Joe's Feed
Jan 15, 2015

Tesla’s Musk woos Texas lawmakers, talks track, car plant

AUSTIN, Texas/DETROIT Jan 15 (Reuters) – Tesla Motors CEO
Elon Musk urged Texas lawmakers on Thursday to ease restrictions
on sales of his electric luxury cars as he floated the prospect
of locating a new car factory or a test facility for his
“hyperloop” mass transit concept in the state.

Texas is one of several states that have barred, or strictly
limited, Tesla’s ability to sell cars directly to consumers
through company-owned stores.

Jan 15, 2015

Tesla’s Musk woos Texas lawmakers with talk of track, car plant

AUSTIN, Texas/DETROIT Jan 15 (Reuters) – Tesla Motors CEO
Elon Musk urged Texas lawmakers on Thursday to ease restrictions
on sales of his electric luxury cars as he floated the prospect
of locating a new car factory or a test facility for his
“hyperloop” mass transit concept in the state.

Texas is one of several states that have barred, or strictly
limited, Tesla’s ability to sell cars directly to consumers
through company-owned stores.

Jan 14, 2015

Google partners with auto suppliers on self-driving car

DETROIT (Reuters) – Internet company Google Inc has begun discussions with most of the world’s top automakers and has assembled a team of traditional and nontraditional suppliers to speed up efforts to bring self-driving cars to market by 2020, a top Google executive said on Wednesday.

“We’d be remiss not to talk to … the biggest auto manufacturers. They’ve got a lot to offer,” Chris Urmson, director of Google’s self-driving car project, said in an interview before speaking at an industry conference.

Jan 14, 2015

Detroit’s blue skies clouded by worries about fuel economy

DETROIT, Jan 13 (Reuters) – Auto industry executives see
nothing but blue skies in the U.S. market, especially compared
with troubled Western European economies or slumping emerging
markets.

There is just one, increasingly vexing problem: The vehicles
American consumers will pay a premium to own are not the
fuel-sipping small cars or electricity-powered models that they
have been lavishing capital on to meet government emissions
regulations. Instead, what is selling as gas prices fall are big
trucks, SUVs and high-performance luxury cars.

Jan 14, 2015

Tesla to hike electric car output to ‘a few million’ by 2025

DETROIT, Jan 13 (Reuters) – Tesla Motors Inc plans
to boost production of electric cars to “at least a few million
a year” by 2025 from fewer than 40,000 last year, Chief
Executive Officer Elon Musk said Tuesday.

Speaking at an industry conference in Detroit, Musk said
Tesla may not be profitable until 2020. In addition, Tesla sales
in China were unexpectedly weak in the fourth quarter. He blamed
a misperception by city-dwelling Chinese consumers that they
might have difficulty charging their electric cars.

Jan 13, 2015

Daimler still bullish about China amid BMW woes

DETROIT, Jan 12 (Reuters) – Daimler Chief
Executive Officer Dieter Zetsche said on Monday he saw no signs
of a significant slump in sales for Mercedes-Benz luxury cars in
China, even as rival BMW struck a more cautious tone.

Daimler and BMW expect higher sales in 2015, after reporting
record deliveries and higher China sales in 2014. Carmakers are
now grappling with a Chinese economy where the pace of car sales
is slowing down after years of high double-digit gains.

Jan 12, 2015

GM shows Bolt electric vehicle concept with 200-mile driving range

DETROIT, Jan 12 (Reuters) – General Motors Co on
Monday showed its Chevrolet Bolt concept car with an electric
driving range of more than 200 miles and a $30,000 price tag,
offering a view into where the U.S. automaker is pushing in
development of electric vehicles (EV).

The all-electric Bolt is a concept car not currently slated
for production, but Chief Executive Officer Mary Barra said the
company is committed to developing an affordable, long-range EV,
and GM said they could develop the car in as little as 18
months.

Jan 8, 2015

GM CEO sees U.S. auto market flattening, but room for growth

DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) Chief Executive Officer Mary Barra said growth in the U.S. auto market will flatten out this year, although a strong economy and falling gasoline prices should sustain demand.

Barra, meeting with reporters on Thursday after a turbulent year dominated by a scandal over safety recalls, said she is “cautiously optimistic” about 2015. She cited strength in the United States and China, and said GM will have to adjust to weather “twists and turns” in other markets, including Europe.

Sep 9, 2011
via The Great Debate UK

Startup accelerators and Internet bubbles

–Joe White is COO of Moonfruit.com. The opinions expressed are his own.–

All this week Seedcamp, a UK-based internet startup accelerator, has been running its headline annual event Seedcamp Week in London.

As an accelerator, Seedcamp has mimicked a successful process established in the U.S. by Y Combinator, Techstars and others of taking early stage internet entrepreneurs and running them through an intense programme of mentoring and business development. Mentors are laid on from different disciplines and work with the entrepreneurs each day. They cover founders, product experts, venture capitalists, marketing specialists and more. The best ideas at the end of the programme get funding to get started. Seedcamp Week brings the best of the best from the Seedcamps throughout the year and around the world for a final London mentor and pitch feast.

Sep 2, 2011
via The Great Debate UK

The legislation affecting your trade

–Joe White is COO of Moonfruit.com. The opinions expressed are his own.–

Legislation affecting your business can seem like one of those extra things you just shouldn’t have to worry about, but it is real and does matter. Some of it is a real pain, and some of it is a good discipline with real benefits.