Industry — Tesla

Tesla is building a pilot battery cell manufacturing line in Fremont If you needed more proof that Tesla is going to make its own battery cells, we’ve now learned that Tesla is building a pilot battery cell manufacturing line in Fremont and designing its own equipment to produce the cells. For a few months now, Tesla has been rumored to be working on making its own battery cells for its electric vehicles. It started with the acquisition of Maxwell, a supercapacitor manufacturer with some battery cell technology, and later at its annual shareholder’s meeting, Tesla all but confirmed that it’s going...

Tesla Will Stay Public, For Now Tesla ( TSLA) said in a late-night post on Friday that it will not be going private.   Full statement:   "Over the past several weeks, we put in place a process led by a Special Committee of the Board to evaluate a proposal Elon was considering to take Tesla private. Yesterday, we held a Board meeting, during which Elon reported on the work he and his advisors have been doing in connection with this effort. Elon communicated to the Board that after having done this work and considered all factors, he believes the...