Tesla has won a vote of confidence from Chinese Internet giant Tencent Holdings, whose purchase of a 5% stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about US$1,8bn
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One year ago this week, Elon Musk took to a stage to unveil his most important vehicle yet: the US$35 000 Model 3. The electric five-seater accelerates as fast as the the best-selling luxury sport sedans in America
Elon Musk needs to raise at least US$1,1bn more to bring his more affordable Model 3 to market. His believers, along with investors who buy into the vision of Tesla, could hardly be happier. After burning through cash in late 2016 and warning
Artificial intelligence boosters predict a brave new world of flying cars and cancer cures. Detractors worry about a future where humans are enslaved to an evil race of robot overlords. Veteran AI
Elon Musk’s SpaceX plans to send two private citizens on a trip around the moon late next year as it continues to work with Nasa for a planned crewed mission to the International Space Station. The passengers
Intelligent robots are poised to take over the world. Sounds like a bad 1950s sci-fi movie, right? Perhaps not. If technology keeps accelerating at the current rate, robots and artificial intelligence will either displace
It took Alphabet’s Waymo seven years to design and build a laser-scanning system to guide its self-driving cars. Uber Technologies allegedly did it in nine months. Waymo claims in a lawsuit filed on Thursday that was possible
Elon Musk wants to dig tunnels. Without them, he says, “we will all be in traffic hell forever”. It’s a well-timed ambition, given US President Donald Trump’s plan to spend $1 trillion on infrastructure
While Uber got shellacked for its link to US President Donald Trump, the electric car maker and sometimes-rival Tesla has comfortably weathered its association with a president who has
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late