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The head of the American electric vehicle manufacturer Tesla, Elon Musk, told CNBC about plans to launch an unmanned taxi service in the US in 2020. Musk said he hoped to get approval from regulators only in some states, so these taxis would not be in all jurisdictions next year. According to him, in 2020, the company plans to have 1 million Tesla unmanned taxis on the roads in the US. The service will work through the mobile application. The founder of Tesla also shared plans to develop a car that does not have a steering wheel and pedals. Musk expects that such an electric car will be created in two years. The Tesla company, in addition to electric vehicles, produces batteries and electric motors.
Thailand's finance ministry on Thursday cut back its 2020 economic forecast to a record 8.5% contraction in GDP. This is a substantial contrast from a 2.8% growth it expected in January as the COVID-19 situation continued to worsen. The ministry’s ...
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
The economy in the European Union will plunge deeper into recession for 2020 and may recover only slightly in 2021 than previously thought, the European Commission predicted on Tuesday. The downbeat assessment of Europe's economy comes as ...
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