Tesla isn’t the only upstart auto industry player having a big year. Luminar, which creates lidar technology critical to many automakers’ autonomous driving efforts, is going public on Thursday through a special purpose acquisition company (SPAC) and the deal will make Luminar co-founder and CEO Austin Russell a billionaire — at the age of 25.
Minesto’s system is based on the idea of using a kite-like system in marine environments. Minesto A tidal power project located in the Faroe Islands has started to send electricity to the grid, in the latest example of how marine based technologies are being deployed and used around the world. The small 100 kilowatt tidal
Vote Solar, the Coalition for Community Solar Access, and solar provider Sunrun (Nasdaq: RUN) conducted a study that found that if just a quarter of US households were powered by local rooftop and community solar and storage, Americans would benefit financially and environmentally overall in a very big way. The study was conducted by using
December 2nd, 2020 by Johnna Crider Fortune Magazine has named Elon Musk as its Businessperson of the Year for 2020. Fortune pointed out that Elon Musk has “seemingly defied gravity this year” with his success at Tesla, which is now one of the world’s most valuable companies. SpaceX wasn’t left out either. The article noted
Last month we reported on rumors that BMW had greenlit development of a high-performance “GP” version of the electric Mini. Today BMW announced that the car is indeed being worked on, but it will be designated as a “John Cooper Works” model, a name reserved for the brand’s highest-performance, track-ready vehicles. We didn’t get any
December 1st, 2020 by Zachary Shahan As Tesla’s market cap has climbed through the roof, and then some clouds, and then the stratosphere, and then the exosphere, and then bumped its head on the moon, many have wondered if Tesla might one day buy a legacy automaker or two. Right now, Tesla [NASDAQ: TSLA] market