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Elon Musk just put the rail industry on notice (TSLA)

In autonomous convoys, moving freight using Tesla Semis would cost less than using railroads. Convoys would consist of a lead Semi with several others following autonomously. "This beats rail," Musk said. HAWTHORNE, California — On Thursda


Elon Musk says Tesla made a new Roadster to be a 'hardcore smackdown to gas-powered cars' (TSLA)

Elon Musk called the new Roadster a "hardcore smackdown to gas-powered cars." Tesla finally has a proper supercar. Serious fans of the company have been begging for a new Roadster for years. HAWTHORNE, California — It takes a lot to upstag



Tesla just unveiled its first electric semi — and it looks like a spaceship (TSLA)

Tesla is getting into the trucking business.  On Thursday, CEO Elon Musk took the wraps off the company's first electric big rig, a semi the company claims is safer and more efficient than any diesel-powered heavy duty truck on the market.  "Over


Saudi Aramco could co-list in London and New York

State oil giant Saudi Aramco could co-list in London and New York when it floats next year, according to an investment advisor. The company plans to float in mid 2018, but the listing venue is currently uncertain. London, New York and Hong Kon


The Tesla big-rig gets rid of something truckers have done forever (TSLA)

Tesla revealed its big-rig on Thursday night. The all-electric Tesla Semi eliminates the conventional clutch and gears of traditional big-rigs. The Tesla Semi should also have far better brake life than traditional rigs. HAWTHORNE, Califor


The Tesla Semi was designed to be a long-range spaceship for the road (TSLA)

The Tesla Semi was literally designed to provide a spaceship-like experience for the driver. Tesla designed the truck using many off-the-shelf parts from the Model 3. Tesla allowed journalists to compare the Semi with conventional diesel big-ri


10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Friday. 1. Labour has called for the prime minister's husband Philip May to answer "serious" questions about his role at a company linked to the Paradise Papers tax avoidance scandal. Leaked e



UBS: The pound is the world's most overvalued major currency

Sterling is 19% overvalued, Swiss bank UBS says, making it the most overvalued major currency on earth. This is largely down to the UK's "elevated" current account deficit. Despite dropping more than 10% since the Brexit vote, sterling could ha


Tesla just revealed its new Roadster and it's a complete game-changer (TSLA)

Tesla unveiled its new Roadster Thursday evening. The new Roadster will feature Plaid mode, which will enable it to do 0- 60 mph in just 1.9 seconds. This will make it the world's fastest production vehicle, the company claims.  The base model