Tag: tesla's
Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025
Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery grade lithium for 1 million electric vehicles by 2025, which would make Tesla the largest processor of lithium in North America. Tesla will continue […]
Tesla’s new Texas lithium refinery to support 1M electric vehicles by 2025 by Rebecca Bellan originally published on TechCrunch
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Is NIO stock a cheap buy at under $9 after Tesla’s earnings miss?
NIO stock has plummeted around 85% from its all-time high, but are Tesla’s underwhelming results good news for the Chinese electric vehicle (EV) maker?
The post Is NIO stock a cheap buy at under $9 after Tesla’s earnings miss? appeared first on The Motley Fool UK.
Tesla’s rampant price cutting is taking a toll on its profits
Tesla published its first quarter earnings report in which the company said it earned $2.9 billion in net income on $23.3 billion in revenue. That represents a 24 percent increase year over year compared to $18.7 billion in revenue in Q1 2022.
Most importantly, the company’s gross margins fell to 19.3 percent, a sign that its rampant price cutting was starting to take a toll on its bottom line. Gross margins were down 18.9 percent quarter-over-quarter, and 33 percent year-over-year.
Some analysts were dour about Tesla’s future in reaction to the earnings report. “Tesla’s underwhelming quarter is the latest sign that growing macroeconomic uncertainty is having some impact on demand for its electric vehicles,” Jesse Cohen, senior analyst…
Hands-On With Tesla’s $300 AirPower-Like Wireless Charger
Design wise, the charger is a flat, angular platform made from aluminum with an alcantara fabric top, which Tesla says was inspired by the Cybertruck. There’s some subtle Tesla branding at the front, an LED light to let you know when charging is taking place, and an integrated USB-C cable.
The charger is heavy and well made, but the integrated cable is a negative because if it breaks, there’s no way to replace it. Tesla includes a 65W wall adapter that’s also modeled after the Cybertruck, plus a removable stand that can be used to transition the charger from a flat orientation to more of an angled orientation.
The Tesla Wireless Charging Platform is able to charge up to three devices at one time from any position on the charging base, which is how Apple wanted the AirPower to work. Three devices can receive up to 15W of power, though iPhones will be limited to 7.5W since this is Qi charging.
Unlike the AirPower, Tesla’s Wireless Charging Platform does not work with the Apple Watch, but it is compatible with Qi-based iPhones and AirPod models. Given the size of the device, you’re probably not going to be able to charge three large smartphones, but two smartphones and a set of AirPods works.
Tesla’s charging mat is using FreePower, a technology from Aira that we have seen used in other Qi-based wireless chargers. The Base Station Pro from Nomad, for example, used FreePower and it was remarkably similar to the Tesla product. The Base Station Pro ran into trouble because it was not able to work properly with the iPhone 12 and later due to firmware issues, and it remains to be seen if the Tesla charger will have similar problems with future smartphones.
The Tesla Wireless Charging Platform works as advertised, and generally, you can place a device anywhere on the platform to get it to charge. Position does still matter somewhat, though, because you still need to make sure you have a good alignment with a coil to get the full charging speed.
At $300, and with only Qi-based charging, it’s not worth buying the Tesla Wireless Charging Platform unless you’re a Tesla superfan. At this point, a MagSafe charger is a much better use of your money if you’re in the Apple ecosystem.
What do you think of Tesla’s charger? Let us know in the comments below.
This article, “Hands-On With Tesla’s $300 AirPower-Like Wireless Charger” first appeared on MacRumors.com
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Tesla’s strategy to fuel EV sales? Keep cutting prices
Tesla may be a relative newcomer compared to legacy companies like GM and Ford, but it has adopted an age-old tactic in the industry: price wars. The automaker has lowered the sticker price on its vehicles in the U.S. and China numerous times since last fall. And any speculation that the cuts would stop in […]
Tesla’s strategy to fuel EV sales? Keep cutting prices by Kirsten Korosec originally published on TechCrunch
Tesla’s silly new accessory is a big, tough home charger
Meet Tesla’s latest gadget: A home charging station that looks as futuristic as a Porsche hard drive from the early 2010s. The Cybervault seems to be a Tesla Wall Connector in a decidedly Cybertruck-inspired case, and boy does it look tough in a promo video posted by Tesla on Weibo. The device is “tailor-made for the […]
Tesla’s silly new accessory is a big, tough home charger by Harri Weber originally published on TechCrunch