frojack writes:
"Tesla stock soared today, up over 17% at one point, on solid earnings reports, and also due to achieving the highest recommendation of all cars from Consumer Reports (Note, not linking direct to paywalled CR site). In addition, Tesla Motors Inc. is expected to make a big announcement regarding its 'gigafactory' battery plant this week. Tesla is rumored to be partnering with Japan's Panasonic Corp. or South Korea's Samsung Electronics Co. Ltd. The location of the factory is also yet to be determined, although analysts have bet on New Mexico or Arizona. One thing is sure: 'Tesla hopes to reinvent battery production like it already did to other parts of the auto supply chain,' one Wall Street analyst said.
Within the next few weeks, CEO Elon Musk will go to China to deliver the country's first Model S according to CNBC."
Related Stories
The USA Today and Reuters report that Tesla Motors and Panasonic announced their intention to open a factory in Buffalo, New York. Photovoltaic cells, and modules containing them, would be made there. Production might begin in 2017.
The two firms signed a non-binding letter of intent to make the cells for Tesla's stationary power storage units, the Powerwall and Powerpack.
The companies are already collaborating in the production of storage cells for rechargeable batteries.
previously:
- Tesla Soars on Financials and Ratings
- Elon Musk's Tesla Offers to Buy Elon Musk's SolarCity, Shares Tumble
- Tesla and SolarCity Reach Agreement to Combine
A rally in Tesla shares [...] briefly vaulted the company's market capitalization past the German luxury carmaker in early Friday trading. The amount of ground Tesla covered was vast: BMW was valued at a $30 billion premium as of early December.
[...] Short interest represented about one fourth of the shares as of the latest quarterly filing.
According to The Drive the three most valuable auto makers are "Toyota, Daimler, and Volkswagen."
Tesla stock sat at $357.32 after market close after trading as high as $376.87 on Friday.
—Silicon Valley Business Journal
related stories:
Tear-Down/Reviews on new BMW i3 Electric Car
BMW X3 May be Emitting a Greater Amount of Poisonous Gases than VW
Electric, Autonomous Cars Will Drive BMW's Continued Growth
BMW Boosts i3 Battery Capacity by 50 Percent—and it's Retrofitable
VW Responds to Diesel Scandal, Says "the Future is Electric"
Bob Lutz Thinks Tesla is Doomed
One in Seven New BMWs Sold in the US is an Electric Vehicle
Elon Musk's "Top Secret Tesla Masterplan, Part 2"
Elon Musk's Tesla Offers to Buy Elon Musk's SolarCity, Shares Tumble
Wall Street Values Tesla Motors at $620,000 for Every Car Delivered Last Year
Tesla Soars on Financials and Ratings
Tesla Stock Price Falls as Sales Target Cut to as Few as 50,000 Vehicles
Tesla Reaches 325,000 Preorders for Model 3, But Can It Deliver?
(Score: 0, Troll) by sudo on Thursday February 27 2014, @05:09AM
This story is trash. TSLA reported earnings last week. Thought /. was where we went for old news?
(Score: 3, Insightful) by cwix on Thursday February 27 2014, @05:22AM
Backlog of stories and the desire not to push them out to quick is my guess.
(Score: 1) by cwix on Thursday February 27 2014, @05:24AM
Sorry this was supposed to be a reply to comment 7795. I mush have clicked the wrong reply button.
(Score: 1, Informative) by Anonymous Coward on Thursday February 27 2014, @05:32AM
It was a reply to comment 7795.
(Score: 0, Redundant) by cwix on Thursday February 27 2014, @12:57PM
Hmm after I posted, it looked like a second commend. Well either way I screwed up lol, Mea culpa.
(Score: 2, Interesting) by sigterm on Thursday February 27 2014, @05:58AM
That's actually a very good question.
There are several interesting stories on the submissions list, so why aren't we seeing them on the front page? Is SoylentNews still in need of more editors?
(Score: 2) by nobbis on Thursday February 27 2014, @06:43AM
Agreed, plus we have a dupe on the front page, and a story about xenophobia that is outside the focus of this site
It's easy to look up when your mind's in the gutter
(Score: 2) by gringer on Thursday February 27 2014, @06:50AM
I don't think it's a lack of editor problem. Look at the time stamps on submissions -- it's a fairly consistent 1.5 hour separation, on the half hour/hour. I would expect less consistency in submission time if editors were a problem.
Ask me about Sequencing DNA in front of Linus Torvalds [youtube.com]
(Score: 3, Interesting) by TheRaven on Thursday February 27 2014, @01:47PM
So I don't seem to have the option of saying 'LaminatorX is the new kdawson'.
To avoid this post sounding too negative: Dopefish has managed to fill up the front page with interesting articles. Keep up the good work!
sudo mod me up
(Score: 5, Insightful) by Sir Garlon on Thursday February 27 2014, @02:35PM
Stories come from the community. If you want better stories, submit better stories. (I've submitted a couple, and they are not the most outstanding things ever to grace the front page of Soylent. Submitting a good story is not as easy as it sounds, I quickly learned.)
