Tesla revamps the Megapack in attempt to reverse its declining storage business
Tesla’s energy storage business could use a boost after reporting two consecutive quarters of declining installations.
Tesla’s energy storage business could use a boost after reporting two consecutive quarters of declining installations.
At an event in Las Vegas yesterday, Tesla revealed a new utility-scale battery configuration that it claims can significantly lower construction costs for utilities, along with faster installation. Its new “Megablock” is pre-engineered; more assembly done in a factory allows for 23 percent faster installation, according to Tesla. That’s supposed to translate to up to […]
Musk used to say Tesla would make 20 million cars and one million humanoid robots per year. The company’s board wants far less than that in exchange for $1 trillion.
Tesla spent a fraction on X in early 2025 compared to 2024. It also paid $300,000 to Kimbal Musk’s drone company.
Elon Musk could become the world’s first trillionaire if Tesla shareholders approve a new pay package that was just put forward by the company’s board. Musk would need to meet certain milestones in order to receive that eye-popping compensation, such as producing 1 million robotaxis and 1 million humanoid robots, as well as increase Tesla’s […]
A shareholder proposal would allow Tesla to invest in Elon Musk’s rival AI firm, xAI if approved. Tesla’s board didn’t recommend one way or another.
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI.
Even Elon Musk agrees it was too generic.
Tesla’s fourth “Master Plan” lacks an important building block of plans: specifics. Even Elon Musk agrees it was too generic.
Tesla’s latest “Master Plan” makes a few things clear right out of the gate: the company that was once known for accelerating the push toward a brighter future by popularizing electric vehicles and renewable energy is no longer interested in that quotidian stuff. Now, it’s all about artificial intelligence, humanoid robots, self-driving cars, and the […]