Tesla, the electric vehicle giant completed a three-for-one stock split on Thursday, dropping share prices from nearly $900 to $302. Tesla’s latest three-for-one split means that stockholders will get two additional shares for each share that they owned. This is Tesla’s second stock split in two years, intended to attract a new and diverse investor…
Driver to stand trial for crash that killed 2 in Gardena be aware of using autopilot Tesla operating on autopilot is going to stand trial which happened two and half years ago, in Gardena, the driver ran a red light and crashed into a vehicle, killing two people. And this week a Judge said the…
The BMW iX’s futuristic shape, sophisticated interior with re-engineered seats, transparent intelligent center console, and innovation will enhance your modern driving experience. The all-new BMW-iX xDrive50 boosts sports-car level acceleration, effortlessly racing from 0 to 60 mph in less than 5 seconds is also armed with dual electric motors, with outputs over 500hp, 10-80% charged…
Fortescue Metals buys Williams F1 battery arm and technology arm of the Williams Formula One racing team for £164m ($222.2m). Andrew Forrest Australia’s richest man, Fortescue’s founder and chairman, who is worth more than £13.3bn ($128bn) is buying the battery said “ This announcement is the key to unlocking the formula for removing fossil-fuel powered…
Nikola, an American electric-car start up company and pioneer in zero-emission trucks, offering pure electric and also hydrogen electric power across multiple who has delivered its first two vehicles to a customer operating at the ports of Loa Angeles and Long Beach, has dropped its US $2 billion suit against Tesla. The lawsuit filed in…
Tom Standage take us through the beginning around 3000 BC with the wheel and moving through the era of horsepower, trains, bicycles, and the rise of the car – and the future of urban transport – into a broader historical context. Our society has been shaped by the car in innumerable ways , many of…
A Tokyo court sentenced US Special Forces veteran Michael Taylor for two years in prison and is son Peter for one year and eight months for their role in ex-Nissan chief Carlos Ghosn’s escape from Japan in 2019, after the pair were extradited from the US over claims they smuggled Mr Ghosn out of Japan…
Part Lebanese, part Brazilian citizen Carlos Ghosn, made the escape of his life at 10:30pm on a cold December night in 2019, by slipping unnoticed through the streets of Tokyo, with the help of a large music equipment box to smuggled him out of Japan and the elation he felt when he landed in his…
In June 2010, while Ford Motors had a valuation of $38 billion compared to Tesla’s $1.3 billion. But 2020 swa fords valuation down to $28 billion while Tesla’s valuation shot up to $256 billion. Tesla ranks sixth among companies on the U.S. stock market and is now worth almost eight times GM and nearly 13…
There five brands of Electric vehicles with 40 per cent of the global EV market with over 1.3m EV car sales in 2020. Zeekr only launched a few days ago and they have pedigree, as the people that own then also own Volvo and their parent company Geely. Nio is China’s best-known homemade, high-end EV…