Elon Musk

How Much Money did the Wealthiest People on Earth Lose in one Night?

The billionaires’ current biggest enemy is a coronavirus. The world’s five wealthiest people lost $36.5 billion as the epidemic spread. The biggest loser was the Amazon chief Jeff Bezos. He lost $11.7 billion, but he still has a fortune of $116 billion, which is the world’s biggest. Bezos is followed by Microsoft co-founder Bill Gates. The no.2 tycoon is down $5.7 billion.

Source:foxbusiness.com

The investor Warren Buffett, the chairman of Berkshire Hathaway, lost $6.1 billion. He is the fourth-richest person.

The CEO of Tesla, Elon Musk, is no. 27 among the world’s richest, but he ranked no. 2 in terms if looses. He lost $6.8 billion since the electric-car factory in China was temporarily closed. The founder of Facebook, Mark Zuckerberg lost $6.4 billion, being left with $71.4 billion. The billionaire Bernard Arnault, who was the only other person besides Gates and Bezos to have a 12-digit net worth, lost $6.6 billion and is currently left with $97.8 billion.

Source:ibtimes.com

2020 Car Model You Didn’t Expect

Arguably cars are the most hi-tech things the mass market can accept. Today’s cars require years of researche, experiments, modelling and testing, and it seems impossible to enter this market from scratch unless you’re Elon Musk. Nevertheless, if you want a car with your brand to hit the asphalt, there are many ways. Yourmotobro tells about the seconds Harley-Davidson-branded GMC that already hit the American stores. But don’t be surprised to see a Sony or Xiaomi car this year.

The New Harley-Davidson GMC Presented

Source:harleytruck.com

It’s a strange dystopian feeling to see Harley-Davidson branded cars. As if the vendor has made an Orwellian shift to “two wheels good, four wheels better!”, this year we see the second branded car. Now, from a single experiment, it turns to permanent activity.

Not that the famous motorcycle brand has always stood away from cars. Still, the most respectable American model, Ford F-150, that has received Harley Davidson branding from 2000 to 2011, was rather an exception, one of a kind, and it has always been rather Ford than H-D. But in 2019, the situation changed when Tuscany Motor Co. purchased a license and started manufacturing its own Ford F-150. This year, in addition to this new take on classics, we see a Harley Davidson version of a GMC Sierra truck. Both of the models are manufactured by Tuscany Motor Co. under licenses from the original vehicle vendors and Harley-Davidson supervision.

Branded components are inside and outside. The logos are on the grille and across the tailgate, on doors, on the console and across the interior. Two-tone leather completes the visual style. The pedals and the door inserts, the gauges and even the floor mats are branded too: nothing is too minor. Sensors are recalibrated too, from the speedometer to the tire ones.

As yourmotobro.com reports, the overall batch of the H-D branded Sierra (oh, pardon, GMC Harley-Davidson Truck) is just 250 units. The suggested price is rather respectable: $94,995. Nothing exclusive is cheap, anyway. We don’t know yet whether there will be extra units, or the next year Harley-Davidson and Tuscany alliance will license some other cult brand to make another limited series.

Sony: from Walkman to Ride

While the overall impression left by CES 2020 was quite dull, it was Sony who broke the windows and let some fresh air in. The Japanese company seemed all about entertainment rather than technology lately. It sold its VAIO laptop brand and stopped producing computer components, investing in gaming and cinema production instead. So it came as a surprise when Sony introduced its electric car Vision-S in Vegas.

The model is still a prototype, and it’s unclear whether its mass production will ever start. Still, Sony made a good impact with the very fact. Taking a closer look at Vision-S makes the impression complete. Big displays and 200-KW motors, ubiquitous sensors and an AI driver, and, of course, great sound provided by Sony speakers.

Like Harley-Davidson is all about “good ol’ America”, fast and dusty, Sony brings futuristic Japan vibe from the 1980s’ sci-fi, shining and glittering. They seem to be different species: a truck with Sturm-und-Drang nature and all-electronic smooth futurism.

Xiaomi: Now They Really Produce Everything

The Chinese giant may still be taken as a second-row vendor, but its ubiquity and productivity can impress anyone. Its first product in 2010 was not even a smartphone, but an Android-based operating system for other vendors. Now it sells smartphones and smartwatches, tablets and laptops, smart home sensors and vacuum cleaners, and even exotic things like telescopes. And in 2019, it presented the car.

