A prototype flying car has completed a 35-minute flight between international airports in Nitra and Bratislava, Slovakia. The hybrid car-aircraft, AirCar, is equipped with a BMW engine and runs on regular petrol-pump fuel. Its creator, Prof Stefan Klein, said it could fly about 1,000km (600 miles), at a height of 8,200ft (2,500m), and had clocked …
The Tesla Model 3 with pure vision Autopilot may have already secured a Top Safety Pick+ rating from the Insurance Institute for Highway Safety (IIHS), but CEO Elon Musk believes that Tesla could still do better. In a post on Twitter, Musk noted that Tesla would be looking to achieve maximum safety scores in the …
China cracking down on bitcoin mining and Elon Musk suspending Tesla’s acceptance of bitcoin due to the large amounts of energy it takes to mine have both contributed to the cryptocurrency losing almost half its value from its high of over $64,000 in April. It’s also making it hard for even bitcoin bulls to ignore …
RBC Capital Markets has issued a quick update on its estimates for Tesla’s (NASDAQ:TSLA) second-quarter results. According to the firm, Tesla would likely deliver 195k vehicles this Q2, which is impressive but lower than the Street’s current consensus. RBC also highlighted the growing importance of China to Tesla’s numbers, as well as some factors …
Lucid Motors CEO Peter Rawlinson recently shared some notable updates on the Air, the company’s first production vehicle, as well as his thoughts about the developing electric vehicle market. According to the CEO, the battle for the EV segment will be won with technology, and in this light, Lucid is looking to make the market …
In a recent note about Tesla’s future in China, Morgan Stanley (MS) acknowledged the company’s tendency to attract exaggerated media coverage. The investment bank shared some insights from its China Autos and Auto-related team in a note about American EV company. Morgan Stanley’s China team pointed out that local consumers still support Tesla despite mixed …
A new 142-Tesla Megapack project has been turned on in California’s Ventura County to create a giant new battery that is replacing a gas peaker plant. The project is called the Saticoy battery storage system, and it came about when the local community in Oxnard fought against having a new gas-powered peaker plant to help …
When Tesla started rolling out Tesla Vision for the Model 3 and Model Y, the company announced that for a short time, vehicles with pure vision Autopilot might be delivered with some features temporarily limited or inactive. These features included Smart Summon and Emergency Lane Departure Avoidance. Autosteer was also limited to a maximum speed …
SpaceX was seconds away from launching its 20th mission of this year on Tuesday when the countdown was halted due to an aircraft entering the launch range. Elon Musk took to Twitter to voice his frustration about the delay, reiterating prior criticisms he has made about regulations around the business of launching rockets. “There is …
Satellite internet network has 70,000 users in 12 countries and aims for global coverage by August Elon Musk said his private rocket company SpaceX is prepared to spend up to $30bn to establish Starlink, its satellite internet network that now has 70,000 users across 12 countries. Musk said Starlink is on track to provide global …