ROME, ITALY | Xinhua | U.S. electric vehicle maker Tesla is in talks with the Italian government to open a production facility in the country, Italian media reported Tuesday. Tesla has been engaged in talks with the Ministry of Enterprises and Made in Italy for several months, with the plan …
Read More »China’s high-standard opening up offers promising prospects for foreign investors
BEIJING | Xinhua | Tesla has announced that its new mega factory project in Shanghai was officially launched and scheduled to begin production within the next year, following the establishment of its Shanghai Gigafactory in 2019, which is the first wholly foreign-owned vehicle manufacturing project in China and Tesla’s first …
Read More »Tesla CE Elon Musk donates US$2bn
Kampala, Uganda | THE INDEPENDENT | Tesla Chief Executive Elon Musk says he donated around $1.95bn (£1.6bn) worth of shares in his electric carmaker to charity last year, according to BBC. The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”. The filing did …
Read More »Tesla delivers 1st electric semi trucks
San Francisco, U.S. | Xinhua | Tesla on Thursday delivered the first batch of electric Semi trucks to PepsiCo at an event held at the company’s Gigafactory in Sparks in the U.S. state of Nevada. Tesla CEO Elon Musk drove one of three Tesla Semis in front of audience inside the …
Read More »Democratising innovation
Private firms undertake the bulk of R&D but governments fund it and must offer it direction COMMENT | DANI RODRIK | Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow …
Read More »E-car sales in Norway reach new record high in 2019
Oslo, Norway | AFP | Sales of new electric cars in Norway hit a record high last year, sector experts said Friday, reaching 42.4 percent of all nearly-registered cars in 2019, mostly thanks to strong demand for Tesla’s Model 3. Norway, a major oil producer that has pioneered electric mobility, …
Read More »Head of Tesla Autopilot project leaves for Intel
San Francisco, United States | AFP | The head of Tesla’s Autopilot project is leaving the car marker, amid a US government probe into a fatal accident involving a vehicle using the semi-autonomous driving system. The executive, Jim Keller, is moving to chipmaking giant Intel, both companies said Thursday. Keller’s …
Read More »MUSK: What’s Facebook?
San Francisco, United States | THE INDEPENDENT | Tesla chief Elon Musk has deleted Tesla and SpaceX from the world’s most popular social media platform Facebook. He announced his decision on twitter. “We’ve never advertised with FB. None of my companies buy advertising or pay famous people to fake endorse. Product …
Read More »Tesla expands its portfolio to produce solar roof tiles
Los Angeles, United States | AFP | Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes. “Global warming is a serious crisis and we need to do something about that,” company founder Elon Musk said during a news conference at …
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