Category: Automotive

Tesla-backed startup launches microgrid powering 2 African villages

ZOLA Electric, a Tesla-backed company providing energy to remote African villages through solar and batteries, has announced the deployment of a new microgrid system that is powering 1,000 homes, schools, and businesses in two villages in Rwanda. We reported on ZOLA Electric back in 2015 when it was still called Off Grid Electric. At the… Continue reading Tesla-backed startup launches microgrid powering 2 African villages

Best cheap supercars

‘Cheap supercar’ sounds like something of a misnomer, but depreciation and a surprisingly cluttered marketplace for such vehicles mean it really is possible to pick up a thoroughbred for a fraction of its original price.  We’re not talking about buying some rotting, geriatric mid-engined motor from decades ago that’d now be out-dragged by a mid-spec… Continue reading Best cheap supercars

From Teslas to BMWs, cars are piling up on land and at sea in German port of Bremerhaven

Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the main roll on/roll off port in Germany and one of the largest automobile hubs in the world, is experiencing gridlock. The combination of the lack of drivers to move containers and cars out of the port and high volumes of regular trade is… Continue reading From Teslas to BMWs, cars are piling up on land and at sea in German port of Bremerhaven

Carvana stock tanks in continued sell-off

A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Carvana plummeted for a second-consecutive trading day as investors unloaded shares of the embattled used-vehicle seller amid growing challenges for the company and a softening for the industry. The stock ended the trading day off… Continue reading Carvana stock tanks in continued sell-off

Lidar makers Ouster and Velodyne agree to merge

The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne have agreed to merge, combining roughly… Continue reading Lidar makers Ouster and Velodyne agree to merge

Cramer: Why tech can’t find a bottom as other parts of the market show signs of life

Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to know no bounds, as we mark one year ago this month since the Nasdaq last closed at a record high. (To… Continue reading Cramer: Why tech can’t find a bottom as other parts of the market show signs of life

Tiny Computer, Huge Learnings: Students at SMU Build Baby Supercomputer With NVIDIA Jetson Edge AI Platform

“DIY” and “supercomputer” aren’t words typically used together. But a do-it-yourself supercomputer is exactly what students built at Southern Methodist University, in Dallas, using 16 NVIDIA Jetson Nano modules, four power supplies, more than 60 handmade wires, a network switch and some cooling fans. The project, dubbed SMU’s “baby supercomputer,” aims to help educate those… Continue reading Tiny Computer, Huge Learnings: Students at SMU Build Baby Supercomputer With NVIDIA Jetson Edge AI Platform