Tesla opens world’s largest Supercharger station

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It is located between two of Tesla’s biggest markets.

Tesla has been quickly expanding its Supercharger network lately and it just reached another milestone by opening the world’s new largest Supercharger station.

Tesla’s fleet is growing at a fast pace and the automaker is adding more electric vehicles to the road than any other automaker.

At the same time, the company is trying to keep up its infrastructure, like service centers, mobile service fleet, and charging infrastructure in order to support its growing fleet.

Tesla’s charging infrastructure mainly consists of the Supercharger network, arguably one of the company’s greatest assets.

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Tesla battery researcher shows new test results pointing to batteries lasting over 2 million miles

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A Tesla battery researcher showed updated test results pointing to batteries lasting over 15,000 cycles or the equivalent of over 2 million miles (3.5 million km) in an electric car.

Last year, we reported on Jeff Dahn and his lab, who is under contract to do battery research for Tesla, releasing a paper that shows how the latest Li-ion battery technology can produce batteries that would last 1 million miles in electric vehicles.

In a new presentation, Dahn discussed updated test results from this new battery, which he hopes becomes the new standard Li-ion battery against which new battery technologies benchmark themselves.

The scientist, who is widely recognized as a pioneer in Li-ion batteries, referenced our article from last year about their paper and said that it sparked a massive interest in this new battery chemistry and battery longevity.

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Battery Breakthrough enables ‘Holy Grail’ of super fast-charging electric cars

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Tesla vehicles and other electric cars have a range of around 500km but the battery takes around an hour to charge

Recharging a car could be almost as quick as refueling.

Engineers say they are close to achieving the “holy grail” of batteries after a major breakthrough brought forward the possibility of charging electric vehicles in mere minutes.

The advance could provide electric cars with 500km of range from just 10 minutes of charging, researchers from the University of Science and Technology of China (USTC) said.

“The combination of high energy, high [charging] rate, and long cycle life is the holy grail of battery research, which is determined by one of the key components of the battery: the electrode materials,” said USTC professor Hengxing Ji.

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Tesla aims to mine its own lithium in Nevada after dropping plan to buy miner

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But so far no company has been able to mine lithium from clay commercially

Elon Musk told investors last week that Tesla has secured access to 10,000 acres of lithium-rich clay deposits in Nevada and planned to use a new, “very sustainable way” of extracting the metal.

Tesla Inc. secured its own lithium mining rights in Nevada after dropping a plan to buy a company there, according to people familiar with the matter.

The automaker held discussions in recent months with Cypress Development Corp., which is seeking to extract lithium from clay deposits in southwest Nevada, but the parties didn’t reach a deal, the people said, asking not to be named because the information isn’t public. The electric car maker, which has vowed to slash its battery costs by 50 per cent, instead focused on the plan that chief executive Elon Musk outlined last week to dig for lithium on its own in the state.

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First operational boring tunnel under vegas almost done, Elon Musk announces

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The company is as quick as a flash given the excavation was completed last February.

Elon Musk announced via Twitter that the first operational tunnel under Las Vegas was almost done on Tuesday. “Tunnels under cities with self-driving electric cars will feel like warp drive,” wrote the founder of The Boring Company.

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Tesla Model 3 bucks trend of electric vehicles depreciating rapidly

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The average vehicle coming off a three-year lease has lost 52 percent of its value, but a Model 3 only loses about 10 percent, one study finds.

On average, your average new sedan depreciates 39 percent in its first three years. Trucks go down 34 percent. But electric vehicles drop an astonishing 52 percent, according to iSeeCars, which evaluated values of cars coming off lease.

The outlier is the Tesla Model 3—both compared to other EVs and the market as a whole—which iSeeCars estimates is worth only 10 percent less coming off lease after three years than when it was new.

Tesla’s technological advantages—real and perceived—are a big reason the 3 keeps so much of its value. They help keep the Model S and X above average as well.

For people who buy new vehicles, expected depreciation can be an important factor in trying to estimate what their shiny new object will be worth in a few years. The U.S. used-car market in recent years has seen electric vehicles suffer from particularly high depreciation rates, but there’s at least one EV that’s done playing by the rules.

