China’s ‘elevated’ bus was a scam after all
Yesterday, Beijing police announced they’d opened an investigation for alleged illegal fundraising into the folks behind the Transit Elevated Bus (TEB), as it was called. They’re holding over 30 people connected to the capital-raising platform Huaying Kailai, which raised funds from individual investors for the bus.
Month: July 2017
Tesla says its Model 3 car will go on sale on Friday
NEW YORK – Electric car maker Tesla says its keenly awaited Model 3 car for the masses will go on sale on Friday. CEO Elon Musk made the announcement Monday on Twitter. The car is to start around $35,000 and with a $7,500 federal electric car tax credit, could cost $27,500.
Autonomous cars will bring a moveable feast of products and services
Would you be comfortable buying glasses sight-unseen? Despite the undeniable rise in online shopping, there are still products we are concerned to buy online. Touching, feeling, wearing, and testing out physical products are where the value of brick and mortar retail truly shines. On high-end purchases, the shopping experience is part of what we pay for.
Ford exec points to ‘great progress’ on driverless cars
Ford is making “great progress” towards its goal of deploying its first fully self-driving car by 2021, says the automaker’s top research executive. But don’t expect Ford to be first. “We don’t worry too much about where the competitors are,” Ken Washington, Ford’s vice president of research and advanced engineering and chief technology officer.