Tech

Tesla made $1.6 billion in Q3, is switching to LFP batteries globally

Enlarge / A Tesla factory. (credit: Getty Images) Tesla made a profit of $1.6 billion in the third quarter of 2021. It built 237,823 cars and delivered 241,391 cars in the process, ending Q3 with $1.3 billion in free cash flow and $16 billion in cash and cash equivalents. Impressively, these record results happened despite […]

Tech

This Swedish carbon-fiber battery could revolutionize car design

Doctor Johanna Xu with a newly manufactured structural battery cell in Chalmers’ composite lab, which she shows to professor Leif Asp. [credit: Marcus Folino ] Over the next few years, the batteries that go into electric vehicles are going to get cheap enough that an EV should cost no more than an equivalent-sized vehicle with […]