Tag Archives: Berlin

The race to make green hydrogen competitive is on

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans …

Read More »

Musk says Tesla Berlin and Austin factories losing billions of dollars

“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Tesla’s newest car factories in Texas and Berlin are losing “billions of dollars right now” …

Read More »

Tesla CEO Elon Musk opens electric vehicle plant

SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk will officially open Tesla’s first manufacturing facility in Europe on Tuesday as the company looks to take pressure …

Read More »

Tesla Berlin Gigafactory approval removes major overhang on the stock

A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Patrick Pleul | picture alliance | Getty Images A “major overhang” on …

Read More »

Tesla factory in Germany gains approval to start commercial production

A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Patrick Pleul | picture alliance | Getty Images Tesla has gained approval …

Read More »

Ford sells e-scooter division Spin to SoftBank-backed Tier Mobility

A person displays the SpinBike shared electric scooter application on a Apple Inc. iPhone X in San Francisco, California, on Friday, April 13, 2018.  David Paul Morris | Bloomberg | Getty Images Ford Motor Company is selling its e-scooter business, Spin, to German rival Tier in exchange for equity. The …

Read More »

Tesla shares rally on expectations German factory will open in March

SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Shares of Tesla rose more than 7% to close at $870.43 on Monday after reports out of Germany indicated that the company is close …

Read More »