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Tesla appears to be behind the acquisition, or “acqui-hire”, of a company developing direct drive motors for robots as it is being liquidated by Koch Engineered Solutions. Besides the SolarCity acquisition, Tesla has avoided large acquisitions despite a significant cash position. However, the automaker is known to have made several smaller acquisitions, especially in the
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With Tesla’s shareholder meeting still hours away, Tesla CEO Elon Musk shared charts suggesting that shareholders have approved two controversial ballot measures With Tesla’s shareholder meeting coming tomorrow, Tesla has been spending the last several weeks campaigning hard to get shareholders to vote. There are multiple shareholder proposals on the ballot, along with votes to
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Screenshot The Boring Company, which is owned by Elon Musk, announced that it finished digging a multi-million-dollar tunnel for Tesla underneath Gigafactory Texas. But why? On Monday, The Boring Company announced that its tunnel boring machine has emerged at the Tesla Gigafactory Texas south expansion: This completes the digging part of the tunnel, which connects
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