Google is racing (at 25mph) ahead in the self-driving car wars May 18, 2015 Fed up waiting for Tesla's self-driving car to emerge? Us too. Luckily Google has the answer. The Silicon Valley giant is releasing its prototype fleet of self-driving cars this summer ahead of a “small pilot” in the coming years. According to Chris Urmson, director of Google's self-driving car project, “a few” of the vehicles [...]
Tesla beats expectations as Elon Musk reveals 38,000 pre-orders for Powerwall home battery May 6, 2015 The figures Tesla increased production and sales of its electric cars in the first three months of 2015 as Elon Musk's company reported first-quarter earnings expectations that beat analysts' expectations. First quarter losses narrowed to $45m, or 36 cents per share, compared to a $50m loss in the same period last year and above analysts' [...]
Is Tesla’s new battery the next big threat to energy firms? May 4, 2015 Bruce Davis is director at Abundance Generation, says Yes. Tesla’s development of in-home energy storage will revolutionise the way we use electricity to power our homes. It will also be a game changer in the market for home solar power systems. The idea of the centralised utility company, providing mass-produced power, will be a thing [...]
Elon Musk was on the verge of selling Tesla to Google for $11bn and even “shook” on a deal with Larry Page April 20, 2015 The millionaire magnate behind the world's best-known electric carmaker was on the verge of selling his company to Google as it failed to turn a profit. Elon Musk's Tesla was about to fall into bankruptcy and the founder had begun negotiating with Google on a deal for the firm, according to a new book on [...]
Car review: The Tesla Model S P85D is seriously fast, with an “Insane” mode to scare off its rivals April 13, 2015 Tesla, the darling of the alternative-power car makers, has made more progress in a few short years than the likes of Ford, General Motors and even Toyota when it comes to electric cars. The American firm, co-founded by Elon Musk of PayPal fame, has not only made great strides technology-wise, but has also achieved much [...]
Elon Musk’s Tesla unveils new “entry level” Model S 70D April 8, 2015 Tesla, the electric car maker with the cult following, has just unveiled its latest model: the "entry level" Model S 70D. At just over $75,000 (£50,000), it's hardly a snip – but at 514 hp, it's almost as powerful as a Porsche 911…. The company's shares rose 2.9 per cent to $209.25 in pre-market trading, [...]
How to unlock creativity as a driver of success April 6, 2015 Most business people are clear that creativity is an essential driver of success. Companies like Apple, Google, Amazon, Facebook, Twitter, Virgin, Tesla, and Uber set the standard that others aspire to achieve. Regular surveys of business leaders rate creativity as the most important characteristic their organisation needs to show. There’s very little disagreement: creativity is [...]
In praise of solitude: What does time alone mean to you? April 2, 2015 Our phones never stop ringing. Emails flood our inboxes. Meetings are an integral part of our working lives (not to mention pre-meetings and de-briefings). Smartphones keep us connected with our friends and family during the day and our bosses when we’re at home at night. In 2015, most of us can quite honestly say they [...]
Warren Buffett: Grexit could be good for eurozone March 31, 2015 Warren Buffett believes a Greek exit from the eurozone could be beneficial for the region. The legendary investor and chairman of holding company Berkshire Hathaway waded into the issue currently dominating headlines of business publications across the continent. During a wide-ranging interview on US news channel CNBC, Buffett discussed electronic car manufacturers Tesla, the proposed [...]
Tesla share price jumps after Elon Musk teases new product line March 30, 2015 Elon Musk tweets, markets react. Tesla Motors saw its share price rise by over three per cent today after its founder, billionaire investor and inventor Elon Musk, tweeted that the company would be unveiling a "major new product line" next month. Musk added that the product would diverge from Tesla's main business of designing, manufacturing and selling electric [...]