Tesla’s new Model S will automatically shift between park, reverse, and drive

Tesla’s redesigned Model S and Model X will have a very unconventional and possibly controversial feature: automatic shifting between park, reverse, neutral, and drive (or PRND). There will be an option to change drive modes on the touchscreen, but CEO Elon Musk made the case for automatic switching on Twitter late Wednesday night. “Car guesses… Continue reading Tesla’s new Model S will automatically shift between park, reverse, and drive

Tesla Roadster production delayed to 2022

Tesla CEO Elon Musk says production for the company’s upcoming Roadster isn’t due to begin until “next year,” roughly two years after the car was initially set to enter production. Tesla announced its $200,000 Roadster back in 2017, when Musk said the car would start being built in 2020. In a tweet, Musk suggested that… Continue reading Tesla Roadster production delayed to 2022

Faraday Future is going public and raising $1 billion

Faraday Future is going to become a publicly traded company on the Nasdaq stock exchange and is raising around $1 billion in the process. The troubled EV startup announced Thursday that it is indeed merging with special purpose acquisition corporation (or SPAC) Property Solutions, as first reported by Bloomberg earlier this month. About $230 million… Continue reading Faraday Future is going public and raising $1 billion

Samsung’s profits rose in 2020 despite the pandemic

Samsung Electronics has reported its fourth-quarter earnings, confirming that the company made more money in 2020 than the year before despite the challenges of the COVID-19 pandemic. Operating profit was up to 35.99 trillion won ($32.1 billion) off 236.81 trillion won ($211.5 billion) in revenue, increases of 29.6 percent and 2.78 percent respectively. Samsung says… Continue reading Samsung’s profits rose in 2020 despite the pandemic

Tesla’s new Model S will apparently play Witcher 3 on a built-in 10 teraflop gaming rig

If you can’t find a PS5 or Xbox Series X, how about an $80,000 electric sports car with comparable performance? Tesla just announced its refreshed Model S today, and a new “Plaid” powertrain isn’t its only performance enhancement — the company claims the car can now compete with next-gen gaming consoles, thanks to a 10-teraflop… Continue reading Tesla’s new Model S will apparently play Witcher 3 on a built-in 10 teraflop gaming rig

Tesla unveils redesigned Model S with new interior and 520-mile range option

Tesla has just announced the first major redesign of the Model S since it launched the electric sedan in 2012. This new version, which will launch later this year, has a refreshed exterior, a simplified interior, and the option for a more powerful powertrain that lets the car travel at least 520 miles and go… Continue reading Tesla unveils redesigned Model S with new interior and 520-mile range option

General Motors, after flubbing its deal with Nikola, eyes a new hydrogen truck project

General Motors, which only a few months ago was forced to ditch its plans to acquire an equity stake in troubled hydrogen truck startup Nikola, is ready to move on. Today, the automaker announced it was teaming up with Illinois-based trucking firm Navistar and OneH2, a North Carolina-based hydrogen fuel cell company, to put more… Continue reading General Motors, after flubbing its deal with Nikola, eyes a new hydrogen truck project

Lime adds electric mopeds to its lineup of scooters and bikes

Lime is adding a new member to its family of shared electric vehicles: mopeds. The mopeds are being offered as part of a pilot program to test whether Lime’s customers prefer vehicles that are faster, heavier, and arguably riskier to ride than your average kick scooter. The mopeds can be rented via Lime’s smartphone app,… Continue reading Lime adds electric mopeds to its lineup of scooters and bikes

Tesla sues former employee for allegedly stealing software

Tesla is suing a former employee for allegedly stealing company information, CNBC reported. The company says software engineer Alex Khatilov stole files from Tesla’s internal network related to its Warp Drive software, used to automated many of the company’s business processes. Tesla alleges in the lawsuit that Khatilov moved files to his personal Dropbox account,… Continue reading Tesla sues former employee for allegedly stealing software

Uber reportedly lays off 185 former Postmates workers

Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the… Continue reading Uber reportedly lays off 185 former Postmates workers