Tesla to hold ‘grand opening’ ceremony’ for its Gigafactory on July 29
According to several reports, electric vehicle manufacturer Tesla Motors' massive Nevada-based Gigafactory battery plant is scheduled to get a 'grand opening' on July 29 night.
The opening ceremony which Tesla has planned for the Gigafactory on July 29 will mark the first 'official' inauguration of the company's massive battery facility. Though the construction of the Gigafactory will not be fully completed by the company by the mentioned 'grand opening' date, the factory has been partially operational for the last few months.
Tesla's decision to officially 'open' the Gigafactory on July 29 will come after the recent completion of 14 percent of the factory by the company.
For the Gigafactory's opening ceremony, Tesla has sent out email invites to some Model S buyers. The Model S owners who have received the invites for the event - at which Tesla officials will be present - are the ones who successfully participated in the company's sales referral program by referring five buyers.
Meanwhile, though Tesla has confirmed that it plans to hold a customer-centric Gigafactory launch event on the night of July 29, it is not yet clear whether the company has invited media outlets to the factory's 'grand opening' ceremony.
The People’s Party (ÖVP) has won the parliamentary elections and 31-year-old leader Sebastian Kurz would be the youngest national leader in Europe. Kurz will be having a tough task of dealing with European leadership.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.