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Tesla defies odds and paces up hiring to maintain market leadership

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Despite the automotive industry suffering through the challenges brought on by COVID-19, Tesla has defied the odds and continued to hire at a higher rate than average throughout the pandemic.

According to GlobalData’s Jobs Analytics database, hiring in the global automotive industry remained mostly flat, with job postings seeing decline in Q2 before showing signs of recovery in Q3 2020.

However, Tesla continued to hire in Q1 with only a slight decline in Q2. [Read more…] about Tesla defies odds and paces up hiring to maintain market leadership

Tesla: Is It Worth Your Money?

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To many, Tesla is a car company that manufactures electric cars or hybrid vehicles. While this is not wrong, the statement does not provide the full picture.

While they do manufacture cars, Tesla is actually an organization that is on a mission to “accelerate the world’s transition to sustainable energy.” Apparently, it sees the production of hybrid vehicles as a significant step in that direction.

Even with such a noble cause, like many other big companies, Tesla is not without controversy. Many of the issues hurled at the company are actually about their CEO Elon Musk who just happens to brush some partners the wrong way with his views. [Read more…] about Tesla: Is It Worth Your Money?

Tesla buys Perbix industrial automation company

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Electric car maker Tesla has acquired Perbix, a provider of industrial automation solutions, including robots. 

Tesla has been working with engineering company Perbix for some time, and lately has faced increased pressure in its manufacturing process.

The company says it has faced manufacturing “bottlenecks” as it attempts to meet the high demand for its new Model 3 electric car.  [Read more…] about Tesla buys Perbix industrial automation company

Tesla finding manufacturing tough as it struggles with too many orders

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The new Model 3 saloon car from Tesla is way too popular for its own good and the company is struggling to cope with the number of orders it’s being asked to deliver. 

Despite the “bottlenecks” in manufacturing, the electric carmaker says it is on course to sell 100,000 vehicles this year for the first time in its 14-year history.

And if things go to CEO Elon Musk’s forecasts, Tesla will be manufacturing 500,000 vehicles a year by the end of next year, according to Business Insider.  [Read more…] about Tesla finding manufacturing tough as it struggles with too many orders

Tesla begins production at its Gigafactory – said to be the largest battery manufacturing plant in the world

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tesla gigafactory
Tesla’s Gigafactory has almost 5 million square feet of operational space and when it’s completed, it will be the largest building in the world

lockTesla has started making lithium-ion battery cells at its brand new “Gigafactory” in Nevada, US. 

At almost 2 million square feet, the facility is said to be the largest battery manufacturing plant in the world – and that’s just for starters.

In a statement, Tesla says: “The current structure has a footprint of 1.9 million square feet, which houses 4.9 million square feet of operational space across several floors. And we are still less than 30 percent done. Once complete, we expect the Gigafactory to be the biggest building in the world.”  [Read more…] about Tesla begins production at its Gigafactory – said to be the largest battery manufacturing plant in the world

CFD Trading Market Prognosis For 2021

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Regardless of whether you are starting your way in trading CFDs or you are already experienced in online CFDs trading, you have to figure out where the market goes in the coming year and beyond. CFDs have grown a lot over the last decade and gained popularity amongst many investors as a way to deal with the volatility and make short-term investments with a relatively low initial capital. Our partners from the Invesous.com platform prepared a detailed analysis of the market for 2021 so that you can get ready and get the most of your investments. [Read more…] about CFD Trading Market Prognosis For 2021

CFD Trading Market Prognosis For 2021

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Regardless of whether you are starting your way in trading CFDs or you are already experienced in online CFDs trading, you have to figure out where the market goes in the coming year and beyond.

CFDs have grown a lot over the last decade and gained popularity amongst many investors as a way to deal with the volatility and make short-term investments with a relatively low initial capital.

Our partners from the Invesous.com platform prepared a detailed analysis of the market for 2021 so that you can get ready and get the most of your investments. [Read more…] about CFD Trading Market Prognosis For 2021

The impact of self-drive cars on the insurance industry

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When you think about it, the year 2021 sounds quite futuristic, doesn’t it?

If the film 2001: A Space Odyssey is anything to go by, we should be a further two decades of technology on from immersive interplanetary space travel by now – but unfortunately, we’ve underachieved a little on those goals.

While the sci-fi fantasists of the 1960s might be somewhat disappointed in what we currently have to offer, one mind bending technology that is making palpable and commercially viable strides forward is the self-driving car. [Read more…] about The impact of self-drive cars on the insurance industry

Electric SUVs Launching in 2021

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SUVs were known for their pollution but now they’re at the forefront of car development. Electric SUVs are eco-friendly, powerful, and gorgeous.

An electric car is a technological wonder in its own right. The cars are getting better by the minute, and they’re able to go for longer without charging.

Huge progress is being made when it comes to power, size, technology, and design. Electric cars really are the future. [Read more…] about Electric SUVs Launching in 2021

Automated trucks market offers ‘lucrative opportunities’ as investment in automation grows

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The innovation in automated trucks has made it possible to transport goods and materials without manual support, according to a new report by Fact.mr. The market itself offers “lucrative opportunities” to companies. 

The technology is hailed by the automotive sector since it has helped them in significantly curbing the risk of accidents caused due to negligence. Automated trucks also are considered an environment-friendly option for transporting goods since they use gas and energy in lesser volume.

Fact MR in its recent study has identified it as a thriving market that holds immense potential for growth. [Read more…] about Automated trucks market offers ‘lucrative opportunities’ as investment in automation grows

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