Category: Business

Electric carmaker Tesla has received the Environmental Protection Agency or EPA range rating for Model S Long Range. The EPA determines an estimated operating range of a vehicle on a charge. The rating shows an improvement in the power efficiency of Tesla’s new car. The vehicle was supposed to have 412 miles of range when […]

Electric vehicle major Tesla has announced that Model S Plaid Plus has been canceled. The company had earlier said that it will hold an event for the first deliveries of the car. It, however, has officially canceled the Model S Plaid Plus. The new electric car will not hit the roads. Tesla has been teasing […]

After a spate of disappointing acquisitions, Verizon Communications Inc. is now exploring a sale of Yahoo and AOL. This is likely to end a rocky era for the company as a media owner. The company’s bet on digital media has proved to be expensive and unsuccessful. People familiar with the development said that the sale […]

Luminar Technology has hired some of the top industry executives. Alan Prescott of Tesla and Trey Campbell of Intel have joined the startup. Prescott has been associated with Tesla for several years. He was vice president of legal and acting general counsel. The move is significant the Tesla chief executive officer Elon Musk has always […]

Elon Musk’s dream of a technology that drives cars automatically could hit a roadblock. Musk owns the electric vehicle company, Tesla. Tesla is one of the largest electric car manufacturers in the world. Musk wants to incorporate fully autonomous driving technology in the vehicles. His company is struggling to make self-driving cars work properly. According […]

Elon Musk has raised doubt about the rollout of Tesla Semi this year by saying that they are facing battery cell constraints. Musk said this in a new comment on the micro-blogging site Twitter. Tesla Semi is an electric freight-hauling semi-trucks that has already seen several delays. It was first supposed to be available in […]

After bringing back Spicy Chicken Nuggets, McDonald’s is giving fans more reasons to smile. The fast food giant has decided to revive its food item that has been missing in action for several years. It has decided to bring back the legendary fountain drink Hi-C Orange Lavaburst. The decision has been taken four years after […]

PepsiCo and Beyond Meat have reached a partnership deal to form a joint venture. The new company will be known as PLANeT Partnership LLC. The joint venture will work on to develop a new line of plant-based beverage and protein snacks. The companies have not made any announcement about what kind of products will be […]