article thumbnail

How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. The personal computer vastly expanded the number of people and organizations that used computers. engineers were forming hobby clubs to learn about the new machines.

Personal 143
article thumbnail

Toyota to build prototype city of the future, powered by hydrogen fuel cells

Green Car Congress

Envisioned as a “living laboratory,” the Woven City will serve as a home to full-time residents and researchers who will be able to test and to develop technologies such as autonomy, robotics, personal mobility, smart homes and artificial intelligence in a real-world environment. —Akio Toyoda, president, Toyota Motor Corporation.

Toyota 369
article thumbnail

Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Baua Electric

But CarsDirect reports that the EV is available in the Greater New York area with a lease cash discount. Lease cash is a manufacturer incentive that lowers the cost of a new vehicle when it’s leased. The bZ4X starts at $43,070 for the 2024 model year. As Electrek reported this week, Toyota only sold 1,897 bZ4X models in Q1 2024.

article thumbnail

Major pension fund tells Tesla investors: vote against Musk’s $55B pay package

Baua Electric

But now we’ve heard from some of the US’ largest pension funds, those managing New York City’s pension systems, along with a number of other investment groups. The group sent a letter , written by Brad Lander, the Comptroller of the City of New York, on behalf of several NYC city employees pension funds.

Tesla 52
article thumbnail

UAW targets Tesla in future plans to bargain with ‘Big Five or Six’

Teslarati

workers in California, Texas, Nevada and New York. According to a person familiar with the matter in the Bloomberg report, Tesla’s factory in Fremont, California, has a UAW organizing committee, and its members are actively talking to workers about the benefits of unionization and collective bargaining.

Future 122
article thumbnail

Robert Bosch Venture Capital leads US$17.5M investment in Teralytics; advanced mobility analytics using telecom data

Green Car Congress

Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, is leading a US$17.5-million The next ten years will bring a seismic shift in mobility technologies, comparable to the impact that transistor and personal computer advancements had on miniaturization and digitalization.

Insight 186
article thumbnail

Tesla’s Elon Musk sees net worth shrink by $12B amid ESG fiasco, GOP support announcement

Teslarati

Despite having over $12 billion lopped off his net worth, Musk still stands as the world’s richest person with $210 billion to his name. This still places him far ahead of the world’s second-richest person, Amazon founder Jeff Bezos, whose current net worth is estimated to be at $131 billion. Tesla shares dropped 6.8%