Huge Financial Losses For Tesla

Huge Financial Losses For Tesla

In the last quarter, Tesla announced financial losses of USD$293 million. Last year, they posted losses of $184 million. Tesla has now lost money for the 13th quarter in a row. These numbers may look catastrophic, but we have to put things into context. The manufacturer is currently spending lots and lots of money in […]

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And the 2016 Engine of the Year is…

The results for 2016 Engine of the Year, an annual award given by Engine Technology International Magazine, are in. A vast selection of powerplants were entered, and the winners have been announced in 12 different categories. Here are the winners: Less than 1 litre : Ford’s turbocharged 1.0-litre three-cylinder 1.0 to 1.4 litres : PSA Peugeot Citroen’s […]