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Tesla expands with new 35,000-square-foot building near Giga Texas

Teslarati

Tesla is expanding its presence in Texas as it snapped up a building located in Hutto, located about 25 miles north of its Gigafactory in Austin. For comparison’s sake, Tesla’s Kato Road facility near the Fremont Factory is nearly 200,000 square feet and is responsible for battery development and production.

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Tesla to boost spending for Giga Texas and Berlin ramp

Teslarati

. “Our capital expenditures are typically difficult to project beyond the short-term given the number and breadth of our core projects at any given time, and may further be impacted by uncertainties in future global market conditions,” Tesla said in the filing. billion in 2022, and each of the next two fiscal years.”

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EIA: Energy prices rose more than other commodities in 2021; up 59% over the year

Green Car Congress

By comparison, most other commodity indexes included in the GSCI increased by about 20%. In 2021, the energy index group made up 54% of the GSCI, and two crude oil benchmarks, West Texas Intermediate (WTI) and Brent crude oil, accounted for approximately 70% of the weighting in the energy sector index.

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Tesla Cyberwhistle sells out hours after launch

Teslarati

Tesla released a Cyberwhistle, inspired by Giga Texas’ upcoming Cybertruck. The Cyberwhistle is listed as limited-edition, and it’s unclear if Tesla plans to restock the medical-grade whistle in the future. In comparison, the Apple Cloth is a $19 polishing cloth for cleaning the tech giant’s array of devices.

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Tesla Q4 and FY 2022 results: TSLA beats on revenue and EPS, slight miss on auto margins

Teslarati

In comparison, analysts expected Tesla to post revenue of about $23.6 In comparison, analysts were expecting Tesla to post earnings per share of $1.13 The company also highlighted that it has enough liquidity to fund its future product roadmap , long-term capacity expansion plans, and other expenses. billion in Q4 2022.

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Tesla increased its income by over 100% in China for two consecutive years

Teslarati

In comparison, Tesla posted a revenue of $23.973 billion in the United States for 2021. Considering its success with Giga Shanghai, it will be exciting to see Giga Texas and Giga Berlin’s contributions to Tesla’s revenues in the near future. Tesla reported a revenue of $13.844 billion in the Chinese market for 2021.

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Profiteering Hampers U.S. Grid Expansion

Cars That Think

Expansion can open opportunities for new power-plant and transmission developers to undercut utility companies’ profits and take control over the rules that shape the industry’s future. The regions are distributed across three separate and largely isolated networks, called “ interconnections ”–Eastern, Western, and most of Texas.

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