As 2019 comes to an end, car lovers will be in for a bit of a treat. Ford (NYSE 8.95) was due to premiere a new fully-electric crossover SUV on November 17, 2019, just as we have already reported. But details and pictures of the new vehicles have leaked a few days early and this gives customers a chance to get a glimpse of Ford’s latest offering. This new model is called Mach-E and the leak comes from screenshots from the Ford website and also has the details on the pricing, configuration,...
Read More »Volvo Cars Joins Responsible Sourcing Blockchain Network
Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...
Read More »Tesla’s New Solar Roof V3 Is More Affordable than Single Roof with Solar Panels
On Friday, an American automotive and energy giant Tesla announced it had rolled out a new version of its solar roof tile for use at residential homes, V3 Solar Roof. According to Elon Musk, installations will begin in the upcoming weeks, with 1,000 new roofs expected to be produced per week.Tesla first came up with their Solar Roof Tiles in 2017, and the volume production was set to start in 2018. However, the process turned out to be quite slow, and the production was delayed until this...
Read More »Ford to Debut Its Electric Mustang-Inspired SUV in November
Photo: FordNearly a year and a half ago, Ford embarked on a mission to invent its first peek of a Mustang-inspired electric. And after several attempts, it’s now prepared to show the globe what “Mustang-inspired” actually entails.The company announced that it would launch the electric SUV on 17th November just before the LA Auto Show.By now, little is known regarding the electric SUV that’s hitting the market year. Besides issuing frequent hints or teaser images. The latest launched webpage...
Read More »Tesla Could Rise to $4000 per Share, Says Ark Investment Management CEO
Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...
Read More »Square Unveils Free Cash App Investment for as Low as $1
Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company, people will now be able to invest in the stock market, taking part in full shares trading for as little as $1.Via the Cash App Investing, users will have easy access to fractional investing and buy whatever fraction of any supported shares that $1 dollar (or any desired...
Read More »Tesla Could Release Full Self-Driving Feature before End of 2019
According to Tesla CEO Elon Musk, there’s a good enough chance that the company could grant limited access for some of its customers to a “feature complete” product which will have full self-driving (FSD) capabilities, before the end of 2019. Musk, during a Tesla earnings call yesterday, suggested that it would be a type of beta test, carefully carried out to further the company’s move on autonomous capabilities. He, however, added that the release is “not for sure” and even though it...
Read More »Elon Musk Lauds Tesla’s Powerwall against the Backdrop of PG&E Problems
This year, Pacific Gas & Electric (PG&E), an American company that provides natural gas and electric service to approximately 16 million people throughout a 70,000-square mile service area in northern and central California, declared their bankruptcy and admitted their blame on a number of forest fires and problems with power.Recently, during the California Public Utilities Commission meeting, the company’s CEO Bill Johnson stated that California can expect blackouts for the next...
Read More »Tesla Is to Begin Manufacturing Electric Vehicles in China
Photo: Tesla / TwitterWe all know how the Chinese are very protective of their domestic economy and how they don’t let anybody come and just set up a business within their borders for domestic consumption without strict controls. Tesla seems to have been able to jump through all the hoops and regulatory processes required to be able to manufacture electric vehicles in China sources indicate.In what seems to be a first for China, this is the first time that the government will be allowing the...
Read More »Volvo Cars Introduces its First Electric Car to Compete with Giants
Recently Volvo Cars introduced its first electric car dubbed the XC240 recharge. This indicates that the company is looking forward to moving from mechanical only cars to electric cars which are becoming in vogue in recent times. In a series of firsts, the XC240 recharge is unique in its own right as a car. It is not only the first electric car made by the carmaker, it is also the first car in Volvo’s brand to have its onboard entertainment system to be based on Google’s Android.As also the...
Read More »