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Tesla formally moves headquarters to Austin, TX

Teslarati

Elon Musk announced that Austin, Texas has formally become the site of the company’s main headquarters. “I’m excited to announce that we’ll be moving our headquarters to Austin, Texas,” Elon Musk said to much applause at the latest Annual Shareholders Meeting. It’s like capable of 10GWh a year.

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Tesla’s most basic Model 3 variant won’t be delivered until August ’22

Teslarati

Tesla’s most basic variant of the affordable Model 3 sedan is sold out nearly a year in advance. The Model 3 Standard Range+ is as basic as you can get with Tesla’s vehicles. It is the most affordable car available from Tesla, starting at $41,990.

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Baker Institute-led group to develop nationwide protocol for paying ranchers and farmers to store carbon

Green Car Congress

Robin Rather, CEO of Austin-based Collective Strength, is the group’s facilitator. Most accepted carbon transactions in the world today occur based on standards that originated from the Clean Development Mechanism of the Kyoto Protocol to the United Nations Framework Convention on Climate Change. We formed this group out of necessity.

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Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

In Austin, Texas, where Tesla is now headquartered, you can get a used Tesla Model 3 with prices as high as $57,300 for a 2022 Tesla Model 3 Performance Dual Motor All-Wheel Drive. The lowest prices for used Tesla Model 3s in Austin were in the $35,000 and $36,000 ranges for 2019 base Model 3s.

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Tesla Investor day has analysts questioning ‘how the competition can keep up’

Teslarati

“We leave the investor day at Giga Austin asking which of Tesla’s competitors can keep up with the planned spending of upward of $170 bn for the build-out of their manufacturing base for EVs and stationary storage,” Jonas writes. million vehicles this year.

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Major automakers, startups, technology companies and others launch Mobility Open Blockchain Initiative (MOBI)

Green Car Congress

Early in May major automakers, startups, technology companies and others came together to launch, MOBI, the Mobility Open Blockchain Initiative, to explore blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. —Chris Ballinger.

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Tesla Cybertruck electric ute demand ‘off the hook’ as production on track for Q4 2023; electric car brand’s profits strong

EV Central

That said, Tesla remains the gold standard for profitability following the release of its quarter two 2023 results, which showed record revenues of US$24.927 billion. Tesla Cybertruck electric ute production line in Austin, Texas “I think we’ll be making them in high volume next year and we will be delivering the car this year,” said Musk.