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Quarterly sales of new cars in California down almost 50%

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Rosendo Nevarez makes the rounds at John Hine Mazda in Mission Valley on May 26, cleaning surfaces to maintain hygiene standards during the COVID-19 pandemic.

The numbers are in and the economic consequences wrought by the COVID-19 pandemic landed a body blow to new car sales in California, with dealers reporting a drop of 48.9 percent in the second quarter of this year compared to the same three-month period of 2019. Year-to-date vehicle sales are off 26.9 percent.

The statistics reflect the full effect of safety and social distancing protocols that kicked in by mid-March and dramatically curtailed or even temporarily shuttered some showrooms across the state.

“Obviously, with the fuller impact of the pandemic, it was very clear sales were going to drop at the end of the first quarter, beginning of the second quarter,” said Brian Maas, president of the California New Car Dealers Association. “The good news is they didn’t drop nearly as far as we initially feared. And while a nearly 27 percent drop is not ideal, it’s a lot better than it could have been.”

Dealerships have reported signs the market is regaining some footing as the economy tries to crawl back to some sense of normalcy. Economists with the new car dealers association predict new vehicle registrations in California will finish the year 22 percent lower than in 2019, falling from 2.09 million units to 1.63 million. They project the number to rise to 1.81 million in 2021.

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Tesla launches its own car wrap service

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Tesla has launched its own car wrap service through delivery centers starting with five cities in China. Could it be introduced in other markets?

Over the last few years, Tesla has reduced the number of color options on its vehicles in order to streamline production and facilitate repairs at service centers.

It resulted in many owners turning to wraps in order to get different colors and differentiate their vehicle from the increasingly larger Tesla fleet.

They had to rely on third-party suppliers and installers to wrap their cars.

But now Tesla is launching its own service through delivery centers in China.

The official Tesla customer service Weibo account announced it yesterday:

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Elon Musk says Tesla is launching an insurance company

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Tesla is about to get into the auto insurance game, CEO Elon Musk announced Wednesday.

On a call with investors, Musk said that Tesla is in the process of “building” what he called a “major insurance company,” Business Insider reports. By the end of the year, he hopes to have launched in a handful of U.S. states, generating premiums and rates for drivers based on data collected by their cars’ internal sensors.

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World’s first fully self-driving car will be ready this year, Elon Musk claims

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Tesla’s Autopilot software, which relies on various cameras and sensors to operate, can be updated remotely.

‘I’m very confident about full self-driving functionality being complete by the end of this year,’ he says. ‘It’s because I’m literally driving it’

Tesla CEO Elon Musk has said the electric car maker will have fully self-driving vehicles on the road by the end of the year.

During an earnings call with investors on Wednesday, the serial entrepreneur revealed that he is already testing an updated version of the firm’s Autopilot software on his commute to work in Los Angeles.

“It’s almost getting to a point where I can go from my house to work with no interventions, despite going through construction and widely varying situations,” he said.

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A look inside Tesla Gigafactory Nevada [Updated]

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The science channel got access to Tesla’s Gigafactory Nevada for their new show ‘Super Factories’ – giving us a rare new look inside the plant.

Tesla Gigafactory Nevada was the first major step in Tesla’s effort to secure battery cell supply for its ambitious growth.

The automaker partnered with Panasonic to deploy new battery cell production capacity at the facility and Tesla used those cells to build battery packs for its vehicles and energy storage products.

When originally announcing the plan for the factory, Tesla was talking about the plant producing 105 GWh of battery cells per year and 150 GWh of battery packs per year once completed.

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Tesla (TSLA): Elon Musk says ‘very close’ to level 5 autonomy complete

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Tesla (TSLA): Basic functionality for level 5 autonomy is complete this year, says CEO Elon Musk.

Today, Musk virtually attended the World Artificial Intelligence Conference (WAIC) in Shanghai and participated in a Q&A session.

Musk oversees several projects involving AI, but the most prominent one is Tesla’s effort to deliver a full self-driving level 5 system.

At the conference, Musk briefly discussed Tesla’s effort to reach full self-driving and showed great confidence in delivering such a system soon:

I am extremely confident that level or essentially complete autonomy will happen, and I think will happen very quickly. I think at Tesla, I feel like we are very close to level 5 autonomy.

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