Analysis, Auto, BMW, Breaking, Business, energy, Tesla, Uber

Tesla New Master Plan: 5 New Vehicles, Uber 2.0, Power 2.0

In the late afternoon California time, or early morning Singapore time, Elon Musk, Chairman of the Board and CEO of Tesla Motors, Inc. posted what is his second Master Plan for Tesla. On August 2nd, 2006 Elon posted the first Tesla Master Plan, one we can say the company pretty much checked all the marks. Just a few days before the 10 anniversary, we’re treated to another plan. In this article, we’ll bring you the most interesting bits: Tesla is Becoming an Utility Company “Create a smoothly integrated and beautiful solar-roof-with-battery product that just works, empowering the individual as their own utility, and then scale that throughout the world.

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Auto, Breaking, Business, News, Samsung

Samsung Invests $2.51 Billion into Car Battery Business

Over the past couple of months, we’re seeing a lot of corporate movements inside Samsung Group. First, Samsung Display announced it plans to completely offload its LCD manufacturing business, starting with a sale of L.5 factory to China’s Truly. Second, Samsung SDI decided to sell its whole chemical business sector and focus solely on improving the chemistry for its car battery business. The size of investment is nothing to be sneezed at. Over the next three years, newly established ‘Samsung SDI Chemical’ will be sold off, while Samsung’s SDI will invest at least $2.51 billion into development of car batteries. This is not all, as all

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