There is a saying in Brazil, “he who steals a little is a thief but he who steals a lot is a baron.” Apparently, executives at Brazilian oil giant Petrobras were stealing a lot. Corruption charges are turning the company upside down as investigators unravel kickback schemes and inflated construction budgets that involved some of the country’s largest firms.… Keep reading →
I recently had the opportunity to test drive the Tesla Model S P85, the high-performance version of the highly acclaimed all-electric luxury sedan. Like many drivers of the Model S, I was thoroughly impressed by the performance of this machine and after examining the engineering I am increasingly convinced that electric vehicles (EVs) are the… Keep reading →
News broke on Wednesday that Nevada had apparently won the five-state competition to land Tesla Motors’ vaunted Gigafactory. A boost in manufacturing prestige and 6,500 jobs are expected to result – but is it possible this giant battery plant of the future could turn out to be a white elephant? OK, Lux Research didn’t go… Keep reading →
With a blog post by CEO Elon Musk entitled “All Our Patent Are Belong To You” – that’s a reference to an old Internet meme, not poor grammar – Telsa Motors has gone open source. Henceforth, Musk wrote on Thursday, “Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use… Keep reading →