Well, it’s not exactly its own (like the previous examples), but branding does much of the work. Redmi, a Xiaomi subbrand, is known for its affordable and rather solidly built devices. The same goes out to the car named simply Xiaomi Redmi Car.

In fact, it’s just a branded version of an existing model by a locally known vendor, namely Bestune T77 SUV. The class of it is compact-SUV, with 1.2 L CA4GB16 engine and front-wheel drive. The interior reminds that of the modern Mercedes analogs, and the exterior has obviously been influenced by Citroen-designed DS 7 Crossback.

Yet, hopelessly secondary in terms of car design, the Chinese car gets its revenge when it comes to user experience. It features a holographic assistant that accompanies traditional voice recognition. In addition to a wow effect, it also replaces the traditional windshield decorations. Of course, the interior also boasts a digital dash and a large touchscreen. It’s also worth mentioning a 5-speed manual, or a 7-speed DCT.

But what does Xiaomi bring? Maybe nothing but its name (much more famous than Bestune, or Besturn as it was before, or whatever), and some visual branding. Maybe just a better integration with its phones. But it’s quite enough. It has a large fanbase almost all over the world, waiting for the right moment to invade the US market.

Other Trends

But does it necessarily take a branded car model to enter the industry? Well, Google and Apple probably don’t need their names on the exterior, while definitely developing car technologies. Exclusive solutions and limited series can sell well, but going massive is a higher sort of ambition. On the other side, fashion designers are always welcomed in the car industry. They provide the style in limited series, and it works for a long time, too.

Will it lead to three-branded cars? For example, if a BMW or a Lexus stuffed with electronics by Sony or Google and designed by Lacoste or Gucci, will it boast all the brands? The answer is: why not.

And what do you think about side brands in the car industry? Would you drive such a vehicle? Or would you prefer something more traditional?

 

5 Billionaires Transforming The World

Stock markets go up and down, people are getting richer and poorer, but who are the billionaires that are using their power, knowledge and money to contribute to transforming the world as we know it. We bring you our top 5 billionaires that are doing just that.

1. Bill Gates

Source:youtube

Although Bill Gates is primarily known for being the principal founder of Microsoft, he is continuing to add to his legacy through his philanthropic work post-Microsoft. Breakthrough Energy Ventures (BEV) is a $1 billion fund led by Gates and backed by billionaire friends, Reliance’s Mukesh Ambani, Amazon’s Jeff Bezos, former New York City mayor Michael Bloomberg and Virgin’s Richard Branson to name a few. The purpose of the fund focuses on tackling climate change on an immediate timescale by investing in technologies with the potential to reduce annual global greenhouse-gas emissions by at least 500 million metric tons. Global emissions currently measure about 40 billion metric tons a year.

Startups with these technologies can often find it difficult to scale, either because the engineering challenge is too big or the business environment that can support the companies is non existent which is why these companies need “patient capital”. For this reason, BEV are willing to allow 20 years for a return on their investments.

2. Richard Branson

Source:contently.com

Virgin tycoon Richard Branson still has his sights set on the sky but a little further than the clouds. Virgin Group founder, Branson, has reached a new frontier, developing commercial spacecraft under British spaceflight company Virgin Galactic. Although it’s still in the developmental stages, Virgin Galactic’s SpaceShipTwo craft had a successful trip reaching the edge of space for the first time.

This venture is the most successful of its kind by far, as the space race continues.

3. Elon Musk

Source:foxnews.com

He made the electric car cool. Tesla co-founder Elon Musk isn’t ready to stop at cars. Musk has been working on developing an all-electric heavy-duty truck known as the “Telsa Semi” with production planned for the end of 2020. Included in the Semi-standard would be Tesla Autopilot that allows semi-autonomous driving on highways. The battery-operated vehicle can be charged using a solar-powered “Tesla Megacharger” charging station.

Like Branson, Musk also has interests in space. In 2002, Musk founded SpaceX, a US aerospace manufacturer and space transportation services company. His current mission is to reduce space transportation costs to enable colonization of Mars

4. Larry Ellison

Source:kosmosholding.com

Larry Ellison is known for founding computer technology company, Oracle in 1977 with just  $2000 funding, half of which came from himself. Since then, Ellison has shifted his focus to finding a way to live forever. He has become fascinated with prolonging human life and has invested millions into researching the hormone DHEA, which some scientists think slows the process of ageing.

