Tesla Model 3 battery change for China will free up cobalt cells for Semi

2020 Tesla Model 3Tesla's Gigafactory Shanghai will make some Model 3 sedans with lithium iron phosphate (LFP) batteries starting later this year. CEO Elon Musk confirmed the move, which had been reported by business press and insiders for months, during a Q2 financial update call Wednesday. And he clarified the motivation behind the move: to free up more...

Tesla chooses Texas to build Cybertruck, reports another profit in Q2

Tesla Cybertruck prototype  -  Nov. 2019Tesla CEO Elon Musk announced Wednesday in a quarterly financial call that it picked the area near Austin, Texas, to build its next Gigafactory that will assemble the Cybertruck and other models. The Austin factory, Musk confirmed, will assemble the Cybertruck, the Semi, and Model 3 and Y for the Eastern half of North America, while the Fremont...