article thumbnail

Tesla Giga Texas wins over analysts with manufacturing prowess, but there’s a catch

Teslarati

Tesla ( NASDAQ: TSLA ) Giga Texas won over analysts at Deutsche Bank with its robust manufacturing prowess after a tour was given to the firm by the automaker. However, the short-term outlook seems to indicate that Tesla may need “to take additional price cuts in a weakening environment, which could put further pressure on earnings.”

Texas 142
article thumbnail

Tesla Gigafactory Texas gets its second Giga Press machine

Teslarati

A second IDRA Giga Press machine appears to have been delivered to Tesla Gigafactory Texas, marking another step towards the factory’s completion. During a recent flyover, drone operator Jeff Roberts spotted a box containing parts of the second IDRA Giga Press machine arriving at Tesla’s Giga Texas lot.

Texas 124
article thumbnail

Tesla wows Deutsche Bank in Giga Texas tour, analysts are ‘all in’

Teslarati

During the meeting, analysts were given a tour of Giga Texas and a deeper look at Tesla’s plans. Deutsche Bank analysts specifically noted that manufacturing improvements at Giga Texas would likely help Tesla maintain high profitability, despite the economic headwinds that Elon Musk pointed out during the Shareholder Meeting.

Texas 129
article thumbnail

Tesla’s Giga Texas solar roof is visible from space

Teslarati

Tesla’s Giga Texas solar roof installation is visible from space. The photos were provided by the European Space Agency’s Sentinal 2 satellite which maps changes in the environment such as land cover, pollution in lakes and coastal waters, volcanic eruptions, and landslides. Teslarati is now on TikTok.

Texas 70
article thumbnail

Velodyne Lidar acquires AI software company Bluecity

Green Car Congress

The solution is deployed across four continents with 74 installations, including systems rolled out domestically in California, Colorado, Florida, New Jersey, Maryland, Texas, Nevada and Michigan and internationally in Canada, China, UAE, India, Finland, Germany and Australia.

San Jose 369
article thumbnail

SpaceX’s Starship booster-catching ‘launch tower’ begins to take shape in Texas

Teslarati

Aerial photos show that SpaceX has rapidly begun building the first of two planned skyscraper-sized Starship ‘launch towers’ in South Texas – towers that could one day catch the Super Heavy boosters out of the air with huge arms. Stay tuned for more updates as the pad and launch tower continue to take shape.

Texas 110
article thumbnail

Video Friday: RACER Heavy

Cars That Think

DARPA’s Robotic Autonomy in Complex Environments with Resiliency (RACER) program recently conducted its fourth experiment (E4) to assess the performance of off-road unmanned vehicles. These tests, conducted in Texas in late 2023, were the first time the program tested its new vehicle, the RACER Heavy Platform (RHP).