5. Tej Kohli

Source:flickr.com

Tech entrepreneur Tej Kohli is a global business leader renowned for his long term investments in technologies and his commitment to philanthropy. Kohli’s current interests lie in machine learning and developing artificial intelligence for the world’s benefit. According to Tej Kohli, machine learning can even be used to improve healthcare, using US-based biotech firm, Detraxi, pioneers of research into artificial blood, as an example of the long term benefits we could see from the development of machine learning. This research could help organ preservation worldwide as Tej Kohli supports “fewer people will die due to a lack of blood”.

When he’s not on the lookout for his next investment opportunity, he’s focusing on his mission to end corneal blindness through his charitable collaboration with LV PrasadEye Institute in Hyderabad and the Tej Kohli Cornea Institute.

We are excited to see how these billionaires progress with their latest projects and how they will transform many lives.

Ten Influential Tech Leaders That Have Reshaped The World

The ever-increasing technology options offered to us by some powerful, creative people, give us the opportunity to change the way we run our business and personal lives. Yes, this is also known as disruption. Deciding on ten of the most influential leaders is not an easy task, considering how many have contributed to the leaps and bounds experienced in the industry. Indeed countries like the US, Israel, China and India played a pivotal role in producing these amazing leaders.

Perhaps not everyone will agree that the ten that follow are the most influential since there are various industries – but in TECH, these people certainly matter a lot. Scores of brilliant people work hard and are contributing in wonderful ways to the field of technology. However, everyone has to agree that the ten people that follow have made a huge impact on our lives and our modern civilization, challenging us to also move at an ever faster pace as we try to keep up. Even those who have no interest in the world of technology but who have seen their lives changed drastically because of it, have to admit that there are some brilliant minds out there.

Smartphones alone are owned by millions around the world, an even if they have no other interest in technology, this little gadget can incorporate just about everything that has recently been discovered in the world of tech. These great names have all contributed creations that everyone relies on.

Jeff Bezos

Img Source: tribpub.com

Jeff Bezos, through Amazon, has managed to transform the retail industry, while the company is also currently leading the race in AI. Alexa, the powerful weapon in his arsenal has changed the way people shop or turn on their music, heat, and lights. Meanwhile, Amazon Web Services is the cloud computing platform that other big tech companies like Netflix and Spotify rely on to provide their services to clients.  These changes in the lifestyles of people around the world have other business leaders worried about what Bezos will come up with next and are forcing them to match his creativeness.

Bill Gates

Img Source: time.com

Bill Gates is the founder of Microsoft, without which most of the other tech companies would not exist as we know them today. The rapid growth of the internet over the last thirty years was because of Microsoft which has often been criticized as a dominator in the field. Even though there has been much criticism, the truth is that Bill Gates, Microsoft and the Bill and Melinda Gates Foundation have challenged and influenced the world of tech and the world beyond for many years. It seems safe to say that it will continue to do so for many more.

Mark Zuckerberg

Img Source: vice.com

Some love him and some not, but Mark Zuckerberg is the undeniable king of social networks. He is the founder of Facebook, the campus experiment that now has 2 billion monthly users. His company also owns Instagram, WhatsApp, Oculus VR and more. His vision to connect the whole world does not seem as impossible now as it did ten years ago and he is concentrating his company efforts on acquisitions. Mark launched Internet.org that takes the Internet to remote and rural regions around the world. He is faced by many challenges at this time with issues that include privacy and the rise of “fake news’” and the whole world is watching how Facebook deals with these issues.  Facebook uses some of the most unique algorithms and powerful algorithms but is also researching AI and other technological fields.

Steve Jobs

Img Source: fortune.com

Steve Jobs is the man who made the Apple personal computer and iPhone a necessity for almost every person in the world.  His legacy also changed how we listen to music and watch films. Through these developments, we now all feel lost if we leave home without our phone. The iPhone has ensured that all Generation Z does not understand what the world was like before we carried our whole lives with us constantly.

Elon Musk

Img Source: entrepreneur.com

Elon Musk has taught the world to dream. He is a business mogul, investor, an engineer and is the co-founder of PayPal, one of the leading global payment and banking technologies. He is the creator of Tesla Motors and SpaceX and is known to be a tough boss to work for. Some of his dreams are easier to achieve while others may take a little longer – to develop fully-electric, self-driving cars and to take the first humans to Mars. Μusk has developed the world’s first reusable rocket and is followed by many on social media channel. He strongly influences how the young and old think about issues like AI, cleaner energy and environmental issues and is followed closely by many on his social media accounts.

