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Archive for the ‘transportation’ category: Page 261

Nov 8, 2021

Why So Many CEOs Started Off at PayPal

Posted by in categories: Elon Musk, sustainability, transportation

What do the founders and leaders of Tesla, YouTube, and LinkedIn have in common? They all started their early careers at PayPal, the online payment company. This group of highly ambitious twenty and thirty-year-olds has been dubbed the “PayPal mafia” and once even dressed up as mafia members for the cover of Fortune magazine.

They went on to found or run some of the largest tech companies in the world. Elon Musk was absent the day of the shoot because of a scheduling conflict. This is by no means all of them. Peter Thiel estimates that the “mafia” is around 220 people.

Thiel is a famous start-up investor often referred to as the “don” of the PayPal mafia. PayPal began when Thiel and Max Levchin created software company Confinity as a way to transfer money through the once-popular Palm Pilot.

Nov 8, 2021

Elon Musk’s Twitter Poll Results Favor Tesla Stock Sale

Posted by in categories: Elon Musk, sustainability, transportation

Twitter users said Mr. Musk should sell 10% of his Tesla shares after the billionaire chief executive polled them and pledged to abide by the outcome of the vote.

Nov 8, 2021

Walmart is using driverless trucks to complete a seven-mile delivery loop

Posted by in categories: robotics/AI, transportation

As promised, Walmart has started doing fully driverless box truck deliveries in partnership with startup Gatik between its own locations on a fixed 7-mile loop, the companies announced. Despite those limitations, the route in Bentonville, Arkansas involves “intersections, traffic lights and merging on dense urban roads,” the companies said. It’s another shot of good news for the progress of self-driving vehicles after GM’s cruise launched its self-driving taxis into testing last week.

The Gatik trucks are bringing grocery orders from a Walmart fulfilment center (dark store) to a nearby Walmart Neighborhood Market grocery store in Bentonville, the host city of the company’s headquarters. The route covers the “middle mile” transportation of goods between warehouses and stores. The program effectively got launched following the December 2020 approval by the Arkansas State Highway Commission, and has been driverless since this summer.

Nov 8, 2021

Robotruck Startup Gatik Making Delivery Runs For Walmart Without Humans At The Wheel

Posted by in categories: robotics/AI, transportation

Gatik, a Silicon Valley-based developer of robotic technology to handle “middle-mile” deliveries from distribution centers to stores, has begun hauling goods for Walmart in autonomous trucks without a human backup at the wheel for the first time.

Gatik, which has been making delivery runs for Walmart since 2019 in the retail giant’s Bentonville, Arkansas, hometown, is operating two fully autonomous trucks that are hauling goods on a fixed, 7.1-mile route between an e-commerce distribution facility there to a Walmart Neighborhood Market store. This new phase started in August and is the first time any autonomous trucking company has operated commercial delivery routes without a human backup, the companies said.

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Nov 8, 2021

China is Coming: Observations from an Expert | In Depth

Posted by in categories: sustainability, transportation

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Nov 7, 2021

Artificial photosynthesis turns CO2 into sustainable fuel

Posted by in categories: solar power, sustainability, transportation

AArtificial photosynthesis turns CO2 into sustainable fuel: Carbon capture is the idea of taking CO2 from the air and storing it. Carbon conversion is taking that same CO2 and turning it into something useful. CO2 can be used for a number of products, but one of the most exciting is alternatives to fossil fuels.

If we look at what’s possible with batteries today, you can do a lot. You can electrify certain portions of aviation, but they’re just never gonna touch that jumbo jet full of a couple of hundred passengers going a thousand miles. And that’s where sustainable aviation fuels come in.

Jason Salfi, CEO of Dimensional Energy, a company using artificial photosynthesis to produce carbon-neutral alternatives to fossil fuels. Their first product, a carbon-neutral jet fuel.

Nov 7, 2021

The Wall Street Journal

Posted by in categories: sustainability, transportation

Billionaire CEO pledged to abide by vote’s outcome after asking whether he should sell 10% of his Tesla shares.

Nov 6, 2021

Elon Musk proposes selling 10% of his Tesla stock in a Twitter poll

Posted by in categories: Elon Musk, law, sustainability, transportation

Billionaire Elon Musk on Saturday asked his Twitter followers to decide whether he should sell 10% of his Tesla stock, promising to “abide by the results of this poll, whichever way it goes.”

“Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” the electric car maker’s CEO said. He did not directly specify where that 10% would go.

This isn’t the first time Musk has taken aim at proposals in Washington that would tax billionaires’ net worth gains. Under current US tax law, assets like stocks are taxed only when they’re sold — what’s called a capital gain. But the richest of the rich in America probably aren’t selling off their massive stock portfolios; instead, their main form of income is the value that those assets accrue, or unrealized gains.

Nov 6, 2021

The world’s first hydrogen cargo bike is the future of transportation as it runs without batteries!

Posted by in categories: biotech/medical, transportation

The LAVO bike from StudioMOM is the world’s first hydrogen bike, requiring no heavy batteries, particulates, or CO2 emissions for operation.

Nowadays, it seems bikes are the preferred mode of transportation in crowded cities. Traffic is no joke and public transportation has seen some major changes since the onset of the COVID-19 pandemic, so people are hitting the streets with shiny electric and portable bicycles. While bikes are generally more environmentally friendly than cars and trucks, they come with their own list of setbacks. Becoming the world’s first hydrogen bike, the LAVO bike from StudioMOM is a small solution to a big problem.

Nov 6, 2021

Tesla Owner Installs $2,500 Solar Trailer to Charge His Car While Driving

Posted by in categories: sustainability, transportation

The contraption can charge the car in 40 hours. 🚗


The heavy trailer is bound to reduce the car’s range.

Continue reading “Tesla Owner Installs $2,500 Solar Trailer to Charge His Car While Driving” »