Tesla has once again tapped another Canadian battery startup in efforts to develop and manufacture high-quality, dependable, and long-lasting electric vehicle batteries. Documents of the transaction suggest Tesla acquired three separate patent applications from Canada’s Springpower International for only $3.00.
Tesla reportedly purchased several patent applications from Springpower International, a small, Canadian company that was established in 2010. The company’s website has gone nearly blank after the reports, only giving information to those who inquire through Springpower’s email.
Interestingly, Tesla purchased the patents just two weeks before the Battery Day event that was held in September 2020, TechCrunch reports. The site found the patent transaction records, which show that Tesla purchased several applications for a total of $3. The document states, “Therefore, for $3.00 and good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows…” The preceding words outline the transfer of patents from Springpower International Inc. to Tesla, Inc.
The three patents that were transferred to Tesla are “Innovative Process to Produce Cathode Materials for Rechargeable Lithium-Ion Batteries” (US 62/899,677), “Process for Recovering Materials from Spent Rechargeable Lithium Batteries” (US 62/951,735), and “Method to Produce Cathode Materials for Li-Ion Batteries” (US 62/652,516). The patents are similar to the processes CEO Elon Musk, and Senior VP of Engineering Drew Baglino outlined during the Battery Day event and could translate to Tesla’s future methods for battery manufacturing.
Tesla unveiled the new 4680 battery cell at Battery Day. Tesla plans to make the cell in-house, but it will also be produced by several of the automaker’s suppliers, like LG Chem and Panasonic. The new cells offer exponentially more energy, six times the power, and more range as Tesla attempts to expand its production efforts to help EVs reach price parity with gas-powered cars.
Tesla debuts new 4680 battery cell: 500% more energy, 6X power, range increase
Additionally, it seems that several Springpower employees have also transitioned to roles with Tesla. One is Yang Liu, a Senior Research Engineer for Tesla, who previously worked for Springpower as a Research and Development Chemist. He made the switch to Tesla in September when the Battery Day event took place. Amrit Bhogan, a Cell Engineering Technician at Tesla, also transitioned to the Silicon Valley-based electric carmaker in September after previously working for Springpower as a Chemical Technologist.
Tesla has previously used Canadian battery companies to advance its lithium-ion cell technology. Tesla acquired Hibar Systems, a company that was based in Ontario and produced battery cells. The acquisition of Hibar by Tesla followed the automaker’s purchase of Maxwell Technologies, a California-based producer of ultracapacitors and batteries, in May 2019.
Tesla has also utilized the expertise of Jeff Dahn, a battery researcher at Canada’s Dalhousie University, along with his cell research team at the institution. Dahn and Tesla recently extended their partnership in a five-year extension.
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Starlink goes mainstream with first-ever SpaceX Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
SpaceX aired its first-ever Super Bowl commercial on Sunday, marking a rare move into mass-market advertising as it seeks to broaden adoption of its Starlink satellite internet service.
Starlink Super Bowl advertisement
SpaceX used the Super Bowl broadcast to promote Starlink, pitching the service as fast, affordable broadband available across much of the world.
The advertisement highlighted Starlink’s global coverage and emphasized simplified customer onboarding, stating that users can sign up for service in minutes through the company’s website or by phone in the United States.
The campaign comes as SpaceX accelerates Starlink’s commercial expansion. The satellite internet service grew its global user base in 2025 to over 9 million subscribers and entered several dozen additional markets, as per company statements.
Starlink growth and momentum
Starlink has seen notable success in numerous regions across the globe. Brazil, in particular, has become one of Starlink’s largest growth regions, recently surpassing one million users, as per Ookla data. The company has also expanded beyond residential broadband into aviation connectivity and its emerging direct-to-cellular service.
Starlink has recently offered aggressive promotions in select regions, including discounted or free hardware, waived installation fees, and reduced monthly pricing. Some regions even include free Starlink Mini for select subscribers. In parallel, SpaceX has introduced AI-driven tools to streamline customer sign-ups and service selection.
The Super Bowl appearance hints at a notable shift for Starlink, which previously relied largely on organic growth and enterprise contracts. The ad suggests SpaceX is positioning Starlink as a mainstream alternative to traditional broadband providers.
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.
Starlink goes mainstream with first-ever SpaceX Super Bowl advertisement
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