Evan Spiegel

Img Source: vox.com

The CEO of SnapChat, Evan Spiegel, is still under 30 and is considered the person to watch as far as social media goes. SnapChat changed social media from sharing with as many users as possible to a more intimate and private level and Spiegel even proposed to his girlfriend via a SnapChat filter. Google offered 30 billion to buy the company but was turned down, while SnapChat succeeded where Google failed, with the launch of wearable sunglass technology. Even though many of the popular features of SnapChat have been copied by its main competitors, the company will have to keep innovating in order to keep everyone interested.

Linus Torvalds

Img Source: ted.com

The creator of Linux, Linus Torvalds, is without a doubt another top visionary in the tech world. He is the principal developer of the Linux kernel, the open-source operating system which powers a multitude of systems, including operating systems like Android and Chrome OS. These systems run asoftware and smart devices. Without Linux’s impact, the world would not be connected as efficiently as we know it now.

Andrew Jassy

Img Source: ft.com

Andrew Jassy is the person behind the previously unheard of idea of computing power rentals. Amazon Web Services is teaching the rest of the tech world a few things and everyone is scrambling to adapt. Amazon’s cloud is used by some of the biggest companies in the world to send real-time data, stream video and a whole lot of other applications.  Netflix, Spotify and Major League Baseball are just a small example of the companies that rely on Amazon Web Services to offer their own services to customers across the world daily.

Avi & Henri Ben Ezra

Img Source: twitter.com

The two Israeli brothers, Avi Ben Ezra and his brother Henri, are empowering businesses around the world deploy chatbots to work alongside humans. Their company SnatchBot is a leader in the field of AI with its easy Bot builder platform that allows businesses and developers easy access to chatbot development. These developments have changed the way that companies work, while they have raised the bar for customer expectations and satisfaction. Credit card fraud has been reduced significantly because of their genius approach to credit card security with the deployment of AI and Chatbots and consequently, crime mafias are constantly been pushed out from call centers globally.  Early on, companies in France, Israel, and the US have readily adopted their AI thereby reducing their carbon footprint in local areas since fewer people need to travel to work during peak hours – now it has gone global to all corners of the world.

Larry Ellison

Img Source: investopedia.com

Oracle’s co-founder, billionaire Larry Ellison might have stepped down as CEO last year, but he still serves as chairman of the board and chief technology officer of the database and software giant. Oracle was started in response to the growing need for customer relationship databases and has branched out into cloud-software computing. The company revealed that 20% of its clients are now buying tech via the cloud rather than traditionally and their numbers are rising. Ellison has other interests outside of Oracle and just recently purchased 3 million Tesla shares.

Should you buy Tesla Model 3

When it comes to buying vehicles, there are numerous things that need to be considered. The automobile technology is stepping up in its own game, and today we have so many types of cars to choose from.

Today, we are going to talk about the new Tesla Model 3 car, one of the most anticipated vehicles of the year. For those of you who don’t know what Tesla cars are, they are electric automobiles with the design and power of a regular one, except they are eco-friendly and overall amazing.

However, there are a few things that you need to know before making up your mind and making the transaction for a Tesla car, so let’s take a look.

Should you buy the Tesla Model 3?

source: electrek.co

Tesla opened the first sale for their brand new Model 3 automobile in North America, in the mid-2018. Customers could then purchase this vehicle and expect the delivery to be done in less than two months. People say that Elon Musk is trying to step up in his game by creating the Model 3, but it was still too early to tell if the vehicle is worth it. Here are some things that you need to know before considering buying the Model 3.

source: electrek.co

The model that is currently available for buying is not exactly the promised $35,000 one. Which means, at the moment, the model 3 is not the most affordable car that you can get, because it currently costs about $52,000. If you want to learn more about this subject and be up-to-date with all recently posted news, make sure to visit EV News. It is said that the price is slightly increased because Tesla is currently producing the version with the upgraded dual motor. Which means, you get what you are paying for, but if you were just trying to go for the more affordable version of the model 3, you might’ve had to wait a bit until early 2019. When the standard version of the model 3 is going to be released and available for sale, it will cost $35,000, just as promised.

Why choosing an electric vehicle over a regular one?

source: mashable.com

When it comes to purchasing automobiles, choosing an electric one has many benefits, and a few downsides as well. Although the downsides are usually the price in most cases, the benefits can be far greater. First and most important of all, you are saving our ecosystem by driving a vehicle that is not hazardous to the environment, and you are not polluting the atmosphere with it. Next, electric cars are amazing, and they constantly receive updates to their software, especially the Tesla ones. Imagine updating your car just like updating your personal computer’s software. Smells like the future yet? And, they make far less noise, so for those of you who hate the loud sounds while driving, this is the perfect solution.