[Sir Garlon] is the marvellest knight that is now living, for he destroyeth many good knights, for he goeth invisible.
(Score: 2) by TheRaven on Friday February 28 2014, @09:26AM
Stories come from the community and are filtered by the editors. There are quite a few interesting stories in the submission queue, and yet LaminatorX managed to pick the ones that embodied the worst of Slashdot. Dopefish, in contrast, managed to pick a load of interesting articles from the same queue.
Given the posting rate of about one story per hour, the problem is not the shortage of submissions, it's poor choices by the editors (or, specifically, by one editor). Looking at the current submission queue, there are 48, and about a quarter of them look like they'd be interesting. That's enough for the next 12 hours, even if nothing else is submitted.
sudo mod me up
(Score: 5, Insightful) by Sir Garlon on Thursday February 27 2014, @01:31PM
Nope, ./ was where we use to go for flame wars and fanbois. Soylent is not about the fresh news, it's about the discussion. We can discuss a week-old story just fine, thank you very much. I think the editors are doing a great job.
If you are dissatisfied with the timeliness of the stories, perhaps you'd care to submit a few and help keep us up to date.
[Sir Garlon] is the marvellest knight that is now living, for he destroyeth many good knights, for he goeth invisible.
(Score: 5, Interesting) by edIII on Thursday February 27 2014, @05:45AM
Betting on New Mexico getting it.
Arizona is a very toxic place to businesses at the moment. They are not endearing themselves to anyone with the rampant and bigoted legislation in the last few years.
Not a solid bet to any company seeking to create major infrastructure and move/hire thousands of employees in the state.
Technically, lunchtime is at any moment. It's just a wave function.
(Score: 3, Insightful) by Lagg on Thursday February 27 2014, @06:12AM
http://lagg.me [lagg.me] 🗿
(Score: 1) by Yog-Yogguth on Thursday February 27 2014, @08:17AM
For someone aiming at Mars (Musk that is, SpaceX etc.) I would think this makes for a fantastic win-win situation :)
[Not that McGregor, Texas ("SpaceX Rocket Development and Test Facility") or some land not far from Boca Chica Beach, Brownsville, Texas (for a launch pad all on their own) look particularly wet and humid, and that's despite Boca Chica Beach being right next to the Mexican Gulf lol.]
Bite harder Ouroboros, bite! tails.boum.org/ linux USB CD secure desktop IRC *crypt tor (not endorsements (XKeyScore))
(Score: 3, Interesting) by Grishnakh on Thursday February 27 2014, @03:30PM
New Mexico is a backward state too. That's the state where some poor guy driving through was pulled over for DUI (wasn't drunk, or so he claims), then locked up for two years in solitary confinement without any kind of trial at all. They finally remembered they put him there, let him out, he sued and won $15M, but the guy's a complete wreck now. NM isn't much better than Florida, it just has much less population so there's less crazy crap going on due to that. I wouldn't live there.
If they want to build a new factory somewhere, the rust-belt states are probably a good location (they used to be highly industrial before anyway), or maybe Oregon or Washington. Oregon is home to several of Intel's newest and most advanced fabs, and Washington is home to Boeing, so they're both already experienced with high-tech manufacturing. Both of them are very close to the Bay Area (where Tesla is located), and neither of them push for the idiotic auto dealership-supporting laws that some other states have been pushing and passing.
(Score: 2) by edIII on Thursday February 27 2014, @07:01PM
I never knew anything substantive about New Mexico.
Tesla would be far better off in the areas you suggest.
Two years being forgotten? That's not just 15 million. Some people needed to go to prison too for that level of gross negligence that resulted in harm. No excuses for that. Simply amazing.
Technically, lunchtime is at any moment. It's just a wave function.
(Score: 5, Insightful) by Grishnakh on Thursday February 27 2014, @09:11PM
The problem is that this is law enforcement, and they almost never go to prison for their negligence or even attempted murder or any other crime they commit. Did LAPD officers to go prison for their attempted murder when they emptied their magazines shooting at a pickup truck with two women in it, thinking that Chris Dorner was in it? (Their pickup didn't look anything like Dorner's truck, its only commonality was that it was a truck.) Nope.
(Score: 2, Funny) by fortyseven on Friday February 28 2014, @02:42AM
I'm betting on Roswell, NM.
(Score: 4, Interesting) by Phoenix666 on Thursday February 27 2014, @09:35PM
One of the perennial charges levied against electric cars by advocates of the ICE industry is the inadequacy of battery technology. This factory, and the economies of scale that come with it, rather undermine that. Setting aside all the posturing, won't it be nice to have your car recharge at your house overnight without doing anything special? I live in the city, but imagine living in the suburbs without ever having to visit another gas station or be left vulnerable to a Hurricane Sandy-style supply disruption again quite attractive. The prospect of my dollars not going to Saudi Arabia to fund wahabist madrassas to train terrorists to kill me & mine is a bonus.
Washington DC delenda est.
(Score: 1) by timbim on Friday February 28 2014, @07:14AM
Unless the power goes out, then you're fucked.