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Stockreport

Former Tesla exec Drew Baglino's new startup is rethinking the electrical transformer [TechCrunch]

Tesla, Inc. (TSLA)  More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The new company, Heron Power, is raising between $30 million to $50 million for a Series A, according to the report, with Capricorn Investment Group pegged to lead the round. Baglino was a longtime employee at Tesla, starting at the company in 2006, two years before Elon Musk took over as CEO. He rose through the ranks, designing the powertrain for the first Model S and leading engineering for Tesla's battery storage products before being named senior vice president of powertrain and energy. Baglino left Tesla last April , the same time the company laid off 10% of its staff. In founding Heron Power, Baglino is tackling a part of the electrical grid that hasn't seen much innovation in over a century. Transformers have been largely unchanged in that time, and having been commoditized, the majority of them are now made overseas. Solid-state transformers are more capable than existing transformers, regulating dips in voltage that might arise from solar panels and wind turbines. T [Read more]
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Stockreport

Former Tesla exec Drew Baglino's new startup is rethinking the electrical transformer [TechCrunch]

Tesla, Inc.  (TSLA) 
More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The new company, Heron Power, is raising between $30 million to $50 million for a Series A, according to the report, with Capricorn Investment Group pegged to lead the round. Baglino was a longtime employee at Tesla, starting at the company in 2006, two years before Elon Musk took over as CEO. He rose through the ranks, designing the powertrain for the first Model S and leading engineering for Tesla's battery storage products before being named senior vice president of powertrain and energy. Baglino left Tesla last April , the same time the company laid off 10% of its staff. In founding Heron Power, Baglino is tackling a part of the electrical grid that hasn't seen much innovation in over a century. Transformers have been largely unchanged in that time, and having been commoditized, the majority of them are now made overseas. Solid-state transformers are more capable than existing transformers, regulating dips in voltage that might arise from solar panels and wind turbines. T [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS