Private firms undertake the bulk of R&D but governments fund it and must offer it direction COMMENT | DANI RODRIK | Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow …
Read More »E-car sales in Norway reach new record high in 2019
Oslo, Norway | AFP | Sales of new electric cars in Norway hit a record high last year, sector experts said Friday, reaching 42.4 percent of all nearly-registered cars in 2019, mostly thanks to strong demand for Tesla’s Model 3. Norway, a major oil producer that has pioneered electric mobility, …
Read More »Head of Tesla Autopilot project leaves for Intel
San Francisco, United States | AFP | The head of Tesla’s Autopilot project is leaving the car marker, amid a US government probe into a fatal accident involving a vehicle using the semi-autonomous driving system. The executive, Jim Keller, is moving to chipmaking giant Intel, both companies said Thursday. Keller’s …
Read More »MUSK: What’s Facebook?
San Francisco, United States | THE INDEPENDENT | Tesla chief Elon Musk has deleted Tesla and SpaceX from the world’s most popular social media platform Facebook. He announced his decision on twitter. “We’ve never advertised with FB. None of my companies buy advertising or pay famous people to fake endorse. Product …
Read More »Tesla expands its portfolio to produce solar roof tiles
Los Angeles, United States | AFP | Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes. “Global warming is a serious crisis and we need to do something about that,” company founder Elon Musk said during a news conference at …
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