Revolutionary change is coming to the auto industry, and no one can say at this point what the transport system of the future will look like. All kinds of theories are flying around — and most of them seem to include Tesla.
With Tesla [NASDAQ: TSLA] announcing its second quarter financial results this week, Wall Street sent the stock rocketing upwards once again. Short sellers lost almost $800 million in the last two days as a result of Tesla’s explosive rally.
The self-driving vehicle startup Cruise has begun operating a “completely autonomous” on-demand taxi service for its employees in San Francisco, according to recent reports.
An alternative title to the above was: “Slow & Steady Is A Recipe For Disruption.” But the story is still a little more complicated than that.
The possibility of binding quotas for electric car sales should be seriously considered by the government of Germany, the country’s deputy economy minister, Matthias Machnig, was recently quoted as stating.
Irizar e-mobility has been awarded the contract to supply Madrid with its first 15 electric buses, and to supply Barcelona with its first 4 electric articulated buses.
A relatively new venture capital fund focused on ground transportation, Autotech Ventures, has announced the successful close of its first fund. The fund has around $120 million in capital commitments now in tow.
The EPA has rated the long-range version of the Tesla Model 3 at 126 MPGe, the second highest rating ever given by the agency, only trailing the Hyundai Ioniq Electric.
The price of the base Tesla Model X has been slashed by $3,000 — bringing the price down to “just” $79,500 — going by the pricing listed on the company’s website.
Editor’s Note: Tesla Shuttle (I’m a cofounder), CleanTechnica (I’m the director), and Quriers are going to try to break the record in a couple of weeks. Stay tuned….
Just a few months after a team in Belgium broke the previous record, a team in Italy has now gone and set yet another new record for hypermiling in an electric car. The Tesla Owners Italia team managed to take a Tesla Model S 100D 1078 kilometers (~670 miles) on a single charge … meaning that the record set in Belgium in June 2017 (~560 miles) was surpassed by a margin of around 110 miles.
