By Simon Alvarez Posted on May 16, 2019 Tesla recently confirmed that it had completed the acquisition of Maxwell Technologies Inc., a California-based company that specializes in ultracapacitors and batteries. In a press release on Thursday, the electric car maker noted that it is transferring stocks worth over $235 million to take over Maxwell. The …
Continue reading “Tesla completes Maxwell acquisition, ushers another era of battery breakthroughs”
By Simon Alvarez Posted on May 15, 2019 Tesla is rolling out a software update that improves the longevity of the Model S and Model X’s batteries by optimizing the thermal management system of the flagship sedan and SUV’s battery packs. The safety update is being rolled out to the Model S and X fleet …
By Simon Alvarez Posted on May 14, 2019 Tesla’s (NASDAQ:TSLA) second-largest shareholder, Baillie Gifford, has been consistent with its support of the electric car maker, with James Anderson, a senior partner at the firm, even calling out the unethical activities of the company’s critics last year. Anderson spoke about Tesla again recently during an interview …
