Tag: transportation
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Tesla just missed its goal of delivering half a million vehicles last year
Elon Musk. Odd Andersen/AFP via Getty Images Tesla had established a goal of 500,000 deliveries for 2020. On Saturdayit announced it missed the target by 450 vehicles. Some analysts had stated the ambitious target could be tough to reach due to a slump in auto sales during the coronavirus pandemic. The company attained its production…
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Apple might take until 2027 to launch its ambitious car: Kuo
Just over a week before, a Reuters report claimed that Apple is targeting 2024 to begin the production of its first electric passenger automobile which has been in development for a while today under the name Project Titan. Since the report came outthat the business has been abuzz with speculations and whether Apple’s entry to…
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Wall Street analysts tore down 7 competing car batteries. They found Tesla once again at the front the pack.
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai Reuters Tesla’s held a comfortable lead on electric-vehicle manufacturing and sales for years, after virtually inventing the industry on its own. But now it’s not the only player in town, and competitors are quickly catching up, according to UBS. …
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Alibaba vies for a piece of China’s booming EV market
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China,…
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Tesla will join the S&P 500 in December after being snubbed earlier this year
Shares of Tesla spiked by more than 13% on the news. Reuters Tesla will join the S&P 500 on December 21, S&P Dow Jones Indices announced Monday With a market cap of nearly $400 billion, Tesla is set to join as one of the 10 most valuable companies in the index. S&P Global did not…
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Elon Musk’s Boring Company is setting up operations in Austin
Elon Musk’s tunneling and transport start-up The Boring Company is eyeing Austin because of its next job based on several new project postings. The Boring Company, that last year acquired a deal to build and run a “people Agency ” for the Las Vegas Convention Center, tweeted Monday which was was hiring in Austin. Engineering,…
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Virgin Hyperloop completed the first passenger ride in its levitating transport system, reaching speeds faster than 100 mph
Virgin Hyperloop executives Josh Giegel, its Chief Technology Officer, Also Sara Luchian, Director of Passenger Experience. VIRGIN HYPERLOOP/Handout via REUTERS Virgin Hyperloop on Sunday hauled passengers on its own high-speed pod system for the first time ever. The hyperloop pod attained speeds of 107 mph, also took 15 minutes to travel 500 metres at Virgin’s…
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Elon Musk said Tesla is about to hike the price of its ‘full self-driving’ software by $2,000
Joe Skipper/Reuters Tesla is increasing the cost of its”full self-driving” applications by roughly $2,000, its CEO Elon Musk announced on Thursday. The price of the helped driving add-on will rise on Monday, October 26, to $10,000. It follows that the limited beta launch of the applications on Tuesday. Tesla has raised the cost of its”full…
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Tesla’s decision to scrap its PR department could create a PR nightmare
Ayelet Noff Contributor Share on Twitter Ayelet Noff is the creator and CEO of both SlicedBrand, a top global PR agency headquartered at Berlin. A strong public relations team solves many issues within a firm. It helps spread important news announcements and issues integral to a company’s success. It communicates with the press in a…
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Proterra, which makes big honkin’ battery systems and electric buses, raises $200 million
Proterra, the battery powered system technology programmer for heavy-duty electric cars, said it has raised $200 million in a new form of funding. The new cash comes in Cowen Sustainable Investment Advisors, which led the round, Together with money from Soros Fund Management, Generation Investment Management and Broadscale Group. Cowen took the majority of the…