Walk for a short while on the streets of any of Chinas big cities and theres zero chance you wont run into electric two-wheelers whose riders, in their yellow or blue helmets, usually work for Chinas largest delivery services Ele.me and Meituan Dianping, or d…
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Why Chinese Electric-Car Maker NIO’s Stock Has Slumped 37% Since Earnings
Shares of Chinese electric-car maker NIO (NYSE:NIO) have fallen sharply since the company reported on May 28 that it lost $395.23 million in the first quarter of 2019. NIO’s first-quarter revenue and deliveries both declined significantly from the fourth quar…
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SpaceX is about to launch a remarkable atomic clock for NASA that may change how we explore space
SpaceX plans to lift off its Falcon Heavy rocket— the most powerful operational launch system in the world — for a third time on June 24. When the 230-foot-tall rocket thunders away from Cape Canaveral, Florida, it will carry 25 small spacecraft inside its…
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Tesla’s performance gives Elon Musk much to think about
AT TESLA’S ANNUAL shareholders meeting on June 11th Elon Musk was as ebullient as ever. But its shares, which started the year above $300, have plunged close to $200 and its bonds recently traded at an all-time low of close to 80 cents on the dollar. Deliveri…
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Tesla Semi Production Pushed Back To Late 2020, No One Bats An Eyelid
Tesla chief executive Elon Musk has revealed that the electric car manufacturers Semi truck wont hit the production line until late 2020. The Semi was introduced to the world in late 2017 and, at the time, the company claimed that production would commence i…
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