Tesla

Tesla will face challenges with a new battery technology, experts say

Elon Musk announces a future $25,000 EV at Tesla's Sept. 22 "Battery Day" event. <p class="copyright"><a href="https://www.youtube.com/watch?v=l6T9xIeZTds&feature=emb_logo&ab_channel=Tesla" rel="nofollow noopener" target="_blank" data-ylk="slk:Tesla on YouTube" class="link rapid-noclick-resp">Tesla on YouTube</a></p>
Elon Musk announces a future $25,000 EV at Tesla’s Sept. 22 “Battery Day” event.

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Climate commitments erupted from this week — Climate Week — like popcorn from seed, oil from a pressurized well, electrons from solar cells. 

China, the world’s top emitter, made a surprising pledge to reach net-zero emissions by 2060. California said it would ban sales of new gas-guzzling cars by 2035. Meanwhile,

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How Tesla defined a new era for the global auto industry

Tesla’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.

Tesla’s ascent took many investors by surprise. But executives at Daimler AG, the parent company of Mercedes-Benz, had a close-up view starting in 2009 of how Tesla and its chief executive Elon Musk were taking a new approach to building vehicles that challenged the established system.

Daimler, which bears the name of the man who invented the modern car 134 years ago, bought a nearly 10% Tesla stake in May 2009 in a deal which provided a $50 million lifeline for the struggling start-up.  

That investment gave Mercedes engineers an inside view of how Musk was willing to launch technology that wasn’t perfect, and then repeatedly upgrade it, using smartphone-style over-the-air updates,

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