Tech giants help to keep Wall Street flat – New York Report October 20, 2015 A drop in healthcare and biotech stocks offset gains in United Technologies and Verizon yesterday as US stocks ended down slightly. A 5.7 per cent drop to $140.64 in IBM also weighed on the market. The stock hit a five-year intraday low at $140.28 after it reported a bigger-than-expected fall in quarterly revenue and cut [...]
Elon Musk is about to put thousands of driverless cars on the road – but drivers of Tesla Model S with Autopilot have been warned: Keep your hands on the wheel October 15, 2015 Did the future just arrive on the world's roads and we didn't even notice? Cult electric car maker Tesla said last night that it's about to push an update to 60,000 of its Model S vehicles which will allow them to autonomously park (including finding a parking spot) and change lanes. Elon Musk, the company's [...]
The war on the driver is a war on freedom – and autonomous cars are part of the problem October 14, 2015 Freedom-hating municipal politicians have it in for the motorist: London has its congestion charge, Dublin is closing off ever more of its urban core, and Paris is now experimenting with sporadically banning all private transport. Young people, faced with turbo-charged costs, onerous restrictions and absurd taxation – not to mention rising housing costs – [...]
Elon Musk: Apple hires the engineers Tesla fires October 9, 2015 Elon Musk has lashed out at Apple, suggesting the company is the “Tesla graveyard” which hires his company's rejects. The outspoken chief executive and billionaire investor has hit back at suggestions Apple has been pinching Tesla’s engineers as it pushes into the car sector, saying in an interview with German newspaper Handelsblatt that Apple is where you go [...]
Tesla Model X SUV price and release date UK : Everything you need to know about Elon Musk’s new electric car priced at £90,000 October 1, 2015 Three years after it first unveiled the prototype, Silicon Valley electric car makers Tesla have finally launched the Model X. It's the company's third car and has arrived two years later than initially planned due to difficulties posed by the ambitious design behind the world's first luxury electric SUV. Tesla are now taking reservations with [...]
Tesla’s long-awaited Model X SUV electric car is getting ready to hit the road September 29, 2015 Today is a big day for those who pre-ordered Tesla's Model X electric car. After years of delays, the company is finally unveiling the SUVs to these eager consumers – but they are still months away from actually getting their hands on the cars. At a special ceremony held in the company's plant [...]
Tesla drives towards 2020 target of 500,000 cars with European factory September 27, 2015 TESLA, the electric car manufacturer, has opened a factory in the Netherlands to help boost European sales. The company announced on Twitter over the weekend it was opening the factory in Tilburg to assemble the Model S sedan and carry out final quality checks. The factory also boasts the first indoor production track in Europe. [...]
Car share prices including BMW, Peugeot, Daimler, Renault and Tesla are tanking in the wake of Volkswagen’s emissions cheating scandal September 24, 2015 Car share prices are tanking today as investors flee the sector amid concerns the emissions scandal engulfing Volkswagen could upset other firms. By the afternoon, firms including BMW, Daimler, Peugeot, Renault and Tata Motors were all in the red. Volkswagen was one of the few to actually see a bounce – though given that the [...]
An enduring bond September 20, 2015 Aston Martin’s Simon Sproule talks balancing growth and exclusivity THE UK has long distinguished itself as a leader in luxury goods. Increasing wealth in the Gulf states and the Far East has opened up opportunities in new markets for high-end brands with a heritage. But when exclusivity is so important to a brand’s appeal, pursuing [...]
Why the Internet of Things is just one part of a much bigger prize September 9, 2015 By now you’re most likely familiar with the Internet of Things, the phrase often used to describe the growing network of once-inanimate objects that are becoming smart, Wi-Fi-connected devices. Some are extremely innovative – a British inventor has just created smart wallpaper, which uses magnetic charges to flip ‘physical pixels’ in fabric, creating potentially [...]