Tesla completes Maxwell acquisition, ushers another era of battery breakthroughs

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 …

Tesla rolls out improved Model S/X battery thermal management software amid HK fire investigation

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 …

Baillie Gifford praises Tesla’s new leadership, says new CFO is great fit for Elon Musk

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 …