Are markets too complacent about the US economy? January 3, 2018 The status of the US as the world’s most dynamic and important single country economy remains intact, not least among investors. Its strengths are now very much reflected in financial market valuations. This is evident in stocks, with the US having been at the vanguard of a multi-year bull run, while bond yields have reached [...]
SMMT: New car demand in the UK fell more than a quarter last month December 21, 2017 Car manufacturing in the UK slid last month as demand from domestic buyers tumbled, new data has shown. The Society for Motor Manufacturers and Traders (SMMT) said 161,490 cars rolled off UK production lines in November, 4.6 per cent down on the same month last year. The fall was driven by a 28.1 per cent [...]
AB InBev has ordered 40 Tesla Semi electric trucks to deliver beer December 7, 2017 Drinks giant AB InBev is the latest business to get an order in for Tesla’s electric truck. The maker of Stella Artois and Budweiser has put in an order for 40 of the vehicles, which are also have some driverless technology, to deliver its beers. Read more: Meet Tesla’s new Roadster: The fastest production car [...]
Investing in disruption: Is the US tech boom a bubble? November 28, 2017 It has been a fantastic year so far to be a technology investor. The Fang (Facebook, Amazon, Netflix, Google) stocks are leading again and are now up 33.6 per cent on average year to date. Add Tesla and Nvidia into the mix, and we have a group of businesses that capture the imagination of both [...]
Meet Tesla’s new Roadster: The fastest production car ever made unveiled alongside its new Semi truck November 17, 2017 Among all the excitement about Tesla’s – admittedly pretty snazzy – new electric truck, Elon Musk also managed to surprise with another announcement. That’s right: Tesla has unveiled a new version of its original sports car, the Roadster. Musk said it’s the fastest production car ever made, with the ability to do 0 to 100 [...]
DEBATE: With CO2 at record levels, does the UK need to prioritise clean energy? November 13, 2017 With CO2 at record levels, does the UK need to prioritise clean energy? Greg Jackson, founder of challenger energy firm Octopus Energy, says YES. It’s a stark reality that air pollution kills 40,000 people in this country every year. If the bodies lay where the problem did, your morning commute would be grisly. The scandal [...]
The trials and tribulations of tapping new tech November 7, 2017 "Neither Redbox nor Netflix are even on the radar screen in terms of competition.” Those are the words of Jim Keyes, the former chief executive of video rental giant Blockbuster back in 2008. Just five years after Keyes made that statement, Blockbuster went bust, swallowed whole by the mighty online streaming service that is Netflix. [...]
Tesla fires hundreds of employees after performance review October 14, 2017 Electric vehicle maker Tesla fired hundreds of employees this week following a performance review, according to reports. Tesla has not confirmed the number of dismissals, but Reuters reported a former employee said the number was around 400 and included associates, team leaders and supervisors, while the San Jose Mercury News put the number at between [...]
Electric shock – finding the winners and losers of the electric revolution October 11, 2017 The electric car – as a concept – is almost as old as the internal combustion engine (ICE). The first electric vehicle (EV) is credited, somewhat contentiously, to Scottish chemist Robert Anderson as far back as 1837. Thomas Edison is even rumoured to have explored a cheap electric car with Henry Ford as early as [...]
SpaceX CEO Elon Musk unveils plans to send humans to the moon and Mars by 2024 at the International Astronautical Congress September 29, 2017 It’s official: not content with pioneering reusable rockets and re-stocking the International Space Agency, Elon Musk now wants to use SpaceX to let people travel to the moon and start colonising Mars. During a 40-minute presentation at the International Astronautical Congress in Adelaide this morning, it was revealed that SpaceX will start making smaller rockets [...]