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How Volkswagen's $50 Billion Plan to Beat Tesla Short-Circuited

WSJ.com: WSJD - Technology

The car, however, didn't work as advertised. It could drive, turn corners and stop on a dime. But the fancy technology features VW had promised were either absent or broken. The company's programmers hadn't yet figured out how to update the car's software remotely. Its futuristic head-up display that was supposed to flash speed, directions and other data onto the windshield didn't function.


How likely is it that these future technologies will become mainstream

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Back in March 1976, a story by Tony Curtis – no, not that one – appeared in Wheels. 'In The Year 2025' was a bit of a depressing read, to be honest. Inspired by Orwell's 1984, the author told a tale of all private motor vehicles being banned by the overarching hand of the state by 1985. Swing and a miss there. Yet glance through the 1976 issue and some things are all too familiar.


Week in Review: IoT, Security, Auto

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Products/Services Visa agreed to acquire the token and electronic ticketing business of Rambus for $75 million in cash. The business involved is part of the Smart Card Software subsidiary of Rambus. It includes the former Bell ID mobile-payment businesses and the Ecebs smart-ticketing systems for transit providers. Meanwhile, Rambus expanded its CryptoManager Root of Trust product line. "Security is a mission-critical imperative for SoC designs serving virtually every application space," Neeraj Paliwal, vice president of products, cryptography at Rambus, said in a statement.


Roborace is building a 300kph AI supercar – no driver required

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The Argentinian summer Sun beat down on the Buenos Aires city circuit as the cars approached the penultimate turn. It was February 18, 2017, the Saturday of Formula E's South American weekend, and two cars jostled for first place. The second car, though, was being too aggressive. Nearing the corner's apex, the vehicle misjudged its position and speed. The vehicle slammed into the blue safety walls surrounding the track. As the wreckage crumpled to a stop, a detached wheel rolled freely across the hot asphalt.


Audi (AUDVF) on Annual Press Conference 2017 - Earnings Call Transcript

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In the consumer report, we are number one once again and just like the Q7, in the consumer report it also occupies the first position as the best luxury SUV. And I think this power of the brand makes it possible for us to grow significantly. There are couple of models which have not even be launched yet in this market, models which we already know here, for instance the S4, the A5, and the entirely new A5 Sportback. They are now being launched in the United States. All new models for this market, and I assume that this year once again we are going to experience very solid growth in the United States. And the question so whether we spend more money for this? I can tell you we even spend less money in form of sales discounts because of the powerful brand and the relatively young product portfolio. So you would take the second part?


Elon Musk's master plan for Tesla is long on vision, short on specifics

Los Angeles Times

And he pretty much delivered. He turned out the Model S sedan and the Model X sport utility vehicle. And while 80,000 to 100,000 is hardly affordable to most, they're selling better than almost anyone expected. On the power front, his Gigafactory outside Reno is turning out battery storage units and soon will be producing battery cells for cars. With Steve Jobs gone, Musk has emerged as perhaps the world's most celebrated tech visionary. His success thus far at Tesla, and at SpaceX, where he's winning NASA contracts away from traditional aerospace companies to rocket cargo into space, makes Part Deux more than some "wouldn't it be cool" fantasy dreamed up in a smoke-filled dorm room. Musk proposes a fascinating, if sketchily drawn, vision. He'll be taken more seriously when he backs it up with clearer numbers, solid plans and timelines, and, eventually, execution. And nothing will add more than to his credibility than a successful launch of the Model 3.


The Gigafactory that will make or break Tesla: Elon Musk's megafactory set to open on July 29th and will make 500,000 batteries a year

Daily Mail - Science & tech

Tesla's Gigafactory in the Nevada Desert is finally nearing completion. Set to open on July 29th, it will have the largest footprint of any building in the world. The 5 billion structure will produce 500,000 lithium ion batteries each year to meet demand. When it's complete, Tesla's Gigafactory in the Nevada Desert will have the largest footprint of any building in the world. At the Model 3 launch yesterday, founder Elon Musk said the 5 billion structure will produce 500,000 lithium ion batteries annually to meet demand.