Some people think that electric cars are not comfortable or they have the toy-ish feeling, but this is certainly not true. Tesla is making sure that you feel the same, if not better as if you were driving a standard vehicle. With the model 3, you won’t even know that you are driving an electric vehicle.

5 Facts to Know About the 2021 Tesla Model Y Crossover

The Tesla Model Y Crossover will be built on the same platform as the Model 3. This crossover, which will be smaller in size than the Model X, is expected to enter production in 2020. Several days ago, at an event at the Tesla Design Studio in Los Angeles, Musk revealed the Tesla Model Y. This crossover marks Tesla’s newest production vehicle. So, here are five facts to know about the 2021 Tesla Model Y crossover.

5. Where Does The 2021 Tesla Model Y Fit?

Source:autoexpress.co.uk

As we already know that the Model Y will be built on the same platform as the Model 3, the things we know about this model come from this car. If Tesla doesn’t stretch the Model 3’s 113.2-inch wheelbase, the Model Y will fit among smaller crossovers like the BMW X3 and Acura MDX. The Model Y will be a car-based SUV, which features spacious rear cargo area of a trucker SUV and tall seating position. So, it will be quite similar to the smaller crossovers. Likewise, the Model Y won’t cost much more than the base Model 3.

Elon Musk Embraces Meme

Elon Musk is not your ordinary businessmen, he is a businessman that has become very invested in the world of memes. This interest has made him become a very important online personality as well. Him appearing on the popular series called meme review on Pewdiepie’s youtube channel played a big part in that.

When he posted his tweet talking about hosting meme review that made Pewdiepie fans go wild.

This led to him appearing on the show on February 22, and Justin Roiland was there to help rate the memes too.

After he participated in the meme review episode he has been very serious about his memes. He is very much embracing all the memes that feature him but also in general. He even posted a meme from Call of Duty Zombies one day after the episode of meme review.

Sometime ago Elon tweeted out a funny picture that had Dwayne the Rock Johnson on it but with Elon’s face photoshopped over it.
Soon there were many more versions of the meme roaming the twittersphere.

After having Elon Musk on there, Pewdiepie continued the trend and kept having other people as a guest on his show.

Tesla may introducean electric pickup in 2019

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Tesla is going to be busy in the following months and years. It is still working on Model 3s to meet all the demand.The company also has a plan for a crossover named Model Y, is bringing their first semi-truck to the market, andlast but not leastis working on the next Roadster. The firm is always busy, which is a good thing. Now, they are also designing a pickup truck. Co-founder and CEO Elon Musk recently wanted feedback from Twitter on the form of the truck, and announceda potential prototype reveal.

“What would you love to see in a Tesla pickup? I have a few things in mind, but what do you think are small but important nuances, and what would be seriously next level?” he asked back in June.

He then confirmed some basic specifications. The model is still unnamed, and will be about the same size as the Ford F-150 and Chevrolet Silverado. It will have a dual-motor all-wheel drive, a ton of torque, and self-leveling suspension. One thing others do not have are 360-degree cameras to make parking easier. Finally, it will have a 240Vpower outlet.

Source:electrek.co

Some Twitter users wanted individual torque control for each wheel, while others said they need physical buttons as touch screens are difficult to use with work gloves. One user wants the amphibious capability.

Musk already mentioned how the core design and the elements of engineering have been in his head for years, and that he wants to build it so bad. He also faces competition, as a Michigan startup Rivian turned headset the 2018 LA Auto Show with a battery-electric pickup R1T. This month, Musk tweeted that the companymay show the prototype next year. This means the truck will not be available at least until 2020.

What is next?

Source:vehicleservicepros.com

We may also see a second truck from them. They showed a sketch briefly of a giant EV during the semi unveiling in November of 2017. This one would be much bigger than Ford F-150, and carrying an F-150 in the cargo bed. Although sketches tend to be misleading, the model seems to pick up where the International XT left off. Elon Musk described this concept as “a pickup truck that can carry a pickup truck.” He said, “We created a pickup truck version of the Tesla semi. It’s a pickup truck that can carry a pickup truck. By the way, you will actually be able to drive that with a normal driver’s license.” he said in the presentation. Very interesting indeed. We will have to be patient until more details become available.