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

General Motors looks to California for its next lithium supply

Enlarge / In an aerial view from a drone, the bottom of the Salton Sea becomes exposed as its waters recede on February 13, 2021, near Calipatria, California. (credit: David McNew / Getty Images) The world’s automakers are going to need a jaw-dropping amount of lithium as they transition to building electric vehicles en masse. […]

Tech

Eternally five years away? No, batteries are improving under your nose

Enlarge / What year, again, does Mr. Fusion show up to compete with Tesla et al? (credit: Universal Pictures) It’s hard to write about battery research around these parts without hearing certain comments echo before they’re even posted: It’ll never see the market. Cold fusion is eternally 20 years away, and new battery technology is […]