Imagine If Every Car Was Autonomous: What 4 Things Don’t We Need Anymore?

If every car on the road was a self driving, autonomous car, here’s a list of 4 things we don’t we need anymore:

1. Traffic Lights: Self Driving Cars Don’t Need Traffic Signals

Imagine 4 swarms of bees zipping through a 4 way intersection…

No collisions because they have instant reactions, and even better, communication with each other to indicate where they’re going.

It might look something like this:

2. No Car Parks: Autonomous Vehicles Don’t Need Car Parks Or Parking Buildings

Continue reading

Tesla, SolarCity Buy Out Deal Likely


Article Source: Finance.Yahoo

SolarCity stock jumped 5 percent Tuesday, continuing its week-long climb a day after the company announced it would allow a two-person committee to evaluate Tesla’s takeover bid.

The electric-car company announced its offer to buy roughly $2.8 billion in SolarCity stock last Tuesday. The deal is valued at between $26.50 and $28.50 a share, a 21 to 30 percent premium over SolarCity’s s closing price last week, according to FactSet.

Both companies are controlled by billionaire Elon Musk , and the boards are intertwined: Five SolarCity board members either work at Tesla, are on the Tesla board, or are related to someone who is, according to Recode.

To avoid compliance issues, the SolarCity board is leaving the decision of whether or not the Tesla proposal benefits shareholders to two directors, who don’t have direct connections to the car company. Donald Kendall and Nancy Pfund will make the call.

The majority of board announced they would sit out any decision-making on the deal earlier this week. Elon Musk, Musk’s cousins Peter Rive and Lyndon Rive, Antonio Gracias, and JB Straubel will all stay on the sideline, according to Reuters.

SolarCity’s stock traded near $23.71 Tuesday, down from its 52-week high of $61.72. The stock has lost more than 50 percent of its value in since the year began.

Tesla meanwhile was up 3.5 percent Tuesday.

Article Source: Finance.Yahoo

Is Formula-E The Future?

Formula E RenaultSource:

There are only two races left in Formula E’s second season, making this as good a time as any to review whether electric racing is the future of motor sports. I tend to think it is the future, but there are some definite growing pains to be worked through.

Some good reasons for Formula E to be the future of racing:

It’s electric:

Electric cars, along with hybrids, plug-in hybrids and even hydrogen fuel cell cars, are a growing segment of the market. Just witness the hundreds of thousands of people who plunked down deposits for a Tesla Model 3 within hours of its announcement. As Anthony Thompson of Qualcomm said in a press conference at the beginning of the Faraday Future Long Beach Formula E Grand Prix, “The stone age didn’t end because we ran out of rocks. We developed better technology.” Oil and internal combustion engines, in this analogy, are going the way of rocks and making way for electric motors.

Continue reading

Market ‘Not Ready’ For Electric Cars

Red Nissan LeafArticle source:
Tauranga has an estimated 35 electric vehicles registered and the infrastructure to charge plug-in vehicles is powering ahead, but supply is limited.

Tauranga City Council has applied for funding from TECT for an electric car-charging station in the CBD, which would join Bayfair Shopping Centre’s two juice points.

But an unofficial, informal Bay of Plenty Times Weekend survey found a lack of available product in Tauranga – not to mention the market being prohibitively expensive and confusing. Continue reading

Tesla Stakeholder Meeting, A Trip Down Memory Lane.

Model S

Article source

Tesla’s annual shareholders meeting was held this afternoon in Mountain View, CA, and while the company’s innovations were expected to be on full display, founder Elon Musk opened with almost-dramatic humility. Musk explained that his friends and investors were a little more than skeptical, given that Musk and his co-founders were “completely clueless” about making cars in the first place. “At times, we couldn’t get suppliers to call us back,” Musk added. Continue reading

Unreliable Emission Testing, That’s The Problem!

Golf GTI

Article source:

On the road and lab test discrepancies undermining efforts to curb toxic air levels as UN environment assembly admits global response is not up to scratch

The growing gulf between laboratory tests and real world air pollution from cars is hampering efforts to cut the toxic air that kills millions of people a year worldwide, a leading expert has warned. Continue reading