Monthly Archives: October 2017

Tesla to Build Manufacturing Plant in Shanghai

Tesla is planning to build a factory in Shanghai to help bring costs down. Tesla Motors is in discussions to establish its first factory in China. CEO Elon Musk said two years ago that a factory in the country could … Continue reading

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Richard Branson Invests in Hyperloop One

Sir Richard Branson invests in the US company developing vehicles that will run at supersonic speeds. After a major investment from Richard Branson’s company, the Hyperloop One transport company has changed its name into Virgin Hyperloop One. The exact investment … Continue reading

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Putin Says He Would Drive a Tesla

Russian President Vladimir Putin said he could see himself buying a Tesla, though he thinks cars that run on gas are better for saving the planet. Putin, whose homeland is one of the biggest oil producers in the world, said … Continue reading

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A Rocket Will Get You Anywhere on Earth in an Hour

The vehicle would both take off and land vertically, just like a space rocket. It would fly New York to Tokyo and any other routes in about 30 minutes or at least under an hour. The billionaire innovator unveiled his … Continue reading

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Lockheed Martin Unveils Reusable Crewed Mars Lander

Fully reusable crewed Martian lander was unveiled Friday by Lockheed Martin at this year’s International Astronautical Congress in Adelaide, Australia. The water-powered lander, single stage and fully reusable, will allow humans to explore Mars from an orbiting ‘base camp’ in … Continue reading

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Volkswagen ‘s Dieselgate Bill Hits Another $30 bln

Volkswagen is taking further $3 billion charges to fix diesel engines. Volkswagen was hit with another $3bn charge over Dieselgate scandal lifting the total damages to the carmaker from the emissions scandal to around $30 billion. Last year, VW signed … Continue reading

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