Tesla

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Offshore U.S. wind farm proposal uses Tesla batteries to store power

 Tesla’s energy business is focused in part on solar power generation, but a big component of the business hopes to use its Powerpack commercial storage batteries in tandem with renewable power generation to store energy until it’s needed. A new proposal, reports Bloomberg, by energy supplier Deepwater Wind would use Tesla’s batteries in a new offshore wind plant near… Read More

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Alphabet’s X lab is working on renewable energy storage

 Storing the energy produced from renewable sources is a significant challenge, and one that a number of players, including Tesla, are looking to address. Add Alphabet’s X (formerly Google X) to the list of those making an attempt: Its new Malta project is focused on building storage facilities that can support full-scale power grids. The Malta project, described by Bloomberg, uses… Read More

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Tesla adds James Murdoch and Linda Johnson Rice to its board

 Tesla has added two new independent directors to its board, including 21st Century Fox CEO James Murdoch and Johnson Publishing Company CEO and Chairman Linda Johnson Rice. The two new board members were added just a few months after Tesla confirmed it was seeking additional independent directors without ties to CEO and founder Elon Musk. Until now, Tesla’s board included five (of six… Read More

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Take a look at the very first production Tesla Model 3

 It’s here: The first ever production Model 3 has rolled off Tesla’s assembly line, and into the possession of its owner – Elon Musk. The founder and CEO tweeted pictures of the new vehicle, which he only got because the actual first pre-order customer gifted Musk his place in the queue as a birthday present Alongside the pics, Musk tweeted an interesting bit of trivia about… Read More

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Tesla will build world’s largest battery storage facility for Australian wind farm

 Tesla will up its game in the renewable energy storage market with the largest lithium-ion battery storage facility in the world, to be built for Australia’s Hornsdale Wind Farm. The facility will use Tesla’s commercial battery storage Powerpack modules, which will store energy generated from the farm’s turbines during peak generation hours and make it available when the… Read More

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These cities in California’s East Bay are raking in venture capital

 San Francisco Bay Area companies raise so much venture capital relative to other places that a lot of little-known cities in the region outrank major metropolises in total funding. In this two-part series, we’ll look at nine under-the-radar places in the Bay Area that punch above their weight class when it comes to attracting startup funding. For today, we’ll focus on the East Bay. Read More

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Crunch Report | Google To Stop Scanning Inboxes

Crunch Report June 23 Today’s Stories  Google now has all the data it needs, will stop scanning Gmail inboxes for ad personalization Samsung’s Galaxy Note8 will reportedly be the company’s most expensive smartphone yet YouTube TV expands to 10 more U.S. markets, adds more YouTube Red series Tesla said to be in talks to create its own streaming music service Credits Written and Hosted by:… Read More

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Volvo’s Polestar is now its own company focused on performance EVs

 Volvo tuner Polestar, which the carmaker acquired in 2015 to build its own race-ready Volve cars, is now being set up as its own separate company within the Volvo group, with a new focus on performance electric vehicles. The new Polestar will have its own branding, distinct from Volvo’s – though it’ll still produce performance versions of Volvo cars in addition to its own… Read More

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Tesla reportedly nears agreement to build a vehicle factory in China

 Tesla’s next Gigafactory could be in China, according to a report from Bloomberg. The electric car maker is in talks to build its vehicles in the country for the first time, and it’s nearing an agreement with the city of Shanghai to construct the manufacturing facility in a nearby industrial development zone. The final details of the agreement are still in flux, and Bloomberg… Read More

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