Second Tesla Shanghai Factory Confirmed

Tesla has confirmed they will build a new factory on land near its existing Shanghai plant which is poised to add an annual capacity of 450,000 cars. Tesla still reports that Shanghai currently builds over 450,000 cars per year even though monthly runrates are actually over 800,000 cars per year and capacity is over 1 …

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Tesla Full Self Driving Actually Safer Than Human Drivers So Far

Tesla Full Self Driving beta is being used by over 100,000 people. Normally 100,000 US drivers have 12.4 fatal accidents each year. This is over one fatality per month. Normally 100,000 drivers would have 163 accidents with injuries each month. There are so far no reported injury or fatality accidents after over four months of …

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Elon Has Secured Equity and Debt for $46.5 Billion for Twitter

Musk announced Thursday morning he has $21 billion in cash equity from himself and other co-investors to make a $46.5 billion bid for Twitter and Elon arranged $25.5 billion of committed debt financing through Morgan Stanley. The debt is loans against Twitter and Tesla. Musk can make a tender offer conditioned on Twitter removing the …

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Teslabot Abundance on Earth Will Mean Mars Abundance Too

Elon Musk has described a vision for a self-sustaining Mars City with 100k to 1 million people that would be hard on the pioneers to establish. He also has described a vision for Teslabots where it would be useful and perhaps there would be one per household. Brian Wang explores where SpaceX and Tesla and …

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