Tesla Invests $218 Million to Improve Car Batteries
» Posted February 27, 2019 Resources | Share This Post
Elon Musk and company are pouring some big bucks into bolstering their battery power. Tesla plans to spend $218 million to make their electronic cars run longer on one charge and ensure that their batteries are easier to refill.
Tesla recently announced that has purchased Maxwell Technologies, an ultracapacitator manufacturer based in San Diego. CEO Musk believes those devices can help electric car batteries store and deliver energy cheaper and quicker than Tesla is doing it now.
“We are always looking for potential acquisitions that make sense for the business and support Tesla’s mission to accelerate the world’s transition to sustainable energy,” the company told CNBC.
The move comes as Tesla has also partnered with Volkswagen to bolster charging in the U.S. for the German automakers new line of electric vehicles. Tesla has agreed to supply Powerpack batteries for 100 VW charging stations across the country. The collaboration is meant to ease the amount of juice that those charging stations suck from the electric grid during busy times.
How the California Lemon Law Works
The Tesla news is yet another example of automakers spending a lot of cash to improve their vehicles. The truth, however, is that many cars still leave the factory with serious defects. That can make getting on the road a dangerous experience for everyone involved.
It’s important for California car buyers and lessors to be aware of their rights under the state’s lemon law. The law requires car manufacturers to make certain repairs on a defective vehicle while it’s under warranty. A carmaker is also required to replace the vehicle or compensate the owner/lessor for the purchase price and related expenses if the repair attempts aren’t successful.
To be covered by the law, an owner or lessor has to take certain steps to make the manufacturer aware of the problem and document efforts to repair the vehicle. An experienced California lemon law attorney can guide you through the legal process and help you build the strongest possible case.
Talk With an Experienced California Lemon Law Lawyer
If you’re a California car owner driving a lemon, it’s important to understand your legal rights. A seasoned lemon law attorney can help you protect those rights.
The California Lemon Law attorneys at the Bickel Law Firm have represented hundreds of clients in defective vehicle cases across the state. We take the time to understand each client’s unique individual needs and we work aggressively to get the people we represent the compensation they deserve.
Our offices are conveniently located in San Diego, Los Angeles and San Francisco. Call us at (888) 800-1983 or contact us online to speak with an attorney.