Tesla dominates carmakers in battery capacity deployed, including state-backed rivals in China

By Simon Alvarez Posted on May 17, 2019 Tesla might have left the first quarter of 2019 worse for wear due to delivery difficulties with the Model 3’s international ramp, but the carmaker still stands tall among its rivals in one key metric: battery deployment. In March alone, Tesla’s battery deployment completely left behind competitors, …

Tesla completes Maxwell acquisition, ushers another era of battery breakthroughs

By Simon Alvarez Posted on May 16, 2019 Tesla recently confirmed that it had completed the acquisition of Maxwell Technologies Inc., a California-based company that specializes in ultracapacitors and batteries. In a press release on Thursday, the electric car maker noted that it is transferring stocks worth over $235 million to take over Maxwell. The …

Baillie Gifford praises Tesla’s new leadership, says new CFO is great fit for Elon Musk

By Simon Alvarez Posted on May 14, 2019 Tesla’s (NASDAQ:TSLA) second-largest shareholder, Baillie Gifford, has been consistent with its support of the electric car maker, with James Anderson, a senior partner at the firm, even calling out the unethical activities of the company’s critics last year. Anderson spoke about Tesla again recently during an interview …