General Motors Builds All-Electric Camaro

Notably, the eCOPO concept is apparently built upon the frame of a conventional Chevy Camaro. Thus, the only difference between the electric Camaro and its gasoline brother is the engine.

For instance, the eCOPO’s engines will fit in the housing for the gasoline Camaro’s LS motors. Additionally, the eCOPO appears built for drag racing. Thus, GM is proving it can go head to head with Tesla Motors and win.

This is bad news for Tesla because GM could easily replicate any model it brings out. Therefore, the whole rationale behind Tesla, bringing out unique electric vehicles is called into question.

However, Elon Musk could view the eCOPO as vindication of his work at Tesla. To clarify, Musk’s major goal at Tesla is promoting electric vehicles not building a car company. Under those circumstances, the eCOPO vindicates all of Musk’s sacrifices at Tesla.

Read more

Tesla Autopilot could Navigate Interchanges

Musk claims Tesla will release “the world’s most advanced computer for autonomous driving” in six months.

Moreover, Tesla is developing its own artificial intelligence (AI) chips to compete with those of NVIDIA (NASDAQ: NVDA), Electrek claims. Therefore, Tesla plans to enter the chip business.

In addition, Tesla hired one of the biggest chip architects in the business; Jim Keller, in 2018. Hence, Tesla’s value could increase because NVIDIA is one of the most profitable companies in Silicon Valley.

Read more

Why Elon Musk will sell Tesla

Interestingly, Musk himself may understand how he is hurting Tesla. Elon knows a car guy must takeover – selling Tesla is the best way to achieve that.
Musk will let a car person takeover Tesla because his goal at the company is driving the mass adoption of electric cars not building a brand. Musk only started a car company and built a brand because nobody else was serious about electric cars.

Read more

Does China Have a Super Battery?

Watch the ZKZM-500 story carefully because the ridiculous claims of laser guns point to something far bigger and potentially far more disruptive. A super battery that might put Big Oil out of business.

Read more

Tata Owns Electric Cars, is Tesla Doomed?

Tata Motors (NYSE: TTM) not Tesla Motors (NASDAQ: TSLA) is poised to dominate electric cars. That is very good for

Read more

Are Gold Miners Making Money at Newmont Mining Corp?

Gold is one of the most interesting economic barometers around because its price is a good measure of the fear

Read more

Tesla Mortgages Factory

These figures indicate that borrowing against the Freemont factory will not save Tesla. If the 5.3-million square foot facility is only worth $1.8 billion, Tesla will not be able to borrow more much more than that against it, and it has $10.76 billion in debt.

Read more

Volkswagen owns Electric – Can Tesla Survive?

Volkswagen plans to start building its first all-electric vehicle in the United States by 2020, Elektrek reported. The I.D. Crozz Concept sport utility vehicle (SUV) will be built in Chattanooga, Tennessee, a Volkswagen press release stated.

A second electric the e-Golf hot hatchback will also be built at Chattanooga at some point in the future.

Read more

Cryptojackers Demonstrating how Cryptocurrency Mining will Revolutionize Tax Collection

Criminals are inadvertently demonstrating how cryptocurrency mining can be used for tax collection.
The biggest users of cryptojacking in the future will be governments because it can be a cheap and efficient means of taxation.
Instead of spending billions on tax collectors, accountants, auditors, etc., all a government would have to do is require every company operating; or person that owns a computer, within its borders to install official cryptojacking software. The software would mine Ethereum (ETH), an ER20 token, or the government’s official cryptocurrency.
Companies and individuals would go along because they would not have to pay taxes. The proceeds of official cryptocurrency mining can be deposited in a sovereign wealth fund to finance basic income, or pensions.

Read more