP) area, located in the Central Sulawesi province, Indonesia. The update comes amidst the …
Tesla Model Y manufacturing improvements highlighted in published patent application
By Dacia J. Ferris Posted on July 23, 2019 In an effort to continue streamlining its manufacturing process, Tesla has developed a new vehicle frame casting machine. The specifics are described in a patent application published on July 18, 2019 titled, “Multi-Directional Unibody Casting Machine for a Vehicle Frame and Associated Methods.” CEO Elon Musk …