Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin

News

Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin

13.10.2020 News

Shares of Tesla rose by 2.73% to $ 425.30 on Wednesday amid overall stock index growth, however, this growth was lower than the growth of shares of competitors such as Ford, General Motors and Chinese automaker NIO, which rose by 3.58%, 4% and 4.3% respectively. Tesla’s current share price of $ 77.19 is below the 52-week high of $ 502.49 reached on September 1.

On Wednesday, Tesla`s CEO, Elon Musk, said that the next year at its plant in Berlin, the company will produce the Model Y with “significant production risk” as will work on a new design of the battery and with the new technologies. The Tesla plant in Berlin is scheduled to launch in the second half of 2021.

Musk noted that Tesla’s plants in Fremont and Shanghai would take about two years to implement the new technology.

Other articles

  • Musk promises that the Tesla plant near Berlin will become the world’s largest battery manufacturer
    News

    Musk promises that the Tesla plant near Berlin will become the world’s largest battery manufacturer

    Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]

  • Tesla’s value rose above $ 500 billion
    News

    Tesla’s value rose above $ 500 billion

    Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]

  • Elon Musk is the second in the list of richest people in the world
    News

    Elon Musk is the second in the list of richest people in the world

    Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index. Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to […]

  • General Motors reports profit growth of 74%
    News

    General Motors reports profit growth of 74%

    Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]

  • Tesla has tripled insurance payments to Elon Musk
    News

    Tesla has tripled insurance payments to Elon Musk

    Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]

  • Tesla began supplying Model 3 Chinese sedans to Europe
    News

    Tesla began supplying Model 3 Chinese sedans to Europe

    Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]

  • General Motors introduced the concept of electric car
    News

    General Motors introduced the concept of electric car

    Automaker General Motors has introduced the Buick Electra Concept. The electric car is designed for four people and has a minimalist design. The car can travel more than 660 km without recharging. It takes 4.3 seconds to accelerate to 100 km / h. The total power of the two engines reaches to 583 horsepower. It […]

Read also

Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Delta Air Lines intends to lay off about two thousand pilots

During the pandemic, Delta lost three-quarters of its revenue over the same period last year. The company can avoid layoffs if management and the trade unions will be able to conclude an agreement to cut costs, and the White House will continue to provide subsidies to airlines. Currently, the airline employs 11,200 pilots. Back in […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Georgian Manganese, controlled by shareholders of Privatbank, stopped the work of Chiatura manganese mine until the spring

Georgian Manganese temporarily suspends all works on the extraction and enrichment of manganese ore in the Chiatura mine (formerly JSC “Chiaturmarganets”, Georgia, Imereti). According to American Metal Market, the activities will be stopped starting from January 20, due to poor market conditions in the global markets of steel products. Stop of Enterprice , which is […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Investment from China: $ 1.5 billion in Kyiv transport infrastructure

According to Ilia Sahaidak – a deputy chairman of the KSCA, a building company CRBC from China intends to implement the “turnkey construction project” of Velyka Kiltseva Doroha, the track Nyvky – Brovary, and in addition, road interchange near the metro station Shuliavska. Sahaidak noted that the Chinese company in this matter demonstrates great skill […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Polish IT-company will become a part of Ukrainian SoftServe

January 17 of this year it became known on completion of the procedure of purchase of one of the largest in Eastern Europe IT-company SoftServe assets of Polish developer Coders Centre software, as reported online edition Inventure. The exact amount of the said financial transaction is not advertised, but experts believe that it is between […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Two bankrupt banks try to return on the market

A head of the National bank of Ukraine appeals to law enforcements  with the request  to inspect Soyuz and Veles banks. It returned  to work in spite of the fact that the Central Bank had decided its liquidation.  V.Gontareva informed on Thursday that  these two banks recently had renewed its work. NBU stopped its functioning […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

The US and the EU will end the trade dispute between Boeing and Airbus

Authorities in the United States and the European Union have agreed to end a long-running trade dispute over the aerospace concerns Boeing and Airbus, which has resulted in mutual tariffs of more than $ 10 billion, said Catherine Ty, the US representative at the trade talks. “The US-EU agreement marks significant progress in reaching a […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Ukraine has extended the embargo on Russian goods

According to Resolution №269 of March 29, wheat, sunflower oil, detergents, newsprint, cardboard, craft paper and craft cardboard, toilet paper, cosmetic wipes, hand towels, tablecloths and napkins were added to the list. The list also includes boxes, boxes, bags, packages, rope made of other alloy steels, drilling tools, and other carts and running balancing carts, […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Asian company Wilmar will invest funds in building enterprises in Ukraine

The Wilmar company plans a further expansion in Ukraine. This was told by the Chairman of the Board of Directors of the company “Delta Wilmar CIS” Dhuraba Charan Panda, said the Forbes publication. For example, in the B2C segment by building a new or purchasing an existing Ukrainian enterprise. The final choice has not been […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings

Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Another Ukrspirt plant was sold at auction for 90 million

The State Property Fund held an auction for the privatization of the property of the Ivankivka distillery located in the Cherkasy region. According to its results, the state budget should receive 90 million hryvnias, according to the agency’s website. It is noted that six participants competed for ownership at the open auction, which increased the […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Creative will return its grain elevator in a court case

According to the statement of the new management  of the Creative company was opened a criminal proceeding  for illegal withdrawal of the group’s assets. It is reported by the  “Ukrainian News”. In February 2016 Holosiivskyi District Court of Kiev ordered the freezing of assets of the companies “Protein-Production”, “League” and “Yagotynske HPP”. Seizure of assets […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Robot has learned how to cook 19 dishes and will replace some of the staff in the kitchen

The robotics company Miso Robotics has launched the robot Flippy, which is able to replace part of the staff in the kitchen of the restaurant. “Flippy goes on sale in the midst of the pandemic and supports the cooking of 19 different dishes, including fries and burgers made of the artificial meat of the Impossible […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

China will not sell TikTok to Americans

Beijing believes that the terms of the agreement of selling the US division of TikTok to Oracle and Walmart threaten China’s national security. According to Reuters, referring to the Chinese the Global Times, Beijing will not accept such conditions. At the same time, there has been no official government statement on the issue yet. The […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

In the United States, the victim of hackers was one of the largest companies of the medical services

The computer system of the American medical company Universal Health Services, which has a membership of over 400 medical institutions, has become the object of attack by hackers that demand the ransom. This was reported by CNBC, citing sources from the company’s employees. According to the TV channel, computers in the various institutions of the […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Naftogaz announced a sharp increase in profits

Naftogaz states that in the first quarter of 2021 they received a net profit of UAH 12.6 billion against UAH 3.2 billion a year earlier. The group’s CFO Petrus van Drill said so. “I am pleased to announce that the net profit in the first quarter of 2021 is UAH 12.6 billion (unaudited preliminary result, […]

Next
Tesla plans to produce the Model Y with the new technology battery at the plant in Berlin
News

Insurance Group TAS, which was owned Tihipko sold to a Cyprus company

The National Committee of state regulation of the financial services allowed the Cypriot company Bailican Ltd. establish control over the Insurance Company “TAS” and Insurance Group “TAS”. The National Committee of state regulation of the financial services, July 12, according to the order number 1667, allowed to a Cypriot company Bailican Ltd. indirectly acquire 99.9559% […]

Next