New York must pay Uber and Lyft drivers unemployment benefits after an ‘inexcusable delay,’ a federal judge ruled (UBER, LYFT)

A federal judge in New York ruled Tuesday that the state must quickly pay unemployment benefits to Uber and Lyft drivers, earlier reported by The New York Times. Drivers and an advocacy group sued the state, saying it was taking too long to pay drivers, and Tuesday’s ruling requires the state to clear its backlog… Continue reading New York must pay Uber and Lyft drivers unemployment benefits after an ‘inexcusable delay,’ a federal judge ruled (UBER, LYFT)

Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation

Reuters Tesla shares are far too expensive to recommend after more than tripling in 2020, the Bernstein analyst Toni Sacconaghi wrote in a note. The firm lowered its Tesla stock rating to “underperform” from “market perform” on Tuesday and maintained a $900 price target, implying that shares will tumble 42% over the next year. Though… Continue reading Bernstein downgrades Tesla and says the stock will tank 42% from its ‘mind-boggling’ valuation

Bosch Aerotwin windshield wiper with advanced rubber-blade profile

The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as… Continue reading Bosch Aerotwin windshield wiper with advanced rubber-blade profile

Bosch is reacting to current market requirements with its expanded range of batteries

The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as… Continue reading Bosch is reacting to current market requirements with its expanded range of batteries

Solving sophisticated workshop problems even quicker using the Bosch Visual Connect app

The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with modern diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment, as well as… Continue reading Solving sophisticated workshop problems even quicker using the Bosch Visual Connect app

Six things venture capitalists are looking for in your pitch

Founders pitch venture capitalists at every available chance, which is why most of them quickly develop the skills required to identify whether someone is offering them an opportunity or wasting their time. At TechCrunch Early Stage, I chatted with NFX Managing Partner James Currier about how founders can find the right investors and what they… Continue reading Six things venture capitalists are looking for in your pitch

Tesla (TSLA) could become most valuable company in the world, says VW CEO

Tesla is getting accolades from the competition over its financial results amid the COVID-19 pandemic as the head of Volkswagen says that he believes the electric automaker could become the world’s most valuable company. Last week, Tesla announced its Q2 2020 financial results and crushed expectations by delivering a profit despite a difficult situation due… Continue reading Tesla (TSLA) could become most valuable company in the world, says VW CEO

Tesla shares sag as analyst flags ‘mind-boggling’ valuation

Esha Dey, Bloomberg Published 11:56 a.m. ET July 28, 2020 | Updated 12:00 p.m. ET July 28, 2020 Tesla Inc. has grown bigger than Toyota and Volkswagen combined thanks to a rally more befitting a technology stock than a car maker, and buying it now is probably a mistake for anyone but day traders, an… Continue reading Tesla shares sag as analyst flags ‘mind-boggling’ valuation

@VW Group: Audi uses drones to locate vehicles at Neckarsulm site

Audi is using a specially developed drone system to locate vehicles that are ready for dispatch at the Neckarsulm site. The flying device flies over the vehicle dispatch area at the Audi site in Neckarsulm autonomously. The drone uses GPS and RFID technology to identify and save the exact position of all vehicles it flew… Continue reading @VW Group: Audi uses drones to locate vehicles at Neckarsulm site

@Toyota: Toyota Research Institute – Advanced Development, Inc. to form Woven Planet Holdings and two new Operating Companies, Woven CORE and Woven Alpha

Toyota Research Institute – Advanced Development, Inc. (TRI-AD) will expand and improve its operations by forming a holding company and two operating companies, with effect from January 2021. The holding company will be Woven Planet Holdings, Inc. (Woven Planet Holdings), and the two operating companies will be Woven CORE, Inc. (Woven CORE), which will develop,… Continue reading @Toyota: Toyota Research Institute – Advanced Development, Inc. to form Woven Planet Holdings and two new Operating Companies, Woven CORE and Woven Alpha