Browsing the "Industry News" Category

The Gigafactory Is Really, Really Big!

July 28th, 2016 | by Steve Hanley

Elon Musk, JB Straubel, and Yoshihiro Yamada gave a joint press conference at the Gigafactory on Tuesday. They talked about how large the factory is, the new cell format that will be made there, and their business relationship.

Samsung In Talks To Purchase Shares Of BYD

July 16th, 2016 | by Steve Hanley

Samsung is reported to be in talks to buy a stake in BYD, one of China's largest manufacturers of electric vehicles. The deal would give Samsung a foothold in the expanding Chinese market for computer chips and memory devices.

Faraday Future Hits Speed Bump In Nevada

July 6th, 2016 | by Steve Hanley

Nevada's treasurer refuses to approve the bonds needed to pay for infrastructure improvements for the company's proposed $1 billion factory in North Las Vegas. He thinks the finances behind the company are shaky and taxpayers could be at risk.

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