Cleantech & EV’s

Tesla CEO Elon Musk has updated the timeline for the release of the automaker’s highly-anticipated Autopilot core rewrite — delaying it by about several weeks to a month. As we previously reported, Tesla is going through “a significant foundational rewrite in the Tesla Autopilot.” CEO Elon Musk says that the “neural net is absorbing more and more of the problem” as part of the…

Tesla (TSLA) today announced a $5 billion capital raise to take advantage of the stock price’s meteoric rise. While Tesla CEO Elon Musk previously said that the company wasn’t interested in a new capital raise as it believed it was capable to finance its ambitious growth through its operations, it looks like they couldn’t resist following the stock price increase. Tesla’s stock price has…

A new study looked into the lifetime emissions of electric vehicles versus gas-powered counterparts and concluded that Tesla Model 3 emits about 65% less lifetime emissions than the Mercedes-Benz C-Class. For years, automakers and the fossil fuel industry have pushed the idea that electric vehicles are worse for the environment than diesel and gasoline-powered vehicles because they are powered by…

Hyperloop developer TransPod has signed a memorandum of understanding (MoU) for a 1,000 km/h system in Alberta, Canada. The MoU with Alberta’s government is intended to attract private investment in order to build the multibillion-dollar project. TransPod TransPod is a Canadian-French company that designs fully electric, ultra-high-speed transportation technology and vehicles. TransPod vehicles…